To The Moon

Last week ending 09 August, we saw major indices close the volatile week with little change from last Friday (09 August 2024). Last week, the S&P 500 was fractionally lower, NASDAQ declined by 0.2%, DJIA was lower by 0.6% and Russell 2000 also dropped by 1.4%. Major Indices Gains Driven By Mega Cap Space The stock market exhibited mixed action to close out the week. The three major indices ultimately settled with gains, driven by gains in the mega cap space. S&P 500 closed slightly higher with +0.47%, NASDAQ settled with +0.51% gai and DJIA has a smaller gain of +0.13%. Small and mid-cap stocks lagged their larger peers. There was no notable US economic data on Friday. Note Yield 2-year Cross 4% 10-year note yield closed with 1 basis point lower to 3.936%, with 2-year note yield

The JPY carry trade helped HF the long positions in US tech stocks, and the unwinding this week once led to a significant drop in the $S&P 500(.SPX)$ S&P 500 index. Similar risk appetite resets have historically led to a 9%-10% decline within the next three months. In other words, "Hedging the US stock market still makes sense...The question is how to do it best. $Apple(AAPL)$ $Microsoft(MSFT)$ $Alphabet(GOOGL)$ $Meta Platforms, Inc.(META)$ $Amazon.com(AMZN)$ $Tesla Motors(TSLA)$

Hello everyone! Today i want to share some technical analysis with you!1. $Costco(COST)$ Stock is almost as reliable as the $1.50 hot dog combo. 🌭2. $Palantir Technologies Inc.(PLTR)$ Impressive earnings report from Palantir last week:◦ Beat top and bottom line estimates◦ Revenue +27% YoY◦ Customer Count +41% YoY◦ Raised full-year guidance◦ Expects up to $1B in free cash flow in 20243. $iShares 20+ Year Treasury Bond ETF(TLT)$ Don't fade the GOAT. 🐐 4. $SPDR S&P 500 ETF Trust(SPY)$ 2024 anchored VWAP + 2024 Volume PoC.The dynamic duo. 💪5. $Amazon.com(AMZN)$ I know Bezos is on