Kenmi
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$S&P 500 Index (.SPX.US)$ ended at almost 14-month high on Monday after marking a gain of a little over 20% from its Oct. 12, 2022 finish, which was the lowest close since the start of the bear market last year.
Under the criteria used by many market watchers, this 20% rise from the recent low signals that the S&P 500 has entered a bull market.
The threshold for declaring bulls and bears is arbitrary. Some mark...
Under the criteria used by many market watchers, this 20% rise from the recent low signals that the S&P 500 has entered a bull market.
The threshold for declaring bulls and bears is arbitrary. Some mark...
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Kenmi
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Kenmi
voted
There are thousands of ways to help someone become a great investor; virtue is definitely one of them.
It's the thing that could make your investment journey an easier road to travel.
So what kind of virtues do you have?
It's the thing that could make your investment journey an easier road to travel.
So what kind of virtues do you have?
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Kenmi
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$Tesla (TSLA.US)$ jump more than 8% on Monday, following news that the company is considering another stock split.
Its current price doesn't seem very friendly for retail investors to buy. But do you know it is actually much cheaper than two years ago?
In August 2020, the EV company split one share into five shares.
If Musk didn't decide to split the stock, Tesla's stock price would be worth almost $5500 a share now.
Let's assume that the stock split n...
Its current price doesn't seem very friendly for retail investors to buy. But do you know it is actually much cheaper than two years ago?
In August 2020, the EV company split one share into five shares.
If Musk didn't decide to split the stock, Tesla's stock price would be worth almost $5500 a share now.
Let's assume that the stock split n...
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Kenmi
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President Joe Biden is expected to propose a new minimum tax primarily aimed at billionaires when he unveils his 2023 budget, according to a document obtained by CNBC.
Dubbed the "Billionaire's Minimum Income Tax," it would tax U.S. households worth more than $100 million at a rate of at least 20 percent. More than half of the revenue may come from businesses worth more than $1 billion.
"This minimum tax will ensure tha...
Dubbed the "Billionaire's Minimum Income Tax," it would tax U.S. households worth more than $100 million at a rate of at least 20 percent. More than half of the revenue may come from businesses worth more than $1 billion.
"This minimum tax will ensure tha...
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Kenmi
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I think Elon has been hitting the ganja again. Early this morning he challenged President Putin to “single combat.”
Musk isn’t the first person on Twitter to threaten to beat up Putin but because it’s him and not some rando this tweet has about 43,000 retweets and 275,000 likes. Musk implied his size and age would be enough to determine the outcome.
He also referred to a previous fight with a Sumo wrestler which…he lost.
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Musk isn’t the first person on Twitter to threaten to beat up Putin but because it’s him and not some rando this tweet has about 43,000 retweets and 275,000 likes. Musk implied his size and age would be enough to determine the outcome.
He also referred to a previous fight with a Sumo wrestler which…he lost.
...
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Kenmi
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U.S.-listed Chinese stocks sank again on Tuesday. The Hang Seng China Enterprises Index posted its biggest drop since November 2008, while the Hang Sang Tech Index tumbled 11% in its worst decline since the gauge was launched in July 2020.
It seems tempting to call for a bottom after such a heavy selloff.
Do you think the valuation is low enough to buy?
It seems tempting to call for a bottom after such a heavy selloff.
Do you think the valuation is low enough to buy?
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Kenmi : Hope things get better