To The Moon

Source: WSJChuck Akre founded Akre Capital in 1989, as of the first quarter of 2022, has $14.6 billion worth of assets under management. In 2020, Chuck leave as manager of the fund. He leaves us with a legacy of not only 19% annualized returns from 2010-2020; 15.42% annualized returns over the 30 years from 1990-2020; and positive returns for 28 of the 30 years. This still does not include the returns earned by the base of FAANG and tech giants like Tesla.What he left behind was more than a knowledge of the long-term compounding machine and the so-called "three-legged stool theory" of investment philosophy to obtain compound interest.Charles T. "Chuck" Akre, Jr.Akre was raised in Washington D.C. and graduated from Blair Academy. He originally planned to get into a medical school

Hello, everybody.Today I looked at these main indexes weekly volatility forecast and offered my insights:1.OIL Weekly Volatility ForecastCurrently ourvolatility for OIL is at 6.6%, increasing from 4.7% last week, located on 100th percentile, placing us in a THE HIGHEST volatility environmentBased on the previous calculations, there is currently a 15.5% chance that the asset is going to break the channel(the weekly candle it will close above/below)TOP 83BOT 75.5At the same time, based on the previous calculations:- There is a 30% chance that the previous high from last week of 86.6 is going to be touched- There is a 70% chance that the previous low from last week 78.02 is going to be touched(at the moment of the writing was already touched)We can deduct that we

On 26 Sep 2022 (Mon), it finally happened to US stock market. The S&P 500 notched a new 2022-low at end of trading day. While Dow Jones Industrial Average has slipped into bear market.The singular tune that the Fed has been singing repeatedly - on delivering their sole objective to bring inflation back down to 2% by hook or by crook has more than done its job.Recap of Monday's performances :- Dow Jones : -1.11% (-329.60). Monday's worst performer.- S&P 500 : -1.03% (-38.19).- Nasdaq : -0.60% (-65.00).Looking at the Pre-market indicators, have they factor the key economic updates for this week already ? What are they ? Refer to 2nd file attached please - tks.Apart from monthly or quarterly reportings, Q3 results will be released progressively from this week onwards. *