Let's talk about $TENCENT (00700.HK)$ . A tech dominance company in China, arguably in the world. Tencent has dominated the gaming industry, both pc and mobile with their blockbuster games such as honor of kings, call of duty mobile, Fortnite and a lot more. They bought a lot of gaming studio, both big and small around the world. Not only that, they have wechat and cloud computing which are dominant in China. Obviously, ...

Dow Jones index $E-mini Dow Futures (SEP5) (YMmain.US)$ is the only index that has yet to break above its all time high. But with the 'big beautiful bill' comes into law over the weekend, and Trump has just said that tariffs due date extended to 1st August, I believe industrial sector including O&G will pick up the momentum and drive the index higher.

The only major index that has yet to break above its all time high, Dow Jones Index, is on the verge of retesting the key resistance and if it managed to break, it will likely to go higher like his brothers S&P500 and Nasdaq100. With the better-than-expected outcome from the major economic data, it shall drives the market higher for the foreseeable week to come.
Unlike Trump reignite trade wars or geopolitical risk resurfaced.
Unlike Trump reignite trade wars or geopolitical risk resurfaced.

For those who are wondering why is the tech stocks dropped in yesterday's session? Despite Jerome Powell said that the economy is doing pretty well and bringing more dovish tone, I would say that the drop in tech sector is imminent as breaking all time high last week. A healthy bull market will always retrace and as long as the earning from the tech companies continue to do well and economy continues to grow, the stock will rise this year.
9th ...
9th ...

1
$E-mini S&P 500 Futures (SEP5) (ESmain.US)$ broke above the key resistance last week and made another historical high this year. Despite all the negativities this year: Russia-Ukraine War, Israel-Iran War, Israel-Hamas War, Reciprocal Tariffs by Donald Trump, negative GDP, high 10 year treasury yield, inflation, etc.. but then, market persist and move higher. At the end of the day, its all about corporate earnings. If corporate earnings continue...

1
$E-mini S&P 500 Futures (SEP5) (ESmain.US)$ broke above its all time high yesterday. Usually when a break is as convincing as yesterday, it usually indicates that the index would continue to go higher for the rest of the year to come. However, based on RSI, it's currently oversold, selling pressure may pile up on any upcoming negative news. And its good that index retrace back to the moving average or the support level before continue to advance again.

2
Market literally ignored the fact that US has just bombed Iran over the weekend and up 0.5% so far. Just when everyone thought the market would drop, it advanced. A peculiar phenomena but explainable as S&P global manufacturing PMI came in better than expected.

2
Another stock that is under my radar at the moment, $Copart (CPRT.US)$ , a global leader in online vehicle auctions and remarketing services. The reason why this stock has attracted my attention is due to the fact that it has high free cash flow and has literally no debt, a healthy balance sheet. On top of that, high ROIC, ROA and ROE, all above 12%. Besides, business is growing steadily over 5 years period and has a moat in the industr...

3
1
CCS94
voted
Hi Mooers! 👋
$TOPGLOV (7113.MY)$ is expected to release its quarterly earnings this week*. How will the market react to the company's results? Cast your vote and join the fun!
*The exact release date is subject to the company's announcement.
(Poll ends at 17:00 MYT on June 19)
Guess the closing price of TOPGLOV post-earnings, and grab your share of the prize pool!
Rewards
● 100,000 Points Pool: Mooers who make the correct g...
$TOPGLOV (7113.MY)$ is expected to release its quarterly earnings this week*. How will the market react to the company's results? Cast your vote and join the fun!
*The exact release date is subject to the company's announcement.
(Poll ends at 17:00 MYT on June 19)
● 100,000 Points Pool: Mooers who make the correct g...
385
387
20
One of my most long term bullish stock, META. Revenue and balance sheet are doing better over year and with recent 49% stake in Scale AI, it will further increase their dominant in AI field in coming years, creating stronger moat for the foreseeable future. One of the reason why I'm optimistic with Meta is due to the fact that I have been consistently using their products (Facebook, Instagram, WhatsApp) in daily basis, and also their rapid growt...

1
1