To The Moon

Public Holidays The United States celebrates Memorial Day on 29 May 2023. I will like to give a shout-out to the veterans who have served the country. Singapore celebrates Vesak Day on 02 Jun 2023 No other public holidays for China & Hong Kong this week Economic Calendar (29 May 2023) Economic Calendar starting 29 May 2023 Notable Highlights Payroll & Jobless claims. There are a few important announcements like JOLTs Job Openings, ADP Nonfarm employment change, initial jobless claims, Average Hourly Earnings, Nonfarm Payrolls and Unemployment Rate. All these would form important data points for the Fed to decide on the next interest rate adjustment. Conference Board (CB) Consumer Confidence measures the level of consumer confidence in economic activity. It

US Debt Limit - on to Part 2 - Vote & Approve. Looks like US Congress (Senate & House of Representatives) is going ahead with Memorial Day celebration on Mon (29 May) afterall. With the “deal” finally hammered out, it’s now left to be voted by the Senate (Democrat majority) on Wed (31 May), eve of original x-date (01 Jun) put forth by Treasury Secretary, Ms Janet Yellen. There is still a “slim” chance that it might not get “approved” at first reading. I wonder, which (if any) Senator will be sufficiently “bold & stupid” to put his/her head on the chopping board by voting against the deal during such tight rope times. Strangely enough, market was “quietly confident” that the standoff between Mr McCarthy & Mr Biden could be resolved as seen by the US market rallying to a “he

In today's edition, we will track the fundamental readings of long-term bullish companies in strong (TigerTrade Top 1 Gainer) concepts each week and look forward to your attention and discussion.Disclaimer: Capital at risk. This is not direct financial advice or a recommendation to acquire or dispose of any investment, but for communication only.It was a turbulent week in markets as the debt ceiling deadline loomed, but U.S. tech stocks and foreign markets helped keep the major indices inching higher.The best-performing industries are semiconductors, semiconductors equipment, electronic components and so on. The last post analysis $Navitas Semiconductor Corp(NVTS)$ about “$NVT