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Tonight 8.30pm data is gonna be the most important data of the year‼️ As it gives the direction whether FED is gonna cut 25 or 50 basis point in the Sept FOMC Meeting‼️ Last Month because of Rising unemployment and weak Non Farm Payroll data that led Nasdaq to bleed at least 3% -4% and followed by the 6% drop on Black Monday🫠 So we have to be aware of this data tonight 😄
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What am I...
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Consumer sentiment in July were slightly weaker than economists estimated, while the Federal Reserve's preferred inflation gauge rose in line with Wall Street estimates in June, adding to a pile of economic data that may sway policymakers to start cutting interest rates in September.
The University of Michigan's consumer sentiment index fell to 66.4 this month, from 68.2 in June. That's slightly lower than the 66.5 expected in a Bloomber...
The University of Michigan's consumer sentiment index fell to 66.4 this month, from 68.2 in June. That's slightly lower than the 66.5 expected in a Bloomber...
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While the second half of the year brings unknowns, it's worth noting that some market sectors have performed better than others. Our discussion 2023 Mid-Year Outlook: What's your next eyeing sector? brings together knowledgeable mooers who share their sector analysis and market strategies. In this post, we've gathered some of the key insights to help you navigate the market with greater confidence.
So where ...
So where ...
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$Apple (AAPL.US)$ exported more than $2.5 billion of iPhones from India from April to December, nearly twice the previous fiscal year’s total, underscoring how the US tech giant is accelerating a shift from China with geopolitical tensions on the rise.
Apple’s contract manufacturers currently make iPhones at plants in southern India. But production in the country is just beginning. About 3 million of the devices were made in India in 2021, ...
Apple’s contract manufacturers currently make iPhones at plants in southern India. But production in the country is just beginning. About 3 million of the devices were made in India in 2021, ...
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$Microsoft (MSFT.US)$
Similarly, the data was better than expected. After the last data release, the stock price fell sharply at the opening, and after a few minutes of downturn (at that time, the Nasdaq was less than 1% away from 10,000), the market began to rebound significantly. It rose from more than -3% to around 2% during the trading day. The movement was even smoother than this time.
How to predict such a trend, or are there any areas that can be referenced?
After the last data release, the trend of that day was a typical bearish trend exhausted, with some funds starting to rebound emotionally. In addition, at that time, the Nasdaq was already very close to breaking through the 10,000 points, and there would definitely be funds participating in the rebound market game. As a result, the market emerged in the midst of divergence.
The situation at the time was that the CPI data exceeded expectations, causing the market to plummet multiple times. Because once the data is very poor, a large amount of funds will instinctively participate in short selling and selling off, and the funds that kill the shorts or play reversal games will start.
This CPI data is considered a standard bullish event. Although the CPI still maintains an increase of over 7 points, it has shown a decline. Because before the data came out, the market had fully priced in the CPI, so even if there is a slight hope of bullishness, there is also the possibility of a short squeeze. And that's how it played out this week. Of course, the differences are still quite obvious, but you can see that half an hour before the market opened, there was a shift from divergence to convergence. This is also the best opportunity for the bears to exit, for example, I decisively shorted Tesla at the opening, luckily I ran fast, otherwise it would've been game over.
If you really want to delve into the issue of inflation, in fact, I don't think there has been any substantial improvement...
Similarly, the data was better than expected. After the last data release, the stock price fell sharply at the opening, and after a few minutes of downturn (at that time, the Nasdaq was less than 1% away from 10,000), the market began to rebound significantly. It rose from more than -3% to around 2% during the trading day. The movement was even smoother than this time.
How to predict such a trend, or are there any areas that can be referenced?
After the last data release, the trend of that day was a typical bearish trend exhausted, with some funds starting to rebound emotionally. In addition, at that time, the Nasdaq was already very close to breaking through the 10,000 points, and there would definitely be funds participating in the rebound market game. As a result, the market emerged in the midst of divergence.
The situation at the time was that the CPI data exceeded expectations, causing the market to plummet multiple times. Because once the data is very poor, a large amount of funds will instinctively participate in short selling and selling off, and the funds that kill the shorts or play reversal games will start.
This CPI data is considered a standard bullish event. Although the CPI still maintains an increase of over 7 points, it has shown a decline. Because before the data came out, the market had fully priced in the CPI, so even if there is a slight hope of bullishness, there is also the possibility of a short squeeze. And that's how it played out this week. Of course, the differences are still quite obvious, but you can see that half an hour before the market opened, there was a shift from divergence to convergence. This is also the best opportunity for the bears to exit, for example, I decisively shorted Tesla at the opening, luckily I ran fast, otherwise it would've been game over.
If you really want to delve into the issue of inflation, in fact, I don't think there has been any substantial improvement...
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Production of $Apple (AAPL.US)$ 's iPhones could slump by as much as 30% at one of the world's biggest factories next month due to tightening COVID-19 curbs in China, a person with direct knowledge of the matter said on Monday.
Manufacturer Foxconn, formally Hon Hai Precision Industry Co Ltd, is working to boost production at another factory in Shenzhen city to make up for the shortfall, said the person, decli...
Manufacturer Foxconn, formally Hon Hai Precision Industry Co Ltd, is working to boost production at another factory in Shenzhen city to make up for the shortfall, said the person, decli...
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Happy Friday everyone! This is our 6th Q&A column. We hope this helps.
At first, let us make a research as your opinion matters.
Hope you enjoy our last live- NIO Conference Call.
Now, we would like to hear your suggestions on the next two earnings call podcasts, they are NVIDIA and Alibaba.
...
At first, let us make a research as your opinion matters.
Hope you enjoy our last live- NIO Conference Call.
Now, we would like to hear your suggestions on the next two earnings call podcasts, they are NVIDIA and Alibaba.
...
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