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The US annual inflation rate decreased for the fifth straight month to 2.5% in August 2024, marking the lowest level since February 2021, down from 2.9% in July and falling below the anticipated 2.6%. Month-over-month, the Consumer Price Index (CPI) increased by 0.2%, consistent with July's figures.
Additionally, while core inflation remained stable at a low not seen in over three years at 3.2%, the monthly rate of core inflation rose slightly to ...
Additionally, while core inflation remained stable at a low not seen in over three years at 3.2%, the monthly rate of core inflation rose slightly to ...
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Columns Recession trade begins
The market closed with a hanging neck line on Tuesday, and closed with a shooting star yesterday. After breaking through 5670, it quickly fell back. This is an obvious Bull Trap false breakthrough. The triple top should have come out. September has always been a big drop in presidential election years. Now it has only fallen by 0.14%, which shows that the next 10 trading days will definitely not be calm.
From historical experience, we can know that when the Federal Reserve ...
From historical experience, we can know that when the Federal Reserve ...
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![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined"){kind=small}
A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) is seeing a breakout from its flag pattern last week. This shows a positive trend of stronger buying momentum as indicated by share price above the key EMA20 line, together with strong buying interests (as indicated by the red bars below) for AZ. For the coming week, we expect AZ to continue to challenge its key resistance of $0.80 AND $1.00, giving a Risk-to-Reward (RR) of 2.3 times base...
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Zinger Key Points
– Agape ATP’s stock jumps after partnering with Xiamen Photons Solar to develop solar PV systems in ASEAN countries.
– The strategic collaboration aims to address grid stability and power supply issues while advancing Sabah's transition to clean energy.
Agape ATP Corporation ATPC shares are trading higher after the company announced it entered into a strategic collaboration with Xiamen Photons Solar Technology, focusing on developi...
– Agape ATP’s stock jumps after partnering with Xiamen Photons Solar to develop solar PV systems in ASEAN countries.
– The strategic collaboration aims to address grid stability and power supply issues while advancing Sabah's transition to clean energy.
Agape ATP Corporation ATPC shares are trading higher after the company announced it entered into a strategic collaboration with Xiamen Photons Solar Technology, focusing on developi...
Hey mooers, ![]()
Hope you guys did well in making money in the market.![]()
In the previous post looks like most of you had voted that meme stock is going to rise![]()
Unfortunately, time and time again, every earnings report we keep seeing disappointment after disappointment.![]()
So should we give up on meme stock?!
Personally in my opinion, meme stocks should not be a technical play, instead it should really be a...
Hope you guys did well in making money in the market.
In the previous post looks like most of you had voted that meme stock is going to rise
Unfortunately, time and time again, every earnings report we keep seeing disappointment after disappointment.
Personally in my opinion, meme stocks should not be a technical play, instead it should really be a...
+3
31
3
On September 12th, the U.S. Department of Labor released the Producer Price Index (PPI) data for August. The data shows that the PPI increased by 1.7% year-over-year in August, slightly below expectations, and rose by 0.2% month-over-month, slightly above expectations. Overall, the U.S. PPI growth was relatively modest, indicating that cost pressures are continuing to ease and inflationary pressures are subsiding.
After...
After...
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yes rate cuts is definitely good news...
my used to be 1+% housing loan interest jumped to 4+% during the covid period. happy to say I just reprice and 2years fixed interest is now 3%. at least a savings of $300 monthly.
sreits rising, bond fund rising... hopefully enough profits to push me to decide to cut losses in non-profitable stocks.
food prices shot up the most. so controlling where to go eat and what to eat. less drinks, more water, less desserts. less hotel buffets. more hotpot at home....
my used to be 1+% housing loan interest jumped to 4+% during the covid period. happy to say I just reprice and 2years fixed interest is now 3%. at least a savings of $300 monthly.
sreits rising, bond fund rising... hopefully enough profits to push me to decide to cut losses in non-profitable stocks.
food prices shot up the most. so controlling where to go eat and what to eat. less drinks, more water, less desserts. less hotel buffets. more hotpot at home....
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I think a key fact for next week's FOMC will be the SEP (Summary of economic projections) by the Fed. The median in the June meeting indicated just 1 cut. That will surely be adjusted but the question is will it be 3, 4 or 5 cuts this year.
$Invesco QQQ Trust (QQQ.US)$ $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$
$Invesco QQQ Trust (QQQ.US)$ $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$
$FRASERS CENTREPOINT TRUST (J69U.SG)$ next wk hopefully is a .25% cut instead of steep .50% ,then good momentum to go higher ya
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73029059 : One chart is awesome.
103306701 73029059 : May I know the meaning of this chart towards the market?
104668340 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Daring Lu : I see it as people selling their used cars to stay afloat.
new cars prices down too due to low demand.
prices of housing, food, and commodities are up since they are imported and necessities.
Logistic up since more demand to transport cheaper goods from Mexico and neighbouring countries. Oil drop should reduces the logistic but went up instead.
USD dropped so imported goods are more expensive.
More terrible days ahead, climate change will affect harvest, USD will drop more, biz cutting staff strength.....
This is how I interpret the data.
Donald Perkins : everything is still up in price. The only thing that is down are vehicles and auto makers are laying people off as car sales collapse as the average consumer is barely able to afford the essentials. The average consumer is swimming in credit card debt. What a wonderful economy.
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