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Dear mooers,
Happy Chinese New Year!
Regardless of who you are with and where you are, moomoo wishes you a new year full of luck, happiness, achievement, and prosperity.
moomoo thank you for your continuous company. We hope to accompany you further in your investing journey!
Once again, we wish you and your family a lucky, happy, healthy, and prosperous lunar new year!
Team moomoo
Happy Chinese New Year!
Regardless of who you are with and where you are, moomoo wishes you a new year full of luck, happiness, achievement, and prosperity.
moomoo thank you for your continuous company. We hope to accompany you further in your investing journey!
Once again, we wish you and your family a lucky, happy, healthy, and prosperous lunar new year!
Team moomoo
![Happy Chinese New Year!](https://ussnsimg.moomoo.com/1643354676825-77777004-android-compress.jpg/thumb)
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Hey mooers,
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We wish you:
A joyous Christmas filled with love, happiness and prosperity!![]()
From moomoo news team members Wave Melody Linear Chloe Zoe Mia Jimmy Danilo Ander Julianna Eli
We wish you:
A joyous Christmas filled with love, happiness and prosperity!
From moomoo news team members Wave Melody Linear Chloe Zoe Mia Jimmy Danilo Ander Julianna Eli
![Merry Christmas, mooers!](https://ussnsimg.moomoo.com/2687544278179113279.jpg/thumb)
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Warren Buffett is known for being a legendary investor. He is known as a proponent of value investing, and for decrying the rampant speculation and gambling by self-proclaimed "investors" ![]()
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However, did you know that Warren Buffett used to speculate using derivatives such as stock options and commodity futures?![]()
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Warren Buffett purchased his first investment, Cities Services Preferred, at 11 years of age, buying three shares for $114.75. He sold these for a profit of $1.75 relatively soon after the acquisition. His next adventure in the market came in 1949. Buffett started using technical analysis to earn quick profits from the market on top of his other activities. This was mostly speculative trading.![]()
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He was hooked on share trading at this time. He tried all sorts of ways to make share trading work, from chart patterns to numerical patterns and 'odd-lot stock trading,' whatever that was. We can tell from this that Buffett had been speculating."
—— Glen Arnold's book, "The Deals of Warren Buffett, Volume 1: The First $100m,"
In the late seventies, he bought a few stocks for his own account. He was a bit more of a swinger with his personal money. For instance, in the case of Teledyne, Buffett invested in options — a strategy with a higher chance of either failing or making a killing. According to one associate, he also bought copper futures — an outright speculation.
—— "Buffett: The Making of an American Capitalist, Chapter 12" by Roger Lowenstein
Technical analysis remains popular among investors. Research indicates up to 40 per cent of foreign exchange traders see technical analysis as important for predicting price action over short time horizons. About one-third of equity fund managers utilise technical analysis, according to a major 2012 survey.![]()
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If I were on a desert island and allowed just one investment tool, it would be the chart.”
—— Bolton said
Mooers, what do you think of technical analysis for stock investment?![]()
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However, did you know that Warren Buffett used to speculate using derivatives such as stock options and commodity futures?
Warren Buffett purchased his first investment, Cities Services Preferred, at 11 years of age, buying three shares for $114.75. He sold these for a profit of $1.75 relatively soon after the acquisition. His next adventure in the market came in 1949. Buffett started using technical analysis to earn quick profits from the market on top of his other activities. This was mostly speculative trading.
He was hooked on share trading at this time. He tried all sorts of ways to make share trading work, from chart patterns to numerical patterns and 'odd-lot stock trading,' whatever that was. We can tell from this that Buffett had been speculating."
—— Glen Arnold's book, "The Deals of Warren Buffett, Volume 1: The First $100m,"
In the late seventies, he bought a few stocks for his own account. He was a bit more of a swinger with his personal money. For instance, in the case of Teledyne, Buffett invested in options — a strategy with a higher chance of either failing or making a killing. According to one associate, he also bought copper futures — an outright speculation.
—— "Buffett: The Making of an American Capitalist, Chapter 12" by Roger Lowenstein
Technical analysis remains popular among investors. Research indicates up to 40 per cent of foreign exchange traders see technical analysis as important for predicting price action over short time horizons. About one-third of equity fund managers utilise technical analysis, according to a major 2012 survey.
If I were on a desert island and allowed just one investment tool, it would be the chart.”
—— Bolton said
Mooers, what do you think of technical analysis for stock investment?
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Elon Musk is the richest person in the world, and he is now worth as much as Bill Gates and Warren Buffett combined! How crazy!![]()
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His net worth tops $230 billion, which equals around 876000 Ferrari 488s, or 250 million iPhones or 62.5 billion Big Macs!!!![]()
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Also, he wants Bezos to know he's No.1. LOL...![]()
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Musk has added more than $60 billion to his fortune this year thanks to the strong performance of $Tesla (TSLA.US)$ as well as a recent share sale at SpaceX which valued the company at $100 billion.![]()
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He's so successful in managing the company and making investments. I believe he is the best entrepreneur and investor! Even Bill Gates &his $Microsoft (MSFT.US)$ and Buffett &his $Berkshire Hathaway-A (BRK.A.US)$ can't be comparable!![]()
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Tell me your favorite CEO and his company if you disagree!
Rewards calling! Comment to win rewards!
Moomoo news team and I hold the event together for a month! I will post discussions every day and Moomoo news team will support the event with reward points! We will pick the top 2 'liked' and top 3 'insightful' comments every weekday& top 10 'liked' and top 10 'insightful' comments every weekend to be the winners.
For more details, click here.
Follow me to join the latest discussion!
Also, he wants Bezos to know he's No.1. LOL...
Musk has added more than $60 billion to his fortune this year thanks to the strong performance of $Tesla (TSLA.US)$ as well as a recent share sale at SpaceX which valued the company at $100 billion.
He's so successful in managing the company and making investments. I believe he is the best entrepreneur and investor! Even Bill Gates &his $Microsoft (MSFT.US)$ and Buffett &his $Berkshire Hathaway-A (BRK.A.US)$ can't be comparable!
Tell me your favorite CEO and his company if you disagree!
Rewards calling! Comment to win rewards!
Moomoo news team and I hold the event together for a month! I will post discussions every day and Moomoo news team will support the event with reward points! We will pick the top 2 'liked' and top 3 'insightful' comments every weekday& top 10 'liked' and top 10 'insightful' comments every weekend to be the winners.
For more details, click here.
Follow me to join the latest discussion!
![[Rewards Calling] Elon Musk is the greatest CEO and investor!](https://ussnsimg.moomoo.com/4563251728169564083.png/thumb)
![[Rewards Calling] Elon Musk is the greatest CEO and investor!](https://ussnsimg.moomoo.com/5417315979179241507.jpg/thumb)
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Columns selling the news
$Tesla (TSLA.US)$ 2 scenarios in this run up to earnings for TSLA .
1. TSLA beats analysts and does really well this past qtr but with the major disruptions in supply chains and China the past couple of weeks, people can begin to price in not so great numbers going into Q4 and take this opportunity to sell the news.
2. TSLA doesn't do as forecasted and undershoots analysts and performed not as expected, this will be followed by a little sell off once those are announced on WED, + supply chains will also be looked at and forecasted into future earnings going into Q4.
On the technicals we have 2 options as well thats being played out.
1. There was a little fake out in the wedge that has the solid base and upper trend and will resume to the downside effectively breaking down and out of that wedge .
2. TSLA is in a channel highlighted and at the very top looking at bouncing down towards the bottom of the channel line.
Bearish divergence on MFI and RSI and currently overbought on the RSI in all timeframes.
That's all folks
1. TSLA beats analysts and does really well this past qtr but with the major disruptions in supply chains and China the past couple of weeks, people can begin to price in not so great numbers going into Q4 and take this opportunity to sell the news.
2. TSLA doesn't do as forecasted and undershoots analysts and performed not as expected, this will be followed by a little sell off once those are announced on WED, + supply chains will also be looked at and forecasted into future earnings going into Q4.
On the technicals we have 2 options as well thats being played out.
1. There was a little fake out in the wedge that has the solid base and upper trend and will resume to the downside effectively breaking down and out of that wedge .
2. TSLA is in a channel highlighted and at the very top looking at bouncing down towards the bottom of the channel line.
Bearish divergence on MFI and RSI and currently overbought on the RSI in all timeframes.
That's all folks
![selling the news](https://ussnsimg.moomoo.com/1528747392690895216.jpg/thumb)
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$SGX (S68.SG)$ today market not so good, any chance to raise up again?
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