To The Moon

As the clock ticks down on the upcoming FOMC review, the market is increasingly pricing in an eventual end to the prevailing monetary tightening cycle to rein in record inflation not seen in decades, although some investors may be bracing for another surprise hike as escalating geopolitical conflicts have led to soaring crude oil prices, that are threatening to derail the otherwise inflation cooling trend. With expectations of higher-for-longer interest rates and prevailing rout in the bond market that has sent yields to breaking heights recently, high borrowing costs are likely to weigh on high-growth technology stocks. $Sea Ltd(SE)$ and $Grab Holdings(GRAB)$ come close to my heart as they are local household brands that had thrived at the onset of the pandemic when widespread movement restrictions had sent hordes to their e-commerce, on-line gaming and delivery businesses, only to retreat just as rapidly when populations adapt to the new normal. 2 duo has since struggled to stay relevant post-pandemic and ahead of rising competition. With worries that they continue to burn cash for market share expansion at the expense of profitability, I've refrained from throwing good money after bad at them. I find $Pinduoduo Inc.(PDD)$ a better play on e-commerce stock, as I like its focus on fresh agriculture that I believe will be a more resilient business amidst rising risk of a global recession. Unlike Sea whose stock price has been down close to 25% year-to--date, Pinduoduo has been a stellar performer with its share price up over 28% so far this year, that is testimonial of its sound business strategies. With speculations of an eventual approval by the US Securities and Exchange Commission of an inaugural spot-priced bitccoin ETF, I believe that $Coinbase Global, Inc.(COIN)$ will be among the major beneficiaries on the back of renewed frenzies over cryptocurrencies, that also are buoyed by recent flights to safety amidst worsening geopolitical tensions. Meme stock $AMC Entertainment(AMC)$ had plummeted during the pandemic when its theatres were largely vacant, and has yet to recover despite returning patrons and blockbuster releases, as the largest cinema chain in US struggles to stay relevant amidst rising competition from online streaming service providers the like of Netflix, Disney and Amazon, while its massive equity sale and dilution have resulted in significant overhang on its stock price. Hence, I would stay away from AMC until the company is able to regain its footing and demonstrate its business sustainability. @TigerEvents @VideoLounge @CaptainTiger @MillionaireTiger @TigerWire @TigerStars