Minerva77
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Dear mooers,
Please be advised that the MSIA Stock Market will be closed on 1 May 2024 (Wed) for Workers' Day. Trading will resume on 2 May 2024 (Thur).
Share your market holiday routine in the comments below and earn points.
*Every mooer who shares before 11:59 PM 4 May 2024 (Sat), will earn 10 points.
Let’s make these off-market days count. Get ready to share and enjoy your market break.
Please be advised that the MSIA Stock Market will be closed on 1 May 2024 (Wed) for Workers' Day. Trading will resume on 2 May 2024 (Thur).
Share your market holiday routine in the comments below and earn points.
*Every mooer who shares before 11:59 PM 4 May 2024 (Sat), will earn 10 points.
Let’s make these off-market days count. Get ready to share and enjoy your market break.
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Minerva77
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US Stock Market Review 15 - 19 Apr 2024
DJI -0.08%, SP500 -3.05%, NASDAQ -5.52%. Market experienced selloff from mainly tech stocks, with NVDA fell more than 10% on last Friday, expect to see more volatility ahead on big tech earnings
Four of the Magnificent Seven group of tech giants will report this week: TSLA, META, MSFT GOOGL
Event to watch: 23 Apr S&P PMI & New Home Sales, 24 Apr Durable Goods Orders, 25 Apr GDP QoQ & initial jobless Claims, 26 Apr Core PCE Pri...
DJI -0.08%, SP500 -3.05%, NASDAQ -5.52%. Market experienced selloff from mainly tech stocks, with NVDA fell more than 10% on last Friday, expect to see more volatility ahead on big tech earnings
Four of the Magnificent Seven group of tech giants will report this week: TSLA, META, MSFT GOOGL
Event to watch: 23 Apr S&P PMI & New Home Sales, 24 Apr Durable Goods Orders, 25 Apr GDP QoQ & initial jobless Claims, 26 Apr Core PCE Pri...
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Minerva77
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Reported by the AFR, the AUD to USD conversion has fallen by 5.4% since the beginning of this year.
The drop in the AUD could be due to dampening hopes of Fed Reserve rate cuts and tensions in other countries. However, when this AFR article was published Carol Wong, an economist at Commonwealth Bank of Australia, suggested that if today's Chinese GDP data comes in positive, AUD/USD may experience some temporary relief.
Since then, China's GDP data ha...
The drop in the AUD could be due to dampening hopes of Fed Reserve rate cuts and tensions in other countries. However, when this AFR article was published Carol Wong, an economist at Commonwealth Bank of Australia, suggested that if today's Chinese GDP data comes in positive, AUD/USD may experience some temporary relief.
Since then, China's GDP data ha...
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Minerva77
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Hello mooers! Welcome to Mining & Metals Monitor, your source for weekly insights into key commodities and fundamental changes in leading companies.
Spot Price Snapshot
Key Price Moves
Precious Metals: $Gold Futures(JUN4)(GCmain.US$ reached a new all-time high and $Silver Futures(JUL4)(SImain.US$ surpassed the US$27 level on Friday, despite an increase in the U.S. dollar and Treasury yields...
Spot Price Snapshot
Key Price Moves
Precious Metals: $Gold Futures(JUN4)(GCmain.US$ reached a new all-time high and $Silver Futures(JUL4)(SImain.US$ surpassed the US$27 level on Friday, despite an increase in the U.S. dollar and Treasury yields...
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Minerva77
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🎉 Relief is here! You'll be thrilled to learn that Aussie oil companies still offer some golden opportunities. Here are three ASX-listed oil gems that caught my eye: 👀
🌟 Woodside Energy Group Ltd (ASX: $Woodside Energy Group Ltd(WDS.AU$ , LSE: $Woodside Energy(WDS.US$ ) 🌟
Despite share price dips since 2022, rising oil prices are a boon for Woodside! 💰
Selling oil and gas at higher prices boosts profits. 📈
Steady production costs? Even bet...
🌟 Woodside Energy Group Ltd (ASX: $Woodside Energy Group Ltd(WDS.AU$ , LSE: $Woodside Energy(WDS.US$ ) 🌟
Despite share price dips since 2022, rising oil prices are a boon for Woodside! 💰
Selling oil and gas at higher prices boosts profits. 📈
Steady production costs? Even bet...
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Minerva77
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Some times companies look for new ventures because the existing ones are not able to scale up. But new venture use up funds.
Take the case of Protasco. The company has reported 11 business segments even though the revenue for 2023 was only about 1 RM billion.
You may be forgiven for wondering whether management is just trying many things to see what works. When you look at the chart, you can see that only one segment is driving revenue an...
Take the case of Protasco. The company has reported 11 business segments even though the revenue for 2023 was only about 1 RM billion.
You may be forgiven for wondering whether management is just trying many things to see what works. When you look at the chart, you can see that only one segment is driving revenue an...
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Minerva77
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$Crude Oil Futures(JUN4)(CLmain.US$ $Tesla(TSLA.US$ I use about 300-400 gallons of gas a year. So let me sell my car, and buy a $45k car to save about $1k a year. My ROI is only forever. It would take me 3.3 years just to make up on the sales tax.
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Minerva77
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$MasterCard(MA.US$ Happy shareholder. I like low prices when my company is buying back stock aggressively. Warren Buffett said if you were a net buyer of cheeseburgers over your lifetime would you want high or low prices for them? He said same thing relates to buybacks. If you are holding "indefinitely" it is to your advantage for stock prices to remain as undervalued for as long as possible. The more undervalued the better. Buybacks get more leverage. Ownership share goes up. Earnings per share go up and fewer shares to pay dividends to means dividends can grow even faster.
Long $MasterCard(MA.US$ and $Visa(V.US$.
Long $MasterCard(MA.US$ and $Visa(V.US$.
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Minerva77
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$AT&T(T.US$ Today had NOTHING to do industry growth. This is very competitive industry - all know that - and if you really read the presentation, they feel they are right on track with cleaning up their mess.
Today was about capitulation. The weak hands that thought they could tough it out - hold fast - are folding after seeing an endless sea of red. Combine that with tax loss selling - what, we're 30 days out for the wash sale rule if they want to get back in next year?
134M shares changed hands today. Average daily volume is around 40M shares.
May not be to the final dump yet - but we're getting close.
I added more shares today - in incremented buys. Sale of the century going on right now.
Long T.
Today was about capitulation. The weak hands that thought they could tough it out - hold fast - are folding after seeing an endless sea of red. Combine that with tax loss selling - what, we're 30 days out for the wash sale rule if they want to get back in next year?
134M shares changed hands today. Average daily volume is around 40M shares.
May not be to the final dump yet - but we're getting close.
I added more shares today - in incremented buys. Sale of the century going on right now.
Long T.
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Minerva77
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$Tesla(TSLA.US$ I think he is overselling the risk to push the team. While there is risk involved, there is no way Elon would allow SpaceX to go bankrupt. Even if SpaceX wasn't making money in other ways, he could finance them for decades himself.
I do wonder what the production crisis is? It seems like they were pumping them out like crazy earlier in the year. Maybe it's just supply chain issues? It seems like that isn't something they could really solve though.
I do wonder what the production crisis is? It seems like they were pumping them out like crazy earlier in the year. Maybe it's just supply chain issues? It seems like that isn't something they could really solve though.
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