Adrian Saram
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Adrian Saram
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$Tesla(TSLA.US$
Tesla moved in a downtrend channel from Jul 2023 after hitting 299.29. It bottomed at 138.803 in Apr 2024 when it rebounded from the bottom of the downtrend channel.
During May and Jun, it formed a bullish double bottom. Then it broke out of the downtrend channel in Jun.
Traders may want to push Tesla to rally to around 300. This may be a LIFO rally. It may be the last in to join the Magnificent 7 rally and the first out of the rally.
Tesla ra...
Tesla moved in a downtrend channel from Jul 2023 after hitting 299.29. It bottomed at 138.803 in Apr 2024 when it rebounded from the bottom of the downtrend channel.
During May and Jun, it formed a bullish double bottom. Then it broke out of the downtrend channel in Jun.
Traders may want to push Tesla to rally to around 300. This may be a LIFO rally. It may be the last in to join the Magnificent 7 rally and the first out of the rally.
Tesla ra...
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Adrian Saram
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$Faraday Future Intelligent Electric Inc.(FFIE.US$ The current mentality is to lose 5% to 10% at the top of the hand. If good news comes out tonight, the gain will be two to three times
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Adrian Saram
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$SUPERLN(7235.MY$ sell on news?
Rubber products manufacturer SUPERLN said its net profit jumped more than threefold for the fourth quarter that ended April 30, 2024 (4QFY2024), thanks to higher gross profit amid increased demand for its products and lower effective group taxation.
Net profit surged to RM2.05 million from RM608,000, as revenue climbed 26.4% to RM30.9 million from RM24.43 million a year earlier due to higher sales volume. The increase in pro...
Rubber products manufacturer SUPERLN said its net profit jumped more than threefold for the fourth quarter that ended April 30, 2024 (4QFY2024), thanks to higher gross profit amid increased demand for its products and lower effective group taxation.
Net profit surged to RM2.05 million from RM608,000, as revenue climbed 26.4% to RM30.9 million from RM24.43 million a year earlier due to higher sales volume. The increase in pro...
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Ta Ann is a Bursa Malaysia timber cum plantation company. Since Oct last year, its price had gone from about RM 3.30 per share to as high as RM 4.30 per share. Today it is down to RM 3.80 per share. Does this represent an investment opportunity?
I would consider Ta Ann a wonderful company in the Buffett sense. There were topline and bottom-line growths. It had diversified into the plantation sector delivered a big part of the growth.
The are signs of improving operating e...
I would consider Ta Ann a wonderful company in the Buffett sense. There were topline and bottom-line growths. It had diversified into the plantation sector delivered a big part of the growth.
The are signs of improving operating e...
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Supported by news that US core PCE inflation is cooling, the market's interest rate cut expectations have been raised to a certain extent. This has put pressure on the US dollar and US bond yields in the short term, and boosted the stock market at the same time. However, the overall decline in US stocks on the June closing day may be related to Goldman Sachs and J.P. Morgan's bearish attitude towards US stocks. Despite this, technology stocks, especially stocks driven by the AI boom, such as Nvidia, recorded significant gains in the first half of the year, showing the important position of technology stocks in the market.
The growth of the US core PCE price index in May slowed to its lowest level in nearly three years, indicating that inflationary pressure has abated, which is a positive sign for the market. However, some complex factors in the data, such as the continued rise in supercore PCE prices and the acceleration of revenue and expenditure, indicate that the inflation environment is still uncertain.
In terms of global stock markets, the increase in US stocks in the first half of the year was mainly driven by a few tech giants, which reflected the increase in market concentration. Meanwhile, the annual rebalancing of the Russell Index highlights the importance of these tech giants in global stock markets.
Political risk is also the focus of market attention. The French stock market and treasury bond market reflected market concerns about political uncertainty, particularly the far-right's performance in pre-election televised debates and the first round of voting. Furthermore, expectations of Trump winning the presidential election in the US political scene are beginning to affect market sentiment.
In the currency market, the continuous rise of the US dollar and the weakness of the yen show dynamic changes in the currency market, which have a direct impact on global trade and investment decisions. The crude oil and precious metals market...
The growth of the US core PCE price index in May slowed to its lowest level in nearly three years, indicating that inflationary pressure has abated, which is a positive sign for the market. However, some complex factors in the data, such as the continued rise in supercore PCE prices and the acceleration of revenue and expenditure, indicate that the inflation environment is still uncertain.
In terms of global stock markets, the increase in US stocks in the first half of the year was mainly driven by a few tech giants, which reflected the increase in market concentration. Meanwhile, the annual rebalancing of the Russell Index highlights the importance of these tech giants in global stock markets.
Political risk is also the focus of market attention. The French stock market and treasury bond market reflected market concerns about political uncertainty, particularly the far-right's performance in pre-election televised debates and the first round of voting. Furthermore, expectations of Trump winning the presidential election in the US political scene are beginning to affect market sentiment.
In the currency market, the continuous rise of the US dollar and the weakness of the yen show dynamic changes in the currency market, which have a direct impact on global trade and investment decisions. The crude oil and precious metals market...
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Adrian Saram
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$Crown Electrokinetics(CRKN.US$ everyone saying this is a pump and dump does this chart look like a pump and dump?? no I don’t think it does, actually looks like it’s building higher lows and pushing up. Stop being an emotional little baby and just chill and watch it go up..
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