To The Moon

News and my thoughts from the last week (08 Apr 2024) Can America afford another war front or fund another war? Will the USA run out of both money and bullets? Are there sufficient arms left for defence? Should there be an international or local authority that monitors the development of AI and requires AI solutions with decision-making automation to have identification so that we can establish ownership and accountability? In the world of AI, he/she who controls the algorithm controls the world 12% of the world tries to define a view of China through their media. China is here as a global power and there is no stopping them. I hope that we can mix our opinions with travel. With working from home, the impact will spill over from commercial real estate (CRE) to retail, F&B and even city

News and my thoughts from the last week (25 Mar 2024) - Huawei, BYD & AI Huawei's auto unit expected to become profitable this year, exec says Huawei's automotive business is expected to turn a profit this year, bolstered by mid-to-high-end models built in partnership with automakers, the unit's chairman said. - CNEVPost Image Another great example of sanctions backfiring. In 2019, due to US sanctions, Huawei was banned from using Android, the operating system on which most of its devices ran. The US thought this would be a killer blow to the company. Undeterred, Huawei decided to develop its own homegrown OS - HarmonyOS - something everyone at the time said was impossible, due to the enormous complexity of the task. Fast forward 5 years, HarmonyOS is now running on no less than 700 mi

Singaporean safety equipment supplier Rectitude Holdings submitted an IPO application to the U.S. Securities and Exchange Commission on January 16, 2024. $ReRectitude Holdings is one of Singapore's top hardware companies, providing a variety of personal protective equipment, safety shoes, life-saving ropes, fire extinguishers, and other safety devices. These include: 1. personal protective clothing, gloves, safety shoes, and personal fall protection systems; 2. portable fire extinguishers; 3. traffic products such as rubber speed bumps, wheel chocks, and wheel stops; 4. industrial hardware tools and electrical hardware for construction sites.The company's products and solutions are sold to a wide distribution network and end markets in Singapore and an increasing number of Southeast Asian

Has Nasdaq break its support?

Maybe he is just early. Trade safe! $S&P 500(.SPX)$ on Wed down 60.91 to close at 4186 is confluence of support and daily 200 SMA at 4180.  Could bounce hard, but if breaks support, watch out below 

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Only thing constant now is slew of bad news. Need to trade cautiously while being in d know of all that happens within each stock  

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Share your opinion about this news…

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Short short and run...

Ok

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     R ex $Zoom(ZM)$ 

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Nvidia's performance is no surprise. It has an upperhand and a market niche.