To The Moon

$S&P 500(.SPX)$ MELDOWN! I will stand by this statement, "We are in a bull market and we are currently seeing a short term correction. Fear is a buy" • RSI falling under 50 and Bears keeping the bear gap open for over the week, both cues worked out perfectly to judge the weekly break down on SPX • Looking at the RSI we are definitely at an over sold level, but it is not a cue to buy the dip for short term trading. • Long term strategy remains on elevated $Cboe Volatility Index(VIX)$ (CSPs) • MACD and RSI currently are in full control of the bears.• This market leaders are Semis, and when the leaders are selling the sentiment in the market cannot stay opposite. • I understand everyone is looking for tha

So far in 2024, the Dow Jones Industrial Average is flat year to date. Small-caps are actually still down for the year. Bonds have been getting killed as rates rip higher. Leaders in 2024 are $WTI Crude Oil - main 2405(CLmain)$ , $Gold - main 2406(GCmain)$ , $Silver - main 2405(SImain)$ and $Copper - main 2405(HGmain)$ , who keep dominating returns.ImageRashad Hajiyev expect gold to silver ratio to rally towards 89 level over the coming days and weeks where silver should bottom around $26 mark and start epic rally towards his $37 target...Image

$SPX Breadth check... still good... For the past 103 days, we have seen the $S&P 500(.SPX)$ with more new highs than new lows. This is the 5th longest stretch in the past 2 decades.@granthawkridge

Consumers can't get rid of their $Apple(AAPL)$ Vision Pro headsets fast enough... at least, that's what a recent wave of headlines would have you believe.The Vision Pro is a new virtual-reality device from Apple (AAPL). It packs immersive sound and video into a $3,500 headset. And it lets users access their apps and programs in a three-dimensional space.Tech media outlets are now declaring the Vision Pro dead on arrival. But the articles all have a suspiciously similar theme. Take these two recent headlines...From Gizmodo: "Tech Bros Are Returning Their Vision Pros and Keeping Receipts"From Business Insider: "Apple Users Are Rushing to Return Vision Pro"This narrative popped up across various publications and social media outlets this month. But t

Stocks finished the day lower but managed to hold onto support, and it seems to suggest that tomorrow we are likely to see some kind of move. Which direction is tough to say, especially with the PCE report coming in the morning. Estimates are for PCE to rise by 0.3%, up from 0.2% last month, and rise by 2.4% y/y, down from 2.6% last month. The core PCE is expected to rise by 0.4% m/m, up from 0.2% and by 2.8% y/y, down from 2.9%.Again, I have no real view here because sell-side analysts have already gone through and parsed all of the data from the CPI and PPI and factored that into their estimates. But it would seem like analysts’ estimates for core PCE and PCE y/y have been pretty much in line with expectations for the past couple of months, or slightly too high.Regardless of the PCE repo

Trump Loves TruthWhile Trump cheered Musk's takeover by saying he is "very happy that Twitter is now in sane hands," he also underlined his dedication to his own platform, saying "I LOVE TRUTH!"He also appeared on the platform as an interview guest of conservative commentator Tucker Carlson. The interview ran opposite the Republican primary debate, and currently has been viewed around 265 million times.Nevertheless, Trump has consistently committed himself to his own site, which is important to the future of his own product given he is a massive social media draw.With Trump running for president once again, and currently the clear GOP frontrunner, it could give his platform a boost in traffic and sign-ups. $Digital World Acquisition Corp(DWAC)$ St

The bull train has left the station. Institutions are buying stocks again. That means, preparing for more upside. Here’s the best sector set to explode in 2024, states Lucas Downey, Co-Founder of Mapsignals.com.Look, oversold conditions rarely last forever. Eventually, they ignite a ferocious rally. The +6.07% lift in the S&P 500 since October 27th is a case in point. The bigger the dip, the bigger the rip. While pundits squabble over the market’s next-day move, they’re missing the big picture. Money is pouring back into equities. As I’ll show you, we’re well into a risk-on tape. Most stocks are lifting. History points to one elite area of the market primed for the most upside.Goodbye Oversold ConditionsThere’s a power law in the stock market: supply and demand. When demand o

$Intel(INTC)$ stock is up over 57% year-to-date. Further, it hit a new 52-week high of $40.84 on November 15.Shares of chip maker Intel are on a tear, rising over 57% year-to-date. Further, INTC stock hit a new 52-week high of $40.84 on November 15 as five-star analyst Vijay Rakesh of Mizuho Securities upgraded the stock to Buy from Hold. While Rakesh has turned bullish, Wall Street analysts’ average price target suggests a pullback in INTC stock.Let’s see why. Analysts See Challenges AheadThe rally in Intel stock is supported by the company’s solid financial performance throughout this year. It’s worth noting that Intel’s third-quarter earnings exceeded analysts’ expectations and raised its outlook, signaling a

$Walt Disney(DIS)$ is in the midst of an interesting investor battle as two hedge funds, Value Act and Trian Fund, have built large stakes in the third quarter.Entertainment giant Walt Disney is in the midst of activist investor drama as another hedge fund, ValueAct Capital, builds a large stake in it.As per multiple reports and as discussed by CNBC anchor David Faber, ValueAct has steadily built up a stake worth roughly $1 billion in Disney in the third quarter. The share buying began in the summer, when the strike between Hollywood Studios and the actors/writers’ guild began. ValueAct continues to buy more shares of Disney as it sees the stock as undervalued.Special commend:

$Uber(UBER)$ hit 52-week high,Below are the main highlights & my valuation views:Positives:• Surpassed EPS expectations.• Strong Year-over-Year growth in Gross Booking Value, with Mobility surging by 31% and Delivery by 18%, marking an acceleration for both sectors.• Robust U.S. consumer spending, favoring service sectors like food delivery and dining.• Company's focus on local services provides defensive strength in economic fluctuations.• Growth in active drivers surpassing trip growth due to good earning opportunities.• Sequential margin improvement.ImageNegatives:• Missed revenue expectations.• Take Rates have peaked and declined.• Management's strategy to maintain low Take Rates to promote platform growth, which may impact future revenue