Posts
Why dip buying is fuelling the sell-off
My personal opinion on one of the driving forces behind the selloff outside of geopolitical issues is.. Retail (especially in Korea and the U.S) keeps buying the dip & keeps buying these leveraged ETFs on the dip hoping for the bottom. The problem is.. When retail aggressively buys the dip, …
‘My life’s screwed’: Korean investors stress out after AI bubble bursts - FT
Song Mi-kyung pocketed a profit of about Won300mn ($200,000) earlier this year as South Korea’s stock market surged on the AI boom. The 60-year-old Seoul resident has now found out the hard way that stocks can go down as well as up after a wild week on the Kospi. Her …
Samsung Electronics second-quarter operating profit beats estimates on soaring AI chip demand
Microsoft earnings report going well
SpaceX gets $1.6 billion US Space Force order for 18 Falcon 9 launches
Chipotle hikes same-store sales forecast as diners return for burrito bowls
Is it insider trading if..
Is it insider trading if I'm sat behind someone on the train whilst they're on their laptop creating slides for "Project Aqua", a plan to reduce roles by 25%, and hopefully save millions. If i then went on to buy this stock of a large UK retailer based this information …