We are halfway through 2023 and so far, investors have navigated through a series of interest rate hikes, banking sector turmoil, and the rise of AI stocks. Despite concerns about a potential economic recession, the S&P 500 has reentered a bull market. Are you curious about the market's twists and turns? If so, click here to leave your burning questions in the comment section.
On July 21st, I will be hosting an AMA live stream where I will answer some of your questions. I'll also delve into t...

With VWAP it is important not just to look a whether the current price is above or below it, but what the slope of the VWAP line is. The slope provide a good indicator of momentum. Remember VWAP is based on historical data and is backward looking. The VWAP can also be combined with moving averages to create trading signals when the two lines cross. Bollinger Bands are another indicator that can be combined with VWAP. When actual prices are trading outside of the bands it is an indicator ...

Markets waivered immediately following the Fed’s decision on Wednesday, but ultimately bonds rallied and the stock market fell on expectations that the economy will fall into recession and the Fed will cut rates later this year. At least that’s what markets read into Fed Chair Jerome Powell’s comments. The Fed’s actual base case projection calls for another rate hike and then a pause. Markets are reversing a little bit of yesterday’s move premarket. Its still all about ...

Core CPI, ex-food and energy, was up 0.5% month-on-month, above the average economist’s forecast and the biggest advance in five months. Housing was a large contributing factor and a component that lags current conditions considerably.
Without the recent banking crisis, the Federal Reserve would most certainly continue to hike based on this hot data, but now it must account for the financial stability of the banking system in making its decision.
T...

The S&P 500 futures were higher immediately following the release of labor data from the US government for the month of February. The headline non-farm payrolls number was hotter than expected, but the unemployment, average hourly earnings and labor force participation data all suggested that the labor market may be cooling off. This led to lower bond yields.
Concerns over regional banks outweighed the employment data during the regular trading session which...

The S&P 500 is falling and bond yields are rising after Federal Reserve Chair Jerome Powell released his prepared remarks for his testimony before the Senate Banking Committee.
Powell said the current economic data is stronger than expected and that could mean a higher terminal rate than previously expected.
"If the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace of rate hikes," he rem...

Tesla shares closed lower by 5.9% on Thursday, its worst day since January 30th. The electric vehicle manufacturer is still up about 55% in 2023. A lack of new information: no new products, no financials and no concrete dates may have let down investors looking for more.
The view and opinions of the author do not reflect the views of Moomoo Financial Inc. or any of its affiliates. The views and opinions of the author are provided for informational purposes only, do not consti...

Here are a couple of great quotes from Berkshire Hathaway Vice chairman Charlie Munger from the letter:
“Patience can be learned. Having a long attention span and the ability to concentrate on one thing for a long time is a huge advantage.”
“You have to keep learning if you want to become a great investor. When the world changes, you must change.”
“If you don’t care whether you are rational or not, you won’t work on it. Then you will stay irrational and get lousy results.”
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While retail investors have spent record amounts on stocks at the beginning of the year, sentiment is beginning to turn. The bull-bear spread from the weekly American Association of Individual Investors (AAII) survey turned to a -17 in its most recent reading, the most bearish since the beginning of the year.
The view and opinions of the author do not reflect the views of Moomoo Financial Inc. or any of its affiliates. The views and opinions of the author ...