To The Moon

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If you find my post helpful, I’ll be grateful and appreciate it if you could leave me a like on this post, and follow me for future posts like this. $AMC Entertainment(AMC)$ Price playing nicely as analyzed last week, giving us a -11.16% move before the current healthy bullish retracement. No changes to my expectations, I'm expecting price to continue lower to fill the fair value gap at 4.31 next. $Amazon.com(AMZN)$ Price playing out nicely as analyzed last week, giving us a 9.12% move before the bearish candle yesterday. If price were to continue higher, the next target for this bearish retracement is the bullish POI at 118.60. If price decides to go lower, we could see price potentially targeting the se

$DBS GROUP HOLDINGS LTD(D05.SI)$ Bloomberg reported that DBS recently loaned $30 billion to the Monetary Authority of Singapore (MAS) because it could not find enough opportunities to put its money to work. It is likely that UOB and OCBC have done the same. This is truly bad news for Singapore banks. Too much deposit?? It seems clear that Singapore banks are receiving more deposits than they can immediately deploy to suitable risk-adjusted asset opportunities. DBS' total deposits climbed 31% to $529 billion between December 2019 and March 2023. Fitch Ratings also reported that Singapore's banks chalked up the largest "excess" since 2020 as deposit growth continues to outstrip loan growth. Singapore has been a bene