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Applications for U.S. state unemployment benefits declined last week to the lowest level since 1969, illustrating difficulties adjusting the raw data for seasonal effects.
Initial unemployment claims totaled 184,000 in the week ended Dec. 4, down 43,000 from the prior period, Labor Department data showed Thursday. The median estimate in a Bloomberg survey of economists called for 220,000 applications.
Initial unemployment claims totaled 184,000 in the week ended Dec. 4, down 43,000 from the prior period, Labor Department data showed Thursday. The median estimate in a Bloomberg survey of economists called for 220,000 applications.
![Daily Poll: U.S. jobless claims decline to lowest level since 1969.](https://ussnsimg.moomoo.com/1639110017141-77777000-android-org.gif/thumb)
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$Grab Holdings (GRAB.US)$ lost more than one-fifth of their value on their first day of trading in New York.
Shares fell 21% to $8.75, giving Grab a market capitalization of roughly $34.6 billion.
The Singapore-based company in April agreed to combine with the SPAC $Altimeter Growth Corp (AGC.US)$ in a deal that valued it at close to $40 billion, setting a high-water mark for transactions involving blank-check companies.
Even though it does hold great potential, the reality is cruel. Its first-day performance didn't reach people's expectations.
What's the reason that caused it to drop? Would you like to tell about your observation?
Shares fell 21% to $8.75, giving Grab a market capitalization of roughly $34.6 billion.
The Singapore-based company in April agreed to combine with the SPAC $Altimeter Growth Corp (AGC.US)$ in a deal that valued it at close to $40 billion, setting a high-water mark for transactions involving blank-check companies.
Even though it does hold great potential, the reality is cruel. Its first-day performance didn't reach people's expectations.
What's the reason that caused it to drop? Would you like to tell about your observation?
![Daily Poll: Reality is cruel. Grab's first day didn't turn out well.](https://ussnsimg.moomoo.com/1638506160751-77777000-android-org.gif/thumb)
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$Grab Holdings (GRAB.US)$ hey hey just an advice, don't rush in to buy now as its just gambling right now. Overall market isn't looking too great right now too. Would advise to let it die down and wait for a few weeks before considering :) Its your decision in the end but just an advice yeah
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Columns How to trade Options
Welcome to Courses in Moo Community, we help you trade like a pro.
![How to trade Options](https://ussnsimg.moomoo.com/2021111900001888e16f6d15895.jpg/thumb)
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$Futu Holdings Ltd (FUTU.US)$ daily task haha pls like
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WALLSTREETBETS RUNDOWN: $ARTL Stock, $PPSI Stock, $RIVN Stock, $ANY Stock, $OPAD Stock, $ELDN
https://youtu.be/rs1y-mW5L3M
$Pioneer Power Solutions (PPSI.US)$ $Rivian Automotive (RIVN.US)$ $Apple (AAPL.US)$ $Sphere 3d (ANY.US)$ $Offerpad Solutions (OPAD.US)$ $WallStreetBets (BK2555)$ $Eledon Pharmaceuticals (ELDN.US)$ $Camber Energy (CEI.US)$ $AMC Entertainment (AMC.US)$ $SPDR S&P 500 ETF (SPY.US)$
https://youtu.be/rs1y-mW5L3M
$Pioneer Power Solutions (PPSI.US)$ $Rivian Automotive (RIVN.US)$ $Apple (AAPL.US)$ $Sphere 3d (ANY.US)$ $Offerpad Solutions (OPAD.US)$ $WallStreetBets (BK2555)$ $Eledon Pharmaceuticals (ELDN.US)$ $Camber Energy (CEI.US)$ $AMC Entertainment (AMC.US)$ $SPDR S&P 500 ETF (SPY.US)$
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$MEITUAN-W (03690.HK)$ $Tesla (TSLA.US)$ $Nasdaq Composite Index (.IXIC.US)$
RESONANCE:
In physics it means
A system is at a particular frequency
It becomes a bigger wave.
The same is true of the stock market.
The principle of periodic resonance
In the analysis of stock trend
Look at a cycle in isolation
May be too single for late trend analysis
For example, many, many investors refer to the stock trend is mainly daily cycle
But from the daily line trend analysis tends to diverge after doubts
The position through the day line level tangled sell or buy time
At this point we can open up the 30-minute period and 60-minute period morphology analysis
RESONANCE:
In physics it means
A system is at a particular frequency
It becomes a bigger wave.
The same is true of the stock market.
The principle of periodic resonance
In the analysis of stock trend
Look at a cycle in isolation
May be too single for late trend analysis
For example, many, many investors refer to the stock trend is mainly daily cycle
But from the daily line trend analysis tends to diverge after doubts
The position through the day line level tangled sell or buy time
At this point we can open up the 30-minute period and 60-minute period morphology analysis
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