To The Moon

As of the close on Friday,$S&P/ASX 200(XJO.AU)$ closed at 6,955.20 points, down -0.56% in the past 5 days.During the last 5 trading days, $Evolution Mining(EVN.AU)$ $PERSEUS MINING LTD(PRU.AU)$ $NEWCREST MINING LIMITED(NCM.AU)$ $AGL ENERGY LTD(AGL.AU)$ $Imugene Ltd(IMU.AU)$ were up 14.34%, 9.91%, 8.51%, 8.44%, and 8.33% respectively.1. $Evolution Mining(EVN.AU)$ - advance progre

Introduction $Advanced Micro Devices(AMD)$ has been on a tear in recent weeks, rising for more than 27% for the month of march. However good things don’t last long and in this post, I will share why I think AMD rally is probably going to end soon (mainly from a technical analysis stand point). About AMD I think AMD needs no further introduction as it is a very popular stock among traders. AMD is a semiconductor company that operates globally in four segments: Data Center, Client, Gaming, and Embedded. It offers a range of products such as x86 microprocessors, graphics processing units (GPUs), chipsets, data center, and professional GPUs, and embedded. All these are the fundamental building blocks for Artificial Intelligence (AI). AMD's Stock Curre

US market on Wed (22 Mar) traded directionlessly until 2:00pm when the FOMC meeting was over with the press conference by Mr Powell, hot on the heels. When the 0.25% interest hike was confirmed, market “reacted positively” initially. It was afterall the much anticipated 0.25% and not the much feared 0.5%. The “euphoria” proved to be short-lived as the press conference pressed on with Mr Powell further confirming that there would be no let down from the central bank in their fight to bring inflation down. Personally I think, it is commendable that the Fed Reserves provides a clear direction of where they are heading without being ambiguous. Doing so minimizes “speculations” of any sorts to be postulated by Wall Street to smoke-screen and “fool” the general public. Agree ? By The Time Market