NewPower
NewPower
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avatarNewPower
2021-12-23
$Palantir Technologies Inc.(PLTR)$I believed in this stock. Planning to add when below 18. 
avatarNewPower
2021-06-20
Trade very cautiously both in the stock market and cryptocurrency. Historically there were a few times Bitcoin crashed to almost 90%. For stocks, Dow Jones had shown multiple divergence since 6 months ago. Divergence in the bull market represents that the bull is losing its momentum although it does not means it is coming down anytime soon. What this means is don't get too complacent, make calculated risk with our investment and keep tracking and studying so that we will be aware whenever their is a major shift in the market trend and dynamic. Cheers!
A Stock Market Crash Is Coming: 5 High-Conviction Stocks to Buy Hand Over Fist When It Happens
avatarNewPower
2021-06-19
The stock market seems like about to turn bearish soon. Be very cautious and profit take or put stop loss if possible. The upside seems limited. Better to stay at the sideline and stay cash. Cheers!
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avatarNewPower
2021-06-15
I am still confident about the long term prospect of cryptocurrencies (and bearish on the short term prospect). However crytos remind me of the dotcom bubble burst in the early 2000s and thus eventually only a few cryptocurrencies will survive and thrive, just like only a few internet companies had survived the burble bursting and thrived. I personally believe the eventual winners are most probably bitcoin and ether and these are the crytos that I will buy and hold. Buy crytos only if we are afford to lose everything and don't buy crytos with leverage. Be accountable with our own trade and cheers!
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avatarNewPower
2021-06-12
In my opinion, S&P 500 had reached the selling zone (4200 to 4400) indicating possible correction around 10 to 15% in the coming months.During the last global financial crisis 2008 as well as Covid-19 last year, the bull market had been triggered by monetary policy by Federal Reserve (interest rate near to zero & Quantitative Easing) and fiscal policy (stimulus packages by US government). Thus the biggest worries for market now is the possible increase in interest rate (due to high inflation rate) and the slow down in bond buying by the Federal Reserve (due to good economy data). The market also worry about Republican party resistance to the Biden's fiscal policy. Therefore if the market correction did occured, all these worries by the market can
S&P ekes out gains to close languid week
avatarNewPower
2021-06-08
Tesla is definitely one of the 3 stocks that I am willing to buy and hold. The recent turbulence in Tesla share price was partly caused by the incidents in China that affected sales in April. However their are many reasons that the Chinese government still needs Tesla in China (or even hoping Tesla will expand its factory in Shanghai) and the rising sales figures in May showed that the problems Tesla faced in China is temporary settled. Tesla is also making it's manufacturing globally with the impending factories In India and Russia. With it's expertise and technology far ahead of its competitors, I really can't see any challenger for Tesla. Cheers!
EV Stocks: What You Should Buy and What You Should Sell
avatarNewPower
2021-06-07
Their is good chance that the US GDP growth this year will exceed that of China. I personally believes US GDP this year will be around 8% while China is targeting over 6% this year. The main reason being while US had made mistakes handling the pendemic (US CDC slow in testing, not wearing masks etc), President Trump had made all the right decisions economically eg. stimulus packages especially saving the SMEs thus saving jobs. On the other hand, China had been strong in handling the pendamic but China had not save the SMEs causing permanent job lost. Thus the recovery in US will be robust while in  China will be moderate. Cheers!
Is there a labor shortage? What the May jobs report tells us
avatarNewPower
2021-06-05
The stock market just entering the second stage of bull market which can last from 9 months to 2 years. I am still expecting 10 to 20% correction during this stage of bull market. Be patient and wait for the right time to buy stock. I believe the bottom has not come yet and might be the calm before the storm. The current meme stocks euphoria might be one indication of the upcoming market correction. Be accountable with our own trade and cheers!
The S&P 500 would be below 1,600 without these 3 pillars and those supports are now weakening
avatarNewPower
2021-06-04
I am bullish with the long term prospect of Apple and in my opinion Apple is the best 5G stock to buy and hold. I am also confident with the Apple EV and autonomous car considering Apple will have the best combination of hardware (partnering with major carmarker) and software (IOS). The other stock I am bullish long term is TSMC since Semicondutor s are the 'new oil' and TSMC is the leader and world's  largest semiconductor foundry, well ahead of its only two competitors (Samsung and Intel). I will buy and hold TSMC for long term. Cheers!
Where Will Apple Stock Be In 10 Years? What To Consider
avatarNewPower
2021-06-03
I am bullish with the gold at the moment since I am bearish with the US dollar after massive qualitative easing last year in response to the Covid-19 and with FED projecting that the interest rate with remain close to zero until at least the year 2024. I will only change my view on gold if the FED start tapering or start increasing the interest rate. In fact gold had breached its all time high last year and since then taken a breather. However it seem like it is moving again. I am only holding gold etf and cash at the moment in anticipation of the correction. Trade cautiously and be accountable with our own trade. Cheers!
Gold Holds Near Five-Month High as Investors Weigh Fed Speak
avatarNewPower
2021-05-31
I am bearish with the short term price movement of cryptocurrencies eg. bitcoin and dogecoin. The reason being the uptrend prices rise too steeply causing many investors especially the newbies being trapped (they will be readily liquated their holdings when prices rise). Another reason being the downward price movement is too impulsive causing many leverage positions being closeout. It is slightly better for ETH. However the best case scenario in short term is for ETH to go sideways with strong support at 1900. Be accountable with our own crypto trade, trade cautiously and trade only with money you afford to lose. Cheers!
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avatarNewPower
2021-05-30
I am bullish with the long term prospect of 5 G stock eg. Apple, cryptocurrency eg. Bitcoin and digital wallet eg. PayPal. I am also bullish with the semicondutor company eg. TSMC and EV and autonomous driving company eg. Tesla. However currently I am only holding cash and gold etf because I believe there will be potentially 10 to 20% correction in the coming months. Trade cautiously and Cheers!
Apple Looks to Create Partnerships in the ‘Alternative Payments Ecosystem’
avatarNewPower
2021-05-28
In my opinion, now is not the time to buy stockbecause the market correction is still underway. I will be patiently waiting at the sideline since now might be the calm before the storm. Cheers!
Wall Street ekes out gain as weekly jobless claims fall
avatarNewPower
2021-05-27
I am bullish on Apple and will keep accumulating whenever the price is down mainly because the Apple car is reportedly being planned for production in 2024 and Apple is seeking to get into the self-driving electrical vehicle market. I am confident in Apple since Apple will have the combination of strong hardware (partnering with car manufacturer) and software (iOS operating system). Cheers!
Apple CEO Tim Cook is right — A more open iPhone could carry a hidden cost for consumers
avatarNewPower
2021-05-26
From the charts, I am bearish with the current market correction and the crypto crash while I am bullish on the commodities and gold. Trade with a plan and keeps the trading record in the trading journey. Be accountable with our own trade and trade safely. Cheers!
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avatarNewPower
2021-05-25
I am still confident about the long term prospect of cryptocurrency despite the crash. My strategy is buy gradually when crashing 50 to 90%, sell some to recover the buying cost when prices shoot to the moon. In this way the remaining coins are actually free and can be kept long term. Most of the cryptocurrencies are like gambling stocks thus only trade whatever you afford to lose. Trade cautiously and trade safely. Cheers!
Crypto investors to Elon Musk: Please stop tweeting!
avatarNewPower
2021-05-23
I believe the correction is not over yet. During the second stage of bull market, the correction can range from 10 to 20%. Be patient and stay on sideline to watch. Trade cautiously. Please comment. Thanks. 
Tech Stock Crash -- Buy These 2 Growth Stocks on the Dip
avatarNewPower
2021-05-21
Gold is the defensive asset. During the second stage of bull market, it is better to buy some defensive asset like gold and REITs since historically, thee will go up during this stage of bull market. Please comment. Thanks.
Gold is still ‘relatively cheap’ and could surge back toward its all-time high, strategist says
avatarNewPower
2021-05-19
Despite most of the companion reporting better than expected earning results, the major indexes change little or even going down. The correction underway has more room to go down. Be patient and trade cautiously. Please comment. Thanks. 
Wall Street closes lower on weak telecom stocks despite strong retail earnings
avatarNewPower
2021-05-17
While many propagate buying the stocks at the red or even at historical low while the market is rising, it is better to buy the stocks rising while the market is down. In other words, buy strong stocks with momentum instead of buying weak stocks with low energy. Please comment and thanks.
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