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 AI revolution and weight loss drugs led bull market in US stocks in the first half of the year brought me approximately 40,000 Singapore dollars in total profits, outperforming the S&P overall. It's exciting, but it is important to actively summarize key trading experiences, improve and adjust trading strategies, and navigate through obstacles for investments in the second half of the year.
In a high interest rate environment, the market's upward momentum is mainly led by a few major technology companies. They share common characteristics of core competitiveness, strong profit-making ability, and ample cash reserves. Such companies must be included in investment portfolios. In a bull market, every pullback should be met with active adjustments through options combinations for additional positions.
This wave of AI leading companies, spearheaded by Nvidia, is fortunate. Currently, my largest source of profit comes from Nvidia. However, due to being overly conservative in strategy (earning option commissions by selling puts), I missed out on significant gains in the first half of the year. I believe that in the second half of the year, the AI wave will continue to lead the market. I will increase my position in Nvidia. The CUDA platform and the new Blackwell will tap into the 30 trillion computer deep learning market.
Weight loss drugs and the diabetes sector - Eli Lilly and Co and Novo-Nordisk are absolute top picks. Allocate some positions to these sector leaders; in the long run, it will not go wrong.
Investing the vast majority of money in funds is not a smart choice for a bull market. However, thinking in reverse, if the Federal Reserve starts a rate cut cycle in the second half of the year, where will the large amount of dormant cash deposits and cash funds in the market go? Apart from the US...

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...