To The Moon

The SEC has formally abolished the Pattern Day Trading (PDT) rule that had been in place for two decades. $Robinhood(HOOD)$ jumps 10% on the news! This is not just the disappearance of a number — it is the fifth major historic “opening of the floodgates” moment in the U.S. stock market over the past 50 years. But behind this newly opened door lies a question: is it gold, or a trap? For the past twenty years, U.S. retail investors were divided into two classes: Account > $25,000: You were free, with unlimited intraday trading. Account < $25,000: You were labeled as a “PDT” trader, allowed only 4 round trips within 5 days, and violations could result in account restrictions. Now, that wealth barrier has been shattered. The SEC no longer looks

Australia's leading corporations have delivered their financial results, with profits exceeding market forecasts. Notably, BHP and the four major banks reported earnings that significantly surpassed expectations. With only a few companies left to report, the ASX 200 index advanced 23.3 points, or 0.3%, to close at 9,168.60 points on Friday. This record finish contributed to an impressive 3.7% gain for the index over the month of February. Consumer Stocks Show Weakness While some sectors, such as consumer stocks including $JB Hi-Fi(JBHHY)$ and $Nick Scali(NCKIF)$, displayed weakness, the overall market sentiment was positive. Companies that disappointed investors, however, faced severe selling pressure.