To The Moon

$S&P 500(.SPX)$ closed down with the regional bank crisis and liquidity issue lingering on the broader market. Multiple companies released their earnings yesterday, with most of them falling, while $Shopify(SHOP)$ , $Shake Shack(SHAK)$ and $Coinbase Global, Inc.(COIN)$ surging.1. $Shopify(SHOP)$ surged 23.84% with double beats and sale of logistics businessE-commerce firm Shopify early Thursday reported earnings and revenue for the March quarter that topped analyst estimates. SHOP stock rocketed 23.84% as the company also announced the sale of its delivery and logistics

FED May FOMC 0.25 might be last raise; Much talked about pause from June FED say will pause for longer, Bond market say will cut rate 3x by end 2023 FED say need see next 3 inflation reports - May, June, July, means continued pause or cut will be known by FOMC 21 July Liquidity Mar rally was fuelled by all the bank failures and FED injecting liquidity in the market Late Apr FED resumption of QT briefly stopped the "rally" FED started pumping again after the 2 latest banks "possible" failures Expect some propping of market for now (evident also on Friday 5 May) Price action Has been on an early possible bull cycle since Oct 2022 and remains so on long term indicators Key level to break now is 416 which leads to 421 and then 430 430 will be the confirmation of the bull cycle This does not

While earnings season and lower commodity prices have cheered tech investors, the Fed's stance and r

$Maca Ltd(MLD.AU)$Had a shock in the morning when I opened tiger app.Wondered what happened.Checked the news:https://wcsecure.weblink.com.au/pdf/MLD/02545393.pdfhttps://ttm.financial/m/news/2254955528?edition=fundamental&utm_campaign=2254955528&utm_source=news&invite=S2ODHF&lang=en_US&platform=iOS&shareID=b622d73708bc7457e537357aea994765&utm_medium=copyGuess that's it. time to say good bye to MACA. I had invested in MACA since more than 10 years back, when its valuation was extremely attractive and offering >12% dividend yield. Eventually exited cos reached fair valuation For profit.Lately cos I had spare cash after exiting $AGL ENERGY LTD(AGL.AU)$. I went back to M