$AUD/USD (AUDUSD.FX)$ Last week, the Australian dollar bulls performed well in defending the 0.6380 support level. This means that the Australian dollar/US dollar has stopped creating lower highs and lower lows for the first time since breaking below the 0.6900 level in mid-July.
Does this mean that the Australian dollar/US dollar is ready to show a call?Reversal?
Better-than-expected retail sales reports in Australia, as well as the China Ministry of Finance and State Administration of Taxation pushing for capital market boost by reducing stamp duty and margin requirements, may also provide support for the Australian dollar bull market.
And thenPowell's speech at Jackson Hole.He stated in his speech that he and his team will proceed with caution for the next monetary policy change, some traders believe this implies a less hawkish stance and a slight anti-dollar sentiment. During the holiday in the United Kingdom market, it may also be difficult for the Australian dollar/US dollar to gain bullish momentum.
Once the Australian dollar/US dollar remains above the 0.6490 resistance, consider buying. If unsure about a bullish reversal, consider testing the 0.6450 intermediate resistance and 0.6490 again.Enter a bullish trade at the resistance level.
The previous resistance area of 0.6600 may be a good profit target, but if there is enough momentum, you can also aim for the previously interested areas of 0.6700 or 0.6740.
Does this mean that the Australian dollar/US dollar is ready to show a call?Reversal?
Better-than-expected retail sales reports in Australia, as well as the China Ministry of Finance and State Administration of Taxation pushing for capital market boost by reducing stamp duty and margin requirements, may also provide support for the Australian dollar bull market.
And thenPowell's speech at Jackson Hole.He stated in his speech that he and his team will proceed with caution for the next monetary policy change, some traders believe this implies a less hawkish stance and a slight anti-dollar sentiment. During the holiday in the United Kingdom market, it may also be difficult for the Australian dollar/US dollar to gain bullish momentum.
Once the Australian dollar/US dollar remains above the 0.6490 resistance, consider buying. If unsure about a bullish reversal, consider testing the 0.6450 intermediate resistance and 0.6490 again.Enter a bullish trade at the resistance level.
The previous resistance area of 0.6600 may be a good profit target, but if there is enough momentum, you can also aim for the previously interested areas of 0.6700 or 0.6740.
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$Tesla (TSLA.US)$
The investment argument for FSD depends on approval from regulatory authorities
As Elon Musk emphasized in the recent FQ1 '23 earnings call,Tesla Inc. (NASDAQ: TSLA) remains the leader in the electric vehicle (EV) market in the United States and is expected to maintain this position in the foreseeable future. On September 5th, Tesla's stock price rose more than 5% during trading hours. On September 4th, Tesla performed well in the technology sector, with a 4.18% increase in stock price. The rise in stock price is attributed to Elon Musk's promotion of the company's future projects, such as the Optimus robot, on social media, as well as a series of upcoming technological innovations that provide new potential for growth.(nasdaq stock code:tesla) Once again launched an attack and re-promoted the availability of its fully self-driving (FSD) technology by 2023:
But the trend is very clear, moving towards fully autonomous and completely self-driving. As most investors are aware, since 2018、2019, 2020 and2021Since the introduction of Robotaxis, the CEO of TSLA has long touted the assumed availability of its FSD technology.Unfortunately, considering the reported false 2016 promotional video,optical devices are unfavorable to automakers, said Ashok Elluswamy, TSLA's Director of Autonomous Driving Software:
The purpose of this video is not to accurately describe the content available to customers in 2016. It is a description of the content that can be built into the system. (technology tightening.)
On the other hand, TSLA's FSD technology has made significant improvements in the past seven years, and since October 2020, the testing program has covered a driving distance of 0.15 billion miles.Mileage.
The auto manufacturer'sFSD update 11.4also has great potential, in addition to
The investment argument for FSD depends on approval from regulatory authorities
As Elon Musk emphasized in the recent FQ1 '23 earnings call,Tesla Inc. (NASDAQ: TSLA) remains the leader in the electric vehicle (EV) market in the United States and is expected to maintain this position in the foreseeable future. On September 5th, Tesla's stock price rose more than 5% during trading hours. On September 4th, Tesla performed well in the technology sector, with a 4.18% increase in stock price. The rise in stock price is attributed to Elon Musk's promotion of the company's future projects, such as the Optimus robot, on social media, as well as a series of upcoming technological innovations that provide new potential for growth.(nasdaq stock code:tesla) Once again launched an attack and re-promoted the availability of its fully self-driving (FSD) technology by 2023:
But the trend is very clear, moving towards fully autonomous and completely self-driving. As most investors are aware, since 2018、2019, 2020 and2021Since the introduction of Robotaxis, the CEO of TSLA has long touted the assumed availability of its FSD technology.Unfortunately, considering the reported false 2016 promotional video,optical devices are unfavorable to automakers, said Ashok Elluswamy, TSLA's Director of Autonomous Driving Software:
The purpose of this video is not to accurately describe the content available to customers in 2016. It is a description of the content that can be built into the system. (technology tightening.)
On the other hand, TSLA's FSD technology has made significant improvements in the past seven years, and since October 2020, the testing program has covered a driving distance of 0.15 billion miles.Mileage.
The auto manufacturer'sFSD update 11.4also has great potential, in addition to
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$ZIM Integrated Shipping (ZIM.US)$ rundown
Due to falling freight rates and the outlook for the container market, I don't expect ZIM's adjusted EBITDA and free cash flow even close to their levels in 2023.
The company was unable to pay a high dividend in 2023. However, you don't need to buy a stock just because the dividends are high.
The stock's current price is down 70% year over year, and 80% below its all-time high in March 2022.
ZIM's container capacity increased in the first quarter of 2023, and the company's chartering strategy enabled it
It can benefit from the improved market conditions expected in the second half of 2023 and the first half of 2024.
It is expected that by the second half of 2021, container freight rates will not even be close to current levels. In its 2020 financial results, ZIM Integrated Shipping Services (NYSE: ZIM) expects its adjusted EBITDA for the full year of 2021 to be between $1.4 billion and $1.6 billion. However, due to an unexpected increase in container freight rates, the company reported an adjusted EBITDA of $6.6 billion, 340% higher than expected. As container freight rates remained significantly high in the first nine months of 2022, the company reported an adjusted EBITDA of $7.5 billion in 2022. Due to high inflation, high energy prices, and declining consumer purchasing power, plus Hong Kong...
Due to falling freight rates and the outlook for the container market, I don't expect ZIM's adjusted EBITDA and free cash flow even close to their levels in 2023.
The company was unable to pay a high dividend in 2023. However, you don't need to buy a stock just because the dividends are high.
The stock's current price is down 70% year over year, and 80% below its all-time high in March 2022.
ZIM's container capacity increased in the first quarter of 2023, and the company's chartering strategy enabled it
It can benefit from the improved market conditions expected in the second half of 2023 and the first half of 2024.
It is expected that by the second half of 2021, container freight rates will not even be close to current levels. In its 2020 financial results, ZIM Integrated Shipping Services (NYSE: ZIM) expects its adjusted EBITDA for the full year of 2021 to be between $1.4 billion and $1.6 billion. However, due to an unexpected increase in container freight rates, the company reported an adjusted EBITDA of $6.6 billion, 340% higher than expected. As container freight rates remained significantly high in the first nine months of 2022, the company reported an adjusted EBITDA of $7.5 billion in 2022. Due to high inflation, high energy prices, and declining consumer purchasing power, plus Hong Kong...
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$Amazon (AMZN.US)$ “If the value of common stock falls by 50% in a short period of time and causes you extreme pain, then you shouldn't hold common stock.” —Warren Buffett
Easier said than done! The share price of Berkshire Hathaway (Berkshire Hathaway). BRK B shares — Buffett's investment group) have fallen 50% several times. As a result, Amazon's (NASDAQ: AMZN) stock price drop of 50% in 2022 is praiseworthy of historical significance. This isn't the first time since Amazon went public that its stock price has dropped by more than 50%. That's not going to make things any better.
So what really happened? Why did Amazon's stock price drop in the past 12 months while the stock market is underperforming? Investors are concerned about four key issues:
macroeconomic pressure on consumer e-commerce spending,
High costs have affected Amazon's e-commerce business and Amazon web services.
Amazon Web Services (AWS) growth is slowing, and
Stay away from high-growth tech businesses.
macroeconomic environment
Admittedly, the macroeconomic environment has deteriorated in 2022, and Amazon, like most businesses, is facing a more challenging business environment. Amazon is a leading e-commerce company in the US and many international markets (excluding China). Excluding AWS, its revenue far exceeds $400 billion. Eliminate...
Easier said than done! The share price of Berkshire Hathaway (Berkshire Hathaway). BRK B shares — Buffett's investment group) have fallen 50% several times. As a result, Amazon's (NASDAQ: AMZN) stock price drop of 50% in 2022 is praiseworthy of historical significance. This isn't the first time since Amazon went public that its stock price has dropped by more than 50%. That's not going to make things any better.
So what really happened? Why did Amazon's stock price drop in the past 12 months while the stock market is underperforming? Investors are concerned about four key issues:
macroeconomic pressure on consumer e-commerce spending,
High costs have affected Amazon's e-commerce business and Amazon web services.
Amazon Web Services (AWS) growth is slowing, and
Stay away from high-growth tech businesses.
macroeconomic environment
Admittedly, the macroeconomic environment has deteriorated in 2022, and Amazon, like most businesses, is facing a more challenging business environment. Amazon is a leading e-commerce company in the US and many international markets (excluding China). Excluding AWS, its revenue far exceeds $400 billion. Eliminate...
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