Deftern Tse
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Walmart Inc. shares reached a record high of $83.34 on Wednesday, before dipping 0.28% to $83.04 on Thursday. The stock has soared more than 59% this year, marking gains for six straight months, the longest winning streak since 2002.
$Walmart (WMT.US)$ aims to widen its prescription delivery service to 49 states by the end of January, reaching more than 86% of U.S. households. Presently, same-day delivery is available in only six sta...
$Walmart (WMT.US)$ aims to widen its prescription delivery service to 49 states by the end of January, reaching more than 86% of U.S. households. Presently, same-day delivery is available in only six sta...
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$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$
Here are some key indicators and interpretations:
1. Non-farm employment
Change
- After seasonal adjustment, non-farm employment increased by 142K, lower than the expected 164K, but higher than the previous value of 89K.
- Private sector non-farm employment increased by 118K, also lower than the expected 139K, indicating a slowdown in the hiring pace of the private sector.
- Government employment increased by 24K, higher than the previous value of 15K, indicating relatively steady recruitment in the government sector.
Interpretation: Overall, the non-farm employment data is lower than expected, but improved compared to the previous month, indicating a slowdown in the job market without significant deterioration. Employment growth in the private sector is slightly weak, possibly reflecting concerns about the economic outlook by businesses.
2. Unemployment rate
- The unemployment rate is 4.2%, consistent with expectations, slightly lower than the previous value of 4.3%. At the same time, the U6 unemployment rate (including underemployment) is 7.9%, slightly higher than the previous value of 7.8%.
Interpretation: The stability of the unemployment rate indicates that the labor market still has resilience. Although employment growth is slowing down, the unemployment rate has not risen significantly. This means that the overall condition of the labor market is still relatively stable and has not deteriorated significantly.
3. Wage Growth
Average hourly wage increased by 0.4% compared to the previous month, higher than the expected 0.3%.
Average hourly wage increased by 3.8% compared to the same period last year, slightly higher than...
Here are some key indicators and interpretations:
1. Non-farm employment
Change
- After seasonal adjustment, non-farm employment increased by 142K, lower than the expected 164K, but higher than the previous value of 89K.
- Private sector non-farm employment increased by 118K, also lower than the expected 139K, indicating a slowdown in the hiring pace of the private sector.
- Government employment increased by 24K, higher than the previous value of 15K, indicating relatively steady recruitment in the government sector.
Interpretation: Overall, the non-farm employment data is lower than expected, but improved compared to the previous month, indicating a slowdown in the job market without significant deterioration. Employment growth in the private sector is slightly weak, possibly reflecting concerns about the economic outlook by businesses.
2. Unemployment rate
- The unemployment rate is 4.2%, consistent with expectations, slightly lower than the previous value of 4.3%. At the same time, the U6 unemployment rate (including underemployment) is 7.9%, slightly higher than the previous value of 7.8%.
Interpretation: The stability of the unemployment rate indicates that the labor market still has resilience. Although employment growth is slowing down, the unemployment rate has not risen significantly. This means that the overall condition of the labor market is still relatively stable and has not deteriorated significantly.
3. Wage Growth
Average hourly wage increased by 0.4% compared to the previous month, higher than the expected 0.3%.
Average hourly wage increased by 3.8% compared to the same period last year, slightly higher than...
Translated
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Deftern Tse
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$NVIDIA (NVDA.US)$ is releasing its Q4 FY24 earnings on Feburary 21, after the U.S. stock market close. How will the market react to the company's quarterly results? Vote your answer to participate!
Rewards
● An equal share of 10,000 points: For mooers who correctly guess the price range of $NVIDIA (NVDA.US)$'s opening price at 9:30 AM ET Feb 22 (e.g., If 50 mooers make a correct guess, each of them will get 200 points!...
Rewards
● An equal share of 10,000 points: For mooers who correctly guess the price range of $NVIDIA (NVDA.US)$'s opening price at 9:30 AM ET Feb 22 (e.g., If 50 mooers make a correct guess, each of them will get 200 points!...
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With the announcement on pause in rate hike last Wednesday after the FOMC meeting, there were few statements by Chair Powell during the press conference that indicated that the FED fund rate might be at its peak.
“The question we’re asking is , should we hike more ”
“The tight policy is putting downward pressure on economic activity and inflation, and the full effecgs of our tightening have yet to be felt”
Above are two statements made by Chair Powell that do...
“The question we’re asking is , should we hike more ”
“The tight policy is putting downward pressure on economic activity and inflation, and the full effecgs of our tightening have yet to be felt”
Above are two statements made by Chair Powell that do...
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Deftern Tse
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Safe Haven Rally
After the sharp rally in gold futures that followed the onset of the Middle Eastern conflict, gold seems to be losing some of its safe haven appeal.
If the war stays isolated, then we might not see the safe haven investors piling in like we saw at the beginning of October.
In the chart below, you can see the safe haven rally that followed the start of the conflict and the subsequent selling. I highlighted a few local areas o...
After the sharp rally in gold futures that followed the onset of the Middle Eastern conflict, gold seems to be losing some of its safe haven appeal.
If the war stays isolated, then we might not see the safe haven investors piling in like we saw at the beginning of October.
In the chart below, you can see the safe haven rally that followed the start of the conflict and the subsequent selling. I highlighted a few local areas o...
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Automakers $GEELY AUTO (00175.HK)$ , $BYD COMPANY (01211.HK)$ and $GWMOTOR (02333.HK)$ went down 1.3%-1.6%, while $XPENG-W (09868.HK)$ plunged 6.9% at $63.4.
$EVERGRANDE (03333.HK)$ shot up 10% to $0.55 after Guangzhou became the first T1 city to officially announce the easing of purchase restrictions. Yet $YUEXIU PROPERTY (00123.HK)$ , $SINO-OCEAN GP (03377.HK)$ , $LONGFOR GROUP (00960.HK)$ , $SEAZEN (01030.HK)$ and $SUNAC (01918.HK)$ sank 1.7%-2.7%. $R&F PROPERTIES (02777.HK)$...
$EVERGRANDE (03333.HK)$ shot up 10% to $0.55 after Guangzhou became the first T1 city to officially announce the easing of purchase restrictions. Yet $YUEXIU PROPERTY (00123.HK)$ , $SINO-OCEAN GP (03377.HK)$ , $LONGFOR GROUP (00960.HK)$ , $SEAZEN (01030.HK)$ and $SUNAC (01918.HK)$ sank 1.7%-2.7%. $R&F PROPERTIES (02777.HK)$...
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Deftern Tse
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Welcome back, mooers!
As is widely acknowledged, market fluctuations can result in downturns, underscoring the significance of promptly mitigating losses by means of effective stop-loss strategies. Today, we will delve into six bearish candlestick patterns to help you gain proficiency in interpreting stop-loss signals. Let's go!
Hanging man & Shooting star
The hanging man pattern is considered the bearish counterpart of a...
As is widely acknowledged, market fluctuations can result in downturns, underscoring the significance of promptly mitigating losses by means of effective stop-loss strategies. Today, we will delve into six bearish candlestick patterns to help you gain proficiency in interpreting stop-loss signals. Let's go!
Hanging man & Shooting star
The hanging man pattern is considered the bearish counterpart of a...
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Deftern Tse
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$Morgan Stanley (MS.US)$ ’s analyst team has recently unearthed a goldmine for Tesla – the Dojo AI. According to Morgan stanley, Dojo could potentially increase Tesla’s market value by up to $500 billion, with a target price of USD 400
Morgan Stanley states that Tesla, originally perceived as an automotive company, is now resembling more of a technology company, with its future primary revenue sources expected to be derived from software and services.
What is Dojo?
Sinc...
Morgan Stanley states that Tesla, originally perceived as an automotive company, is now resembling more of a technology company, with its future primary revenue sources expected to be derived from software and services.
What is Dojo?
Sinc...
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The AI fever has not subsided and it is translating to real dollars for Nvidia.
The eagerly awaited results of Nvidia has finally been announced and the results were truly exceptional.
Nvidia recorded a revenue of $13.51 billion, marking a 101% increase compared to the previous year. The net profit experienced an even more dramatic surge, skyrocketing to $6.19 billion from $656 million in the previous year, reflecting an astounding 85...
The eagerly awaited results of Nvidia has finally been announced and the results were truly exceptional.
Nvidia recorded a revenue of $13.51 billion, marking a 101% increase compared to the previous year. The net profit experienced an even more dramatic surge, skyrocketing to $6.19 billion from $656 million in the previous year, reflecting an astounding 85...
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