KelvinTee
voted
$Intel (INTC.US)$ bulls are pouring millions into the lagging chipmaker even as technical indicators flash warning signs that the rally could be losing steam.
Inflows outpaced outflows by $139.7 million as of 3:24 p.m. on Tuesday. That would be the straight net inflow into Intel. The bulls are also taking positions in put options that could become profitable if the stock price climbs above $30 over the next tw...
Inflows outpaced outflows by $139.7 million as of 3:24 p.m. on Tuesday. That would be the straight net inflow into Intel. The bulls are also taking positions in put options that could become profitable if the stock price climbs above $30 over the next tw...
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KelvinTee
voted
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...
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KelvinTee
voted
Gold prices hit new milestones last week, reaching a fresh record high of $2,600 on Friday. Expectations of further interest rate cuts bolstered the appeal of bullion, but that is not the only reason.
The rising deficit rate in the U.S. is one of the key forces driving gold prices. Historically, Gold prices and the US deficit rate have shown good synchronicity historically:
1. From 1984 to 2000, the US deficit ra...
The rising deficit rate in the U.S. is one of the key forces driving gold prices. Historically, Gold prices and the US deficit rate have shown good synchronicity historically:
1. From 1984 to 2000, the US deficit ra...
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KelvinTee
voted
Hi, mooers!
$Micron Technology (MU.US)$ is releasing its Q4 FY2024 earnings on September 25 after the bell. Unlock insights with MU Earnings Hub>>
For the details of indicator sentiment, please tap the link and check.
Since its Q3 FY2024 earnings release, shares of $Micron Technology (MU.US)$ have seen decrease of 34.22%. How will the market react to the upcoming results? Make your guess now!
Rewards
● An equal share of 5,000 poin...
$Micron Technology (MU.US)$ is releasing its Q4 FY2024 earnings on September 25 after the bell. Unlock insights with MU Earnings Hub>>
For the details of indicator sentiment, please tap the link and check.
Since its Q3 FY2024 earnings release, shares of $Micron Technology (MU.US)$ have seen decrease of 34.22%. How will the market react to the upcoming results? Make your guess now!
Rewards
● An equal share of 5,000 poin...
Expand
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132
KelvinTee
voted
$Palantir (PLTR.US)$ is seeing increasing volume in put options as bulls and bears spar to gain control of the market.
Shares of the data-analysis software provider opened Monday as much as 1.7% lower on its first day of trading as a constituent of the $S&P 500 Index (.SPX.US)$ after Raymond James analyst Brian Gesuale lowered his rating on the stock. The rating was revised to market perform from outperform, as the analy...
Shares of the data-analysis software provider opened Monday as much as 1.7% lower on its first day of trading as a constituent of the $S&P 500 Index (.SPX.US)$ after Raymond James analyst Brian Gesuale lowered his rating on the stock. The rating was revised to market perform from outperform, as the analy...
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9
KelvinTee
voted
$Alibaba (BABA.US)$ investors and speculators are piling into call options that give the holders the right to buy its American depositary shares at $100 each after Tuesday's rally took the ADSs to the highest in more than a year.
As of 12:16 p.m. in New York Tuesday, more than 98,500 call options with the $100 strike price changed hands across 19 expiration dates that stretch through Jan. 15, 2027, according to data tracked...
As of 12:16 p.m. in New York Tuesday, more than 98,500 call options with the $100 strike price changed hands across 19 expiration dates that stretch through Jan. 15, 2027, according to data tracked...
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KelvinTee
voted
The Federal Reserve is set to announce its first rate cut in over four years on Wednesday, signaling a major pivot from its previous emphasis on inflation control.
Markets remain split on the scale of the cut. Futures markets indicate a 63% chance of a 50-basis-point reduction as of Wednesday morning, up from 14% a week ago. The odds of a 25-basis-point cut stand at 37%.
Wall Street and the futures market show divergence as most institutio...
Markets remain split on the scale of the cut. Futures markets indicate a 63% chance of a 50-basis-point reduction as of Wednesday morning, up from 14% a week ago. The odds of a 25-basis-point cut stand at 37%.
Wall Street and the futures market show divergence as most institutio...
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KelvinTee
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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KelvinTee
voted
Singapore has been getting expensive, not just for luxuries but also essentials. Most evident is the price of hawker food as well as mid-range eateries like Ya Kun and Toast Box. When a traditional kaya toast set costs more than a McDonald’s value meal, you know something is not right. In my personal opinion, some of the price adjustments are out of proportion to the purported increase in costs. Although the government has said it would monitor for errant bus...
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