A mysterious pneumonia outbreak in northern China since mid-October is causing global concern, particularly in the aftermath of the Covid-19 pandemic. The World Health Organization (WHO) has taken note of the situation, requesting additional data from China on the respiratory illnesses spreading in the region. I hope this is not going to be another COVID........ https://economictimes.indiatimes.com/news/how-to/another-mysterious-virus-spreading-in-china-who-seeks-report-here-is-all-you-should-know/articleshow/105444117.cms

- Earnings: $4.02 per share, adjusted, vs. $3.37 per share expected - Revenue: $18.12 billion, vs. $16.18 billion expected - The company called for a negative impact in the next quarter because of export restrictions affecting sales to organizations in China and other countries.

https://www.cnbc.com/amp/2023/11/17/sam-altman-leaves-openai-mira-murati-appointed-interim-boss.html Wonder if this will affect MSFT stock, which is already near upper BB. Unfortunately I only learned about it after 5 pm.

In the last two months, I mentioned to you a few times about the market turning point coming in October. As we step into November, the market is overall bullish. Some of my positions are already up 10-20% as I entered near the bottom as much as possible. So now, we wait. Entering is simply the first step of investing. What we are looking for is to capture majority of the bull wave. Waiting is what makes you the most money (not jumping in and out of the market) Getting into great companies at a discount can significantly increase your return. But waiting and capturing the majority of the bull wave with a good exit is just as important.​ I expect the market to continue to be bullish (Santa Rally) for the rest of the year Cheers, Eric Seto, CPA, CIM ----- In November, my goal is to help 20 people without a financial background to master investing Investing Accelerator is designed for people without a financial background. Here's the link to the webinar: https://bit.ly/3i9QT1V We focus on developing financial independence, where you have the ability to invest to earn a higher return. The goal is to achieve 30% return per year. In the first phase, you will learn long term investing and targeting 30% for tax free compound growth. This will help accelerate your overall wealth. In the second phase, you will learn monthly passive income to provide a more predictable cash flow (target 30% per year) which can cover your expenses such as mortgage, utilities, car payments. This will help accelerate your retirement goals. If you are interested, then let's hop on a call to see if you can benefit from the strategies in Investing Accelerator and get 30% per year. During the call, we will map out exactly how you can achieve 30%, what you are lacking, how you can improve. Here’s the link to schedule a call: https://bit.ly/3R8Z5ho

Anyone know what is going on with the recent run up in Costco and the pullback this week? Was curious of the increased volatility in that name.