To The Moon

Big-Tech’s PerformanceRecent market volatility stems from two main factors:Tightening macro eviroment. inflationary pressures that have reduced expectations and pricing for interest rate cuts;Earnings season where U.S. companies are being scrutinized for their performance. Big tech stocks have also experienced significant volatility this week, Market consensus often swings to the extreme, META, GOOGL, and TSLA are all typical examples of sentiment-driven valuation returns.As of the close on April 25, influenced by the earnings season, the best and worst performers of the past week were, $Tesla Motors(TSLA)$ with a sentiment reversal of +13.51%, followed by $Apple(AAPL)$ , which was unaffected by earnings,

Big-Tech’s PerformanceRisk-off mode on, with big-techs hit first. Strong earnings does not guarantee a strong surge, macro data brings greater pressure to the market, the Fedes maintain hawkish, combined with the Israel-Iran war, the upcoming technology stock earnings season will also not be optimistic. As of the close on April 18, all big-techs experienced a pullback, with the worst performers being $Tesla Motors(TSLA)$ at -14.13%, followed by $NVIDIA Corp(NVDA)$ at -6.56%, $Microsoft(MSFT)$ at -5.53%, $Apple(AAPL)$ at -4.57%, $Amazon.com(AMZN)$ at -5.2%,

Meituan's $MEITUAN-W(03690)$ stock has risen 45.5% since I last covered it on January 18, 2024. I believe it's a good time to revisit Meituan, particularly given its Friday closing price of HKD102.10, which is approaching the resistance level I mentioned at HKD107.91in my previous article. 4Q2023 Earnings Review: Revenue surged 22% year-over-year to RMB 73 billion in the latest quarter, while operating income reached RMB 1.7 billion compared to a loss of RMB 731 million in the corresponding period last year. Both revenue and operating income surpassed street expectations. However, the operating margin dropped to just 2.39% in 4Q2024. Operating margin was substantially higher in previous

4Q2023 Earnings Review: Tencent’s $TENCENT(00700)$ Revenue increased by 7.07%, and Operating Income rose by 41.96% year-over-year in the latest quarter. The Operating Margin stands at 26.28% for FY2023, the highest in the past six years. VAS revenue shrank by 1.9% year-over-year, while Online Advertising and Fintech & Business Services grew by 20.82% and 15.1% year-over-year respectively in the latest quarter. Moving forward, we expect the weakness in VAS (especially weak gaming revenue) to be offset by margin expansion in Online Advertising and Fintech & Business Services. VAS revenue, accounting for 45% of total revenue, continues its lackluster performance mainly due to lower domestic gaming revenue and decreased Social Networks re

Big-Tech’s PerformanceMagnificent 7 hit a new high this week, and the excess returns over $S&P 500(.SPX)$ also hit a new high. Despite this week's CPI exceeding expectations, the market's expectations for rate cuts this year have greatly declined, with only one rate cut expected in September.Whether hedging or convergency, the seven giants with strong cash flows and high tech attributes have also received inflows. According to Bloomberg's consensus, Q1 profits of the M7 are expected to grow by 38%.As of the close on April 11, all big tech companies have risen over the past week. The best performers were $Alphabet(GOOGL)$ $Alphabet(GOOG)$ +5.9%,

Big-Tech’s PerformanceThe curtain falls on Q1 2024, with strong tech stocks leading the S&P 500 and Nasdaq 100 to new highs. Two concepts are leading the way: AI and digital currency, both with certain performance supports and benefiting from a decline in risk premiums.Big tech companies are also showing a bifurcation, with NVDA performing the strongest in Q1, surging 82.6%, and TSLA being the worst performer, pulling back 29.3%.As of the close on March 28th, over the past week, the best performers among big tech companies were $Alphabet(GOOGL)$ $Alphabet(GOOG)$ +2.26%, $Amazon.com(AMZN)$ +1.25%, $Tesla Motors(TSLA)$

Big-Tech’s PerformanceThe FOMC meeting essentially guided the market sentiment this week, cautious market expectations often bring surprises. After the Fed reaffirmed that the interest rate for this round of cycle has reached its peak and confirmed the start of rate cuts this year, tech stocks and growth stocks also reached new highs.As of the close on March 21, among the big tech companies over the past week, the best performer was $NVIDIA Corp(NVDA)$ +1.18%, followed by $Microsoft(MSFT)$ +0.97%, $Meta Platforms, Inc.(META)$ +44%, $Amazon.com(AMZN)$ +0%, while the other three fell, with

Big-Tech’s PerformanceThe trading on Quadruple Witching Day is often particularly intense. This is the day when four financial derivatives of U.S. stocks— "stock index futures, stock index options, individual stock futures, and individual stock options"— all expire at once each quarter. Investors are eager to close their positions on this day, often leading to a sharp increase in market trading volume and greater volatility. Since Nvidia option trades account for 1/4 of the single-ticket option market, Nvidia option trading will be a focal point.Statistics of the trading on Quadruple Witching Day in the past 30 years show that the probability of a rise in the week of March is slightly higher, but the probability of a rise in the following week is the lowest. Although the average return for

Big-Tech’s PerformanceThe market is still focused on large technology stocks. Despite fluctuations, the concept of AI continues to attract funds with different risk preferences. Powell's testimony was not surprising, and after emphasizing the risk of cutting rates too late, the market's risk appetite has rebounded.As the earnings season nears its end, investors' demands for growth stocks have clearly increased. Companies that are able to exceed expectations are further rewarded in the aftermarket.As of the close on February 29th, the best performing large technology companies in the past week were $NVIDIA Corp(NVDA)$ +17%, followed by $Meta Platforms, Inc.(META)$ +4.5%,

Big-Tech’s PerformanceAs the Nasdaq hits new highs, the risk sentiment for tech stocks has risen again. In addition to growth stocks that have seen significant fluctuations due to earnings reports and digital currency, big tech companies are also trading at high levels.As of the close on February 29th, the best performing big tech companies in the past week were $Tesla Motors(TSLA)$ +2.26%, followed by $Amazon.com(AMZN)$ +1.25%, $Meta Platforms, Inc.(META)$ +0.82%, $NVIDIA Corp(NVDA)$ +0.73%, $Microsoft(MSFT)$ +0.48%, $Apple(AAPL)$ -1.9

Big-Tech’s Performance“Long bull short bear” has been consistant for the first two months, Nvidia's outstanding performance push the market risk appetite. It could be the first "Too Big To Fail" tech-stock in this age.As of the close on February 22, the best performing major tech companies in the past week were $NVIDIA Corp(NVDA)$ +6.28%, followed by $Tesla Motors(TSLA)$ +4.61%, $Meta Platforms, Inc.(META)$ +2.72%, $Amazon.com(AMZN)$ +2.11%, $Microsoft(MSFT)$ +0.53%, $Apple(AAPL)$ +0.12%, and $Alph

Big-Tech’s PerformanceChip stocks are the super stars of this week, leading by $Advanced Micro Devices(AMD)$ $NVIDIA Corp(NVDA)$ , with many of the peers reached All time high $KLA-Tencor(KLAC)$ $Applied Materials(AMAT)$ $Lam Research(LRCX)$ Excellent economic data continues to spread optimism throughout the marketAs of the close on January 25th, the best-performing major tech companies in the past week were $NVIDIA Corp(NVDA)$ +24.4% (top for 3 consecutive weeks), followed by $Meta Platforms, Inc.(

The SPDR S&P 500 ETF recorded a 1.18% increase in the third week of January 2024 and a year-to-date rise of 1.53%. The Magnificent Seven is responsible for 69% of the S&P 500's gains in the third week of 2024 and 77% of the S&P 500's year-to-date return. This indicates a lack of breadth in the US equity market, with the majority still being driven by the AI theme. Noteworthy stocks that outperformed the broader market and significantly contributed to the S&P 500's year-to-date return include Broadcom, AMD, and Eli Lilly. Both Broadcom and AMD ( $Advanced Micro Devices(AMD)$ ) are reaping the benefits of the AI craze. AMD's AI chips serve as a viable alternative to Nvidia's, suggesting that AMD may continue its upward trajectory in 2

Big-Tech’s PerformanceDespite cautionary statements from Federal Reserve officials about being overly optimistic about interest rate cuts, relatively positive data continues to boost overall risk appetite. The rebound in heavyweight stock Apple and the strong performance of semiconductor companies have helped propel the market to new highs.As of the close on January 18th, the best-performing major tech companies over the past week were Nvidia +5.07% (top for two consecutive weeks), followed by Microsoft (MSFT) +2.90%, Meta Platforms (META) +1.53%, Apple (AAPL) +1.31%, Google (GOOGL) +0.84%, Amazon (AMZN) -0.15%, and Tesla (TSLA) -9.43% (bottom for two consecutive weeks).Big-Tech’s Key StrategyIs Nvidia expensive? (Greed or Fear?)Since the official launch of the MI300 accelerator in early D

Big-Tech’s PerformanceAfter a pullback in the first week of 2024, tech stocks rebound again, big-techs taking capital inflows. Unexpected CPI receded the previous market aggressive pricing for rate cuts, but still a "soft landing"consensus. In addition, the approval of the Bitcoin ETFs has also added to the market's risk appetite.As of the close on January 11th, the best-performing large tech companies in the past week were $NVIDIA Corp(NVDA)$ +14.22% (up for two consecutive weeks), followed by $Amazon.com(AMZN)$ +7.34%, $Meta Platforms, Inc.(META)$ +6.5%, $Microsoft(MSFT)$ +4.54%,

Big-Tech’s PerformanceIn the final week of 2023, with the arrival of the Christmas and New Year holidays, market fluctuations were not significant. Major stock indices remained stable and closed at relatively high levels. However, the US dollar continued to experience a significant pullback, and related exchange rate changes would impact international investors' returns and the performance of multinational corporations.The largest increase is in $NVIDIA Corp(NVDA)$ +2.93%, followed by $Meta Platforms, Inc.(META)$ +2.59%, $Tesla Motors(TSLA)$ +2.44%, $Alphabet(GOOG)$ +1.37%, $Microso

$Alphabet(GOOG)$  Why all big tech want to embark on AI fast & fury❓❓❓ It's now getting very clear that AI is stepping up as new gen search engine ( or smart search engine) It gives you more answers than you need.  GOOG is the king of the search engine. Hence, it has all the advantages of best case conditions to leapfrog all others if its AI Gemini can quickly be adapted by majority of the current users ❗

Big-Tech’s PerformanceLast two weeks of 2023, market continued new highs, with big-techs taking turns to perform. Meta and Amazon reached new highs for the year this week.As of the close on December 21st, the performance of major technology companies in the past week showed the following changes: $Alphabet(GOOGL)$ $Alphabet(GOOG)$ +6.43%, $Meta Platforms, Inc.(META)$ +6.28%, $Amazon.com(AMZN)$+4.35%, $Microsoft(MSFT)$ +2.08%, and $NVIDIA Corp(NVDA)$ +1.32%, $Tesla Motors(TSLA)$ +1.37%,

Big-Tech’s PerformanceFinally Fed pivot came in December FOMC, with treasury yields and dollar index plunge. Rate cut benefits interest-rate-sensitive sectors and innovative stocks. But big techs’ trading are also active, with Apple reaching a new historical high after Microsoft.As of the close on December 14th, the performance in the past week: $NVIDIA Corp(NVDA)$ +3.76%, followed by a rebound $Tesla Motors(TSLA)$ +3.47%, $Meta Platforms, Inc.(META)$ at +2.01%, $Apple(AAPL)$ at +1.98%, $Amazon.com(AMZN)$ at +0.37%, $Microsoft(MSFT)$ at

$NASDAQ 100(NDX)$ revise the index's components at least every December, replacing poorer performers with more promising ones.According to the latest data, $MongoDB Inc.(MDB)$ $DoorDash, Inc.(DASH)$ will be added to the index, while $eBay(EBAY)$ $JD.com(JD)$ $Zoom(ZM)$ will be removed, This is part of the index's annual rebalancing. $NASDAQ 100(NDX)$ consists of the largest non-financial companies listed on the Nasdaq stock exchange. There is no minimum market capitalization requirement for stocks to

Big-Tech’s PerformanceRecent market volatility stems from two main factors:Tightening macro eviroment. inflationary pressures that have reduced expectations and pricing for interest rate cuts;Earnings season where U.S. companies are being scrutinized for their performance. Big tech stocks have also experienced significant volatility this week, Market consensus often swings to the extreme, META, GOOGL, and TSLA are all typical examples of sentiment-driven valuation returns.As of the close on April 25, influenced by the earnings season, the best and worst performers of the past week were, $Tesla Motors(TSLA)$ with a sentiment reversal of +13.51%, followed by $Apple(AAPL)$ , which was unaffected by earnings,

Meituan's $MEITUAN-W(03690)$ stock has risen 45.5% since I last covered it on January 18, 2024. I believe it's a good time to revisit Meituan, particularly given its Friday closing price of HKD102.10, which is approaching the resistance level I mentioned at HKD107.91in my previous article. 4Q2023 Earnings Review: Revenue surged 22% year-over-year to RMB 73 billion in the latest quarter, while operating income reached RMB 1.7 billion compared to a loss of RMB 731 million in the corresponding period last year. Both revenue and operating income surpassed street expectations. However, the operating margin dropped to just 2.39% in 4Q2024. Operating margin was substantially higher in previous

Big-Tech’s PerformanceRisk-off mode on, with big-techs hit first. Strong earnings does not guarantee a strong surge, macro data brings greater pressure to the market, the Fedes maintain hawkish, combined with the Israel-Iran war, the upcoming technology stock earnings season will also not be optimistic. As of the close on April 18, all big-techs experienced a pullback, with the worst performers being $Tesla Motors(TSLA)$ at -14.13%, followed by $NVIDIA Corp(NVDA)$ at -6.56%, $Microsoft(MSFT)$ at -5.53%, $Apple(AAPL)$ at -4.57%, $Amazon.com(AMZN)$ at -5.2%,

4Q2023 Earnings Review: Tencent’s $TENCENT(00700)$ Revenue increased by 7.07%, and Operating Income rose by 41.96% year-over-year in the latest quarter. The Operating Margin stands at 26.28% for FY2023, the highest in the past six years. VAS revenue shrank by 1.9% year-over-year, while Online Advertising and Fintech & Business Services grew by 20.82% and 15.1% year-over-year respectively in the latest quarter. Moving forward, we expect the weakness in VAS (especially weak gaming revenue) to be offset by margin expansion in Online Advertising and Fintech & Business Services. VAS revenue, accounting for 45% of total revenue, continues its lackluster performance mainly due to lower domestic gaming revenue and decreased Social Networks re

Big-Tech’s PerformanceMagnificent 7 hit a new high this week, and the excess returns over $S&P 500(.SPX)$ also hit a new high. Despite this week's CPI exceeding expectations, the market's expectations for rate cuts this year have greatly declined, with only one rate cut expected in September.Whether hedging or convergency, the seven giants with strong cash flows and high tech attributes have also received inflows. According to Bloomberg's consensus, Q1 profits of the M7 are expected to grow by 38%.As of the close on April 11, all big tech companies have risen over the past week. The best performers were $Alphabet(GOOGL)$ $Alphabet(GOOG)$ +5.9%,

Big-Tech’s PerformanceThe curtain falls on Q1 2024, with strong tech stocks leading the S&P 500 and Nasdaq 100 to new highs. Two concepts are leading the way: AI and digital currency, both with certain performance supports and benefiting from a decline in risk premiums.Big tech companies are also showing a bifurcation, with NVDA performing the strongest in Q1, surging 82.6%, and TSLA being the worst performer, pulling back 29.3%.As of the close on March 28th, over the past week, the best performers among big tech companies were $Alphabet(GOOGL)$ $Alphabet(GOOG)$ +2.26%, $Amazon.com(AMZN)$ +1.25%, $Tesla Motors(TSLA)$

Big-Tech’s PerformanceThe FOMC meeting essentially guided the market sentiment this week, cautious market expectations often bring surprises. After the Fed reaffirmed that the interest rate for this round of cycle has reached its peak and confirmed the start of rate cuts this year, tech stocks and growth stocks also reached new highs.As of the close on March 21, among the big tech companies over the past week, the best performer was $NVIDIA Corp(NVDA)$ +1.18%, followed by $Microsoft(MSFT)$ +0.97%, $Meta Platforms, Inc.(META)$ +44%, $Amazon.com(AMZN)$ +0%, while the other three fell, with

Big-Tech’s PerformanceThe trading on Quadruple Witching Day is often particularly intense. This is the day when four financial derivatives of U.S. stocks— "stock index futures, stock index options, individual stock futures, and individual stock options"— all expire at once each quarter. Investors are eager to close their positions on this day, often leading to a sharp increase in market trading volume and greater volatility. Since Nvidia option trades account for 1/4 of the single-ticket option market, Nvidia option trading will be a focal point.Statistics of the trading on Quadruple Witching Day in the past 30 years show that the probability of a rise in the week of March is slightly higher, but the probability of a rise in the following week is the lowest. Although the average return for

Big-Tech’s PerformanceThe market is still focused on large technology stocks. Despite fluctuations, the concept of AI continues to attract funds with different risk preferences. Powell's testimony was not surprising, and after emphasizing the risk of cutting rates too late, the market's risk appetite has rebounded.As the earnings season nears its end, investors' demands for growth stocks have clearly increased. Companies that are able to exceed expectations are further rewarded in the aftermarket.As of the close on February 29th, the best performing large technology companies in the past week were $NVIDIA Corp(NVDA)$ +17%, followed by $Meta Platforms, Inc.(META)$ +4.5%,

Big-Tech’s Performance“Long bull short bear” has been consistant for the first two months, Nvidia's outstanding performance push the market risk appetite. It could be the first "Too Big To Fail" tech-stock in this age.As of the close on February 22, the best performing major tech companies in the past week were $NVIDIA Corp(NVDA)$ +6.28%, followed by $Tesla Motors(TSLA)$ +4.61%, $Meta Platforms, Inc.(META)$ +2.72%, $Amazon.com(AMZN)$ +2.11%, $Microsoft(MSFT)$ +0.53%, $Apple(AAPL)$ +0.12%, and $Alph

Big-Tech’s PerformanceAs the Nasdaq hits new highs, the risk sentiment for tech stocks has risen again. In addition to growth stocks that have seen significant fluctuations due to earnings reports and digital currency, big tech companies are also trading at high levels.As of the close on February 29th, the best performing big tech companies in the past week were $Tesla Motors(TSLA)$ +2.26%, followed by $Amazon.com(AMZN)$ +1.25%, $Meta Platforms, Inc.(META)$ +0.82%, $NVIDIA Corp(NVDA)$ +0.73%, $Microsoft(MSFT)$ +0.48%, $Apple(AAPL)$ -1.9

Big-Tech’s PerformanceChip stocks are the super stars of this week, leading by $Advanced Micro Devices(AMD)$ $NVIDIA Corp(NVDA)$ , with many of the peers reached All time high $KLA-Tencor(KLAC)$ $Applied Materials(AMAT)$ $Lam Research(LRCX)$ Excellent economic data continues to spread optimism throughout the marketAs of the close on January 25th, the best-performing major tech companies in the past week were $NVIDIA Corp(NVDA)$ +24.4% (top for 3 consecutive weeks), followed by $Meta Platforms, Inc.(

The SPDR S&P 500 ETF recorded a 1.18% increase in the third week of January 2024 and a year-to-date rise of 1.53%. The Magnificent Seven is responsible for 69% of the S&P 500's gains in the third week of 2024 and 77% of the S&P 500's year-to-date return. This indicates a lack of breadth in the US equity market, with the majority still being driven by the AI theme. Noteworthy stocks that outperformed the broader market and significantly contributed to the S&P 500's year-to-date return include Broadcom, AMD, and Eli Lilly. Both Broadcom and AMD ( $Advanced Micro Devices(AMD)$ ) are reaping the benefits of the AI craze. AMD's AI chips serve as a viable alternative to Nvidia's, suggesting that AMD may continue its upward trajectory in 2

Big-Tech’s PerformanceDespite cautionary statements from Federal Reserve officials about being overly optimistic about interest rate cuts, relatively positive data continues to boost overall risk appetite. The rebound in heavyweight stock Apple and the strong performance of semiconductor companies have helped propel the market to new highs.As of the close on January 18th, the best-performing major tech companies over the past week were Nvidia +5.07% (top for two consecutive weeks), followed by Microsoft (MSFT) +2.90%, Meta Platforms (META) +1.53%, Apple (AAPL) +1.31%, Google (GOOGL) +0.84%, Amazon (AMZN) -0.15%, and Tesla (TSLA) -9.43% (bottom for two consecutive weeks).Big-Tech’s Key StrategyIs Nvidia expensive? (Greed or Fear?)Since the official launch of the MI300 accelerator in early D

Big-Tech’s PerformanceIn the final week of 2023, with the arrival of the Christmas and New Year holidays, market fluctuations were not significant. Major stock indices remained stable and closed at relatively high levels. However, the US dollar continued to experience a significant pullback, and related exchange rate changes would impact international investors' returns and the performance of multinational corporations.The largest increase is in $NVIDIA Corp(NVDA)$ +2.93%, followed by $Meta Platforms, Inc.(META)$ +2.59%, $Tesla Motors(TSLA)$ +2.44%, $Alphabet(GOOG)$ +1.37%, $Microso

Big-Tech’s PerformanceAfter a pullback in the first week of 2024, tech stocks rebound again, big-techs taking capital inflows. Unexpected CPI receded the previous market aggressive pricing for rate cuts, but still a "soft landing"consensus. In addition, the approval of the Bitcoin ETFs has also added to the market's risk appetite.As of the close on January 11th, the best-performing large tech companies in the past week were $NVIDIA Corp(NVDA)$ +14.22% (up for two consecutive weeks), followed by $Amazon.com(AMZN)$ +7.34%, $Meta Platforms, Inc.(META)$ +6.5%, $Microsoft(MSFT)$ +4.54%,

Big-Tech’s PerformanceLast two weeks of 2023, market continued new highs, with big-techs taking turns to perform. Meta and Amazon reached new highs for the year this week.As of the close on December 21st, the performance of major technology companies in the past week showed the following changes: $Alphabet(GOOGL)$ $Alphabet(GOOG)$ +6.43%, $Meta Platforms, Inc.(META)$ +6.28%, $Amazon.com(AMZN)$+4.35%, $Microsoft(MSFT)$ +2.08%, and $NVIDIA Corp(NVDA)$ +1.32%, $Tesla Motors(TSLA)$ +1.37%,

Big-Tech’s PerformanceFinally Fed pivot came in December FOMC, with treasury yields and dollar index plunge. Rate cut benefits interest-rate-sensitive sectors and innovative stocks. But big techs’ trading are also active, with Apple reaching a new historical high after Microsoft.As of the close on December 14th, the performance in the past week: $NVIDIA Corp(NVDA)$ +3.76%, followed by a rebound $Tesla Motors(TSLA)$ +3.47%, $Meta Platforms, Inc.(META)$ at +2.01%, $Apple(AAPL)$ at +1.98%, $Amazon.com(AMZN)$ at +0.37%, $Microsoft(MSFT)$ at

Big-Tech’s PerformanceFinnally it is December, the long-term US treasury yield continued to rapidly decline as the rate cut expectation priced in, which provided further upward momentum for the stock market after consolidation at high levels. As of the close of December 7, return of big techs seems in divergence, with $Alphabet(GOOG)$ $Alphabet(GOOGL)$ a 3.32% increase after releasing Gemini, followed by $Apple(AAPL)$ of 2.27% increase, $Tesla Motors(TSLA)$ with a 1.07% increase, $Amazon.com(AMZN)$ with a 0.54% increase, however, $Meta Pla

$NASDAQ 100(NDX)$ revise the index's components at least every December, replacing poorer performers with more promising ones.According to the latest data, $MongoDB Inc.(MDB)$ $DoorDash, Inc.(DASH)$ will be added to the index, while $eBay(EBAY)$ $JD.com(JD)$ $Zoom(ZM)$ will be removed, This is part of the index's annual rebalancing. $NASDAQ 100(NDX)$ consists of the largest non-financial companies listed on the Nasdaq stock exchange. There is no minimum market capitalization requirement for stocks to