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The US January CPI data, due to be released by the Bureau of Labor Statistics at 8:30 ET on Feb. 13th, may not reach the high levels observed in December, but it requires more factors to support further alleviation.
Economists polled by Bloomberg estimate that CPI in January increased by 2.9% year-on-year (vs. the previous value of 3.4%). Core CPI is expected to increase by 3.7% (vs. the previous value of 3.9%).
■ Energy prices rebound modestly in Janua...
Economists polled by Bloomberg estimate that CPI in January increased by 2.9% year-on-year (vs. the previous value of 3.4%). Core CPI is expected to increase by 3.7% (vs. the previous value of 3.9%).
■ Energy prices rebound modestly in Janua...
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Former President Donald Trump responded to the news that $Tesla (TSLA.US)$ CEO Elon Musk's planned $Twitter (Delisted) (TWTR.US)$ buyout is temporarily on hold.
"There is no way Elon Musk is going to buy Twitter at such a ridiculous price, especially since realizing it is a company largely based on BOTS or Spam Accounts," Trump posted on his social media platform, Truth Social.
"Fake anyone?" Trump posted, Mashable reports. "...
"There is no way Elon Musk is going to buy Twitter at such a ridiculous price, especially since realizing it is a company largely based on BOTS or Spam Accounts," Trump posted on his social media platform, Truth Social.
"Fake anyone?" Trump posted, Mashable reports. "...
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Having limited fund in trading account does make one think very hard when selecting a stock to invest in. Also, being scarred from previous experience of trusting some hype stocks, I'm now more weary of hot stocks without fundamentals.
Homework (Watchlist)
I do my homework by keeping a watchlist. During weekend as prepartion for week ahead, I would scan through ETF, indices to identify potential stocks. There are many places to find such lists, including MooMoo under Explore > Industry, Concepts. I generally look for strong up trending sector then strong momentum stocks within that sector. Group these into a watchlist.
Homework (Basic info)
Then I would look for basic info and latest investment news of the stocks. Again, I just want to know what I'm buying
Depending on my interests in the stocks, I may or may not deep dive into news part. Sometimes to have a feel on upcoming business opportunities of these stocks. Those with merging & acquisition ones may have impact of stock prices.
Unfortunately, I'm not classically trained accountant so I cannot comprehend financial reports in detail. I often just make a note if the company is making profit
Homework (Chart reading)
I try my best to study price structure of the stocks in watchlist. Basic trends, resistance and support levels, volume and candlesticks. Then to make an educated guess on predicting price action.
One tip to share: you can set alerts on some price points to initiate trade.
Execution: Gut Feel?
After all the homework, it's time to trade! Recently I wanted to initiate a long position but I had to choose between $Apple (AAPL.US)$ or $Advanced Micro Devices (AMD.US)$. Both were around $150 at the time and were looking uptrend. In the end, I trusted the up trend in Apple and gut feel. Just exited the trade with a small profit but the market is very choppy recently. On hind sight, choosing Apple over AMD was a wise decision because AMD suffered a 15% correction during the same period. Oh, you do need some luck sometimes!
AI Monitor
So I went to check out the AI Monitor at MooMoo. Will give it a try. I see some of the signals are related to my homework. So perhaps I can spend a little less time with homework and more time with family.
The market is rather stormy now, seeing $Tesla (TSLA.US)$ dipped below $900 and other mega cap stocks affected too. Safe trading!
Homework (Watchlist)
I do my homework by keeping a watchlist. During weekend as prepartion for week ahead, I would scan through ETF, indices to identify potential stocks. There are many places to find such lists, including MooMoo under Explore > Industry, Concepts. I generally look for strong up trending sector then strong momentum stocks within that sector. Group these into a watchlist.
Homework (Basic info)
Then I would look for basic info and latest investment news of the stocks. Again, I just want to know what I'm buying
Depending on my interests in the stocks, I may or may not deep dive into news part. Sometimes to have a feel on upcoming business opportunities of these stocks. Those with merging & acquisition ones may have impact of stock prices.
Unfortunately, I'm not classically trained accountant so I cannot comprehend financial reports in detail. I often just make a note if the company is making profit
Homework (Chart reading)
I try my best to study price structure of the stocks in watchlist. Basic trends, resistance and support levels, volume and candlesticks. Then to make an educated guess on predicting price action.
One tip to share: you can set alerts on some price points to initiate trade.
Execution: Gut Feel?
After all the homework, it's time to trade! Recently I wanted to initiate a long position but I had to choose between $Apple (AAPL.US)$ or $Advanced Micro Devices (AMD.US)$. Both were around $150 at the time and were looking uptrend. In the end, I trusted the up trend in Apple and gut feel. Just exited the trade with a small profit but the market is very choppy recently. On hind sight, choosing Apple over AMD was a wise decision because AMD suffered a 15% correction during the same period. Oh, you do need some luck sometimes!
AI Monitor
So I went to check out the AI Monitor at MooMoo. Will give it a try. I see some of the signals are related to my homework. So perhaps I can spend a little less time with homework and more time with family.
The market is rather stormy now, seeing $Tesla (TSLA.US)$ dipped below $900 and other mega cap stocks affected too. Safe trading!
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$NASDAQ 100 Index (.NDX.US)$ $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$
Will market rally higher? Or we about to see more pain? Well I have done a video for you to share all about it about what to expect next week! Do take time to watch and hopefully you take something out of it! I have also spotted bearish and bullish signs for some of the stocks. Find out more in the video and see if it is the stock you are also looking at!
Those stocks tagged below all have their TA done in the video. So watch for the support and resistance levels for your entry/exit points and also if there are any hidden bullish or bearish signals!
As always, trade safe & invest wise!
Also do subscribe to my YouTube channel for your once a week TA and market outlook so you don't miss future videos and stay ahead of the market!
https://www.youtube.com/c/investing101channel
$Apple (AAPL.US)$ $Meta Platforms (FB.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ $Dow Jones Industrial Average (.DJI.US)$ $Tesla (TSLA.US)$ $Advanced Micro Devices (AMD.US)$ $NVIDIA (NVDA.US)$ $Palantir (PLTR.US)$ $Futu Holdings Ltd (FUTU.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $Alibaba (BABA.US)$ $NIO Inc (NIO.US)$
Will market rally higher? Or we about to see more pain? Well I have done a video for you to share all about it about what to expect next week! Do take time to watch and hopefully you take something out of it! I have also spotted bearish and bullish signs for some of the stocks. Find out more in the video and see if it is the stock you are also looking at!
Those stocks tagged below all have their TA done in the video. So watch for the support and resistance levels for your entry/exit points and also if there are any hidden bullish or bearish signals!
As always, trade safe & invest wise!
Also do subscribe to my YouTube channel for your once a week TA and market outlook so you don't miss future videos and stay ahead of the market!
https://www.youtube.com/c/investing101channel
$Apple (AAPL.US)$ $Meta Platforms (FB.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ $Dow Jones Industrial Average (.DJI.US)$ $Tesla (TSLA.US)$ $Advanced Micro Devices (AMD.US)$ $NVIDIA (NVDA.US)$ $Palantir (PLTR.US)$ $Futu Holdings Ltd (FUTU.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $Alibaba (BABA.US)$ $NIO Inc (NIO.US)$
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