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Saitama-kun Private ID: 102750486
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    🌟 My personal review of the stock market in 2021 and love for 💕
    2021 is another year of intense volatility for global stock markets, just like 2020. So if this trend continues, we should all be prepared for more things in 2022. China subject stocks are still relatively weak, but I expect them to perform better together with the US stock market in 2022. I would like to provide some useful technical charts, but the best one so far (for me at least) is a psychological, persuassive and perspective chart. Below is a chart that is all in one: Happy New Year 2022! $Alibaba(BABA.US)$  $Futu Holdings Ltd(FUTU.US)$  $Futu Holdings Ltd(FUTU.US)$  $UP Fintech(TIGR.US)$  $Apple(AAPL.US)$  $NIO Inc(NIO.US)$  $Qualcomm(QCOM.US)$  $United Microelectronics(UMC.US)$  $Sea(SE.US)$  $Lucid Group(LCID.US)$  $Sono Group(SEV.US)$  $Rivian Automotive(RIVN.US)$  $JPMorgan(JPM.US)$  $Applied Materials(AMAT.US)$  $NVIDIA(NVDA.US)$ ...
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    After gapping lower on Dec. 20, the stock market has exploded higher. Even after last week's strength, the markets continued to power higher on low volume on Monday, Dec. 27. Let's look at a few top stock trades now.
    Top stock trades for today No. 1: S&P 500 ETF
    I don't normally lead off with the $SPDR S&P 500 ETF(SPY.US)$, but with the S&P 500 finally hitting new all-time highs, I figured it would be fitting.
    Before the open, I highlighted...
    4 top stock trades for Tuesday: SPY, QQQ, MU, ROKU
    4 top stock trades for Tuesday: SPY, QQQ, MU, ROKU
    4 top stock trades for Tuesday: SPY, QQQ, MU, ROKU
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    $Dow Jones Industrial Average(.DJI.US)$ Technology stocks turned higher in afternoon trading Wednesday after the Federal Reserve's policy statement penciled in three interest hikes in 2022. The Dow Jones Industrial Average was up 0.4%, with $Cisco(CSCO.US)$ leading the way, nearly 3%. Amid a lot of selling in the technology sector, Cisco stock is acting well as it holds above key support levels. It's also trading near a 58.73 buy point.
    As expected, the Fed quickened the pace of its tapering. Asset purchases will now decrease by $30 billion per month and likely come to an end in March.
    The Dow Jones is currently testing support at its 50-day moving average, while the S&P 500 holds above its 50-day line. The S&P 500 was up 0.5%, but $Eli Lilly and Co(LLY.US)$ , $Fortinet(FTNT.US)$ and $Pfizer(PFE.US)$ outperformed in the benchmark index. Eli Lilly stock jumped 9% and cleared a 271.21 entry, helped by bullish earnings guidance.
    Dow Jones Turns Higher After Fed Statement
    American companies are increasingly worried about Omicron. Several companies have changed their plans to normalize because of the omicron. $Alphabet-C(GOOG.US)$ told its employees they would have their pay cut and eventually fired if they didn't comply with the company's vaccination policy, while $JPMorgan(JPM.US)$ told its unvaccinated employees in Manhattan to work from home.
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    Blockchain offers banks a decentralized ledger. All the transactions of a financial institution are stored in multiple controlled-access computers creating a trail that no one can edit or delete. When a financial institution adopts Blockchain, the technology takes over most of the company’s workflows including record keeping, equity management, debts management, and cybersecurity.
    When Did Blockchain Enter the Financial Sector?
    Blockchain and Bitcoin came at almost the same time. Financial institutions were not ready to jump into the bandwagon but they later did. In 2015, NASDAQ conducted Blockchain share trading using their platform, Linq. This first trade made it possible for financial institutions to trust Blockchain and find ways to hop into the technology. Using the system, the NASDAQ opened doors for banks and financial institutions to use the ever-accessible Blockchain technology. Using Blockchain will reduce the operational costs of banks by more than 25 percent.
    After NASDAQ, several banks adopted Blockchain including: $JPMorgan(JPM.US)$ , $Goldman Sachs(GS.US)$ $Bank of America(BAC.US)$
    How are Financial Institutions Using Blockchain?
    Cross-Border Transactions
    Blockchain is actually capable of disrupting the whole banking system that we follow currently. Though not fully implemented by banks worldwide, some of the banks have started using Blockchain to complete transactions and perform cross-border payments now. In the past, cross-border payments have been a preserve of Swift and Western Union but now banks can use Blockchain to send money anywhere in the world.
    Removing Third-Parties from Stock Exchange and Share Trading
    The traditional process of a stock exchange is long with so many third-parties involved. This process can take more than 2 business days. With Blockchain, the unnecessary intermediaries do not have to be there as buyers and sellers can access trading from their computer anywhere in the world.
    Digital Identity Verification
    Identity verification involves many steps and takes some time to complete. Before a transaction goes through, the bank needs to perform either face-to-face verification through an online video call or at the counter, authentication after logging into a service, and authorization. Customers have to take all these steps for every financial service they use. However, with Blockchain, customers can re-use their identity across different platforms.
    Syndicated Lending
    Syndicated loans involve a group of banks lending to individuals. Due to the complex nature of the process, syndicated lending takes up to 19 days when banks use traditional lending means. Such banks face the challenges of customer verification. The banks also have to operate within the Bank Secrecy Act and the Anti-Money Laundering laws. As such, the bank is tasked with detecting, preventing, and reporting any money laundering-related activities.
    Accounting, Auditing, and Bookkeeping
    Accounting involves a lot of paperwork and the digital developments in accounting are slow. Regulatory requirements posit that financial institutions have to confirm data integrity and validity. With Blockchain, banks and other financial institutions can streamline compliance procedures and reduce cases of double entry in bookkeeping.
    Easy Access to Credit Reports
    Through a blockchain-based system, both Businesses and individuals can receive quick loans based on their previous credit and repayment history. In the traditional method, credit scores by credit report companies aren’t always accessible for smaller companies. These traditional methods are also not ideal as it involves paying a company to access its sensitive data. Through Blockchain, borrowers can make their reports accurate, transparent, secure, and shareable.
    Hedge Funds
    A hedge fund is a pooled fund or an investment partnership between a group of Institutional investors and a fund manager. Hedge funds maximize returns for the investors while minimizing losses. The number of hedge funds using cryptocurrencies has increased.
    Other Areas Where Blockchain is Used:
    Financial institutions also apply Blockchain in crowdfunding, peer-to-peer transfers, and in trade finance. More and more financial institutions are adopting Blockchain technology in their operations. However, some are still hesitant. The increasing number of blockchain-powered technologies will see financial institutions streamline their operations. Most of these technologies are disrupting the financial industry for good.
    (CR:Rithesh Raghavan)
    How Blockchain technology is transforming the financial services sector
    How Blockchain technology is transforming the financial services sector
    $Grab Holdings(GRAB.US)$ The agency's favorite thing to do is take the initiative to lower the price by controlling the stock price, and then they buy it back at a lower price! Diamond Hands! 💎💎💎💎💎💎🚀🚀🚀🚀🚀
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    $Apple(AAPL.US)$ Apple decided to increase its shipment target by 30% in the first half of 2022 to more than 300 million units a year, and has informed major component manufacturers of its supply and demand plans, asking for a resumption of iPhone production. $JPMorgan(JPM.US)$ raised its price target on Apple to $200 from $164.
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