To The Moon

Last Week's RecapThe US Market - The stock market rally in a volatile weekThe S&P 500 and the Nasdaq ended higher in volatile trade with 0.82% and 2.26% up, each. However, the Dow logged a second-straight week of losses. The 10-year Treasury yield pulled back after hitting a 15-year high.Some investors expressed optimism that the Fed is nearing the end of its rate-hiking cycle. They cheered comments from Jerome Powell, that point to stronger-than-expected economic growth.Jerome Powell, in his annual Jackson Hole policy speech, said policymakers may need to hike again due to the U.S. economy's surprising strength. Then he stressed that the Fed will "proceed carefully" with any hikes. However, he reiterated the central bank’s commitment to pull inflation back down to its 2% goal.The US S

If you find my post helpful, I’ll be grateful and appreciate it if you could leave me a like on this post, and follow me for future posts like this. $Palantir Technologies Inc.(PLTR)$ Price played out exactly as analyzed, rallied to mitigate the bearish OB, and reacted strongly to the downside. No change to my expectations, I'm expecting price to continue lower, taking out the equal lows at 13.56. $Advanced Micro Devices(AMD)$ Price played out exactly as analyzed last week too. Right now, price is trapped between the bullish and bearish OBs. For price to continue either direction, we should wait for the OB to get invalidated before we look for a confirmation on the direction it's going. I'll stay out of th

During this market pullback, I find myself embracing an optimistic outlook for the future trajectory of the US stock market. Staying optimistic during hard times Two key factors contribute to my positive perspective: Technological Advancements The pace of technological innovation continues to accelerate, reshaping industries and creating new avenues of growth. From artificial intelligence to renewable energy, breakthroughs drive companies forward and offer compelling investment opportunities. Economic Growth Potential The US economy has demonstrated remarkable resilience over the years. With a dynamic and diverse ecosystem, the potential for sustained economic growth remains robust. Entrepreneurial spirit and adaptability drive progress even in the face of challenges. While the road ahead