To The Moon

🌟🌟🌟After 1 week of Israel Hamas war, at least 3500 people died and 400,000 people lost their homes. The grim news has affected the US markets on Friday with the markets closing down. With such dire news, it is not surprising that Meme stocks were negatively impacted. $Palantir Technologies Inc.(PLTR)$ was down 3% on Friday despite trading upwards earlier in the week. However it is still up a strong 171% year todate. The latest news that Palantir was awarded a USD 250 million contract from the US Department of Defense boosted Palantir's share price. Palantir is also favoured to win the USD 595 million NHS contract in the United Kingdom. This is the biggest ever NHS England IT Cont

🌟🌟🌟Warren Buffett has said "Never Bet Against America". He said that despite some severe interruptions, America's economic progress has been breathtaking. $SPDR Portfolio S&P 1500 Composite Stock Market ETF(SPTM)$ and $Vanguard Total Stock Market ETF(VTI)$ are 2 ETFs that bet on the future of America. Both are low cost ETFs with a low expense ratio of 0.03%. SPTM tracks the S&P1500 Composite Index which represents 90% of the US Equity market. It includes stocks in the S&P500 Index, S&P Mid Cap 400 Index and the S&P600 Small Cap Index. To be included in the index the stocks should have positive earnings over the 4 most recent quarters. T

Trade surplus and trade deficit are two commonly used concepts in international trade, used to describe the economic performance of a country or region in international trade.A trade surplus refers to a situation where the value of a country or region's exports of goods and services exceeds the value of its imports of goods and services, resulting in a net export surplus over net imports in international trade.Therefore, a trade surplus is often seen as a sign of a robust economy and strong competitiveness because it indicates that the country or region can produce and export more goods and services, resulting in foreign exchange earnings and increased job opportunities.Here's an example to illustrate the concept of a trade surplus:Let's assume that Country A's total exports in a given yea

The US economy added 336,000 NonFarm Payroll (NFP) jobs in September 2023, surpassing expectations of 117,000. It is the “biggest” increase since January 2023 readings (see below). It means US economy is: Recovering strongly from the pandemic-induced recession. And the labor market is still relatively tight. The robust job report signals that the Fed will likely to hike its target rate further in order to “decelerate” [a] hiring and [b] overall economy, and tame inflation. Unemployment rate remained flat at 3.8%, unchanged from August. It is at a level not seen since February 2022. Wages, a closely watched supplementary indicator of how much leverage workers have, rose less than expected last month, rising 0.2% on a monthly basis and 4.2% YoY. With the latest NFP data, does it mean in

Of late, the internet has been flooded with posts by “veterans” dishing out negative news about the US —economy and stock market are on the verge of collapse (see below). When you come across such posts, how do you make sense of them? Personally, it depends who is dishing out such news? For instance, Mr Marko Kolanovic from JP Morgan is high profile when it comes to the US market. How could he not be, coming from $JPMorgan Chase(JPM)$, US #1 international bank. Sometimes he makes sense but many a times, he,…. (fill in the blanks yourself ok).. LOL! Then you have Mr Robert Kiyosaki, accidental writer of best seller “Rich Dad, Poor Dad”. Listen to him is akin to listening to Ms Cathie Woods. Why would anyone listen to him when: He professed that his