To The Moon

1. China’s foreign exchange and gold reserves climbed higher in November. The People’s Bank of China (PBoC) reported the country’s foreign exchange reserves increased $70.6 billion in November to reach $3.17 trillion. The figure was slightly higher than the $3.14 trillion expected by the market, which points to resilience in the nation’s ability to generate a positive balance of payments despite the economic headwinds and slowing exports. However, slowing imports are also warning of weak domestic consumption, which needs to be addressed with stimulus. Meanwhile, China continues to accumulate gold, with central bank purchases up another 380k ounces in November. The country’s official gold reserves amounted to 71.58 million ounces last month, another record high.

The market selloff that started in the summer is accelerating, opening up a buy-the-dip opportunity for these oversold stocks.

U.S. Treasury yields continued their jump, causing tech stocks’ second straight week of losses. The best-performing concepts are marine ports, general merchandise and oil & gas refining.Considering the different perceptions of the stock, this time TigerPicks choose $Par Pacific(PARR)$ to have a fundamental highlight to help users understand it better.$Par Pacific(PARR)$ Par Pacific Holdings, Inc. is operating in the oil and gas refining and marketing industry where it has seen substantial growth over the last 12 months. The share price has increased by 93% and this is still not putting PARR at an overvalued place, I think. With strong oil price outlooks, the future seems very positive for the com

If you look at Tue, 08 Aug trading (see above), you will find that all 3 indexes came off morning lows at closing time. However, that was not the case for Wed, 09 Aug trading. This this time the indexes faded significantly into the close, losing ground. Indexes’ Losses: (1) Dow Jones Industrial Average: -0.54% (-191.13 to 35,125.36) It is trading just above its 21-day-exponential moving average (ema). It sits comfortably above its 50-day. Advancing issues outnumbered declining ones by a “1.04 to 1” ratio. (2) S&P 500: -0.70% (-31.67 to 4,467.71). The index is getting close to its 50-day & 10-week lines but has not touched them yet. The 21-day line is still acting as resistance. S&P 500’s Wed decline was mainly due to chip stocks dragging tech lower. Of the S&P 500 comp

As for how much the Chinese concept stocks can rebound in the near future, in fact, the rebound space may not be too much when I finish writing the article (lol).The earliest possible rally order can be traced back to the call spread on May 31:buy $KWEB 20230721 26.0 CALL$sell $KWEB 20230721 30.0 CALL$Bullish to above 26, below 30.Some people may ask, hey, didn't you say that some people were bearish until September?I checked, and it looks like the guy closed his position, and I don't know if it's down more than expected, but I think so.However, according to the latest order, the recent increase may exceed 31buy

Working in space, working in my environment. Yesterday, I wrote about the first impression I had of the Apple Vision Pro, a more emotional impression than going into details. Today I want to focus on the second one, mainly focused on the details of the Vision Pro, and what they mean. It was the MacIntosh that ushered us into the personal computer era, developing a new way of interacting with it. Changed the cursor and direction arrows to the mouse and the position arrow on the screen. The green letters disappeared and instead we organized our desktop with folders and apps as if it were our office, which changed the way of working with computers to the point that all manufacturers copied and followed it. With the iPhone, it put computers and the activity we carried out with them i

From the domestic macro point of view, it is still unsatisfactory at present, but the price decline has already priced in some negative factors in stages. Considering that the overall decline of other industrial metals has been very considerable, and many of them have fallen near the cost or reduced production, so the weak recovery may start to price towards the end of recovery, and the price will rebound.1. Review of COMEX copper market last weekCOMEX copper price fluctuated and rebounded last week, and the operating center of gravity moved up. The resolution of the debt ceiling problem has given the market some room to risk on, and risky assets have generally rebounded. The weaker economic data in Europe was priced in the previous price decline, while the economic data in the United Stat