To The Moon

To describe the market's sharp fall or my feelings in one word, "focus" would be relevant. Sticking to your plan and strategies will benefit you in the long run, so don't lose focus on them! @CaptainTigerThose of you who have read The Essential Buffet - Timeless Principles for the New Economy by Robert G. Hagstrom would remember chapter 5 - "Focus Investing: The Big Picture". And more importantly on page 129 "The Focus Investor's Golden Rules" is listed. It is still very relevant today and more importantly in this tumbling market. @TigerStarsRule 1 - Concentrate your investmentsa in outstanding companies run by strong management.Warren Buffett mentioned "If the company itself is do

US Securities and Exchange Commision (SEC) just fined $NVIDIA Corp(NVDA)$$5.5 million to settle charges that it unlawfully obscured how many of its graphic cards were sold to cryptocurrency miners.Its order claims Nvidia misled investors by reporting a huge boost in revenue related to “gaming,” hiding how much its success relied on the far more volatile crypto market. Nvidia isn’t admitting to wrongdoing as part of the settlement, but it agrees to stop any unlawful failures to disclose information. How it all startedDuring Nvidia’s fiscal year 2018 financial reports the SEC notes Nvidia saw an explosion in crypto mining-related sales in 2017, when the rewards of mining Ethereum grew dramatically. Crypto mining was widely reported as a cause of GPU

Before we can answer @CaptainTigerquestions, we need to understand the main difference between cryptocurrency such as Bitcoin and Ethereum and stock market.Stocks vs CryptoStock is an ownership interest in a business (backed by the company’s assets and cash flow), whereas cryptocurrency in most cases is not backed by anything at all.Because cryptocurrency is not backed by assets or cash flow, the only thing moving crypto prices is speculation driven by sentiment. As sentiment changes, prices shift, sometimes drastically. So cryptocurrency is driven only by the hope that someone will buy it for more in the future, what’s called the “greater fool theory" of investing (do read more about greater fool theory, it is fascinating!).In essence

Its a sea of red everywhere currently, lucky for us, understanding how merger arbitrage works will help us realize why this strategy doesn't really care about the current unfavorable market.The MergerOn April 25, $Twitter(TWTR)$announced that it had agreed to sell itself to Elon Musk for USD54.20 per share. Yet, the stock is currently trading at ~USD47.20, why the big gap? Wouldn’t it mean that buying the stock here is a no-brainer?The merger agreement will lay out terms about the final price for $Twitter(TWTR)$, when the deal is potentially expected to close, information about any other bidders if there were any (without any names named), the kind of regulatory approvals the deal will require, approvals

Disclaimer: I am not affiliated with $Tiger Brokers(TIGR)$, am just someone who enjoy writing helpful articles and get appreciated for it. @CaptainTigerplease let me know if I am not allowed to post this type of article, I will delete it immediately[Smile]  We all can obtain Tiger Coins by checking in everyday, completing tasks, as well as participating in events or activities initiated by Tiger Brokers.And the best part is that we can redeem them for commission free trades vouchers, stock vouchers, free Reuters videos, and other amazing rewards!How do we check our Tiger Coins?"Me" section of the appYou can click on "Signed in" or "Tiger Coins"So, how do we get Tiger Coins?1) Consecu

$Amazon.com(AMZN)$stock price is down 38%, which is 58% more than the NASDAQ has fallen, and the largest drop in four months since the dotcom bubble in the 90s. 480 billion dollars is how much Amazon’s market cap has dropped this year!!!Amazon in the last three years has risen heavily, becoming a trillion dollar company, but on the current path, it could lose that status soon.Lets look at Amazon’s numbers and see what’s causing this and if this is a short term issue, versus a long term problem for the companies stock. Starting off, a look at revenue and profits.Revenue116.4 billion was how much Amazon made in the first three months of 2022. 108.5 billion was the revenue up for the first three months of 2021, up 7.4%, although that’s good, but prof

$WILMAR INTERNATIONAL LIMITED(F34.SI)$has conducted share buy back for two days in the row! Today they spent SGD7,914,816.78 for a total number of 1,800,800 shares purchased. The highest price per share purchased was SGD4.40 while the lowest price per share purchased was SGD4.38Yesterday they spent SGD16,035,730.78 for a total number of 3,626,600 shares purchased. The maximum number of shares authorised for purchase is 630,122,460 shares, and the cumulative number of shares purchased to date by way of market acquisition is 5,427,400 (from the date on which share buy-back mandate is obtained).As Warren Buffett said at Berkshire's annual shareholders meeting on Saturday - "If you do it at the right price, there's nothing better than buying back pa

Sell in May and go away? How about no, the adage losing relevance on SGX.We all in sg are being haunted by the famous adage of dumping stocks in the so-called "suay" month of May and probably coming back after October. However, the proverb - Sell in May and go away! - is losing its relevance nowadays, if we look look see see data. In the last one decade, there have been only few instances when $Straits Times Index(STI.SI)$or $FTSE Share(FSTAS.SI)$has delivered negative returns in May.Although various studies have validated this theory, a majority of market experts say this saying, nowadays, is nowhere close to the reality. According to data from leading equity firm, those index has delivered negativ

Since the Fed hikes rates half a point and will shrink assets to curb inflation, what does it mean for our shares $Marathon(MRO)$+ $ConocoPhillips(COP)$?The Federal Reserve delivered the biggest interest-rate increase since 2000 and signaled it would keep hiking at that pace over the next couple of meetings, unleashing the most aggressive policy action in decades to combat soaring inflation.The U.S. central bank’s policy-setting Federal Open Market Committee on Wednesday voted unanimously to increase the benchmark rate by a half percentage point. It will begin allowing its holdings of Treasuries and mortgage-backed securities to decline in June at an initial combined monthly pace of $47.5 billion, stepping

$WILMAR INTERNATIONAL LIMITED(F34.SI)$just spent SGD$16,035,730.78 on share buy back earlier today for a total number of 3,626,600shares purchased. The highest price per share purchased was SGD$4.43 while the lowest price per share purchased was SGD$4.40This is a positive news amidst the negative news surrounding Wilmar affiliate. Adani Wilmar which is a joint venture between India’s Adani Group and Singapore’s Wilmar International, reported a 25.62 per cent year-on-year decline in its consolidated net profit due to high expenses (up 40%).Let's hope the momentum remain strong!