To The Moon

ST Engineering anticipates a one-time gain of $48.1 million following the divestment of its joint venture in Shanghai. On November 17, the company announced it will sell its 49% stake in Shanghai...

UPDATE 2-White House says Alibaba is helping Chinese military target US, FT reportsAdds comments by Chinese embassy, White House declines to comment, paragraphs 7-9WASHINGTON, Nov 14 (Reuters) - Washi

ST Engineering's stock is soaring 3.02% in the pre-market session following the release of its impressive financial results and the announcement of a special dividend. The company's strong...

Treasury rates continued to rise after strong economic data and rising oil prices raised concerns that the Federal Reserve may need to keep interest rates higher for longer. The Dow and S&P posted their biggest one-day losses in four weeks.Overall trading in the S&P 500 options market showed a slightly bullish intent, but put open interest continued to grow well above call interest.Big players in the options market, mainly by taking long put options 460-500 spread portfolios, suggest they expect the S&P 500 to fall at least 3.6 percent over the next 24 days.Although the overall option trading intention is slightly bullish, the big users are clearly doing long-month put options and holding cautious and even bearish expectations for the future market.Details:SPY Option Evaluation

Have you got into the rhythm yet? First comes the Jobs reports at the start of each month, then Consumer reports and finally US Economic / Inflation report. After the Fed’s preferred Personal Consumption Expenditure (PCE) report is out at month-end, the cycle repeats all over again. Last week, in my post on overall US economic condition, (click here ! to read), things were looking up. The US stock market was charting new grounds: S&P 500 notched its best first quarter since 2019, with the index rising +10.2%. Meanwhile, both Dow & Nasdaq gained +5.6% and +9.1%, respectively. Unfortunately, on Mon, 01 Apr 2024, US market did a roundabout t

In the wake of the devastating earthquake that struck Taiwan on April 3, 2024, the semiconductor industry, including key players like $Micron Technology(MU)$, has been impacted. MU stock is seeing a rise, but it might not be because of the devastating earthquake in Taiwan. Taiwan's strongest earthquake in 25 years leaves nine dead, 1,000 injured Following the earthquake, Micron halted negotiations with clients regarding memory chip pricing. While this might suggest a supply shortage, it's more likely a strategic pause to assess the impact of the disaster on their operations. The memory chip market (DRAM and NAND) has been grappling with weak demand for weeks, even before the earthquake. While factory shutdowns due to the disaster might sound like a

The main event this week will be the Federal Reserve’s September policy meeting. Investors will also