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Wow, Moofest 2024 was an absolute blast! I can't believe how quickly the day flew by. As a second-time attendee, I have to say this year was even MORE BIGGER AND LIVELY than the last! 🎉But there are some areas to be improved too!
One of my favourite moments was visiting every booth to collect stamps for the grand lucky draw card. Not only was it interactive at some booths, I also received some super useful freebies like FairPrice vouchers from AlphaInvest, ...
One of my favourite moments was visiting every booth to collect stamps for the grand lucky draw card. Not only was it interactive at some booths, I also received some super useful freebies like FairPrice vouchers from AlphaInvest, ...
![Enjoyable Moofest 2024 Experiences :>?](https://sgsnsimg.moomoo.com/sns_client_feed/102815145/20240707/1720356544600-30e59645da.jpeg/thumb?area=101&is_public=true)
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🎉 Glad to inform SG mooers 🎉
The wait is almost over—just the last day to go until MooFest 2024!
>> Grab the last chance to joun us<<
We’re excited that you’ll be joining us for MooFest 2024, happening TOMORROW! We’ve planned an incredible day filled with activities for you to have fun and learn more about investing. To make sure that you're ready for a fantastic time, here is some important information you need.
📅 Date: 6 July 2024 (Tomorrow)
⏰ Time: 9am - 6pm...
The wait is almost over—just the last day to go until MooFest 2024!
>> Grab the last chance to joun us<<
We’re excited that you’ll be joining us for MooFest 2024, happening TOMORROW! We’ve planned an incredible day filled with activities for you to have fun and learn more about investing. To make sure that you're ready for a fantastic time, here is some important information you need.
📅 Date: 6 July 2024 (Tomorrow)
⏰ Time: 9am - 6pm...
![Last Day to go to the MooFest 2024!](https://sgsnsimg.moomoo.com/sns_client_feed/101000100/20240705/1720156051521-49c6c807b5.jpeg/thumb?area=101&is_public=true)
![Last Day to go to the MooFest 2024!](https://sgsnsimg.moomoo.com/sns_client_feed/101000100/20240705/1720156097582-feb99ce863.jpeg/thumb?area=101&is_public=true)
![Last Day to go to the MooFest 2024!](https://sgsnsimg.moomoo.com/sns_client_feed/101000100/20240705/1720156063512-9d5f2bc730.png/thumb?area=101&is_public=true)
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The stock market has gotten obliterated in a widespread selloff this month. When will the stock market hit bottom?
Every investor is waiting for the stock market rebound, and here it came.
But is it the end bear market?
Or just another fake hope?
Every investor is waiting for the stock market rebound, and here it came.
![Daily Poll: Bounce back or fake hope?](https://ussnsimg.moomoo.com/1653578767333-77777000-android-org.gif/thumb)
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Hey, mooers! Here are things you need to know before the opening bell:
Market Snapshot
Stock futures traded lower Thursday morning as a sell-off continues on Wall Street that's pushed the S&P 500 to the lowest in more than a year and to the cusp of a bear market.
Futures on the $Dow Jones Industrial Average (.DJI.US)$ fell 0.64%, while $S&P 500 Index (.SPX.US)$ futures dropped 0.87% and $Nasdaq Composite Index (.IXIC.US)$ fu...
Market Snapshot
Stock futures traded lower Thursday morning as a sell-off continues on Wall Street that's pushed the S&P 500 to the lowest in more than a year and to the cusp of a bear market.
Futures on the $Dow Jones Industrial Average (.DJI.US)$ fell 0.64%, while $S&P 500 Index (.SPX.US)$ futures dropped 0.87% and $Nasdaq Composite Index (.IXIC.US)$ fu...
![Before the Bell | Global stocks tumble amid inflation worries, dollar gains](https://ussnsimg.moomoo.com/4224527330137575320.png/thumb)
![Before the Bell | Global stocks tumble amid inflation worries, dollar gains](https://ussnsimg.moomoo.com/3583442531780798213.png/thumb)
![Before the Bell | Global stocks tumble amid inflation worries, dollar gains](https://ussnsimg.moomoo.com/2801626061676199773.png/thumb)
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The word indicator means something that shows what a situation is like or how it changes. Many investors use indicators to help identify high-probability trade entry and exit points.
Countless indicators are available everywhere. Some of them have been proven to be accurate gauges for stock prices, while others may just be some kinds of superstitions.
Now let's see how mooers use these "indicators" to assist their trading decisions:
Inflation rate is a key ...
Countless indicators are available everywhere. Some of them have been proven to be accurate gauges for stock prices, while others may just be some kinds of superstitions.
Now let's see how mooers use these "indicators" to assist their trading decisions:
![MooHumor: Indicators for investment](https://ussnsimg.moomoo.com/1651232921950-77777000-android-org.gif/thumb)
![MooHumor: Indicators for investment](https://ussnsimg.moomoo.com/1651232921977-77777000-android-org.png/thumb)
![MooHumor: Indicators for investment](https://ussnsimg.moomoo.com/1651232922007-77777000-android-org.gif/thumb)
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Despite passing through the worst quarterly performance since the market crash in early-2020, some investors think the current market is still overvalued.
Furthermore, some believe this is just the beginning of the downward trend.
According to figures from Nasdaq, the PE ratio for the $S&P 500 Index (.SPX.US)$ (using the trailing 12 months as reported earnings) has been at around 25 or above for over a year now – the only other times this level has been...
Furthermore, some believe this is just the beginning of the downward trend.
According to figures from Nasdaq, the PE ratio for the $S&P 500 Index (.SPX.US)$ (using the trailing 12 months as reported earnings) has been at around 25 or above for over a year now – the only other times this level has been...
![Daily Poll: Is the market still overvalued?](https://ussnsimg.moomoo.com/1651050808509-77777000-android-org.gif/thumb)
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Kobe Bryant, the late NBA legend, was not just a basketball player. ![]()
![]()
One of his big investments paid off big time. In 2014, Bryant purchased 10% of BodyArmor, a Gatorade competitor, for $6 million.
Last week, $Coca-Cola (KO.US)$ announced it acquired full ownership of BodyArmor, paying $5.6 billion in cash, valuing BodyArmor around $8 billion. The company had purchased a minority stake in 2018.
With that valuation, Bryant's 10% investment is estimated to be worth around $800 million today.![]()
That puts his returns from $6 million to $800 million around a 13,222% gain in less than eight years. ![]()
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He still amazed us after he left.![]()
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Mamba Forever!
One of his big investments paid off big time. In 2014, Bryant purchased 10% of BodyArmor, a Gatorade competitor, for $6 million.
Last week, $Coca-Cola (KO.US)$ announced it acquired full ownership of BodyArmor, paying $5.6 billion in cash, valuing BodyArmor around $8 billion. The company had purchased a minority stake in 2018.
With that valuation, Bryant's 10% investment is estimated to be worth around $800 million today.
He still amazed us after he left.
Mamba Forever!
![Kobe Bryant's $6M investment made in 2014 nets his family $400M in profit](https://ussnsimg.moomoo.com/1993977896641713268.png/thumb)
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Buffett's $Berkshire Hathaway-A (BRK.A.US)$ plowed $2.1 billion into $Bank of America (BAC.US)$ in August last year when the stocks were trading at around $24. Now, the stocks have almost doubled!!! ![]()
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As a result, the shares Berkshire bought last year bring a $1.7 billion gain in 14 months.
Berkshire counted Bank of America as one of its biggest holdings for years, while it sold BofA's fellow bank stocks $JPMorgan (JPM.US)$ and $Goldman Sachs (GS.US)$ in the past 18 months. I believe in Buffett, so I think Bank of America is the best bank stock.![]()
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Tell me about your favorite bank stocks if you disagree!![]()
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Rewards calling! Comment to win rewards!
Moomoo news team and I hold the event together for a month! I will post discussions every day and Moomoo news team will support the event with reward points! We will pick the top 2 'liked' and top 3 'insightful' comments every weekday& top 10 'liked' and top 10 'insightful' comments every weekend to be the winners.
For more details, click here.
Follow me to join the latest discussion!
Write your own ideas: Plagiarism or cheating is not acceptable in any kind of community activity. Please "Report" the post if you see any. Once confirmed, the user committed shall be disqualified from the activity.
Berkshire counted Bank of America as one of its biggest holdings for years, while it sold BofA's fellow bank stocks $JPMorgan (JPM.US)$ and $Goldman Sachs (GS.US)$ in the past 18 months. I believe in Buffett, so I think Bank of America is the best bank stock.
Tell me about your favorite bank stocks if you disagree!
Rewards calling! Comment to win rewards!
Moomoo news team and I hold the event together for a month! I will post discussions every day and Moomoo news team will support the event with reward points! We will pick the top 2 'liked' and top 3 'insightful' comments every weekday& top 10 'liked' and top 10 'insightful' comments every weekend to be the winners.
For more details, click here.
Follow me to join the latest discussion!
Write your own ideas: Plagiarism or cheating is not acceptable in any kind of community activity. Please "Report" the post if you see any. Once confirmed, the user committed shall be disqualified from the activity.
![[Rewards Calling] Buffett's beloved Bank of America is the top bank stock!](https://ussnsimg.moomoo.com/2054080926623862242.png/thumb)
![[Rewards Calling] Buffett's beloved Bank of America is the top bank stock!](https://ussnsimg.moomoo.com/1355194868210345778.jpg/thumb)
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102152566 : MooFest great event to gain much more information about Moomoo and all its products. Have enjoyed the user friendly moomo app and gained from investments. The MooFest allowed me to bring my wife to join Momoo too![+1 👍](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f44d.png)