Since the beginning of June, Bitcoin seems to be stumbling. Bitcoin's price remains on a downward trajectory, having declined by 17% over the past month to reach its lowest level since February 2024. Although the cryptocurrency has experienced a modest rebound of 1.33% in the last five days, this slight recovery is insufficient to counterbalance the significant losses incurred in recent weeks.
Demand has peaked, leading to an overabundance, a...

Good morning mooers! Here are things you need to know about today's market:
●S&P 500, Dow Jones, and Nasdaq Composite Indexes Rise on Second Day of Second Half
●Malaysia's Government Bond Supply May Slow in Second Half of 2024
●Malaysia Urgently Needs to Reform Fuel Subsidies to Meet Deficit Target, Says Citigroup
●Stocks to watch: Pertama Digital, KNM, AEON Co
-moomoo News MY
Wall Street Summary
On the second da...

The wave of AI revolution in US stocks in the first half of the year, and the bull market led by diet pills brought me a total profit of about SGD 42,000. The overall profit outperformed S&P, which is exciting, but I still need to actively summarize a few important trading experiences, improve and correct my trading strategies, and cut back on investment in the second half of the year.
1. In an environment of high interest rates, the upward momentum in the market is mainly led by a few major technologies. Their common characteristics are that their core competitiveness tends to be monopolized, profitability is strong, and cash is abundant. Such companies must be allocated to investment portfolios. Every time there is a pullback during a bull market, they should actively cooperate with the options portfolio to increase their positions.
2. This wave of leading AI companies led by Nvidia is fortunate that currently my biggest source of profit comes from Nvidia, but I missed the huge increase in the first half of the year due to being too conservative in strategy (selling and putting options with commission), but I think the AI wave will continue to lead the market in the second half of the year. I will increase my position on Nvidia. The Cuda platform and the new Blackwell will open up the 30 trillion computer deep learning market.
3. In the field of diet pills and diabetes, Eli Lilly and Novo Nordisk are the absolute best choices. Allocating some positions to leading stocks in this field will not be wrong in the long run.
4. Investing the vast majority of money in funds is not a smart choice for a bull market, but thinking the other way around, if the Federal Reserve starts a cycle of interest rate cuts in the second half of the year, then where will the large amount of dormant cash deposits and cash funds in the market begin? In addition to beauty...

Hi Everyone, I would like to share my trading journey with Moomoo. I have about 1 year experience starting off as a newbie. I believe I am still having beginner luck and took on leverage trades. I am wary about the next half of the year as with most traders, we start slowly, get exposed to leverage, start having some wins, and ultimately having big losses.
Hence, everyone need to be mindful of, as the complete story is not yet finished.
Sharing my ac...