70623265
voted
The market had a busy week with many top companies revealing their earnings, driving fluctuations in key indexes. Despite record highs earlier in the October, all major indexes ended October down:
• $S&P 500 Index (.SPX.US)$ dropped 1.37%,
• $Dow Jones Industrial Average (.DJI.US)$ slipped by 0.15%,
• $NASDAQ 100 Index (.NDX.US)$ fell 1.5%.
Similarly, crude oil $Crude Oil Futures(JAN5) (CLmain.US)$ prices also dropped, down 5% this week after a ...
• $S&P 500 Index (.SPX.US)$ dropped 1.37%,
• $Dow Jones Industrial Average (.DJI.US)$ slipped by 0.15%,
• $NASDAQ 100 Index (.NDX.US)$ fell 1.5%.
Similarly, crude oil $Crude Oil Futures(JAN5) (CLmain.US)$ prices also dropped, down 5% this week after a ...
38
3
70623265
voted
$SPDR S&P 500 ETF (SPY.US)$ 600 by Turkey Day or New Years?$
70623265
voted
Hi mooers!
The Federal Reserve is scheduled hold FOMC meeting and press conference on November 7. This is crucial for the future trajectory of the U.S. and global economy.
The Commerce Department's personal consumption expenditures (PCE) price index, closely watched by the Federal Reserve, increased 0.2% month-over-month in September. Excluding food and energy, the September PCE price index rose 0.3% MoM and 2.7% YoY. On ...
The Federal Reserve is scheduled hold FOMC meeting and press conference on November 7. This is crucial for the future trajectory of the U.S. and global economy.
The Commerce Department's personal consumption expenditures (PCE) price index, closely watched by the Federal Reserve, increased 0.2% month-over-month in September. Excluding food and energy, the September PCE price index rose 0.3% MoM and 2.7% YoY. On ...
89
99
70623265
voted
Hey, mooers!
The Global Paper Trading Challenge has been underway for a week now, and we're thrilled to have over 75,000 participants from around the globe!
In the U.S. region, more than 85 participants have achieved weekly virtual gains exceeding 10%. The most popular stock traded in our Challenge last week? $Bright Minds Biosciences (DRUG.US)$, a pharmaceutical company that just received FDA approval for its new drug. This week, $GRI Bio (GRI.US)$ is curren...
The Global Paper Trading Challenge has been underway for a week now, and we're thrilled to have over 75,000 participants from around the globe!
In the U.S. region, more than 85 participants have achieved weekly virtual gains exceeding 10%. The most popular stock traded in our Challenge last week? $Bright Minds Biosciences (DRUG.US)$, a pharmaceutical company that just received FDA approval for its new drug. This week, $GRI Bio (GRI.US)$ is curren...
+4
505
79
looking for a higher high.then a pullback
70623265
voted
📃 Key Takeaways
▫️ Nvidia closed at $132.65 on October 9, nearing its all-time high of $140.74, reflecting a year-to-date increase of around 168%.
▫️ The stock is developing a symmetrical triangle pattern and indicates a possible breakout. Technical indicators like RSI and MACD are positive on the daily timeframe, suggesting potential upward movement.
▫️ Nvidia CEO recently says ‘reasoning’ AI will depend on cheaper c...
▫️ Nvidia closed at $132.65 on October 9, nearing its all-time high of $140.74, reflecting a year-to-date increase of around 168%.
▫️ The stock is developing a symmetrical triangle pattern and indicates a possible breakout. Technical indicators like RSI and MACD are positive on the daily timeframe, suggesting potential upward movement.
▫️ Nvidia CEO recently says ‘reasoning’ AI will depend on cheaper c...
45
21
70623265
commented on
As we wrap up September, the U.S. stock market has continued its bullish trajectory, fueled by the Fed rate cut, with the $S&P 500 Index (.SPX.US)$ reaching a new all-time high on September 26th for the 42nd time this year.
October is well-known for its market volatility, often tagged with "Octoberphobia" due to its historical market shakes. However, it has also been dubbed the "bear kill...
October is well-known for its market volatility, often tagged with "Octoberphobia" due to its historical market shakes. However, it has also been dubbed the "bear kill...
225
93
70623265
reacted to and commented on
Missed the live? Watch the replay now and join Justin, Michael and Jessica as they dives deep into US rate cuts!
701
1018
70623265
commented on and voted
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...
– 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...
+3
360
184