Market is expensive relative to its historical valuation, but it’s nowhere near a bubble.Mega-cap tech grew earnings 27% YoY in Q3 vs 9% for the rest of the $S&P 500(.SPX)$ .S&P 500 forward P/E of 21 stems from mega-cap dominance of the index and their superior growth.If they slow down, we can get a serious correction given that rest of the index drastically lags in growth.It’s expensive but nowhere near a bubble like 2000.ImageFor whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here：Trade on a Cash Boost Account and enjoy up to 6

This week, gold or extended oscillatory game pattern, short-term mixed short and long factors, need to pay attention to the following key points: 1. Drivers Favourable downside: the U.S. trade war eases and the Fed postponed interest rate cuts are still expected, the dollar index if the 101 mark, will suppress the space of the gold price rebound; the technical surface of the 3250 U.S. dollars near the existence of a strong resistance, if you can not break through may trigger profit-taking. Favourable to rise: geopolitical risks (the situation in the Middle East, Russia-Ukraine peace talks stalemate) and weak U.S. economic data (retail sales, PPI fall) or stimulate safe-haven demand rebound; global central bank gold purchases (244 tonnes of additional holdings in the first quarter) to provi

1.This is why I have always been against buying pure e-commerce stocks and picked $Alibaba(BABA)$ over $PDD Holdings Inc(PDD)$ .While $Alibaba(BABA)$ is also having headwinds, its diversification, especially growth in cloud saves the day. $PDD Holdings Inc(PDD)$ This is why I like $Alibaba(BABA)$ $Amazon.com(AMZN)$ and $MercadoLibre(MELI)$ but not $PDD Holdings Inc(PDD)$ .Image2. $Advanced Micro Devices(AMD)$ bear

1.Despite all the noise numbers tell us that $PDD Holdings Inc(PDD)$ is still gaining market shares in both China and international market.Q1 2025 GROWTH IN CHINA:• $Alibaba(BABA)$ +9%• $JD.com(JD)$ +16% (government incentives boosted)• $PDD Holdings Inc(PDD)$ +15% (GMV probably higher, revenue partially impacted by adv discounts)Q1 2025 GROWTH IN INTERNATIONAL:• If we consider Google trends Temu is outperforming Aliexpress and year over year. • Looking at 2024 Temu GMV estimates PDD outperformed again Aliexpress and in growth rates. • Same story with an even bigger gap for total App downloads. • Obviously profitability of t

Hello everyone! Today i want to share some macro analysis with you!1. $Gold - main 2506(GCmain)$ $XAU/USD(XAUUSD.FOREX)$ Yesterday I already said that the key support around 3270 will be broken, and has been successfully broken! Today, gold will continue to dip! 3100 will not be guaranteed! Continue to keep sell orders trading!Image2.Gold Trading Alert: Gold Price Plunges to New One-Month Low! Is it a good opportunity to bottom out or a precursor to a crisis? Concerned about the ‘horror data’Thursday (15 May) Asian morning trading, gold low hovering, currently trading at $3183.50 near. Gold prices fell more than 2% on Wednesday, the lowest $3,167.94, a new low since April 10, closed at $3,177.

$XAU/USD(XAUUSD.FOREX)$ $Gold - main 2506(GCmain)$ Technical: Gold prices retreated on Monday as traders appeared to be taking profits amid thin liquidity and low volatility during the U.S. holiday period. Not enough, Trump's inconsistency on trade policy could lead to sharp price swings when trading resumes on Tuesday.The bullish trend for gold remains intact. Gold could test last week's high of $3,365. If it breaks above that level, the next target for gold would be $3,400, followed by the May 7 high of $3,438 and the all-time high of $3,500.On the bearish side, if gold falls below $3,300, it is expected to fall to the May 20 low of $3,204, followed by the 50-day simple moving average (SMA)

1. $Gold - main 2508(GCmain)$ $XAU/USD(XAUUSD.FOREX)$ Gold continues to fluctuate widely, the market fluctuates greatly, the price rises and falls as much as it falls during the day, all of which are influenced by fundamentals, and there is no technical aspect at all. The first resistance above is 3316, and the second resistance is 3325! If it successfully breaks through 3316, gold will continue to rise! However, the US market is likely to fluctuate downward! ImageFor whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here：

$S&P 500(.SPX)$ The primary outlook is a constructive advance towards new all-time highs in the S&P 500, risk-managed by the three core market signals: trend, breadth, and momentum. Unless all three risk-off criteria trigger simultaneously, this remains the guiding path.I never know when the next “alarm” is going to be— this is the point when all three of my criteria flash risk-off. It could be as short as a few days or as long as half year between alarm bells. What I can control is how I respond when an alarm goes. It a simple rule, protect capital; either hedge long exposure, or raise cash— if it gets worse and odds begin to favour a larger decline vs just the need to hedge, it is then where taking short positions against SPY is a simple

$S&P 500(.SPX)$ There is a tremendous amount of top calling today. This is important, but first a recap for context. My risk system fired the alarm bell on February 21, this was well shared. This was the sole reason for outperformance through Q1. In April I shared thoughts of sentiment (Fear & Greed Index read 3!) and positioning being simultaneously depressed. This combination did well again to mark a local bottom. This was a good trade. (The market rallied another 5%. Happy to have caught 2/3 of the rally)Most recently for me however is a misstep taking a short sided traded last week. This was quickly cut on Monday. Many more of these will happen, the objective is to limit the number of missteps per year. There is a lot to review this we

There’s a fundamental misunderstanding taking root on fintwit -- the idea that we’re just navigating a rough patch. That the Fed can thread the needle. That tariffs are temporary. That volatility is an overreaction.But the institutions that once stabilized markets aren’t stabilizing anything right now -- not because they lack tools, but because they no longer control the narrative. And in 2025, narrative is EVERYTHING.This isn’t about whether Powell gets replaced. It’s about the fact that it’s even on the table. The perception that the U.S. might politicize monetary policy -- even in theory -- is enough to distort capital flows. And perception doesn’t need confirmation to become consequence.That’s where we are. Not in a collapse. Not in a rally. In a credibility void -- and the tape reflec

Hello everyone! Today i want to share some macro analysis with you!1. $Gold - main 2506(GCmain)$ $XAU/USD(XAUUSD.FOREX)$ Good morning, yesterday's signals from the New York market hit a high of 3315 for a maximum profit of 250 pips! Gold is expected to continue to maintain its swing higher in the Asian markets today! Continue to enter buying at 3303-05, TP:3330ImageFor whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here：Trade on a Cash Boost Account and enjoy up to 6 months of Commiss

Michael Burry’s lone holding $Estee Lauder(EL)$ is breaking out this morning. 👀 Like I said, I don’t know why he likes it— but I know I like the chart and it was well set up for a breakout. Breakout underway.For whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here：Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉💰CBA Mini Course 1: Wha

Hello everyone! Today i want to share some technical analysis with u!1.Technicals:Gold prices rose for a third consecutive session on Wednesday, with the price recording higher highs and higher lows for several consecutive days as buyers eye key resistance levels. As described by the Relative Strength Index (RSI), momentum suggests that the uptrend will continue until the RSI reaches overbought territory.The first resistance level for the gold price will be the psychological level of $3,350. Once that level is breached, the next target will be $3,400, followed by the May 7 high of $3,438 and an eventual test of the all-time high of 3,500.For a bearish reversal to occur, gold shorts would have to drag the price of gold below $3,300. Once this level is effectively broken, short-term support