Goldman Sachs and HSBC are saying that funds and global investors are rotating out of US and Japanese stocks
To reposition on the Hong Kong stock market which appears to offer significantly better opportunity. Hong Kong listed companies mainly do business across Asia with limited interference from the Chinese government. Source: Bloomberg
Ethereum still consolidating but in discount zone
Ethereum (XETUSD) is still consolidating since March. It's now in discount zone (below 50% Fibonacci retracement). For the moment no signs of reverse but keep an eye at next support zone 2720-2800 and if that level doesn't hold next support could be arround 2240-2310. Source : Bloomberg
All of the Grants Given by the U.S. CHIPS Act 💻️
Source: Visual Capitalist
Coca-Cola reaching major supply zone
Coca-Cola (KO US) is reaching major supply zone 62.70-64.99 . Keep an eye at that level. Source : Bloomberg
MacDonald reaching strong support demand zone
MacDonald (MCD US) is reaching strong demand zone 245-262. Long term trend remains bullish. Keep an eye at this important level. Source : Bloomberg
US earnings season update >>>
Double beats are being rewarded by less than the historical average while double misses are being punished by more than usual. Source: BofA
Quote by Peter Lynch
Source: Invest In Assets 📈
Beware tesla shorts... the short interest is at 3-year high
Source: Bloomberg, www.zerohedge.com
