Offshore
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The Long Investor
$MSFT so far we have our rejection at the top trend line and forming a small Head & Shoulders pattern.....losing the 50 Day MA at $392, could signal the start of the market correction.

$MSFT we continue to watch this closely, it has already rejected at the top trend line.

We can also see 5 waves in this Final Wave 5 too.

A break above the trend line and we get a market melt up.....otherwise, the correction begins.

$SPY $QQQ
- The Long Investor
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Offshore
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The Long Investor
$BTC needs a break above $53,000 and $57,000 is next.

Thank you to all who have followed us here from $16,000

$BTC is still showing another 10% climb to complete Wave 5 at $57,000, without going extended. - The Long Investor
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The Long Investor
$ETH every dip is being swallowed up.
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The Long Investor
"This is potentially a once-in-a-lifetime opportunity to buy China equities at valuation levels not seen for a long time," Jonathan Krane, CEO of China-focused ETF provider KraneShares, said in an email. $BABA $BIDU $KWEB

US asset managers ready for turn in China sentiment with products stacked up tradingview.com/news/reuters…
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Offshore
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The Long Investor
The US Total Market Cap typically moves in sync with Total Earnings & Total Revenue, when they start to diverge from each other, the market is showing that it is overheated

We can see how this happened on the chart below in 2021, which caused a correction

What is it showing now? $SPY
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The Long Investor
S&P 500 PE historical average is between 15-17.

Today, there are 360 companies with a PE above 17.

The belief that only the Top 7 companies are performing well right now, is simply not true $SPY
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The Long Investor
Big big week for $AAPL and $MSFT

Both hold the key to the markets direction
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Offshore
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The Long Investor
$AMZN

Bezos has sold $8.5 Billion worth of stock over the last month and the share price is up 12%

He still has $164 Billion worth of stock in $AMZN

He sold only 5%….and it was his first sell in 2 years.

Details matter
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The Long Investor
Simple investing rules I follow:

I Never:
- I never leverage
- I never short
- I never use options
- I never think short term
- I never use emotions to invest.

I Always:
- I always do a full analysis, both technically and fundamentally before I buy.
- I always DCA into a position (usually 5 buys of my total allocation)
- I have never rushed a buy, I usually take days, even weeks to finally buy.
- I would sooner rather let a stock run instead of chasing to buy (we always catch the pull back)
- I know that opportunities are available every day
- I know that discipline and execution is the difference between successful and unsuccessful investing. $SPY $QQQ $IWM
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BizToc
👉🏻 For more, visit biztoc.com and never miss a beat in the world of business news.
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BizToc
4) Saudi Industrial Surge —

Saudi Arabia witnesses a 10% surge in the number of factories, boosting its industrial landscape. #ManufacturingGrowth #SaudiIndustry
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BizToc
3) The AI Race Intensifies —

Mistral AI steps up, launching a new model to compete with GPT-4, sparking the AI revolution. #AIRivalry #MistralAI
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BizToc
2) Broadcom Divests to KKR —

Broadcom agrees to a $3.8B deal with KKR, offloading VMware's remote access biz. #TechShakeup #BroadcomKKRDeal
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