To The Moon

Summary sale / purchase by Ms Cathie Wood : Sold - 139,642 Tesla shares at $192.22 per share. Total sales proceeds - $26.84 Million. Bought - 268,928 Coinbase shares at $66.30 per share. Total purchase costs - $17.83 Million. Bought - 320,557 Block shares at $61.88 per share. Total purchase costs - $19.84 Million. Ark funds forked out additional $10.83 Million to complete above 2 purchases. A few things came to mind when I came across above news article.. The obvious question is “Why did Ms Cathie Wood sell $Tesla Motors(TSLA)$ and used the proceeds to fund additional purchase of $Coinbase Global, Inc.(COIN)$ and $Block(SQ)$ ? Before examining each reason under the

Small Cap:$XPeng Inc.(XPEV)$ 3/17 Q4 Earnings Pre MarketEarnings Estimate: -$.307Revenue Estimate: $816.139M$Archer Aviation Inc.(ACHR)$ 3/09 Q4 Earnings After HoursEarnings Estimate:-$.33Revenue Estimate:$0Other: $Apple(AAPL)$ 3/10 Annual General Meeting

NVDA: Two more directors sold shares at around 230 on 1 March, according to the latest form-4 filings. They sure thank retail for buying into the AI narrative. What's That? A rising wedge is a technical indicator, suggesting a reversal pattern frequently seen in bear markets. This pattern shows up in charts when the price moves upward with pivot highs and lows converging toward a single point known as the apex. When it is accompanied by declining volume, it can signal a trend reversal and a continuation of the bear market. Declining volume is a giveaway The Breakdown One thing experienced traders love about this pattern is that once the breakdown happens, the target is reached very quickly. Unlike other patterns, where confirmation must be shown before a trade is taken, wed

Shares of $SVB Financial Group(SIVB)$ plunged 60% on Thursday, the biggest one-day drop on record.Another crypto bank Silvergate Capital gave another hit - shut down its banking operations, causing the S&P 500 Banks Index to fall about 6% on Thursday.What happened on SVB?Technology Boom - Total Deposits SkyrocketSVB is Silicon Valley Bank, and like the name, it provides banking services to many startups in Silicon Valley. It also means many startups have their bank accounts in SVB, which is the capital that SVB relies on. The second half of 2020 has seen a global funding boom for technology companies, and the rapid growth in startups loans and venture capital funding has led to a huge amount of cash and

$Grab Holdings(GRAB)$ Grab Holdings Ltd. on Monday said it prepaid US$600 million ($806.6 million) in debt ahead of a 2026 maturity, taking advantage of excess cash on its balance sheet. The Singapore-based ride-hailing and delivery company completed the transaction last week, bringing its debt under an outstanding term loan to US$517 million, down from the previous balance of US$1.117 billion. Grab also has about US$200 million in other bank debt. “Grab is taking advantage of our healthy cash position to reduce our gross debt balance and generate interest savings, given the macroeconomic environment,” said Chief Financial Officer Peter Oey. Grab in November bought back about US$750 million in debt - part of its US$2

Hi Tigers,Welcome to check the latest High Dividend Yields lists of 13 SGX companies whose Yields exceed the 12 months Fixed Deposit Rates of most SG banks. Welcome to find and share your most bullished one.Best Fixed Deposit Rates(MAR 2023)Notes: Fixed deposit interest rates listed here are mostly promotional interest rates that change monthly, and some might not even have a specific expiry date.The 13 High Dividend Yeilds stocks are as belowCompanyMarket Value (SGD)Current Price (SGD)Dividend YieldYTD 2023Industry$GOLDEN AGRI-RESOURCES LTD(E5H.SI)$3.61 B0.286.70%14.00%Agriculture Products$KEPP

$Nasdaq100 Bear 3X ETF(SQQQ)$ Big central banks this week raised interest rates to their highest levels since the global financial crisis, yet investors rushed into equities and bonds after officials hinted that the current cycle of monetary tightening may be nearing its end. Investors were buoyed after Fed chair Jay Powell said the "disinflationary process" in the US economy was under way. Although there are reports that Fed might be planning to slow down on its interest hike, perhaps they won't be slowing down soon. History has shown that softening stance from Fed may lead to higher inflation. The central bank was now aggressively increasing interest rates to bring inflation back to around 2 percent, its long-esta

$Energy Select Sector SPDR Fund(XLE)$ declined 6.34% last week, the largest drop since 2022 December.Energy stocks $Exxon Mobil(XOM)$ declined 6.62$ ,$CVS Health(CVS)$ lost 5.3% ,$ConocoPhillips(COP)$ dropped 9.51% ,$Occidental(OXY)$ lost 7.47%,$Marathon(MPC)$ dropped 3.38% ,$Schlumberger(SLB)$ declined 5.35%, $EOG Resources(EOG)$ lost 11.72%

Tesla Stock Rallying +7%, Earnings Week Ahead

Marathon Digital (NASDAQ:MARA) incurred net losses of$75 millionfor its last reported fiscal 2022 third quarter. This led to cash and equivalents declining sequentially to $55.3 million from $86.5 million in the prior period. The Las Vegas-based Bitcoin mining companyneeds the price of the cryptocurrency to quickly start rising otherwise it faces a continued deterioration of its liquidity position. Gross profit also turned negative, reversing what has been an established positive trend since the second quarter of fiscal 2021.The worsening profitability backdrop all came in the period that preceded the collapse of FTX (FTT-USD), an event that some bears have argued will come to form the theoretical base for an elongation of the crypto winter. Things are not looking great for Marathon. Its l