To The Moon

June 13 (Reuters) - Tesla shareholders approved CEO Elon Musk's $56 billion pay package, the electric vehicle-maker said on Thursday, a big thumbs-up to his leadership and an enticement for keeping hi

Over the past year and a half, $S&P 500(.SPX)$ has risen nearly 50% from its low at the end of 2022. However, the stock market cannot keep rising indefinitely; a pullback will occur sooner or later. If you buy at historical highs and the market subsequently falls, your portfolio could suffer significant losses.Although buying at high points seems risky, if you can hold firmly for the long term, this risk can be mitigated.It depends on what type of investor you are. If you hold a stock or an index for the long term, it should be fine. For example, $NVIDIA Corp(NVDA)$ previously rose to a high of $950, then pulled back to $760, consolidated for two months, and then broke through to $1,000.Is buying at h

* Wall Street hits record high on Fed decision day; China CPI misses expectations, up 0.3% year-over-year 🇺🇸 S&P 500: 0.85% 📈 🇺🇸 Nasdaq: 1.53% 📈 🇪🇺 Stoxx 600: 1.09% 📈 🇯🇵 Nikkei 225 Index: -0.66% 📉 🇭🇰 Hang Seng Index: -1.10% 📉 🇨🇳 CSI 300 Index: 0.05% 📈 * U.S. stocks rose to new highs, with the S&P 500 and Nasdaq Composite up 0.9% and 1.5% respectively, after inflation data showed continued slowdown and the Fed kept its interest rates unchanged, but the latest economic forecasts showed There will be only 25 basis points of interest rate cuts this year. * U.S. consumer inflation slowed to 3.3% annualized in May 2024 (forecast: 3.4%) as prices fell in most categories despite rising energy costs, while core inflation also slowed to 3.4% annualized %, reaching the lowest level since Apri