To The Moon

As of the close on Friday,$S&P/ASX 200(XJO.AU)$ closed at 7,489.10 points, down 1.64% in the past 5 days.data as of past 5 trading days1. $WHITEHAVEN COAL LTD(WHC.AU)$ +5.22%Whitehaven Coal is a major producer focused on coal exploration and production in New South Wales' Gunnedah Basin.The immediate reason for the rise in WHC's stock is the overnight increase in the price of coal.In addition to the short-term gain, Whitehaven Coal has high Return on Equity (ROE), notably higher than the industry average.ROE is around 18%, indicating that the company is efficiently utilizing shareholders' equity to generate profits. 2.

After sweet November and December, US stock market started off poorly in the first trading week of 2024, causing unease among investors.$S&P 500(.SPX)$ and major tech stocks have been falling for 5 consecutive trading days.We may see the pullback continues as today's employment report came in stronger than expected.Some hope for a turnaround in the market, as they believe that the performance in the first month of the year sets the tone for the rest of the year's market conditions.Fidelity analyst, however, states that after bad January, the stock market has a long term propensity to rise.Do you believe in January Effect?Will market turn around in January?How's your portfolio going in the first trading week?Leave your comments and also post to

The dismal start to the year continued, with Apple falling for three straight days. Mobileye warned customers that orders would fall below year-ago levels, sending its shares tumbling nearly 25%.In terms of data, the U.S. ADP employment in December last year was 164,000, a new high since August 2023, while wage growth slowed again at the same time, and the number of Americans applying for unemployment benefits last week fell more than expected to 202,000, at a 2023 low.Traders have been less enthusiastic about betting on a March rate cut after minutes of the Fed's December meeting, released on Wednesday, indicated that the benchmark rate was likely to remain at restrictive levels "for some time". Traders will next focus on Friday's U.S. nonfarm payrolls report and European inflation data t