as mentioned have always liked the market when it was down but yesterday, literally having to change direction and setup new portfolio because of Trump “winning” 😆
On the shopping list was to:
-buy crypto etfs and stocks $Coinbase (COIN.US)$ $Riot Platforms (RIOT.US)$ $VanEck Bitcoin Trust (HODL.US)$
-camped tesla $Tesla (TSLA.US)$ but at 12+ I’m a bit late to the party!!
-dump out cannabis and energy stocks (for now!)
-remain neutral on biotech
*nfa dyor😜

$Futu Holdings Ltd (FUTU.US)$ will hit 44 today

The past week has been a dark period in the history of crypto, with the total market capitalization of this industry dipping as low as $1.2 trillion for the first time since July 2021. The turmoil, in large part, has been due to the real-time disintegration of $Terra (LUNA.CC)$.
Last week, Terra has officially stopped block production as the blockchain's native token hit a low of $0.0003, near zero.
In a tumble start...

$Intel (INTC.US)$ $GE Aerospace (GE.US)$ $Visa (V.US)$
I'm snatching up good stocks when the price is right. I still see overvalued stocks, but starting to see stocks that could be a good buy stock soon.
It's still high, but I'm eyeing INTC, GE, V and maybe hoping for a pullback on LOW.

Weekly market recap
Stock futures fluctuated in overnight trading Sunday following a losing week as investors continued to grapple with the resurgence of Covid cases and an upcoming shift in the Federal Reserve's easy monetary policy.
The major averages are coming off a negative week, with the $S&P 500 Index (.SPX.US)$ declining 1.9%. The tech-heavy $Nasdaq Composite Index (.IXIC.US)$ dropped nearly 3% last week as investors dumped high-flying growth stocks on the prospect of higher interest rates, while the $Dow Jones Industrial Average (.DJI.US)$ slipped 1.7%.
Here's a look at the return of S&P 500 sectors
The week ahead in focus
Stock and bond markets around the world will be closed Friday in observance of Christmas. Before the holiday break, Nike and Micron Technology report on Monday, BlackBerry and General Mills on Tuesday, and CarMax, Cintas, and Paychex on Wednesday.
It will be a busy week of economic data releases. On Monday, the Conference Board publishes its Leading Economic Index for November, followed by its Consumer Confidence Index for December on Wednesday.
On Thursday, the Bureau of Economic Analysis reports personal income and consumption expenditures for November. Consumer earnings are forecast to have risen 0.6% while spending is seen climbing 0.5%. The Federal Reserve's preferred measure of inflation, the core PCE price index, is expected to have spiked 4.5% in November.
Also Thursday, the Census Bureau releases the durable goods report for November, which will provide a window into investment spending in the economy. New orders are forecast to have risen 2.1%. Housing-market indicators out this week include existing-home sales for November on Wednesday and new-home sales for November on Thursday.
Monday 12/20
$Micron Technology (MU.US)$ and $Nike (NKE.US)$ report quarterly results.
The Conference Board releases its Leading Economic Index for November. Consensus estimate is for a 119 reading, which would be 0.6% more than October's level. The Conference Board currently projects a 5% growth rate for fourth-quarter gross domestic product and a slower but still robust 2.6% for 2022.
Tuesday 12/21
$BlackBerry (BB.US)$, $FactSet Research Systems (FDS.US)$, and $General Mills (GIS.US)$ announce earnings.
Wednesday 12/22
The NAR reports existing-home sales for November. Economists forecast a seasonally adjusted annual rate of 6.4 million homes sold, slightly more than in October and the highest since the beginning of the year.
$CarMax (KMX.US)$, $Cintas (CTAS.US)$, and $Paychex (PAYX.US)$ hold conference calls to discuss quarterly results.
The Bureau of Economic Analysis reports its third and final estimate for third-quarter GDP. Economists forecast a 2.1% seasonally adjusted annual growth rate, unchanged from November's second estimate.
The Conference Board releases its Consumer Confidence Index for December. Expectations are for a 110 reading, roughly even with the November data. The index is 15% lower than the postpandemic peak reached in June of this year, due to concerns about rising prices and, to a lesser degree, Covid-19 variants.
Thursday 12/23
The Department of Labor reports initial jobless claims for the week ending on Dec. 18. Jobless claims have averaged 225,667 a week in November and December, and have finally reached prepandemic levels.
The Census Bureau reports new-home sales for November. Consensus estimate is for a seasonally adjusted annual rate of 770,000 new single-family houses sold, 25,000 more than in October. The median sales price of new houses sold in October was $407,700, while the average sales price was $477,800 -- both record highs.
The BEA reports personal income and consumption expenditures for November. Economists forecast a 0.6% monthly increase for income and 0.5% for consumption. This compares with gains for 0.5% and 1.3%, respectively, in October. The Federal Reserve's preferred inflation gauge, the core PCE price index, jumped 4.1% year over year in October, the fastest rate since 1991. Predictions are for it to spike 4.6% in November.
The Census Bureau releases the durable goods report for November. New orders for durable manufactured goods are expected to increase 2.1%, to $265.6 billion. Excluding transportation, new orders are seen gaining 0.6%, compared with a 0.5% rise in October.
Friday 12/24
U.S. equity and fixed-income markets are closed in observance of Christmas.
Source: CNBC, jhinvestments, Dow Jones Newswires

Many months ago, my sibling told me about MooMoo from the ads she saw. She described it as some sort of cute gamified App that could be related to trading and asked me to check it out as she knew i was doing some tradings. At that point in time, I was too invested via an old style trading platform in Singapore due to hearsay from a friend who constantly bombarded me with messages to invest with every cent I had into some SG stocks, which eventually turn out to be not profitable. It was a huge mistake by listening to that “advice” to only trade SG stocks using his recommended method for too long.
However, out of curiosity, I tried to trade some US and Hong kong stocks on my own using my new MooMoo account based on the timely news, analysis and useful tools within the Moomoo app. To my surprise, my investments performed much better than those “advised” by my friend on the old trading platform. And i got free shares too like $Apple (AAPL.US)$ share on this brand new trading platform.
With the cool features that Moomoo rolls out every now and then, i changed my trading mindset too when i can make more informed decision and ignore hearsay totally. Investment is now a more collective wisdom with the vibrant communities in Moomoo rather than depending on only few friends who gives errornous trading advices.
It was a wake up call from depending on manipulative hearsay because now we have Moomoo’s collective wisdom from users. Wishing FUTU a Happy 9th Birthday and to many more wonderful years with moomoo!
$Bank Of China (601988.SH)$ 
$STANCHART (02888.HK)$ 
$Pfizer (PFE.US)$ 
$Alibaba (BABA.US)$ 
$Tesla (TSLA.US)$ 
$Bank of America (BAC.US)$ 
$Lam Research (LRCX.US)$ 
$Micron Technology (MU.US)$ 
$SMIC (00981.HK)$ 
$DiDi Global (Delisted) (DIDI.US)$ 
$Alphabet-A (GOOGL.US)$ 
$Amazon (AMZN.US)$ 
$Netflix (NFLX.US)$ 
$Meta Platforms (FB.US)$ 
$NVIDIA (NVDA.US)$ 
$Meta Platforms (FB.US)$ 
$UP Fintech (TIGR.US)$ 
$Futu Holdings Ltd (FUTU.US)$

$Beyond Meat (BYND.US)$ Piper Sandler analyst Michael Lavery raised the target price of Beyond Meat (BYND.O) from $61 to $64, and upgraded the rating to neutral. The analyst said that industry insiders expect that at the end of the first quarter of 2022, the company will launch McPlant nationwide in the United States, which is earlier than previously expected. Piper Sandler has received generally positive feedback through limited channel surveys. Lavery said that the expected favorable factors related to McDonald's give us a better grasp of the target price-earnings ratio, and it is estimated that McPlant sales may reach 75 million US dollars. But he is still worried about price compression in food service and retail, and unfavorable profit prospects.
Article excerpted from the US Stock Research Agency

Hello everyone, I'm Lao Li
There is no market that only rises and does not fall, and there is no market that only falls but does not rise. The higher you jump, the more pain you will fall, and the deeper you squat, the higher and farther you will jump in the future.
Although today the market has set new lows again, this new low can be used as a starting point for the mid-term market. Because the pessimism is released more thoroughly, from the perspective of transaction volume, the market looks like funds will enter the market after the index is at a new low. If the market goes out of a big positive tomorrow, this will further stimulate the accelerated entry of incremental funds. .
It has a mitigating effect on the short-term liquidity of the market.
$Hang Seng Index (800000.HK)$ The Hang Seng Index rebounded again after a new low, and the short-term market wind has not changed. However, after the continuous decline in the market and the recovery of the external market, there is not much room for the index to fall, but the probability of a substantial rebound in the short-term is also not large. Yes, wait for the low position to converge and choose the main direction. At the technical level, the Hang Seng Index continues to remain in the downward channel, supporting 23,000 within the day, and 24,300 above pressure waiting for the direction to be selected.
$BYD COMPANY (01211.HK)$ BYD has completely reproduced Tesla’s trend of low and high. It should be noted that the valuation is too high in the short term. Secondly, although the industry’s prosperity does not change, the growth rate of performance affects the adjustment of valuation, and with the upstream The rise in prices squeezes downstream profits, and near the end of the year, there is indeed the possibility of high-low switching. The current price is high, waiting for the adjustment to end. If the intraday support 240 breaks to open up the downward space, the upward rebound pressure 280 is an upward trend line pressure. , Wait for the adjustment to be over.
$SMIC (00981.HK)$ SMIC continues to fall today, and still maintains yesterday's view. This decline was not caused by bad news, and the sentiment fell. Kdj diverged directly upwards, which is expected to form a golden fork to drive the stock price to usher in an anti-truck. The more and more carefully this location becomes a golden pit.
$PING AN (02318.HK)$  China Ping An continues to consolidate. It can be seen that China Ping An has obvious signs of strengthening recently, and does not follow the index fluctuations. After the negatives are exhausted, it is expected to correct the decline during the year. The daily support is mainly 55 bargain hunting, and the top is stable and 63 opens. Rebound space.
$TENCENT (00700.HK)$  Tencent continued its downward trend and tested the previous lows again in the short term. The current stock price remains fluctuating at the bottom edge of the box. However, it can be seen that the volatility of Alibaba  $BABA-W (09988.HK)$ ,   $MEITUAN-W (03690.HK)$ , and   $XIAOMI-W (01810.HK)$ has declined recently, and the fundamentals have been exhausted.
China's concept stocks are now on the left, and the odds on the left are enough, but it takes time to stabilize and move up, and try to buy as low as possible.

$Futu Holdings Ltd (FUTU.US)$
Bullish on the market tonight, with bullish news:

$Nokia Oyj (NOK.US)$ rebound