Today is January 29th. Chip giants dragged the S&P Index back down, ending five consecutive gains, while the Dow showed an intraday rise, continuously reaching record highs. The cumulative increase continued for three weeks. The technology sector led the decline of S&P. The chip stock index fell to a one-week low for two consecutive days. Among them, Intel fell more than 10%, the biggest decline in more than two years, while AMD and Nvidia fell nearly 2% and 1% respectively; Google and Meta continued to hit record closing highs; Tesla, after a slight rebound, had a cumulative weekly decline of nearly 14%; in contrast, Netflix rose 18% during the earnings week. The Pan-European stock index hit a two-year high, with a weekly increase of more than 3%. LVMH has accumulated a cumulative increase of nearly 13% after the earnings report, while ASML has accumulated a cumulative increase of 16% during the earnings week.
According to Nick Timiraos of the “New Federal Reserve News Agency,” cooling inflation has opened the door to interest rate cuts this year, and the Federal Reserve's policy statement has changed. Although US GDP has surpassed expectations, there is still a major potential problem. Every dollar increase in US GDP in the fourth quarter was accompanied by a deficit of $1.55 and more than $2.50 in debt. Bitcoin stabilized at around $40,000 after the decline stopped, and the outflow of funds from the world's largest Bitcoin ETF slowed down. Analysts believe that the act of settling profits has largely been completed, thereby limiting Bitcoin's downside. After the US PCE data was released, the 10-year US Treasury yield rose, and at one point it was close to a five-week high. The US dollar index continues to fall, away from a six-week high, but has been tired every week since the beginning of the year...

Rewards
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Note...

Basic Principles
Relying solely on visual patterns can be risky for traders. Before we consider trading bullish candlestick patterns, it's important to keep in mind two significant principles:
1. A valid bullish reversal pattern should arise during a downtrend; otherwise, it might indicate a continuation pattern instead.
2. Most bullish reversal patterns require confirmation through a subsequent bullish price rise supported by high trading vo...

Rewards
● An equal share of 1,000 points: For mooers who correctly guess Meta's closing price range on July 27 ET by 2:30 PM, July 27 ET. (e.g., If 50 mooers make a correct guess, each of them will get 20 points.)
● Exclusive 300 points: For the writer of the top post on analyzing Meta's earnings preview as an inspiration reward.
*The selection is based on post quality, originality, and user engagement.
Note: 1. Rewards...