Good morning mooers! Here are things you need to know about today's market:
● Market Slides Amid Heavy Earnings Week Ahead of U.S. Election
● PM Anwar: Decision on T15 Income Classification for Petrol Subsidies Pending
● PM Anwar Expected to Launch National AI Office on December 12
● Stocks to Watch: Gamuda, OB Holdings, MyEG, MN Holdings, etc.
- Moomoo News MY
Wall Street Summary
The stock market...

With the Fed’s recent rate cut of 50 bps, I’ve revisited my current positions and updated my strategy for Q4:
5 Dos:
1. Do manage sold puts carefully: Roll them if necessary to avoid further losses, especially on tech stocks.
2. Do capitalize on tech strength: Consider adding more long positions or calls in tech (e.g., Nvidia, Microsoft).
3. Do stay updated on Fed actions: Rate cuts will impact market trends, especially in growth sectors.
4. Do adjus...

Strategy shifts: In lieu of the rate cuts I have started allocating cash into bond related funds
Unexpected gains: Does moomoo rewards counts as unexpected gains?
Future tactics: Continue to closely monitor the market and never stop learning & earning both at the same time
Here are 5 Dos and 5 Don'ts for position/portfolio adjustments:
5 Dos:
▲Set clear goals: Define your investment objectives, risk tolerance, and time horizon before making adjustments
▲Monitor and reb...