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Columns The dollar and Asian stocks declined after Biden announced his withdrawal from the election (1)
The US dollar and Asian stock markets declined. Biden previously announced his withdrawal from the 2024 US presidential election and supported He Jinli to take over the fight.
Bloomberg US Dollar Spot Index $USD(USDindex.FX$The Mexican peso climbed as it fell 0.2% on Monday.
In the face of continuous pressure from within the Democratic Party, Biden had to give up his re-election campaign and withdraw from the November general election. The Japanese and South Korean stock markets opened lower, and the Australian stock market also weakened. Hong Kong stock index futures remained stable.
$Korea Composite Index(.KOSPI.KR$
$Nikkei 225(.N225.JP$
$S&P/ASX 200(.XJO.AU$
$Hang Seng Index(800000.HK$
The question facing investors is whether it is still necessary to stick to the Trump deal since Biden has given up his re-election campaign.
The market is likely to fluctuate greatly. Traders are waiting to see if He Jinli can be nominated by the party, and at the same time weigh whether she can gather enough momentum to challenge Trump's current leading position in the polls.
“People's subconscious reaction is that this is bad for the dollar, but it's still too early to draw conclusions,” said Olga Yangor, head of emerging market research and strategy at Crédit Agricole.
“This will largely depend on He Jinli's initial appearance, her choice of running partner, and swing state polls.”
On the commodities side, crude oil and gold prices rose in early trading.
Biden withdrew from the market...
Bloomberg US Dollar Spot Index $USD(USDindex.FX$The Mexican peso climbed as it fell 0.2% on Monday.
In the face of continuous pressure from within the Democratic Party, Biden had to give up his re-election campaign and withdraw from the November general election. The Japanese and South Korean stock markets opened lower, and the Australian stock market also weakened. Hong Kong stock index futures remained stable.
$Korea Composite Index(.KOSPI.KR$
$Nikkei 225(.N225.JP$
$S&P/ASX 200(.XJO.AU$
$Hang Seng Index(800000.HK$
The question facing investors is whether it is still necessary to stick to the Trump deal since Biden has given up his re-election campaign.
The market is likely to fluctuate greatly. Traders are waiting to see if He Jinli can be nominated by the party, and at the same time weigh whether she can gather enough momentum to challenge Trump's current leading position in the polls.
“People's subconscious reaction is that this is bad for the dollar, but it's still too early to draw conclusions,” said Olga Yangor, head of emerging market research and strategy at Crédit Agricole.
“This will largely depend on He Jinli's initial appearance, her choice of running partner, and swing state polls.”
On the commodities side, crude oil and gold prices rose in early trading.
Biden withdrew from the market...
Translated
![The dollar and Asian stocks declined after Biden announced his withdrawal from the election (1)](https://sgsnsimg.moomoo.com/sns_client_feed/103267505/20240722/1721619695527-b1c11370f2.jpeg/thumb?area=104&is_public=true)
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Big money took on a $20 million bearish position on $Netflix(NFLX.US$options last week that could turn a profit as the stock price declines heading into earnings due after the market closes Thursday.
A seller wrote call options that give the holders the right to buy 400,000 Netflix shares at $640 each by Sept. 20. Those call options were sold at a price of $50.25 a share, and the trade was posted on July 11, whe...
A seller wrote call options that give the holders the right to buy 400,000 Netflix shares at $640 each by Sept. 20. Those call options were sold at a price of $50.25 a share, and the trade was posted on July 11, whe...
![Netflix $20 Million Bearish Options Position May Turn a Profit as Stock Price Slides](https://ussnsimg.moomoo.com/sns_client_feed/73842169/20240719/1721319900570-c17fa172f2.png/thumb?area=100&is_public=true)
![Netflix $20 Million Bearish Options Position May Turn a Profit as Stock Price Slides](https://ussnsimg.moomoo.com/sns_client_feed/73842169/20240719/1721320034790-eb59d6c2b2.png/thumb?area=100&is_public=true)
![Netflix $20 Million Bearish Options Position May Turn a Profit as Stock Price Slides](https://ussnsimg.moomoo.com/sns_client_feed/73842169/20240719/1721320435201-adf3eae7c8.png/thumb?area=100&is_public=true)
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Seems like something is brewing over at $Tesla(TSLA.US$ will the much anticipated robotaxi be launched on schedule or will it be delayed? What will be the surprise?
Taking a look at the analyst ratings, it is a hold![]()
Let us dive deeper into Tesla's Q2 2024 earnings prospects from analyst:
▶EPS: Analysts estimate that Tesla's EPS will come in at $0.61, lower than the $0.91 in Q2 2023, but higher than the $0.45 in Q1 2024
▶Revenue: The revenue forecast is $20.16 billion, 5% lowe...
Taking a look at the analyst ratings, it is a hold
Let us dive deeper into Tesla's Q2 2024 earnings prospects from analyst:
▶EPS: Analysts estimate that Tesla's EPS will come in at $0.61, lower than the $0.91 in Q2 2023, but higher than the $0.45 in Q1 2024
▶Revenue: The revenue forecast is $20.16 billion, 5% lowe...
![All eyes on Tesla👀](https://sgsnsimg.moomoo.com/sns_client_feed/102983403/20240719/1721384392519-random1555-102983403-android-org.gif/thumb?area=101&is_public=true)
![All eyes on Tesla👀](https://sgsnsimg.moomoo.com/sns_client_feed/102983403/20240719/1721383508531-random1087-102983403-android-org.png/thumb?area=101&is_public=true)
![All eyes on Tesla👀](https://sgsnsimg.moomoo.com/sns_client_feed/102983403/20240719/1721383510182-random6492-102983403-android-org.png/thumb?area=101&is_public=true)
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Morning traders, Happy Friday, where blue screens are freezing industries like airlines and banking worldwide.
$CrowdStrike(CRWD.US$, a cyber security firm took most of the blame, falling more than 9% after the firm told NBC a faulty update to its "Falcon Scanner" caused at least some of the issues that began Friday at 5:30 am. Most of the problems appear to have caused Microsoft 365 and Azure software and...
$CrowdStrike(CRWD.US$, a cyber security firm took most of the blame, falling more than 9% after the firm told NBC a faulty update to its "Falcon Scanner" caused at least some of the issues that began Friday at 5:30 am. Most of the problems appear to have caused Microsoft 365 and Azure software and...
![CrowdStike 'Blue Screen of Death' Hits Millions, Amex Earnings Bust | Herd on Wall Street](https://1500015405.vod2.myqcloud.com/57f4fa2avodtransusw1500015405/a6bfb9b11253642700798967961/coverBySnapshot/coverBySnapshot_10_0.jpg)
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Happy Friday, mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the top ten buzzing stocks on moomoo based on search and message volumes! Comment below to answer the Weekly Topic question for a chance to win an award!
Make Your Choice
Weekly Buzz
It was a wild week, to say the least. The market reacted Monday to an attempt on Former presiden...
Make Your Choice
Weekly Buzz
It was a wild week, to say the least. The market reacted Monday to an attempt on Former presiden...
![Weekly Buzz: Dow hits highs, semis pulled back, candidates hit tech stocks, and the blue screen of death](https://ussnsimg.moomoo.com/sns_client_feed/77777000/20240720/1721413552193-1f6af3fee4.gif/thumb?area=999&is_public=true)
![Weekly Buzz: Dow hits highs, semis pulled back, candidates hit tech stocks, and the blue screen of death](https://ussnsimg.moomoo.com/sns_client_feed/77777000/20240720/1721420030247-fb0ca2e521.png/thumb?area=999&is_public=true)
![Weekly Buzz: Dow hits highs, semis pulled back, candidates hit tech stocks, and the blue screen of death](https://ussnsimg.moomoo.com/sns_client_feed/77777000/20240720/1721420037902-c3ccaa20ef.png/thumb?area=999&is_public=true)
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Hi all hope you are doing well in the trades or coping well in the loss or gain happy due to short.
Last week seems to be a voilatile and downtrending week after Trump's assassination attempt.
So more bad news? Let's look at the Macro's and some stocks for the day. Remember this is not a recommendation or Financial advice it is based on my own opinion.
Major headlines
There are several major highlights:
1. Semiconductor Tariff
On Wed we see most...
Last week seems to be a voilatile and downtrending week after Trump's assassination attempt.
So more bad news? Let's look at the Macro's and some stocks for the day. Remember this is not a recommendation or Financial advice it is based on my own opinion.
Major headlines
There are several major highlights:
1. Semiconductor Tariff
On Wed we see most...
![More bad news?! 📰There might be a silver lining? ☁️](https://sgsnsimg.moomoo.com/sns_client_feed/104790792/20240720/1721456080052-random8321-104790792-android-compress.jpg/thumb?area=104&is_public=true)
![More bad news?! 📰There might be a silver lining? ☁️](https://sgsnsimg.moomoo.com/sns_client_feed/104790792/20240720/1721456081052-random1909-104790792-android-org.jpeg/thumb?area=104&is_public=true)
![More bad news?! 📰There might be a silver lining? ☁️](https://sgsnsimg.moomoo.com/sns_client_feed/104790792/20240720/1721456081778-random6976-104790792-android-org.png/thumb?area=104&is_public=true)
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$Tesla(TSLA.US$ is releasing its Q2 earnings on July 23 after the bell. Unlock insights with TSLA Earnings Hub>>
For the details of indicator sentiment, please tap the link and check.
Since its Q1 earnings release, shares of $Tesla(TSLA.US$ have seen an increase of 72.26%!
How will the market react to the upcoming results? Make your guess now! ![]()
Rewards
● An equal share of 10,000 points: For mooers who correctly guess th...
For the details of indicator sentiment, please tap the link and check.
Since its Q1 earnings release, shares of $Tesla(TSLA.US$ have seen an increase of 72.26%!
Rewards
● An equal share of 10,000 points: For mooers who correctly guess th...
![Tesla Q2 Earnings Preview: Grab rewards by guessing the opening price!](https://ussnsimg.moomoo.com/sns_client_feed/77777008/20240719/1721372379148-ddd3992c1d.png/thumb?area=100&is_public=true)
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Morning traders, happy Thursday, July 18th we celebrated the grand opening of the moomoo JC office today! My name is Kevin Travers, and here are stories from the moomoo herd on Wall Street today.
$Taiwan Semiconductor(TSM.US$ raised its sales outlook after better-than-expected quarterly profit, as demand for its advanced chips continued to surge amid enthusiasm over artificial intelligence. The world's largest contract chip maker sa...
$Taiwan Semiconductor(TSM.US$ raised its sales outlook after better-than-expected quarterly profit, as demand for its advanced chips continued to surge amid enthusiasm over artificial intelligence. The world's largest contract chip maker sa...
![TSM, Nvidia, Tesla Climb Thursday Morning | Herd on Wall Street](https://1500015405.vod2.myqcloud.com/57f4fa2avodtransusw1500015405/9260d9491253642700811422400/coverBySnapshot/coverBySnapshot_10_0.jpg)
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$iShares Russell 2000 ETF(IWM.US$ has experienced a surprising surge, gaining 3.4% in just five days. This rise comes despite widespread bets against it throughout the year and anticipations of a potential rate cut.
However, the strong market activity and broad participation indicate that we may be entering a new upward trend. This is further evidenced by significant increases in net highs on both the $NASDAQ(NASDAQ.US$ and $NYSE(NYSE.US$, and a notable rise in th...
However, the strong market activity and broad participation indicate that we may be entering a new upward trend. This is further evidenced by significant increases in net highs on both the $NASDAQ(NASDAQ.US$ and $NYSE(NYSE.US$, and a notable rise in th...
![Market Summary 16th July 2024](https://sgsnsimg.moomoo.com/sns_client_feed/101748296/20240717/1721214089732-7c3f2fe789.jpeg/thumb?area=104&is_public=true)
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Semiconductor stocks suffered a brutal sell-off on Wednesday, with the $PHLX Semiconductor Index(.SOX.US$ dropping nearly 7%, marking its worst performance since 2020. $ASML Holding(ASML.US$ plunged more than 12%, while $Applied Materials(AMAT.US$, $Advanced Micro Devices(AMD.US$, $Marvell Technology(MRVL.US$, and $Lam Research(LRCX.US$ all fell more than 10%, and $NVIDIA(NVDA.US$ dropped 6.6%.
What Happened?
The sharp decline in the semico...
What Happened?
The sharp decline in the semico...
![Semiconductor Stocks Plunge: Opportunity or Risk?](https://ussnsimg.moomoo.com/sns_client_feed/77777017/20240718/1721302630216-d26b6abf7e.png/thumb?area=100&is_public=true)
![Semiconductor Stocks Plunge: Opportunity or Risk?](https://ussnsimg.moomoo.com/sns_client_feed/77777017/20240718/1721303236058-4f70fa9a31.jpeg/thumb?area=100&is_public=true)
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