To The Moon

$Veeva(VEEV)$ has never exceeded beyond 7 x ATR% from 50-MA since 2018 (7 year ago). It's 5 x ATR% from 50-MA now after barely 2 weeks of consolidation since it's post earnings gap up. This is a text book flag based setup that many can be lured into, but it's extended based on historical mean. I have failed in a lot of such trades in my past and I can find lots of reason to forgo this idea, always seek reason not to trade. You also need to coupled with high relative volume and able to execute this trade below 60% LoD to increase your odds, if not it's not worth locking up your capital on such low ADR% name (u need almost 80% more capital than a 4.5% ADR idea to play this, u reduce your flexibility to take on new idea)ImageFor whom haven't open CBA

Trading is not a get rich scheme. Here’s what you need to do to succeed for $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ in 5 steps:1. Pick a set-up you like and test it so you are confident it works for the next 100 trades.2. Figure out what position size you need to take and where the stop losses should be to control risk. It should maximize your confidence level when you enter at the right time.3. Review your trades often to fix small mistakes and to gain confidence once you enter a trade.4. Surround yourself with strong traders and have mentors to help you fix your trading system and bad habits.5. Work on emotional control by writing down what you feel so you can fix your bad behaviour.For who

This week I covered the following topics:1. EM Equities: Remain bullish EM equities given improving technicals, decent reset+upturn in sentiment, cheap valuations, and still historically low allocations by investors (+rate cuts and weaker USD).2. EM Fixed Income: Remain bullish EM fixed income given promising technicals, cheap valuations + elevated real yields, ongoing rate cuts (and contained inflation), improved outlook for EMFX.3. Commodities: Remain bullish commodities given improved technicals, cheap valuations, upturn in sentiment and positioning, along side previously outlined macro/thematic +supply underinvestment case.4. GSV vs ULG: Remain bullish Global/Small/Value (vs US/Large/Growth) given extreme cheap relative value (and cheap absolute value), tentatively turning technicals (

Since January, Pop Mart’s stock has skyrocketed more than 200%, driven by IP mania (think Labubu and Molly) and massive FOMO. These cute figurines have become the "spiritual opioids" of China’s Gen Z. Resellers, scalpers, and livestreamers have all piled in. Even Chinese social media feeds are flooded with Labubu photos. $POP MART(09992)$ But things started cooling off on June 18, when Pop Mart restocked its red-hot Labubu 3.0 series. The secondhand price for a box of blind boxes (6 units) quickly collapsed from ¥1100–1500 to ¥600–900. Pop Mart’s stock followed suit, dropping 9% in two days, and over 11% on the week.Can Pop Mart keep going up? And if you’re bearish—how can you short it?Option 1: Shorting the Stock DirectlyThe most straightforward