To The Moon

It’s A “Mistake” ! I made the “mistake” of buying the dip on Thu, 18 Apr 2024 to add to my existing holdings on Basic materials stock - $Vale SA(VALE)$. According to $Morgan Stanley(MS)$, Chief Investment Officer, Mike Wilson, currently the 3 “stable” sectors will be: Energy ( $Energy Select Sector SPDR Fund(XLE)$ ). Materials ( $Materials Select Sector SPDR Fund(XLB)$ ). Industrials ( $Industrial Select Sector SPDR Fund(XLI)$ ). As part of my diversification strategy in investment, I try my best to put my eggs in different baskets. I made the decision to “buy the dip” because I di

As we have seen how volatile market have been on the first week of 2024, one way to measure volatility breakouts is through technical indicators, such as the average true range (ATR), which tracks how much an asset typically moves in each price candlestick. Average True Range (ATR) A sharp rise in the ATR can alert traders to potential trading opportunities, as it most likely indicates that a strong price movement is underway and there will be a breakout. Only when the ATR crosses above the simple moving average is there is a potential trade. The price should also be breaking above or below recent swing highs or lows for better opportunity. This helps to filter the times when the ATR crosses the moving average, yet the price does not move significantly. The average true range is a particu

Warren Buffett's Berkshire Hathaway has reduced its stake in HP Inc., the maker of printers and personal computers, by 47% to 5.2% in the past two months, according to a Form13 -G filing late Monday.I

The "Magnificent 7" stocks have driven returns for the market in 2023, but they must make space for these exciting technology stocks.

Bank of America press release : Q3 GAAP EPS of $0.90 beats by $0.08.Revenue of $25.2B beats by $130M.Net interest income up $614 million, or 4%, to $14.4 billion , driven primarily by benefits from higher interest rates and loan growth – Noninterest income of $10.8 billion increased $51 million, as higher sales and trading revenue and asset management fees more than offset lower other income.Provision for credit losses of $1.2 billion increased $336 million – Net reserve build of $303 million

Big tech has played the biggest part in the market's rally this year. Yet it isn't an entirely new p

SummaryLast time, I called Apple Inc.'s earnings miss based on Samsung's operating data. Today, I se

Amazon shares are roughly 2.2% Tuesday after UBS analyst Karl Keirstead issued a warning that Street