RoyLoy
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Hey moomooers,
Here is the latest Market Recap for you.
U.S. stocks rose Friday with major indexes hitting new records as they overcame concerns about economic growth from earlier this week.
Stocks to watch: $Intel(INTC.US$, $Twitter (Delisted)(TWTR.US$, $Snap Inc(SNAP.US$, $American Express(AXP.US$, etc.
Market Snapshot
U.S. equities rose Friday with the major averages hitting new records as they overcame concerns about economic growth from earlier in the week....
Here is the latest Market Recap for you.
U.S. stocks rose Friday with major indexes hitting new records as they overcame concerns about economic growth from earlier this week.
Stocks to watch: $Intel(INTC.US$, $Twitter (Delisted)(TWTR.US$, $Snap Inc(SNAP.US$, $American Express(AXP.US$, etc.
Market Snapshot
U.S. equities rose Friday with the major averages hitting new records as they overcame concerns about economic growth from earlier in the week....
![Market Recap: Dow hit 35,000 milestone for the first time ever](https://ussnsimg.moomoo.com/16270880943699-77777011-web-a9283d955f47fced.jpg/thumb)
![Market Recap: Dow hit 35,000 milestone for the first time ever](https://ussnsimg.moomoo.com/16270887913746-77777011-web-1e87ab1b6944d19f.png/thumb)
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RoyLoy
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Another round of earnings season is coming this week. US conglomerates are expected to reveal the strongest ever rebound in revenue second-quarter earnings season, supported by the scale of the recovery in corporate America’s fortunes since the depths of 2020.
While earnings are expected to reach a peak in the second quarter, the above chart also illustrates how sharp they fell a year ago, when households and much of the economy were bruised badly by the global public health crisis.
More broadly, companies in the...
While earnings are expected to reach a peak in the second quarter, the above chart also illustrates how sharp they fell a year ago, when households and much of the economy were bruised badly by the global public health crisis.
More broadly, companies in the...
![Wall Street cheers for the peaking earning season](https://ussnsimg.moomoo.com/4609856822947946471.jpg/thumb)
![Wall Street cheers for the peaking earning season](https://ussnsimg.moomoo.com/6760647518814470158.jpg/thumb)
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RoyLoy
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By Jimmy
Weekly market recap
For the week, the $S&P 500 Index(.SPX.US$advanced 0.67%, the $Dow Jones Industrial Average(.DJI.US$gained 1.02%, and the $Nasdaq Composite Index(.IXIC.US$rose 1.94%.
The year's second half started in the way the first half ended, with stock indexes levitating a bit day by day, bond yields drifting lower, and options-based volatility measures edging toward somnolence. Not even Friday's news of a stronger-than-expected June jobs gain could disturb the mellow mood, which might reflect the focus of traders and investors on the long Independence Day weekend, rather than the markets.
The 850,000 jump in nonfarm payrolls handily topped economists' guesses that centered around 720,000, in contrast to misses on the downside in the two preceding months. As in April and May, the latest increase was powered by another big jump (343,000) in leisure and hospitality positions as the economy continued to reopen following pandemic-related restric...
Weekly market recap
For the week, the $S&P 500 Index(.SPX.US$advanced 0.67%, the $Dow Jones Industrial Average(.DJI.US$gained 1.02%, and the $Nasdaq Composite Index(.IXIC.US$rose 1.94%.
The year's second half started in the way the first half ended, with stock indexes levitating a bit day by day, bond yields drifting lower, and options-based volatility measures edging toward somnolence. Not even Friday's news of a stronger-than-expected June jobs gain could disturb the mellow mood, which might reflect the focus of traders and investors on the long Independence Day weekend, rather than the markets.
The 850,000 jump in nonfarm payrolls handily topped economists' guesses that centered around 720,000, in contrast to misses on the downside in the two preceding months. As in April and May, the latest increase was powered by another big jump (343,000) in leisure and hospitality positions as the economy continued to reopen following pandemic-related restric...
![What to expect in the week ahead (LEVI, SGH)](https://ussnsimg.moomoo.com/3157458196077346339.jpg/thumb)
![What to expect in the week ahead (LEVI, SGH)](https://ussnsimg.moomoo.com/6779333254449778179.png/thumb)
![What to expect in the week ahead (LEVI, SGH)](https://ussnsimg.moomoo.com/9167115160909577242.png/thumb)
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RoyLoy
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1. Definition of Technical Indicators
Technical indicators are calculated based on historical data of the stock market through certain statistical algorithms.
Aided by technical indicators, we can judge whether the market is following a trend or in a state of consolidation.
In addition, indicators can also provide specific market signals, such as trend reversal signals and overbought/oversold signals.
2. Types of Commonly Used Indicators...
Technical indicators are calculated based on historical data of the stock market through certain statistical algorithms.
Aided by technical indicators, we can judge whether the market is following a trend or in a state of consolidation.
In addition, indicators can also provide specific market signals, such as trend reversal signals and overbought/oversold signals.
2. Types of Commonly Used Indicators...
![Technical Analysis 101: Introduction to technical indicators](https://ussnsimg.moomoo.com/16255411068617-77777015-web-0f4b4a53086aa9c5.jpg/thumb)
![Technical Analysis 101: Introduction to technical indicators](https://ussnsimg.moomoo.com/16255412023201-77777015-web-8c628cbba18d32bb.png/thumb)
![Technical Analysis 101: Introduction to technical indicators](https://ussnsimg.moomoo.com/16255412051755-77777015-web-21ea85596b2855e0.png/thumb)
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RoyLoy
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The S&P 500 shrugged off weaker Jun seasonality and scored another new all-time high last trading session.
This cleared 4238-4257 resistance to confirm a bullish cup and handle that sets up bullish summer seasonality with upside potential to 4400-4420.
This means that the $S&P 500 Index(.SPX.US$has an upside beyond the 2020 cup and handle count at 4250, which the SPX achieved last week. Supports are 4257-4238 and 4193 to 4168-4164(June lows).
1. On the...
This cleared 4238-4257 resistance to confirm a bullish cup and handle that sets up bullish summer seasonality with upside potential to 4400-4420.
This means that the $S&P 500 Index(.SPX.US$has an upside beyond the 2020 cup and handle count at 4250, which the SPX achieved last week. Supports are 4257-4238 and 4193 to 4168-4164(June lows).
1. On the...
![Broader market recap: New highs with 4400 in sight](https://ussnsimg.moomoo.com/1347517235456421473.png/thumb)
![Broader market recap: New highs with 4400 in sight](https://ussnsimg.moomoo.com/1139835100396206167.png/thumb)
![Broader market recap: New highs with 4400 in sight](https://ussnsimg.moomoo.com/8512819301687780605.png/thumb)
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RoyLoy
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Happy Monday mooers! How did you celebrate Father's Day? Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes last week! (Nano caps are excluded.)
Upcoming Live
This week, @moo_Livewill live stream the $BlackBerry(BB.US$Q1 2022 Earnings Conference Call in moo community for informational purposes. Follow @moo_Liveand stay tuned!
Back to weekly buzz, every major index moved lower last week. Here's the ...
Upcoming Live
This week, @moo_Livewill live stream the $BlackBerry(BB.US$Q1 2022 Earnings Conference Call in moo community for informational purposes. Follow @moo_Liveand stay tuned!
Back to weekly buzz, every major index moved lower last week. Here's the ...
![Weekly Buzz: Be Patient.](https://ussnsimg.moomoo.com/1624261109566-77777000-android-org.png/thumb)
![Weekly Buzz: Be Patient.](https://ussnsimg.moomoo.com/1624261109596-77777000-android-org.jpg/thumb)
![Weekly Buzz: Be Patient.](https://ussnsimg.moomoo.com/1624261109629-77777000-android-org.gif/thumb)
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