To The Moon

US market fell on Fri, 11 Aug after US’s July 2023, Producer Price Index (PPI) report was out. The hotter-than-expected July 2023, PPI : Pushed 10-year Treasury note higher by 8 basis points to 4.16%. Sank rate-sensitive Mega cap growth stocks. When market closed for the week: DJIA: closed +0.3% higher but was off session highs. Health & Energy stocks led Tech stocks fell. S&P 500: came in at -0.1% at closing bell. The index is barely above its 50-day moving average. Nasdaq: fell by -0.6%. What was worse though, it broke support at its 50-day moving average. US July 2023 Producer Price Index (PPI) Data. On a YoY basis, PPI was up 0.8%, above the 0.7% consensus. Prices (excluding food, energy and trader) moved up by 2.7% YoY, unchanged from previous month’s data. The Fed references

Having fallen for most of last week, was yesterday Wall Street’s attempt to stage a recovery of sort? US stocks closed higher Mon, 14 Aug, led by a sharp rise in tech stocks, as Wall Street attempted to shake off a rough August so far. By the time market closed: (see above) DJIA: +0.09% (+26.33 to 35,307.63). S&P 500: +0.58% (+25.67 to 4,489.72). Nasdaq: +1.05% (13,788.33). Could this be Wall Street way of luring in unsuspecting investors as “Retailer’ stocks take centre stage this week to report their quarterly earnings: $Home Depot(HD)$. Tue, 15 Aug (am). $Target(TGT)$. Wed, 16 Aug (am). Wal-Mart Inc. Thu, 17 Aug (am). Noticed how these retailer stocks are announcing their earnings in the mornings vers

Why did Sea collapse again? Who applied the pressure? Is there still hope for valuation? $Sea Ltd(SE)$ ‘s Q2 2023 earning made the stock plummeted 10% in pre-market trading. Despite the profit indicators slightly exceeding market expectations, the main gaming and e-commerce revenue fell short, and there was no guidance for the next quarter, leading investors to doubt its business growth capabilities and the potential for profit margin improvement. We believeThe company deliberately signaled "profit margin indicators" to the market. However, profit margin is merely a new expectation in the market, a promise for the company to improve the "burn money for scale" model in the era of high inflation, without giving up the expectation of "high growth" for