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$SPDR S&P 500 ETF(SPY.US$ Did you keep 🐮?
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Columns We are B-Back? | Market Moovers
Morning mooers! It is Tuesday, April 23, the market is open and climbing higher after the first quarter results started pouring in from some heavy hitters.
My name is Kevin Travers; it is a beautiful day in Jersey City, and the moomoo office is busteling. Here are your morning moovers today:
MOOVERS
$General Motors (GM.US)$ climbed nearly 5% Tuesday after its morning earnings release lifted its profit outlook on strong gas truck demand.
$General Electric (GE.US)$ A...
My name is Kevin Travers; it is a beautiful day in Jersey City, and the moomoo office is busteling. Here are your morning moovers today:
MOOVERS
$General Motors (GM.US)$ climbed nearly 5% Tuesday after its morning earnings release lifted its profit outlook on strong gas truck demand.
$General Electric (GE.US)$ A...
![We are B-Back? | Market Moovers](https://1500015405.vod2.myqcloud.com/57f4fa2avodtransusw1500015405/642da9761397757888192462271/coverBySnapshot/coverBySnapshot_10_0.jpg)
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This is my first expression when I learn that $Futu Holdings Ltd(FUTU.US$ MooMoo has reached 1 million users in Singapore.
And then, this is my next expression, as I feel happy
for FUTU MooMoo for reaching that milestone. The journey was not easy. But, it was definitely exciting for both FUTU MooMoo, as well as Mooers. ![]()
Looking at the past, I was attracted by MooMoo, not just because of the attractive gifts that it provides to new Mooers, but a...
And then, this is my next expression, as I feel happy
Looking at the past, I was attracted by MooMoo, not just because of the attractive gifts that it provides to new Mooers, but a...
![OMG! 1 million Singapore Mooers on the MooMoo Platform!](https://sgsnsimg.moomoo.com/sns_client_feed/103066836/20240420/1713622543098-random4925-103066836-android-org.gif/thumb?area=101&is_public=true)
![OMG! 1 million Singapore Mooers on the MooMoo Platform!](https://sgsnsimg.moomoo.com/sns_client_feed/103066836/20240420/1713622551939-random5569-103066836-android-org.gif/thumb?area=101&is_public=true)
![OMG! 1 million Singapore Mooers on the MooMoo Platform!](https://sgsnsimg.moomoo.com/sns_client_feed/103066836/20240420/1713622560300-random4611-103066836-android-org.jpeg/thumb?area=101&is_public=true)
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As tensions in the Middle East escalate, major Wall Street institutions have revised their gold price targets upward. Goldman Sachs is bullish with a target of $2,700, while Bank of America's expectation stands at $3,000. UBS is projecting an even more ambitious figure, calling for a remarkable $4,000 per ounce—a potential doubling of current prices.
$Gold Futures(AUG4)(GCmain.US$ have consistently been hitting new record high...
$Gold Futures(AUG4)(GCmain.US$ have consistently been hitting new record high...
![Gold Prices Set to Surge? Wall Street Anticipates Up to $4000 Target!](https://ussnsimg.moomoo.com/sns_client_feed/71445112/20240415/4d02cf04ebac494496ff9662b3d50aee.png?area=100&is_public=true)
![Gold Prices Set to Surge? Wall Street Anticipates Up to $4000 Target!](https://ussnsimg.moomoo.com/sns_client_feed/71445112/20240415/1713178138845-107481a6f0.png/thumb?area=100&is_public=true)
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$Bitcoin(BTC.CC$
We are about to reach the key support zone that I have mentioned. Will we see a rebound? Or is this crypto rally finally going to take a break?
I am also watching this support level for a potential rebound.
$Ethereum(ETH.CC$ $SPDR S&P 500 ETF(SPY.US$ $Marathon Digital(MARA.US$ $Coinbase(COIN.US$ $Riot Platforms(RIOT.US$ $MicroStrategy(MSTR.US$
We are about to reach the key support zone that I have mentioned. Will we see a rebound? Or is this crypto rally finally going to take a break?
I am also watching this support level for a potential rebound.
$Ethereum(ETH.CC$ $SPDR S&P 500 ETF(SPY.US$ $Marathon Digital(MARA.US$ $Coinbase(COIN.US$ $Riot Platforms(RIOT.US$ $MicroStrategy(MSTR.US$
![Moment of Truth](https://ussnsimg.moomoo.com/sns_client_feed/70107943/20240402/1712064416007-random2692-70107943-android-org.jpeg/thumb?area=100&is_public=true)
![Moment of Truth](https://ussnsimg.moomoo.com/sns_client_feed/70107943/20240402/1712064783006-random7781-70107943-android-org.jpeg/thumb?area=100&is_public=true)
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The new reality of a post-stimulus world:
Rich people have gotten richer and continue to spend more than everyone else.
Currently, the top 20% of incomes account for almost 40% of consumer spending.
Meanwhile, the second lowest and lowest income quintiles account for just 21% of consumer spending.
This is exactly why many consumers feel like the economy is bad.
All while we have the most unaffordable housing market in history with inflation still above 3%.
Affordability is horrible for most peop...
Rich people have gotten richer and continue to spend more than everyone else.
Currently, the top 20% of incomes account for almost 40% of consumer spending.
Meanwhile, the second lowest and lowest income quintiles account for just 21% of consumer spending.
This is exactly why many consumers feel like the economy is bad.
All while we have the most unaffordable housing market in history with inflation still above 3%.
Affordability is horrible for most peop...
![Picture](https://ussnsimg.moomoo.com/sns_client_feed/70865938/20240319/79535902932e409d8946ddfdeefa3371.jpg/thumb?area=100&is_public=true)
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Ackman's Bitcoin Speculation
Billionaire hedge fund manager Bill Ackman, founder and CEO of Pershing Square Capital Management, recently shared his thoughts on Bitcoin, suggesting a scenario where the cryptocurrency's price could soar to unprecedented levels. Ackman proposed a cycle where an increase in Bitcoin's price leads to more mining and higher energy consumption, which in turn drives up energy costs, causes inflation, and weakens the dollar, the...
Billionaire hedge fund manager Bill Ackman, founder and CEO of Pershing Square Capital Management, recently shared his thoughts on Bitcoin, suggesting a scenario where the cryptocurrency's price could soar to unprecedented levels. Ackman proposed a cycle where an increase in Bitcoin's price leads to more mining and higher energy consumption, which in turn drives up energy costs, causes inflation, and weakens the dollar, the...
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$FedEx(FDX.US$
Rebound or Breakdown?
The long-term technical picture for FDX is looking quite appealing. The price action has been almost perfectly following the support and resistance of the price channel seen in the chart below.
If this trend continues, then we will see a rebound in the charts very soon and a long position could be a good idea. If we don't see a rebound at support and the price action makes lower lows, then a long position might be a bad idea at that...
Rebound or Breakdown?
The long-term technical picture for FDX is looking quite appealing. The price action has been almost perfectly following the support and resistance of the price channel seen in the chart below.
If this trend continues, then we will see a rebound in the charts very soon and a long position could be a good idea. If we don't see a rebound at support and the price action makes lower lows, then a long position might be a bad idea at that...
![Long-Term Technical SetUp](https://ussnsimg.moomoo.com/feed_image/70107943/bb29ea34e549395c92371ea21f659803.jpg/thumb)
![Long-Term Technical SetUp](https://ussnsimg.moomoo.com/feed_image/70107943/110a75d08cca37d98a28e26f0e9a1c17.jpg/thumb)
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$Microsoft(MSFT.US$ $Alphabet-C(GOOG.US$ $Apple(AAPL.US$ $Meta Platforms(META.US$ $Amazon(AMZN.US$ $Advanced Micro Devices(AMD.US$ $Tesla(TSLA.US$ $Invesco QQQ Trust(QQQ.US$ $SPDR S&P 500 ETF(SPY.US$ $NVIDIA(NVDA.US$
seems like reports of the major tech stocks are out but post market we still see extreme selling… stocks like Meta ans Amzn fell bad too.. which brings me to believe.. something huge is happening with the overall market..
reported earnings are pretty positi...
seems like reports of the major tech stocks are out but post market we still see extreme selling… stocks like Meta ans Amzn fell bad too.. which brings me to believe.. something huge is happening with the overall market..
reported earnings are pretty positi...
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Key Takeaway
Blackstone CEO Stephen Schwarzman asserts inflation is near 2%, challenging the higher CPI figures and suggesting the Fed could overextend its rate policy.
Schwarzman predicts rate cuts in the second half of 2024, contrary to market expectations of cuts starting as early as March.
Despite questioning Fed data, Schwarzman commends their handling of inflation, while Blackstone shares outperform with a 250% increase over five y...
Blackstone CEO Stephen Schwarzman asserts inflation is near 2%, challenging the higher CPI figures and suggesting the Fed could overextend its rate policy.
Schwarzman predicts rate cuts in the second half of 2024, contrary to market expectations of cuts starting as early as March.
Despite questioning Fed data, Schwarzman commends their handling of inflation, while Blackstone shares outperform with a 250% increase over five y...
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