To The Moon

Following our review of All-time-high stocks in Consumer Discretionary, some SaaS companies are reaching to a new high In Q1. $ServiceNow(NOW)$ rose to a new high of $548.18 on 2nd June; $Salesforce.com(CRM)$ rose to a new high of $225 on 31st May; $Adobe(ADBE)$ rose to a new high of $438.53 on 2nd June; $Veeva(VEEV)$ rose to a new high of $200.44 on 2nd June.Most earnings beat estimates and continued to rise after the earnings. Among them, $Veeva(VEEV)$ released earnings on 31st May and rose 20% on the earnings.Some SaaS companies missed estimates in Q1, but s

There have been some up and down performance movement for the Chinese ADRs stocks. I have placed these following Chinese ADRs in my watchlist. Asia to boost Global Economy in 2H 2023 IMF has an article which outlined the Asia region will contribute about 70 percent of global growth this year—a much greater share than in recent years. https://www.imf.org/en/Blogs/Articles/2023/05/01/asia-poised-to-drive-global-economic-growth-boosted-by-chinas-reopening I will look at China in particular as they are already 6 months into their reopening, many of the huge infrastructure projects have been onto timeline. I would expect many of these major projects to be delivered in 2H of 2023. This would bring about a lot of economic activities from China. Hence, it would be good to look at Chinese ADRs whic

Thanks to Tiger for awarding the weekly top predictions for SPY again. Are we ready for more amazing trades next week? Come join me! 😎 The CBOE Volatility Index — also known as Wall Street’s “fear gauge” as it approximates expectations for how much the S&P 500 will rise and fall in coming weeks — closed Friday at 14.60, its lowest since Feb. 19, 2020, shortly before the Covid pandemic closed the economy. Greed is good? 🤔 On the other hand, The SPDR S&P 500 ETF Trust (NYSE:SPY) experienced an outstanding $18.1 billion in net inflows last month, the greatest flow performance since December 2021, when the fund received $25.6 billion, according to Koyfin data. Green with envy 🤑 The ETF is the world's biggest with approximately $400 billion in assets under management. The infl