To The Moon

$Invesco QQQ Trust-ETF(QQQ)$ The Bureau of Economic Analysis is set to release the Personal Consumption Expenditure (PCE) index for October, a crucial inflation indicator closely monitored by the Federal Reserve, on Thursday at 8:30 a.m. ET. The PCE index stands out as the Federal Reserve’s preferred gauge of inflation because it offers a more comprehensive assessment of price changes for a broad range of goods and services compared to the popular Consumer Price Index (CPI) basket. According to the CME Group’s FedWatch tool, investors are currently pricing in a 78% probability of a rate increase by May 2024. Additionally, there is speculation that up to five rate cuts could occur by December 2024, with a 56% probabil

With the United Auto Workers’ strikes threatening to shut down production lines of major conventional car makers, if its demand for wage increases as high as 40 percent is not met, no signs of a deal closure are in sight yet despite negotiations progressing in earnest, a clear beneficiary is the electric vehicle industry which has resisted unionisation. The brewing storm for the incumbents may hence be good news for electric vehicle startups the like of $Faraday Future Intelligent Electric Inc.(FFIE)$ and $Rivian Automotive, Inc.(RIVN)$ that are in need of any catalyst to bolster their weakening fundamentals. A clear winner would be <