Competition Analysis | Who earned most in the US stocks Papertading Competition last week?
G'day mooers!
To utilize these extraordinary mooers by their trading strategies, here we output the Competition Analysis column, to boost the atmosphere of competition! Let's take a look at what they trade & how they trade⬇️
Last week, amid the continuous warming of expectations for interest rate cuts, the major indices of the U.S. stock market rose overall. The $S&P 500 Index (.SPX.US)$ rose by 4%; the $NASDAQ (NASDAQ.US)$ rose by 6%; the $Dow Jones Industrial Average (.DJI.US)$ rose by 4%. And the top three traders in the U.S. stock simulation trading competition won the competition with a return rate of 185.45%, 130.16% and 119.16%.
On September 9th, following the release of $Oracle (ORCL.US)$'s financial report, the stock price increased by 14% last week. The cloud revenue and the unexpected growth of OCI (Oracle Cloud Infrastructure), the new partnership with AWS, and the 53% increase in deferred revenue obligations were the highlights of Oracle's latest performance and one of the key factors driving the stock price increase.
One trader made a correct bet on the earnings report, buying Oracle's call options after the report's release. The stock price often fluctuates significantly after earnings reports, and risk-tolerant investors can amplify their gains by betting on earnings reports.
The continuous warming of market expectations for interest rate cuts has driven the $S&P 500 Index (.SPX.US)$ up by 4% last week. One of the top three traders profited by betting on the rise of the S&P 500 index, buying SPX CALL options.
Moreover, the unexpected increase in U.S. retail sales in August indicates a recovery in the spending power of American consumers, suggesting that the U.S. economy remains on a solid foundation for most of the third quarter. The current market expectation for a 50 basis point interest rate cut is about 55%. Assuming there is no risk of recession in the US economy, interest rate cuts are conducive to improving liquidity, and the valuation of growth stocks is expected to rise.
Gold prices continued to rise last week, benefiting from the Federal Reserve's interest rate cut expectations, strong central bank purchases, and robust buying in Asia. Geopolitical risks and uncertainties before the U.S. election in November have also supported gold's record-breaking rally this year due to safe-haven demand. Gold-related ETFs have also seen an increase, with a resurgence in demand for gold ETFs.
Global gold ETFs have seen inflows for four consecutive months, and one of the top three traders last week bought GLD call options to amplify the gains from the rise in gold prices.
Why hesitate to join the zero-risk competition? Optimize your understanding of moomoo product and your trading strategy in this competition, with a chance to get 10 shares of $NVIDIA (NVDA.US)$ for free! 🎁
Notes: This competition is only available for Australian users.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Kainchi : how long does it take Moomoo to show dividend credit into fund details.
Moomoo AU OP Kainchi : Dear Kainchi,
Regarding ASX stocks, the dividend arrival time is as follows: Share Registry shows the arrival time and processed on the same day, if you need to check the arrival time, you can go to Share Registry (www.linkmarketservices.com.au)
For US stocks, dividends typically arrive 1-2 trading days after the dividend payment date announced by the listed company.
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