Hello mooers!
August 2024 has been a tumultuous month, characterized by significant fluctuations influenced by economic indicators, corporate financials, and global events. From unexpected economic data to pivotal earnings reports that swayed the markets considerably, our community actively engaged, exchanging insights and experiences. Here's a look at how some of the mooers navigated the complexities of the market, exploring the nuances of options trading d...

Last week, the U.S. ADP report and non-farm payroll data for August were released, indicating a slowdown in the labor market.
– Private employment: 99k (Actual), 145k (Expected);
– Non farm payrolls: 142k (Actual), 165k (Expected);
– Unemployment rate: 4.2% (2024/8) , 3.7% (2023/8).
Investor concerns about a potential recession in the U.S. have intensified, leading to a collective decline in the three major U.S. stock...

Missed the live? Watch the replay now and join Justin, Michael and Jessica as they dives deep into US rate cuts!

What's one luxury you had to cut back on due to the high cost of living?
I gave up my golf club membership.
As a recent graduate entering the workforce, my pre-tax salary of $95,000 still requires me to cut back due to the high cost of living.
Considering I have an AUD47,000 HECS-HELP loan and aspire to purchase a home in Melbourne, I now have to look for other ways to relax, such as hiking or joining free sports leagues.
Any recommendation on things I can do or buy for $50 or less that will imp...

Let’s try it and practice trading skills using this free chance. Thanks moomoo!

I'm new to all this but extremely motivated and ready to take risks to make it big so I'll invest not only my money but time into making that bread to feed the fam eetswa

This week I officially started day trading with a large account of 5k AUD ($3334 USD), after 4 months of trading with an account size of $150 AUD ($100 USD),basically learning how to trade. spending nearly 12 hours a day (pre market, intraday and post market) staring and understanding charts and buiding strategy whilst following youtube videos, I took a leap and said “lets do it”.
Being the start of the month, what better time to start this off.
Breaking the ice was so scary with...