Spoiler: Stay tuned until the end for a chance to earn bonus points!
Hello mooers,
We're delighted to bring you another exciting update from our Global Paper Trading Challenge. (Tap here to revisit last week's wrap-up)
Anniversary Celebration Rewards:
Mark your calendars! Tomorrow (10/29) is Futu's anniversary. Make sure to visit the competition page to claim some exclusive bonus rewards. Celebrate with us!
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At the beginning of 2022, the FED started the quantitative tightening policy. Since then, the stock market has gone all the way down without any hesitation. But a shocking plot twist happened in the first month of 2023. Almost everything went up crazily.
Some investors are benefiting from the upward trend. However, others with negative expectations might feel like taking a mighty punch right in their faces.
@Johnsh: Powell Pummeling Puts Visual $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$
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It will be a short week of trading, with markets closed on Thursday for Thanksgiving and then closing early on Black Friday as the holiday shopping rush begins.
Earnings season is winding down but there will still be some notable reports next week, including $Zoom Communications (ZM.US)$ and $Dell Technologies (DELL.US)$ on Monday; $Best Buy (BBY.US)$, $Dick's Sporting Goods (DKS.US)$, $Nordstrom (JWN.US)$, and ...