Jason Fung
commented on and voted
Hey mooers!
Middle East tensions escalated as Iran fired hundreds of missiles at Israel after Hezbollah commander Hassan Nasrallah was killed. This geopolitical strife led U.S. stocks to drop, and the $CBOE Volatility S&P 500 Index (.VIX.US)$ spiked by over 15%, signaling increased investor fear. Consequently, capital shifted to the bond market, pushing yields on 10- and 30-year Treasuries to their lowest in more than a week.
Amid t...
Middle East tensions escalated as Iran fired hundreds of missiles at Israel after Hezbollah commander Hassan Nasrallah was killed. This geopolitical strife led U.S. stocks to drop, and the $CBOE Volatility S&P 500 Index (.VIX.US)$ spiked by over 15%, signaling increased investor fear. Consequently, capital shifted to the bond market, pushing yields on 10- and 30-year Treasuries to their lowest in more than a week.
Amid t...
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Jason Fung
commented on and voted
On Tuesday, September 24th,The People's Bank of China introduced a series of policies including interest rate cuts, lowering mortgage rates, etc.lowered the reserve requirement ratio by 0.5%, providing about 1 trillion yuan of long-term liquidity to the financial market. Specifically, the 7-day reverse repo operation rate was reduced by 0.2% from the current 1.7% to 1.5%, while guiding the loan market quote rate and deposit rate to decrease simultaneously, maintaining the stability of commercial banks' net interest margin. This has significantly boosted the Chinese economy.This also gives investors hope for the economic recovery of mainland China, and they believe this is the beginning of stimulating economic growth.。
After the bullish policy was released, $Alibaba (BABA.US)$ 、 $PDD Holdings (PDD.US)$ 、 $JD.com (JD.US)$ Chinese mainland e-commerce stocks listed in the USA surged. $NASDAQ Golden Dragon China (.HXC.US)$ Out of the 64 components,On September 24, 58 stocks rose in a single day, with 18 of them rising by more than 10%.Pdd holdings, which is not included in China Golden Dragon Index,rose sharply by 11.24%, now trading at $113.80, with the second-highest daily trading volume at $3.4 billion. The major indices of the US stock market continue to rise. $S&P 500 Index (.SPX.US)$ Rising nearly 0.3%, $Dow Jones Industrial Average (.DJI.US)$ It has been setting new closing highs for consecutive days...
After the bullish policy was released, $Alibaba (BABA.US)$ 、 $PDD Holdings (PDD.US)$ 、 $JD.com (JD.US)$ Chinese mainland e-commerce stocks listed in the USA surged. $NASDAQ Golden Dragon China (.HXC.US)$ Out of the 64 components,On September 24, 58 stocks rose in a single day, with 18 of them rising by more than 10%.Pdd holdings, which is not included in China Golden Dragon Index,rose sharply by 11.24%, now trading at $113.80, with the second-highest daily trading volume at $3.4 billion. The major indices of the US stock market continue to rise. $S&P 500 Index (.SPX.US)$ Rising nearly 0.3%, $Dow Jones Industrial Average (.DJI.US)$ It has been setting new closing highs for consecutive days...
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Jason Fung
commented on
Hey mooers!
On September 24, China unveiled its largest economic stimulus package since the pandemic, sparking a surge in AH shares and U.S.-listed Chinese stocks. Consequently, Chinese stocks traded in the U.S. saw significant gains on Tuesday, with the $NASDAQ Golden Dragon China (.HXC.US)$ closing up over 9%, its largest increase since 2022. Notable stocks included $Kanzhun (BZ.US)$ soaring over 19%, $Bilibili (BILI.US)$ up 17%...
On September 24, China unveiled its largest economic stimulus package since the pandemic, sparking a surge in AH shares and U.S.-listed Chinese stocks. Consequently, Chinese stocks traded in the U.S. saw significant gains on Tuesday, with the $NASDAQ Golden Dragon China (.HXC.US)$ closing up over 9%, its largest increase since 2022. Notable stocks included $Kanzhun (BZ.US)$ soaring over 19%, $Bilibili (BILI.US)$ up 17%...
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Jason Fung
commented on and voted
Hi, mooers!
Welcome back to Maple Market Challenge!
Like always, let's reveal the answer to last week's quiz: Which segment of Intel is planning to spin off into an independent subsidiary? The answer is "Intel Foundry Business".
92% mooers chose the correct answer! A big round of applause to those who got it right! Each of you will receive 20 points. Plus, we're giving 50 points to everyone who left a comment. Well done, everyone! A privat...
Welcome back to Maple Market Challenge!
Like always, let's reveal the answer to last week's quiz: Which segment of Intel is planning to spin off into an independent subsidiary? The answer is "Intel Foundry Business".
92% mooers chose the correct answer! A big round of applause to those who got it right! Each of you will receive 20 points. Plus, we're giving 50 points to everyone who left a comment. Well done, everyone! A privat...
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Jason Fung
commented on
Hey mooers!
In the investment world, Federal Reserve decisions guide capital flow like a lighthouse. At the September FOMC meeting, the Fed announced a notable 50 basis point rate cut, concluding the rate-hiking cycle that started in March 2022.
This decision met the expectations set by CME interest rate futures. Despite the cut, Chair Powell adopted a cautious tone about future reductions, clarifying that this adjustment was ...
In the investment world, Federal Reserve decisions guide capital flow like a lighthouse. At the September FOMC meeting, the Fed announced a notable 50 basis point rate cut, concluding the rate-hiking cycle that started in March 2022.
This decision met the expectations set by CME interest rate futures. Despite the cut, Chair Powell adopted a cautious tone about future reductions, clarifying that this adjustment was ...
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Jason Fung
commented on and voted
Hi, mooers!
Welcome back to Maple Market Challenge!
Like always, let's reveal the answer to last week's quiz: What is the reason behind Palantir and Dell joining the S&P 500 on September 23? The answer is "the rising momentum in AI".
96% mooers chose the correct answer! A big round of applause to those who got it right! Each of you will receive 20 points. Plus, we're giving 50 points to everyone who left a comment....
Welcome back to Maple Market Challenge!
Like always, let's reveal the answer to last week's quiz: What is the reason behind Palantir and Dell joining the S&P 500 on September 23? The answer is "the rising momentum in AI".
96% mooers chose the correct answer! A big round of applause to those who got it right! Each of you will receive 20 points. Plus, we're giving 50 points to everyone who left a comment....
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Jason Fung
voted
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...
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Jason Fung
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Ensure you keep track of the September Financial Event Calendar, and seize opportunities to enhance your financial prospects.
Harris-Trump Debate: the markets seem to have declared a winner.
On September 12, Trump and Harris participated in their first televised debate, marking their initial formal meeting. Did you miss the live broadcast? Click here to catch up>>
During the debate, Harris and Trump engaged in intense...
Harris-Trump Debate: the markets seem to have declared a winner.
On September 12, Trump and Harris participated in their first televised debate, marking their initial formal meeting. Did you miss the live broadcast? Click here to catch up>>
During the debate, Harris and Trump engaged in intense...
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Jason Fung
commented on and voted
Hi, mooers!
Welcome back to Maple Market Challenge!
Like always, let's reveal the answer to last week's quiz: Why did the Bank of Canada cut the key policy rate for a third time? The answer is "To avoid landing the inflation rate too far below the target".
84% mooers chose the correct answer! A big round of applause to those who got it right! Each of you will receive 20 points. Plus, we're giving 50 points to every...
Welcome back to Maple Market Challenge!
Like always, let's reveal the answer to last week's quiz: Why did the Bank of Canada cut the key policy rate for a third time? The answer is "To avoid landing the inflation rate too far below the target".
84% mooers chose the correct answer! A big round of applause to those who got it right! Each of you will receive 20 points. Plus, we're giving 50 points to every...
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Jason Fung
commented on
Hey mooers!
Canada's five major banks recently released their Q3 2024 financial reports amid interest rate cuts. Performance varied, with $Royal Bank of Canada (RY.CA)$ and $Canadian Imperial Bank of Commerce (CM.US)$ exceeding expectations. $Bank of Nova Scotia (BNS.CA)$ saw higher revenues but lower profits, while $Bank of Montreal (BMO.CA)$ and $The Toronto-Dominion Bank (TD.CA)$ underperformed. For more analysis of their financials and dividends, click here for a more detailed reading>>
Canada's five major banks recently released their Q3 2024 financial reports amid interest rate cuts. Performance varied, with $Royal Bank of Canada (RY.CA)$ and $Canadian Imperial Bank of Commerce (CM.US)$ exceeding expectations. $Bank of Nova Scotia (BNS.CA)$ saw higher revenues but lower profits, while $Bank of Montreal (BMO.CA)$ and $The Toronto-Dominion Bank (TD.CA)$ underperformed. For more analysis of their financials and dividends, click here for a more detailed reading>>
Jason Fung : I enjoy reading your weekly syrup and like that it's a short and entertaining read and you can win points by contributing to the discussion (e.g. participating in the poll or add your comments). Kudos to @Moomoo CA for writing it every week to keep us all informed about the latest news and trend of the market.