Last week in review 👉🏻Market Review+Position Analysis (03/06-07/06 2024)
“The most important discipline I've personally developed over the years is the ability and will never let my opinions hinder the breakthroughs of good settings. I always let stocks determine where my capital flows, no matter what my instincts say. Sometimes my instincts are right, sometimes wrong... but stocks are never wrong because I'm a car keeper and the market is the engine. My strategy was the one I followed, not my personal opinion. It requires discipline and will. Try to do that!” -Mark Minervini
A quick review of this week's markets:
$NASDAQ 100 Index(.NDX.US)$ Attracts funds every Wednesday;
$S&P 500 Index(.SPX.US)$ Attracts funds every Wednesday;
$Dow Jones Industrial Average(.DJI.US)$ It was distributed on Tuesday, and the week was divided by three points.
NDX>SPX>DJI.
The last two weeks have been a market led by giant technology stocks and large chip stocks. Currently, all of these people have expanded somewhat, and the overall breadth of the market has deteriorated, and rotation is needed in the short term to maintain the healthy development of the market; under the appearance of a rising market, actual stock trading is still struggling. Let's see how the market will develop in the second half of this month. The trading aspect is still mainly based on feedback from the stocks themselves.
NDX and SPX weekly charts:
There has been a short-term slowdown...

Hi mooers,
We're excited to share the story of this week's community member and recent US stock paper trading competition winner, @Surf At Risk!
We interviewed @Surf At Risk about his background, investing journey, and experience winning the moomoo paper trading competition with just one trade!
Curious about how he did it? Let's dive in.
An introduction to @Surf At Risk
Name: Surf At Risk
Age: 29
Background: Currently ...

$Oracle(ORCL.US)$
👉 Revenue Growth and Financial Performance:
📍 Total Revenue for Q4 was $14.3 billion, up 4% year-over-year.
📍 Total Cloud Revenue (SaaS + IaaS) excluding Cerner was $4.7 billion, up 23% year-over-year.
📍 Including Cerner, total cloud revenue was $5.3 billion, up 20% year-over-year.
📍 SaaS Revenue reached $3.3 billion, up 10%.
📍 IaaS Revenue was $2 billion, up 42%.
📍 Gross Margin for cloud services and license supp...

Stay Connected.Stay Informed. Follow me on MooMoo!
In the previous Canadian Rate Cut Winners series, we introduced the Bank of Nova Scotia (BNS), which has a very attractive dividend rate in Canada. In this article, we will introduce another company that benefits from the interest rate cut measures - Shopify Inc. (SHOP). If you are interested, let's take a look together!
Who is Shopify?
$Shopify Inc(SHOP.CA)$ is a Cana...

$SIA(C6L.SG)$ buy on the dip, I don't believe will drop everyday. stay positive until proven otherwise 😜

As long as it is related to data centers, it is the password for stock prices to boil.
Last week there was $MAHSING(8583.MY)$ , and $MNHLDG(0245.MY)$ This kind of industrial land purchase and construction, and subsequent power supply auxiliary stocks are certainly beneficiary stocks under the data center theme.
However, starting construction and subsequent power supply are all for later. If we focus on the present, this is not true. Today, SUNCON is booming, reaching a record high, and the unrealised profit of early deployment will start at 13%.
$SUNCON(5263.MY)$
Major investment banks still favor SUNCON and continue to call to buy this stock.
As early as December 2022, Sunway Construction received a general contract worth approximately RM1.7 billion from Yellowwood Industries (Yellowwood) to be responsible for the data center construction project at Johor Srinana Science Park (STeP).
According to the contract at the time, the scope of the project included the design and construction of piling and structural precast concrete; construction of the main data center building; installation and related works of mechanical and electrical services, telecommunications, control and safety, and major equipment; and other external ancillary projects such as roads, drainage systems, external mechanical and electrical services, and fence gates.
The project will be carried out in 3 stages and is expected to be completed in the third quarter of this year; now, the first phase has indeed been completed, but Yellowwood continues to add phase 4 of the project and the total contract...

$SUNVIEW(0262.MY)$ been retracing and consolidating over the past year and formed a solid base around its RM 0.60+ regions.
Recently was able to rebound quite well and now testing its RM 0.715+ main downtrend resistance levels.
If able to sustain this buying momentum, could breakout towards and beyond the RM 0.74 - RM 0.78+ regions and start a new uptrend soon.
Support: RM 0.70, RM 0.685 areas
Resistance: RM 0.715, RM 0.735, RM 0.75 areas