To The Moon

Exxon Mobil (XOM) Looking to End 5 Waves Elliott Wave Impulse April 20, 2023 By EWFHendra Exxon Mobil (XOM) cycle from 3.20.2023 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 3.20.2023 low, wave (1) ended at 107.35 and pullback in wave 2 ended at 100.68 as the 1 hour chart below shows. Up from there, wave 1 ended at 110.17 and wave 2 ended at 109.05. Wave 3 ended at 114.64, wave 4 ended at 112.20. Final wave 5 ended at 116.85 which completed wave (3) in higher degree. Wave (4) pullback took the form of a zigzag Elliott Wave structure. Down from wave (3), wave A ended at 114.17, and wave B ended at 117.18. Wave C lower ended at 113.6 which completed wave (4). Wave (5) is in progress as a 5 waves diagonal structure. Up from wave (4), wave 1 ended at 116.59 and pullb

Regarding the sharp adjustment of Baijiu (China’s distilled liquor), institution pointed out that the recent correction in the Baijiu sector was mainly due to the statements from the Sugar and Wine Fair, fund preferences, and the release of macro data for March. 1) Gefund pointed out to focus on moderate recovery of consumer spending and the long-term performance of the Baijiu sector.From a valuation perspective, the current valuation of the Baijiu sector has fallen to below the five-year median. From a fundamental perspective, various factors are unlikely to deteriorate further on a month-on-month basis in the future. 2) China Merchants Securities Baijiu Fund stated that from a longer-term perspective, under the trend of consumption upgrading, Baijiu sector still has good value.Since mid-

Hello, tigers!Today, I will bring you a new knowledge learning module: Financial Terminology 100!In investing, the masters often emphasize the importance of learning financial knowledge. As Warren Buffett once said, "The best investment asset is your own wisdom."Learning financial terminology is like building your own treasure trove of financial vocabulary, allowing you to navigate the investment stage with ease, discern market trends, and seize investment opportunities.In Financial Terminology 100, I will compile the top 100 most frequent and important financial terms in the market for you to learn. These 100 financial terms will be divided into 5 sessions, with 20 terms presented in each session.Currently, in the first session of Financial Terminology, we have:Some of you may think that

$First Republic Bank(FRC)$ plummeted to an all-time low in Tuesday’s trading session. The price per share hit an all-time low of $8.10 as the markets closed.It was driven by the latest earnings. Although the bank’s EPS in the first quarter topped analysts’ estimates, its deposit flight was worse than what analysts had estimated, plunging 41% to $104.5 billion, missing the estimates of $145 billion.Everyone is preparing for an imminent bankruptcy?The White House is expressing concerns about whether it has the capacity to find a solution for First Republic Bank's insolvency.The rescue plan for First Republic Bank did not succeed. The bank suspended its dividend and its shares continued to slump, raising speculation about the bank's future as a s

The Bank of Japan has a new governor, Kazuo Ueda, and two weeks ago he held his first press conference. The result was a rising stock market and a falling yen. Ueda promised to be cautious about policy adjustments. That policy consists of a price ceiling on 10-year interest rates. The Bank of Japan buys up all bonds above that price ceiling. Normally then the market does the work for the central bank and interest rates do not rise above that price ceiling. But since the Bank of Japan raised that price ceiling from 0.25 percent to 0.50 percent in late December, there has been plenty of speculation since then that the Yield Curve Control policy is finite. For now, the surprise that interest rates will remain low for a little longer was good news for the stock market, less good for the yen. T

I have bad news and good news about the recent pullback in the market.The bad news is that big orders have been put in and institutions have really started shorting.The good news is to put the spread bearish, but the downside is limited.Institutional short strategies have generally been less aggressive this year than last, with the exception of banks. In the strategy design belongs to the relaxed state, the price drop is the best, if the price does not fall, there is no loss. So while there's very little upside right now, there's not a lot of downside, especially in the heavily weighted tech stocks.Personally, I think we can give up small-cap stocks to some extent this year. Comparing $C3.ai, Inc.(AI)$ to $Micr