HenryYee
liked
The US Federal Reserve initiated its easing cycle with 50 basis points rate cut last week. This week, Chinese markets joined the trend on Tuesday by cutting the rate by 50 basis points. This decision sparked a rally, with the $Hang Seng Index (800000.HK)$ and $SSE Composite Index (000001.SH)$ rising more than 4% in a single day. On the same day, the Reserve Bank of Australia left its cash rate unchanged at 4.35%. Howe...
+2
313
132
HenryYee
liked
Morning Movers
Gapping up
$Taiwan Semiconductor (TSM.US)$ Shares increased by 0.2% following a Wall Street Journal report that the chipmaker, alongside Samsung, is in discussions to build chip factories in the UAE.
$Constellation Energy (CEG.US)$ Shares gained about 3.3% after Morgan Stanley raised its 12-month price target, implying nearly 23% upside. The firm is optimistic about Constellation’s plans to restart the Three Mile I...
Gapping up
$Taiwan Semiconductor (TSM.US)$ Shares increased by 0.2% following a Wall Street Journal report that the chipmaker, alongside Samsung, is in discussions to build chip factories in the UAE.
$Constellation Energy (CEG.US)$ Shares gained about 3.3% after Morgan Stanley raised its 12-month price target, implying nearly 23% upside. The firm is optimistic about Constellation’s plans to restart the Three Mile I...
34
2
HenryYee
liked
The much-anticipated rate cut decision has finally arrived, with the Federal Reserve announcing a 50 basis point rate cut! At this pivotal moment, investors need to have a deeper understanding of the background and impact of rate cuts.
Since March 2022, in a bid to curb inflation, the Fed has hiked rates 11 times, bringing it to the current range of 5.25%-5.50%. Now that inflation is under control, the calls for a rate cut are growin...
Since March 2022, in a bid to curb inflation, the Fed has hiked rates 11 times, bringing it to the current range of 5.25%-5.50%. Now that inflation is under control, the calls for a rate cut are growin...
+4
401
176
HenryYee
liked
Do you have difficulties navigating the app, especially if you're new to moomoo? Do you feel frustrated while choosing the right tool to enhance your trading decisions?
At moomoo Learn, we're always listening to user feedback and striving to help you trade with ease and efficiency. We understand that moomoo’s numerous features can sometimes feel overwhelming. Today, we’re excited to walk you through some useful but often overlooked guides. By th...
At moomoo Learn, we're always listening to user feedback and striving to help you trade with ease and efficiency. We understand that moomoo’s numerous features can sometimes feel overwhelming. Today, we’re excited to walk you through some useful but often overlooked guides. By th...
+2
607
224
HenryYee
liked
Columns Odds Surge on Wall Street's Bet on 50 Basis Point Rate Cut, A Blessing or a Curse for Markets?
The jobs report released this week signal a slack in the labor market, reigniting expectations for a significant 50 basis point rate cut. According to the CME FedWatch Tool, traders' anticipation of a substantial 50bp rate cut in September has quietly risen from 34% last week to 41%.
Source: CME FedWatch
Labor market data shows “discrepancies”
● JOLTs data
The job openings fell to 7.67 million in July, ...
Source: CME FedWatch
Labor market data shows “discrepancies”
● JOLTs data
The job openings fell to 7.67 million in July, ...
+2
24
10
HenryYee
liked
Moomoo now offers crypto trading!
We know many of you are excited, but beginners might find terms like 'blockchain,' 'cold wallet,' 'private key,' and 'public key' confusing.
Let’s simplify them for you!
Why crypto emerged
Fiat currencies like the Singapore dollar or US dollar are backed by governments. However, excessive money printing can lead to inflation and decreased value. Cryptocurrencies aim to create a transparent, fair, and...
We know many of you are excited, but beginners might find terms like 'blockchain,' 'cold wallet,' 'private key,' and 'public key' confusing.
Let’s simplify them for you!
Why crypto emerged
Fiat currencies like the Singapore dollar or US dollar are backed by governments. However, excessive money printing can lead to inflation and decreased value. Cryptocurrencies aim to create a transparent, fair, and...
202
75
HenryYee
reacted to
We waited more than 360 days for a 2% daily pullback in the $S&P 500 Index (.SPX.US)$, and it finally happened a week ago. Last week, we saw another significant drop as volatility surged, driven by the busiest week of earnings and a Federal Reserve decision to keep rates unchanged," noted Jay Woods, Chief Global Strategist at Freedom Capital Markets.
This week is expected to be calmer, with a lighter economic cal...
This week is expected to be calmer, with a lighter economic cal...
+3
97
7
HenryYee
liked
Since Federal Reserve Chairman testified on Capitol Hill on July 11, the U.S. stock market has been unstable.
On July 24, we saw a 'Black Wednesday' with the S&P 500 dropping 2.3% and the Nasdaq plunging 3.64%—the worst since the AI boom began.
After a brief stabilization this week, the U.S. stock market resumed its downward trend on Thursday, August 1, with the Nasdaq index falling more than 2%.
Many investors are feeling blindsided and unsure of h...
On July 24, we saw a 'Black Wednesday' with the S&P 500 dropping 2.3% and the Nasdaq plunging 3.64%—the worst since the AI boom began.
After a brief stabilization this week, the U.S. stock market resumed its downward trend on Thursday, August 1, with the Nasdaq index falling more than 2%.
Many investors are feeling blindsided and unsure of h...
+1
444
155
HenryYee
liked
Columns Not Just Nvidia, Market Turbulence Escalates Amid Vix Spike Over 150% – Where Is It Heading?
Last week's market turbulence spilled into Monday, leaving investors on edge as the major U.S. stock indices braced for another volatile day. The CBOE Volatility Index, or VIX, surged over the key 50 level before the market opened on Monday, marking its highest level since April 2020. So much so that futures on the Cboe Volatility Index have inverted, a signal that the here-and-now uncertainty is higher t...
47
5