To The Moon

U.S. stocks continue to hit new highs, and the gains of small-cap stocks, especially those tech growth stocks that went public in 2020 and 2021, are hard to ignore. Check out this week's new high stocks!1. $Palantir Technologies Inc.(PLTR)$ hits an all-time-high of $62.08, with a YTD gain of $250.83%.Last week, Palantir surged 20% on a day after reporting strong third-quarter results, driven by a significant increase in AI-driven demand.EPS: 10 cents adjusted vs. 9 cents expected (+11.11%)Revenue: $726 million vs. $701 million expected (+3.57%)Palantir also raised its full-year revenue forecast, signaling robust future growth. Despite challenges in Europe and the Middle East, the company is targeting a 26% revenue increase for 2024.Additionally, t

Yesterday, against the backdrop of a new market high following Trump's election victory, several companies surged more than 20% in a single day after their earnings reports! Let's take a look at the outstanding performance of these growth stocks.1. $Lyft, Inc.(LYFT)$ jumps 22.85% yesterday, a year-to-date gain of 18.01%. The company’s turnaround plan pushed it to an all-time high.Adjusted EPS: $0.29 vs. $0.20 forecast (a 45% beat)Revenue: $1.5 billion, beating estimate of $1.4 billion. (a 7.14% beat)The ridesharing company posted a record 217 million rides, up 16% from the year-ago period and ahead of the 213 million rides expected. 2. $Under Armour Class A(UAA)$ jumped 27.2% yesterday, achieving a ye

After Trump’s election victory yesterday, US stocks $.SPX(.SPX)$ hit all-time highs across the board. Plus, there are some standout stars from this earnings season that shouldn’t be overlooked. Check out this week’s 'New Highs' column!1. $Morgan Stanley(MS)$ closed at $131.49 with a year-to-date increase of 41.01%. During his campaign, Trump expressed an intention to reduce corporate tax rates from 21% to 15%, which would be positive news for the banking industry. With lower tax rates, bank profits would naturally rise, boosting investor confidence. Trump has also advocated for reducing regulatory burdens, allowing the banking industry to operate in a more relaxed environment. 2.

This week we had a busy earnings report week! Which stocks that beat expectations and rose have been missed? These stocks reached all-time highs or 52-week highs after their earnings reports.1. $Royal Caribbean Cruises(RCL)$ reached a record high of $214 due to strong third-quarter results and a positive outlook.EPS: $5.20, beating the analyst consensus of $5.04.Revenue: $4.89 billion, in line with estimates.EPS Guidance: Raised to $11.57-$11.62, in line with the $11.58 consensus.The cruise operator reported strong booking trends and load factors of 111% in Q3, reflecting high demand. Net yields rose 7.9% year-over-year in constant currency, supported by higher pricing and strong onboard spending.2. $Booking H

$Coinbase Global, Inc.(COIN)$ announced its Q3 earnings yesterday, and the results fell short of expectations. As a result, the stock dropped 4.84% after hours.Coinbase’s revenue and profit were both below what analysts had anticipated. This disappointing report contrasts sharply with the recent surge in Bitcoin's price.In 2023, Bitcoin's price has soared by 70%, while Coinbase’s stock has only risen by 22%. So, why is Coinbase lagging behind Bitcoin?Performance ComparisonIf we compare their trends, both Coinbase and Bitcoin show similar patterns. However, Bitcoin is nearing its all-time high, while Coinbase is still far from its peak.Looking back over the last two years, Coinbase plummeted 86% in 2022, compared to Bitcoin’s 64% drop. In 2023, Coi

If stock market performance aligns with historical trends, the last two months of the year could deliver significant returns. Since 1928, the $.SPX(.SPX)$ has averaged a 5.2% return from October 27 to December 31. In election years, this average rises to 6.3%. With the upcoming U.S. elections raising concerns on Wall Street, the $Cboe Volatility Index(VIX)$ index has surged.With only 44 trading days left in 2024, the market is entering a critical sprint. Goldman Sachs' Scott Rubner believes that the S&P 500 will soar beyond 6,000 points by year-end. He asserts that we are entering one of the best fourth-quarter trading periods in nearly a century.Optimism Amidst UncertaintyIn a report released on Octob

$Caterpillar(CAT)$ hit an all-time high in late September, fueled by three main catalysts.The company is set to report earnings on October 30.Solid Earnings Despite Declining SalesDespite lower sales, Caterpillar’s Q2 earnings received positive feedback. A slowdown in trading volume was expected after an April warning about declining sales, so the dip didn’t come as a surprise. Caterpillar, like the broader industry, faces a tough environment.Yet, overall, earnings indicate that Caterpillar is holding its ground. This is a well-managed company with solid profitability metrics and strong margins.Steady Revenue Signals StabilityNext week’s earnings report isn’t likely to disrupt this positive outlook. While the results may cause short-term fluctuatio

The last time U.S. Treasuries faced such a sharp sell-off following a Fed rate cut, Alan Greenspan was engineering a rare soft landing. Since the Fed’s first rate cut on September 18, 2020, the two-year Treasury yield has surged by 34 basis points. In 1995, under Greenspan, the Fed successfully cooled the economy without a recession, with yields also rising sharply. In earlier cycles before 1989, the two-year yield typically dropped 15 basis points a month after the first cut. Strong Economy Limits Fed's Aggressive CutsDeutsche Bank’s Steven Zeng remarked that rising yields indicate reduced recession risk, “The data is strong, and the Fed might slow the rate cut pace.” This yield rise shows the resilience of the U.S. economy, which is limiting Fed Chair Powell’s options for aggressive easi

$Alphabet(GOOG)$ $Alphabet(GOOGL)$ is set to report its Q3 earnings on October 29 after the market closes. Analysts expect revenues of around $86.2 billion and operating profit of $27.4 billion, marking year-over-year growth of 12% and 14%, respectively. These estimates seem reasonable given the broader positive advertising trends, positioning Google to meet expectations.Investor concerns about Google losing its search monopoly seem largely exaggerated. In Q3, Google actually gained market share in search, while ChatGPT’s traffic was a mere fraction—less than 5%—of Google Search’s. On valuation, Google’s stock looks cheap, trading at around 17 times its expected EV/EBIT for 2025.Google's stock has underp

$.SPX(.SPX)$ continues to reach new heights. With the U.S. presidential election coming up on November 5, historically, election years tend to be favorable for the stock market. Since 1960, the S&P 500 has generally risen in election years, with only the exceptions being 2000 and 2008 due to the tech bubble burst and the financial crisis, respectively.Despite polls showing a neck-and-neck race, investor uncertainty hasn't dampened enthusiasm. This year, the S&P 500 has seen modest gains, with 47 new highs recorded in 2024. Following the election, the market might receive another boost, just like in past instances.Understanding Market TrendsMelt-up signifies a situation where various factors converge, pushing the market to unsustainable hig