To The Moon

Key pointsAfter 13 consecutive sessions, the Tesla share price has finally broken its record streakS

The AI boom in the U.S. stock market technology sector has boosted the $NASDAQ(.IXIC)$ and $S&P 500(.SPX)$ this year.To put things into perspective: 10 stocks have contributed 90% of $S&P 500(.SPX)$ 's 13.0% gain this year, the most concentrated market ever, Bernstein says. The stocks are $Apple(AAPL)$ (up 41.45%), $Microsoft(MSFT)$ (+38.37%), $NVIDIA Corp(NVDA)$ (+170.17%), $Alphabet(GOOG)$ (+40.14%), $Amazon.com(AMZN)$ (+50.68%),

The consumer-price index for May is out; here are the key numbers:Prices edged up 0.1% from a month earlier, compared with the 0.4% increase in April.Prices rose 4% from a year earlier, compared with the 4.9% increase in April.Core CPI rose 0.4% from a month ago and 5.3% from a year ago. Economists expected increases of 0.4% and 5.5%, respectively.The report comes ahead of the Federal Reserve's rate decision, set to be announced tomorrow. The central bank has been aggressively raising rates to bring inflation down to its 2% target.Investors like the CPI data this morning.Stock futures are rallying after the latest read, building on the market's recent gains. The tech-heavy Nasdaq, which has been racing past its peers, outperformed in recent trading.The yield on the 10-year Treasury note dr

$XPeng Inc.(XPEV)$ Another prediction for this week. This time is the analysis for one of the EV companies. This bearish prediction is more towards short erm. Let's look at its chart (kindly refer to attachment), specially for the last two candles as highlighted by the orange arrow. We can notice an obvious shooting star candlestick pattern. It appears two days in a straight, which signify a potential trend reversal. How to identify a shooting star? # Made up of a candle with small lower body # Came with a long upper wick that is at least two times the size of the lower body. # Appear in an uptrend Below are the key takeaways: - Shooting star occurs after an advance and indicates the price could st

The AI boom in the U.S. stock market technology sector has boosted the $NASDAQ(.IXIC)$ and $S&P 500(.SPX)$ this year.To put things into perspective: 10 stocks have contributed 90% of $S&P 500(.SPX)$ 's 13.0% gain this year, the most concentrated market ever, Bernstein says. The stocks are $Apple(AAPL)$ (up 41.45%), $Microsoft(MSFT)$ (+38.37%), $NVIDIA Corp(NVDA)$ (+170.17%), $Alphabet(GOOG)$ (+40.14%), $Amazon.com(AMZN)$ (+50.68%),