To The Moon

US MARKET RECAPLast week, all the major index close in green with a deep V-shaped pattern. The blue-chip index, Dow added 0.86%, while the S&P 500 rose 0.87%. The Nasdaq advanced 1.28% as Big Tech earnings took center stage.For April, the Dow gained 2.48% to notch its best monthly stretch since January, while the benchmark index gained 1.46%. The tech-heavy index posted marginal gains.Earnings reports from major tech companies dominated much of last week’s market debate, fueling the narrative that earnings are faring better-than-feared, despite many widespread macroeconomic concerns.So far, a little over half of S&P 500 companies have reported earnings, with more than 79% and about 72% surpassing earnings and sales expectations, respectively. First-quarter earnings are currently on

Foreseeing the Unforeseen in $First Republic Bank(FRC)$ 's Bankruptcy In the wake of successfully forecasting First Republic Bank's bankruptcy, I now turn my attention to other financial institutions that may follow suit. One such institution, $PacWest(PACW)$ , raises concerns as it shows signs of further severe damage. The U.S. government's efforts have been commendable in halting a potential banking sector contagion, but its lack of support for shareholders in this crisis does not bode well for the industry as a whole. Consequently, I remain bearish on PACW stock. Troubling Financials: PACW's Q1 2023 Statement and Losses PacWest Bancorp's financial statement for the first quarter of 2023 raises

Meta Platforms, Inc. ( $META ) stock analysis

The Federal Reserve is convening once again to discuss interest rates over the next two days. Based on my analysis, I predict that there will be a 0.25% increase, marking the final hike for the year. Here's why. The first consideration is the impact that rate hikes have already had on the banking system. Banks have been hit hard by mark-to-market losses on their treasury bill holdings, as rising interest rates have pushed bond prices in the opposite direction. Several banks, including Silvergate Bank, Silicon Valley Bank, Signature Bank, and most recently First Republic Bank, have already suffered significant losses as a result of the recent rate hikes. Clearly something has broke. Given this situation, it seems unlikely that the Fed will adopt an aggressive stance on rate hikes in the nea