To The Moon

Rally Ended! US stock market’s post-election euphoria came to a screeching halt last week, after its last ‘high’ on Mon, 11 Nov 2024. Thereafter it was downhill all the way. (see below) For the week: (see above) Dow Jones Industrial Average fell by -1.39% (-612.66 to 43,444.99). The S&P 500 fell more by -2.3% (-138.24 to 5,870.62). The tech-heavy Nasdaq Composite sank by -3.49% (-657.22 to 18,680.12) Two firm inflation readings (CPI & PPI - click to read) and commentary from Fed Chair Jerome Powell weighed on markets last week. Mainly it is the growing uncertainty over the Fed's last interest cut for 2024, outweighing investor excitement over Trump's potential policy agenda. Just look at the CME FedWatch tool’

In total, I have covered $Destiny Tech100 Inc(DXYZ)$ over 2 posts: (see below) 13 Nov 2024 - DXYZ outperforms TSLA, Worth The Hype ? 01 Sep 2024 - SpaceX - Investment New Frontier ! Invest now ? The first post traces the origin of the closed end funds, with a bit of gossips thrown in. The later post highlighted the sudden stock price surged, post US presidential election. where its performance was even ‘better’ than $Tesla Motors(TSLA)$. Now, I finally know why the sudden price surge. (see below) Even if the above is a hearsay, isn’t there a Wall Street ‘ adage’

In total, I have covered $Destiny Tech100 Inc(DXYZ)$ over 2 posts: (see below) 13 Nov 2024 - DXYZ outperforms TSLA, Worth The Hype ? 01 Sep 2024 - SpaceX - Investment New Frontier ! Invest now ? The first post traces the origin of the closed end funds, with a bit of gossips thrown in. The later post highlighted the sudden stock price surged, post US presidential election. where its performance was even ‘better’ than $Tesla Motors(TSLA)$. Now, I finally know why the sudden price surge. (see below) Even if the above is a hearsay, isn’t there a Wall Street ‘ adage’