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Asia stocks eye climb after U.S. rally on earnings
Asian stocks looked set to follow U.S. equities higher Friday after earnings helped Wall Street to a record close as some of the growth concerns stirred by the delta coronavirus strain eased.
Futures rose in Japan and Hong Kong and were steady in Australia. U.S. contracts fluctuated after the S&P 500 and Nasdaq 100 reached new peaks. A second weekly drop in U.S. jobless claims stoked optimism for a strong payrolls report Friday, which could spark market swings.
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Asian stocks looked set to follow U.S. equities higher Friday after earnings helped Wall Street to a record close as some of the growth concerns stirred by the delta coronavirus strain eased.
Futures rose in Japan and Hong Kong and were steady in Australia. U.S. contracts fluctuated after the S&P 500 and Nasdaq 100 reached new peaks. A second weekly drop in U.S. jobless claims stoked optimism for a strong payrolls report Friday, which could spark market swings.
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By Julianna
Hey, moomooers! Here are things you need to know before the opening bell:
- U.S. stock index futures were little changed during early morning trading on Friday, ahead of the highly anticipated jobs report.
- The online sports betting and casino games firm DraftKings will reports earnings before today's market open.
Market Snapshot
U.S. stock index futures were little changed during early morning trading on Friday, ahead of the highly anticipated jobs report.
...
Hey, moomooers! Here are things you need to know before the opening bell:
- U.S. stock index futures were little changed during early morning trading on Friday, ahead of the highly anticipated jobs report.
- The online sports betting and casino games firm DraftKings will reports earnings before today's market open.
Market Snapshot
U.S. stock index futures were little changed during early morning trading on Friday, ahead of the highly anticipated jobs report.
...
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For beginners, placing an order sometimes can be a difficult task.
In this video, we will guide you on how to place a market/limit order.
Follow us for more tutorials.
For more guides, please refer to moomoo courses at https://live.moomoo.com/college
Have fun with your financial journey on moomoo!
$AMC Entertainment (AMC.US)$ $Tesla (TSLA.US)$ $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Nasdaq Composite Index (.IXIC.US)$
In this video, we will guide you on how to place a market/limit order.
Follow us for more tutorials.
For more guides, please refer to moomoo courses at https://live.moomoo.com/college
Have fun with your financial journey on moomoo!
$AMC Entertainment (AMC.US)$ $Tesla (TSLA.US)$ $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Nasdaq Composite Index (.IXIC.US)$
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Hi Moomooers, we have noticed that some of you are confused with time ranges above charts. Today, we will give you a brief explanation. Feel free to save this picture as a guide.
In the future update with the PC version, we will have more flexible time range options. Let's keep updated.
If you have any questions or comments, please leave below. See you next time.
In the future update with the PC version, we will have more flexible time range options. Let's keep updated.
If you have any questions or comments, please leave below. See you next time.
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A short answer is no (below I explain why). But there are ways around it (below I explain how).
A classic stop loss (=if triggered sell immediately for any price) doesn’t work outside of market hours (4AM to 9:30AM and 4:00PM to 8:00PM) because it triggers market order and only limit orders are permitted outside of market hours due to wide bid/ask spreads.
The solution would be a conditional order (not all brokers offer it, I trade with Moomoo)
Example.
Need to set a stop loss of $110 for my 10 shares of AAPL that will work outside of market hours as long as I’m holding the position.
Go to Conditional orders. “If falls to $110, sell at limit price of $108 (allowing $2 slippage: it will sell for the best price available not lower than $108, but if there are no buyers for $108 and higher it wouldn’t sell then; if you need to sell for any price, put $1 then), 10 shares, 30 days expiration (can chose: today, tomorrow, 1 week, 2 weeks, 30 days), allow to fill outside of market hours.
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A classic stop loss (=if triggered sell immediately for any price) doesn’t work outside of market hours (4AM to 9:30AM and 4:00PM to 8:00PM) because it triggers market order and only limit orders are permitted outside of market hours due to wide bid/ask spreads.
The solution would be a conditional order (not all brokers offer it, I trade with Moomoo)
Example.
Need to set a stop loss of $110 for my 10 shares of AAPL that will work outside of market hours as long as I’m holding the position.
Go to Conditional orders. “If falls to $110, sell at limit price of $108 (allowing $2 slippage: it will sell for the best price available not lower than $108, but if there are no buyers for $108 and higher it wouldn’t sell then; if you need to sell for any price, put $1 then), 10 shares, 30 days expiration (can chose: today, tomorrow, 1 week, 2 weeks, 30 days), allow to fill outside of market hours.
...
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In the Moo sector, click on Publish, or click on the orange pencil icon to publish updates, columns, or notes.
You can like, comment, or share posts.
For more exciting courses, please visit:
https://live.moomoo.com/college
$S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Dow Jones Industrial Average (.DJI.US)$ $Apple (AAPL.US)$ $Tesla (TSLA.US)$ $AMC Entertainment (AMC.US)$
You can like, comment, or share posts.
For more exciting courses, please visit:
https://live.moomoo.com/college
$S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Dow Jones Industrial Average (.DJI.US)$ $Apple (AAPL.US)$ $Tesla (TSLA.US)$ $AMC Entertainment (AMC.US)$
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