Adam J
liked
I'm not that impressed by the CPI data out in Australia. It's directionally ok, with "trimmed mean" down to about 0.8% QoQ.
The MoM data is also out, and it's not that impressive.
I don't think it quite warrants a hike, but I also don't think inflation is solved yet.
But with retail sales collapsing, it's pretty obvs that all this inflation is being created by excessive govt spending.
Govt needs a holistic approach to this nonsense - which would be to
1. Cut rates
2. Reduce govt spending A LO...
The MoM data is also out, and it's not that impressive.
I don't think it quite warrants a hike, but I also don't think inflation is solved yet.
But with retail sales collapsing, it's pretty obvs that all this inflation is being created by excessive govt spending.
Govt needs a holistic approach to this nonsense - which would be to
1. Cut rates
2. Reduce govt spending A LO...
![Picture](https://sgsnsimg.moomoo.com/sns_client_feed/152339302/20240801/c111a6233ef44c1ea95a2dd18c223a1f.jpg/thumb?area=102&is_public=true)
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Adam J
liked
$GENM(4715.MY$ ontinues to drag down my overall portfolio profit. with 90% of my securities holdings placed in genting malaysia the sell down of genting malaysia this month pull down my overall profit
Nevertheless, l still choose to hold genting malaysia given its solid fundamentals, room for growth for Chinese tourists visiting malaysia which has yet to recover to pre pandemic level, decent dividend yield at around 5%.
entered $MALAKOF(5264.MY$ as I feel its business is...
Nevertheless, l still choose to hold genting malaysia given its solid fundamentals, room for growth for Chinese tourists visiting malaysia which has yet to recover to pre pandemic level, decent dividend yield at around 5%.
entered $MALAKOF(5264.MY$ as I feel its business is...
![July lacklustre month](https://sgsnsimg.moomoo.com/sns_client_feed/104491587/20240731/81d85134dc42051b8c2f3cc66094ebb3.jpg/thumb?area=104&is_public=true)
![July lacklustre month](https://sgsnsimg.moomoo.com/sns_client_feed/104491587/20240731/915429aee9c8b7e31a53cb459b02a189.jpg/thumb?area=104&is_public=true)
![July lacklustre month](https://sgsnsimg.moomoo.com/sns_client_feed/104491587/20240731/ca8825c0246e558a9fe40063b34bb31b.jpg/thumb?area=104&is_public=true)
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Adam J
liked
patient fishing , trend wont cheat , volume wont cheat . keep practice n learn from mistake .
all the hest trader .
all the hest trader .
![Picture](https://sgsnsimg.moomoo.com/sns_client_feed/102374358/20240731/135694ff716a63c8dc217d4e65917d9c.jpg/thumb?area=101&is_public=true)
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Adam J
liked
Adam J
liked
Discovering this app has been quite the journey for me. I decided to invest RM560,000, with RM510,000 from my EPF withdrawal and an additional RM50,000 from my savings, thanks to the support of a generous benefactor—my sugar daddy. With a keen interest in the data centre trend, I believed in the potential of Eco World $ECOWLD(8206.MY$ and leveraged my position with Warrant B $ECOWLD-WB(8206WB.MY$
Unexpectedly, within just two ...
Unexpectedly, within just two ...
![July P/L: a SugarBaby’s first month attempt to double my EPF money](https://sgsnsimg.moomoo.com/sns_client_feed/105643021/20240731/7994cb4bcaa4915a840a997b5f9e5108.jpg?area=104&is_public=true)
![July P/L: a SugarBaby’s first month attempt to double my EPF money](https://sgsnsimg.moomoo.com/sns_client_feed/105643021/20240731/345ec0c85bc4930ccfb361031ae2c94f.jpg?area=104&is_public=true)
![July P/L: a SugarBaby’s first month attempt to double my EPF money](https://sgsnsimg.moomoo.com/sns_client_feed/105643021/20240731/901fc6a45dd4e2c0193d38fd9b7785f1.jpg?area=104&is_public=true)
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Adam J
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After the US inflation data was released, US stocks closed higher across the board last Friday, which helped ease the market's expectations of interest rate cuts. Both the S&P 500 and Nasdaq indices have successfully stopped their continuous downward trend, although this is still the first time in nearly three months that they have declined for two consecutive weeks. The Dow Jones Industrial Average closed higher for four consecutive weeks, showing a relatively strong performance. Under the influence of the US core personal consumption expenditure (PCE) price index, US Treasury yields fell rapidly, and both ten-year and two-year yields hit one-week lows, reflecting the strong expectations of the market for future interest rate cuts.
The yen and the renminbi performed strongly last week, especially the yen, which rose more than 2% throughout the week, the biggest weekly gain in more than two months. Meanwhile, there were positive developments in the cryptocurrency market, with the price of Bitcoin climbing above $0.068 million, while Ethereum continued to be under pressure after experiencing a sharp decline last week.
The earnings season continues to influence stock market dynamics. In particular, tech giants' performance announcements have a significant impact on market sentiment. Tesla and Google did not perform well after last week's earnings report, and their stock prices plummeted by more than 8% and 6%, respectively. More tech giants such as Microsoft, Apple, and Meta will release earnings reports this week, and the market will keep a close eye on the possible impact of these reports.
In the commodities market, crude oil and gold prices fluctuated. The price of crude oil was close to a six-week low, while gold rebounded on Friday. This week, global financial markets will face many important events and the release of economic data, including the central bank decisions of the US, the UK, and Japan, as well as the US non-farm payrolls report, all of which may...
The yen and the renminbi performed strongly last week, especially the yen, which rose more than 2% throughout the week, the biggest weekly gain in more than two months. Meanwhile, there were positive developments in the cryptocurrency market, with the price of Bitcoin climbing above $0.068 million, while Ethereum continued to be under pressure after experiencing a sharp decline last week.
The earnings season continues to influence stock market dynamics. In particular, tech giants' performance announcements have a significant impact on market sentiment. Tesla and Google did not perform well after last week's earnings report, and their stock prices plummeted by more than 8% and 6%, respectively. More tech giants such as Microsoft, Apple, and Meta will release earnings reports this week, and the market will keep a close eye on the possible impact of these reports.
In the commodities market, crude oil and gold prices fluctuated. The price of crude oil was close to a six-week low, while gold rebounded on Friday. This week, global financial markets will face many important events and the release of economic data, including the central bank decisions of the US, the UK, and Japan, as well as the US non-farm payrolls report, all of which may...
Translated
20
Adam J
liked
The closing price on Friday was below 5470, and it will continue to fluctuate next week. Nvda and Nasdaq are still relatively weak, and the general market decline is not over. 106 is a relatively strong support. It is very likely that Nvda will fall below 110 to a position above 106 next week. If there is a big drop, everyone can buy on the dips
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4
Adam J
liked
ASTS is, I hope, just getting started. it has become my most profitable position across portfolios. To the stratosphere!
![SPACEMOB!](https://ussnsimg.moomoo.com/sns_client_feed/71684592/20240727/e6ba567b04df30a97e3be970d200d48c.jpg/thumb?area=100&is_public=true)
![SPACEMOB!](https://ussnsimg.moomoo.com/sns_client_feed/71684592/20240727/ba3af9683cf0fd118e20b0f71afbe70f.jpg/thumb?area=100&is_public=true)
![SPACEMOB!](https://ussnsimg.moomoo.com/sns_client_feed/71684592/20240727/b5db433ca2258029ca236c70d755b79f.jpg/thumb?area=100&is_public=true)
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Adam J
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Inching further into the GAP. Here are the levels to watch Monday.
Larger Image: tradingview.com...
$AVXL
Larger Image: tradingview.com...
$AVXL
![$AVXL Support / Resistance Levels](https://ussnsimg.moomoo.com/sns_client_feed/72897422/20240729/1722211139120-0c6a6e11cb.png/thumb?area=100&is_public=true)
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