Hi, mooers! A rush of earnings sweeps through the market this week. Which company are you most optimistic about?
On Thursday, $Meta Platforms(META.US)$, $Apple(AAPL.US)$, and $Amazon(AMZN.US)$ are releasing their quarterly earnings after bell. How will the market react to these companies' results? Let's make a guess!
An equal share of 3,000 points: For mooers who correctly guess the winner who makes the biggest gains in Frida...

Tesla is releasing its Q4 2023 earnings on January 24, after the U.S. stock market close. How will the market react to the company's quarterly results? Vote your answer to participate!
Rewards
● An equal share of 1,000 points: For mooers who correctly guess the price range of $Tesla(TSLA.US)$'s opening price at 9:30 AM ET Jan 25 (e.g., If 50 mooers make a correct guess, each of them will get 20 points.)
(Vote will ...

Have you watched 'Ready Player One'? If you haven't, go watch it now!!! It shows a Metaverse.
Click here to watch the video: Ready plyer one(I'm so sweet, you are welcome)
What is Metaverse?
Metaverse is a collective virtual shared space, created by the convergence of virtually enhanced physical reality and physically persistent virtual space.
People use AR and VR technologies to build a new world that merges the physical and virtual worlds. Everyone has new opportunities there.
What happened recently?
On Thursday, $Meta Platforms(FB.US)$ co-founder Mark Zuckerberg announced that the social-media company was formally becoming Meta Platforms Inc., with the new name embodying the metaverse company Facebook has set its sights on becoming.
The metaverse, according to Mr. Zuckerberg, will be a successor to the mobile internet -- a place where you can socialize, work, play and buy with privacy and safety built in from day one.
Cut the crap，just watch it:
Source：Youtube--Guardian News
$Meta Platforms(FB.US)$

By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- U.S. stock index futures were little changed in early morning trading Tuesday, after the major averages started the week with muted moves as investors digested a jump in yields.
- Ohio's attorney general is suing Meta Platforms, alleging it misled the public about how it controlled its algorithm and the effects its products have on children.
Market Snapshot
U.S. stock index futures were little changed in early morning trading Tuesday, after the major averages started the week with muted moves as investors digested a jump in yields.
Futures contracts tied to the $Dow Jones Industrial Average(.DJI.US)$ lost 22 points. $S&P 500 Index(.SPX.US)$ futures and $NASDAQ 100 Index(.NDX.US)$ futures both hovered in mildly negative territory.
Market Temperature
Read more: Market Temperature (11/16)
Top News
Fed's Barkin says more data is needed before raising rates
Federal Reserve Bank of Richmond President Thomas Barkin said the U.S. central bank needs more data before it can make the call on when it is time to raise its short-term rate target.
Dow industrials edge lower; Dollar Tree gains
U.S. stock indexes flitted between small gains and losses before ending the day near flat. Brent crude oil futures fell. $Dollar Tree(DLTR.US)$
Biden signs $1 trillion infrastructure bill into law
The passage of the bill to repair roads and bridges, upgrade the electrical grid and expand access to broadband internet marks a rare bipartisan policy win for the White House.
Inflation surge pushes gold to five-month high
The climb in the haven asset accompanies other signs investors are starting to seek more protection from rising consumer prices and interest rates.
Ohio sues Meta over impact on children
Ohio's attorney general is suing Meta Platforms, alleging it misled the public about how it controlled its algorithm and the effects its products have on children. $Meta Platforms(FB.US)$
Roblox looks to bring educational videogames to schools
Company is starting with a $10 million investment for nonprofits to develop games, its first such funding, amid a push to help build out the metaverse. $Roblox(RBLX.US)$
Twitter CFO says investing in crypto 'doesn't make sense right now'
Investing some of Twitter's corporate cash in crypto assets such as bitcoin "doesn't make sense right now," Chief Financial Officer Ned Segal said. $Twitter(TWTR.US)$
Read More
Buffett's Berkshire reveals new bets on Royalty Pharma, exits Merck in Q3
Jeff Bezos says he spends more on climate than space travel
Big Short's Burry spat with Elon Musk
Elon Musk is close to selling his last remaining house
Tesla shares approach bear market territory on prolonged selloff
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg

Stock Scalpers
The Ascending Triangle 

What is an Ascending Triangle formation?
Like many of the patterns we have explored, the ascending triangle is often regarded as a continuation pattern. The formation shows a period of consolidation before a breakout. 
This pattern is created when the following occur:
1) Price action allows for a horizontal trend line to be drawn attaching at LEAST two highs.
2) A trend line can be drawn along at LEAST two lows
Traders watch for breakouts along the upside of the ascending triangle because the breakout generally occurs in the direction of the trend. 
What is an Ascending Triangle actually telling us?
The buyers are still in control. The price continues to return to the previous high. More important is the continuation of the higher lows. This shows seller enthusiasm waning and buyers regaining the upper hand.

Trading with the Ascending Triangle
- Most traders use an upside breakout of an ascending triangle as a signal to go long and a downside breakout as the signal to short.
- A stop-loss can be set just under the trend line after a breakout if going long and just above the bottom trendline if short.
- Target price can be established by adding(or subtracting if short) the max height of the triangle to the breakout.
- The angle of the triangle is critical. The steeper the angle the more abrupt the breakout can occur.

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