Early this month, Tesla announced 4 to 9 percent price cut for their Model S and Model X, which are their two most expensive electric vehicles. According to Reuters, “Tesla slashed prices on its cars across all of its markets in January, offering discounts of up to 20% in what many analysts saw as the start of a price war by the electric vehicle market...
According to Bloomberg, European Central Bank annouced its commitment to keep inflation at 2 percent, implying that significant increase in interest rate is coming. the ECB president said. “We will stay the course to ensure the timely return of inflation to our target,” and “It is vital that inflation rates above the ECB’s 2% target do not become entrenched in the...
As China re-opening the border and eases the COVID restrictions, I am speculating that millions of tourists will splurge at travel companies. Within half an hour of China’s announced policy change, searches for travel abroad surged to a three-year high, according to Trip.com Group. As the travel volume goes back to normal due to Chinese money coming back in, I...
Based on similar news that China is re-opening to the world, it's expected that more people's movement will lead to more spending on leisure like eating out. According to Bloomberg, Morgan Stanley Joins Goldman in Bullish Call on Chinese Assets. As it's possible we're late for this news, the trade could be late, but as the suggested company is fundamentally sound,...
According to Reuters, "China Energy places an order to import Australian coal, sources say". If China's economy opens up, its construction industry will undoubtedly intensify. This will increase the demand for Coal. Additionally, as China lifts the ban on Australian coal, the biggest Australian Coal exporting company will most likely benefit from this shift,...
Oil price is increasing in anticipation of the OPEC+ meeting. The organization is expected to cut the supply by 2 million barrels a day, this is double the amount the original. In addition to that, the dire situation between Russia-Ukraine will make the market more volatile. Moreover, Chinese demand is rebounding as refineries rush to use quotas. According to...
Apple was projecting to upgrade its sales projections in anticipation of to release of the iPhone 14. But apparently, demand is not there according to Bloomberg. It could mean Apple's momentum is faltering, and as the smartphone market is expected to shrink by 6.5% this year to 1.27 billion units, the timing could work on our side.
Idea - 5 Hello all S&P500 retesting critical area / opportunity to short the index?
Risk appetite decreases throughout the market, safer options are getting more attractive. Further, the dollar is getting stronger as a safe haven currency. But the sentiment is much grimmer for crypto, which is the most volatile instrument. Recent development in Ethereum and updates in its system created certain hype fueled by the believers. But the market as a...
Idea - 4 Hi guys. it might be good time to short S&P500.
Idea - 3 Hello guys this is my prediction of 2022 recession.
Idea - 2 Hello everybody It is time to buy Paycom software, inc. I will buy when NYSE open (3-1ratio)
Idea - 1 Hello all. i'm bulliish on the Autodesk, inc. I will buy when NYSE open (3-1 ratio)