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Lenny Waite Male ID: 70820991
New energy is my only
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    $NVIDIA (NVDA.US)$ Pre-market is estimated to close at 121-126. After the market opens, it is expected to rise by 10-15 points, with volatility between 115-132. It is estimated to close sideways, with a decline in the overnight market and continue until tomorrow's closing. The volatility for the week is expected to be between 110-130, essentially flat.
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    $Richtech Robotics (RR.US)$ If this runs big, I'm cashing out and re-buying $TSS INC (TSSI.US)$ on a dip. Check it out!
    $PANDA (0290.BMS)$
    In the current situation of the large cap instability.
    The bottom structure has already appeared.
    I believe there will be a rebound market in a few months.
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    $iShares 20+ Year Treasury Bond ETF (TLares 2  Something to note. Price is very close to the previous, long-term descending channel going back to March 2020 (in blue) . On Moomoo, price shows as above the old support line, but on ThinkorSwim it is showing as still below it, just barely.
    Either way, I think it's close enough that confirmation is needed, otherwise it could reject. That said, there are a lot of economic and geopolitical factors that I believe could cause this to continue to rally a...
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    Federal Reserve Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact indications on timing or extent.
    “The time has come for policy to adjust,” the central bank leader said in his much-awaited keynote address at the Fed’s annual retreat in Jackson Hole, Wyoming. “The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlo...
    Jerome Powell : 'The time has come for policy to adjust’
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    99 Speedmart has a promising future, driven by several key factors:
    1. **Strategic Expansion**: The company has been rapidly expanding its footprint across Malaysia and other Southeast Asian markets. Its focus on small, easily accessible stores in both urban and rural areas positions it well to capture a broad customer base.
    2. **Affordable Pricing**: 99 Speedmart’s competitive pricing strategy appeals to budget-conscious consumers, especially...
    SUPPORT SUPPORT MR LEE (99 SPEED MART)!!!!!!!!!!!!!
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    (KUALA LUMPUR 22nd) Malaysian Sugar Factory $MSM (5202.BMS)$The profit was unsustainable. The net loss for the second quarter of fiscal year 2024 was 32.39 million7,000 ringgit, an increase of 55.63% compared to the same period last year!
    This is another time the company turned into a loss after 2 consecutive quarters of profit. Previously, the company had lost money for 8 consecutive quarters.
    The Malaysian Sugar Factory reported to the Malaysian Stock Exchange that revenue for the second quarter ended June 30 was 0.8 billion 33.07 million7,000 ringgit, an increase of 11.64% over the previous year.
    In the first half of the year ending June 30, 2024, the Malaysian Sugar Factory's cumulative net profit was RM9.31 million6,000, while the net loss for the same period last year was RM56.69 million2,000, which improved markedly. Cumulative revenue for the same period was 1.7 billion39.69 million1,000, up 30.38% year over year.
    Rising costs
    The company explained that higher average sales, combined with local subsidies, boosted revenue; however, higher raw materials, transportation costs, and a weaker ringgit still hurt the company.
    Looking ahead, global logistics and natural gas costs will remain high. The sugar industry will still face the challenge of high raw material costs, while raw sugar prices fluctuate due to international production.
    The group will continue to strengthen local and export markets while exploring other markets. However, geopolitical tension may lead to higher costs, and the Group is cautious about this.
    When the market closed, the Malaysian Sugar Factory reported RM1.48, a decrease of 0.5 cents or 3.27%, with a trading volume of 5.43 million2,600 shares.
    Source: Nanyang Siang Pao
    Disclaimer: This content is for...
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    The Malaysian sugar factory is losing money again!
    Canada's Big 5 banks earningsare on the way! How might the market respond to these results? Let's make a guess and earn rewards!
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    A number of Federal Reserve officials recently indicated that interest rate cuts may be imminent. Among them, hawkish figure and Minneapolis Federal Reserve Chairman Kashkari pointed out that the weakness of the job market may open the door to the September interest rate cut decision. Affected by this, the US stock market reacted positively, and all major indices closed higher each day. The Nasdaq and Russell small-cap stock indices rose more than 1%, and the S&P 500 index rose about 1%, driving 11 sectors to rise sharply. It is worth mentioning that the S&P 500 and NASDAQ indices achieved eight consecutive days of gains for the first time in the year. The cumulative increase during this period was nearly 8%, the best performance since March 2003.
    The chip stock index rose nearly 2%, and the China General Stock Index rose 1.4%. Nvidia rose more than 4%, with a cumulative increase of more than 24% over the past six days. Tesla also performed strongly, rising more than 3%. Berkshire Hathaway's stock price hit a new high. Meanwhile, as the Philippines reported its first case of monkeypox this year, monkeypox concept stocks rose sharply in early trading, although most of the gains narrowed by the close.
    At the macro level, investment heavyweights such as Buffett and Soros are reducing their positions. Among them, Soros also established hedging by buying put options. On the political stage, Trump proposed being willing to give Musk a cabinet position and criticized Google and preferential policies for electric vehicles. Vice President Harris proposed raising the corporate tax rate to 28% to return more capital to workers.
    The market is now closely watching Federal Reserve Chairman Powell's upcoming speech at the Jackson Hole annual meeting this Friday. Under this outlook, medium- to long-term US bond yields declined slightly...
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