To The Moon

Is it right to say that it was a relief that US market charged higher ytd (29 Dec) - 2nd last trading day of 2022 ? Technology stocks rebounded as investors attempted to salvage the last two trading days of a brutal year for markets. Nasdaq - Tue (27 Dec) index vs Thu (29 Dec) Honestly, ytd's rebound only served to recoup the "loss" encountered on Wed (28 Dec). If you refer to $NASDAQ(.IXIC)$ past 5 days performances, you would've realized that Thu's closing was where Nasdaq was on Tue (27 Dec). Not complaining. Better than a falling Nasdaq anytime ! Whahahah. By the time market closed : mkt perf 29 Dec / pre-mkt indicators 30 Dec DJIA : +1.05% (+345.09 to 33,220.80) - kudos to Apple & Disney's pull effect. S&P 500 : +1.75 (+66.06 to 3,849.28) Nasdaq : +2.59% (+264.80 to 10,478.09). 3 Indexes - Moving Average (NA) on 29 Dec 2022 Although DJIA 5-day & 200-day MA are in "green"; its 20-day MA is still below ytd's closing clearly indicating that bountiful uncertainty lies ahead for DJIA. As for S&&P 500 and Nasdaq's MA - weak overall. No foreseeable break through in the near future. Quick look at AAPL : AAPL past 5 days' performances $Apple(AAPL)$ { DJIA's component stock} bucked the Wed downwards trend on Thu morning, setting off small-scale buying signals. AAPL shares were trading 3.4% higher earlier in the day, before settling at +2.83% by endday. Disney was the other "Hero" stock yesterday. $DIS past 5 days performances $Walt Disney(DIS)$ {the other component stock of DJIA} rallied +4.5% ytd morning, leading all other Dow index performers and helped to pull DJIA up momentarily. It helps that Avatar II - The Way of Water (the movie) has surpassed the $1 Billion dollar mark, in worldwide box office receipts. With easily another 2 more weeks of run in the cinema, Avatar II looks set to surpass both MCU movies - Doctor Strange in the Multiverse of Madness & Black Panther: Wakanda Forever; to become Disney top-performing film of 2022. Other Catalysts : Weekly unemployment figures coming in at 225,000 (+9000 more claims) than last week's 216,000 was the other catalyst. Actuals exceeded Econoday's estimates of 222,000. Wall Street took the data and ran with it. Tesla's timely internal memo "leak" where CEO instructed workers to ignore $Tesla Motors(TSLA)$ and focus on the last delivery bout for 2022; was supposedly part of the rally's components ?? Will Wall Street close the Market with a BIG Bang ? Looking at US Pre-market indicators (refer to above diagram) - Red ! Bitcoin & Ethereum prices (refer to above diagram) - Red & Green ! Asia markets (ASX - Green !, Nikkei - Green !, KOPSI - Red !, HSI -Green !) EU markets -(DAX - Red !, FTSE - Red !, CAC - Red !). Do you think Apple, Disney and Tesla will continue its upwards trend today ? Do you think all 3 Indexes will end 2022 higher than ytd's tradings ? Please "Like" this post ok. Thanks. The rating is important to me !! Matching song ? The Final Countdown by Swedish Rock band - Europe. Dunno ? YouTube it. Smashing song to end 2022 ! @Daily_Discussion @TigerStars @CaptainTiger @MillionaireTiger @Tiger_SG @TigerPM