This week's key economic data, US April CPI data, initial jobless claims, and the preliminary value of the May University of Michigan Consumer Confidence Index are all coming out in a cluster.
On the financial events front, Federal Reserve officials will take turns speaking, including Director Jefferson, New York Fed President Williams, Director Waller, and others. In addition, the risk of debt default is looming, and US President Biden will meet with four senior congressional leaders to discuss the debt ceiling issue.
In terms of financial reports, although the peak of the Q1 earnings season for US stocks has passed, some important companies are still releasing their performances, including Chinese concept stocks like Li Auto and JD.com. US new energy auto brands $Lucid Group (LCID.US)$ 、 $Rivian Automotive (RIVN.US)$ As well as the legendary investor Buffett's frequent bets on $Occidental Petroleum (OXY.US)$ Quarterly reports will be released post-market on Monday and Tuesday in the US.
On Monday, economic data is relatively flat, investors should pay attention to the US March wholesale sales monthly rate.
On the financial report side, $Palantir (PLTR.US)$ 、 $Lucid Group (LCID.US)$ 、 $PayPal (PYPL.US)$ will announce its financial results post-market.
On Tuesday, in terms of economic data, investors need to pay attention to China's April trade data, China's April trade data in US dollars, and China's...

$Beyond Meat (BYND.US)$ They have all been settled for more than a year and haven't exploded yet. Junk stocks

1. More Rational, Less Emotional - you will tend not to be affected by market volatility. This allows you to sleep better at night. Generally, long term investing is less stressful vis-à-vis trading
2. You don’t have to time the market - time in market over timing the market. And staying invested throughout will leverage on compounding interest. A lot of people underestimate the power of it.
3. Save time - when you don’t have to try to time the market, it saves a lot of your time as you don’t need to do research or watch the market movements daily
4. Lesser investment risks - a lot of people also underestimate this portion. Swing / day traders definitely face more risks. But that doesn’t mean their method is wrong/not good - these traders put in lots of time and efforts to manage the risk. Hence kudos to them. Everyone has their own plan and risk appetite, that’s all I can say
5. Be part of the company - by holding stocks over long term means you’re part of the company (in a way). You will grow with the company and join its journey to success (hopefully!)
6. Bonus: Make friends - you can meet like minded people and shout “to the moon” with the fellow long term stock holders :)
$Tesla (TSLA.US)$ 
$Microsoft (MSFT.US)$ 
$Apple (AAPL.US)$ 
$Advanced Micro Devices (AMD.US)$ 
$Disney (DIS.US)$ 
$NVIDIA (NVDA.US)$ 
$Rivian Automotive (RIVN.US)$ 
$Meta Platforms (FB.US)$ 
$Alibaba (BABA.US)$ 
$Futu Holdings Ltd (FUTU.US)$ 
$Grab Holdings (GRAB.US)$ 
$Salesforce (CRM.US)$ 
$CrowdStrike (CRWD.US)$ 
$Palantir (PLTR.US)$ 
$Lucid Group (LCID.US)$ 
$ChemoCentryx (CCXI.US)$ 
$ARK Innovation ETF (ARKK.US)$

$NIO Inc (NIO.US)$
$XPeng (XPEV.US)$
XPeng is looking to start deliveries of G9 SUV fitted with an advanced supercharger by 2H2022. BYD has the highest number of top-selling EVs in China, just reported its Nov new EVs soared 252.7% you to 90,121. BYD's Tang SUV is also already available in Norway, which coincidently is also the first international market that Nio entered.
Toyota Motors announced that it will invest $70b on all kinds of EVs 2022 and 2030, with half earmarked for electric EVs.
Chinese property developer Evergrande has defaulted on its debt payments, fueling fears of a potential property and financial crisis in China (Nio's largest market) that could stall the economy's growth.