Siqi Lei
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Siqi Lei
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Trading FOMC increasingly seems to me like a bad idea. Anyone ever actually made money trading FOMC day?
Higher than expected rate cuts should make stocks go up.. right?
I think I’m done trying to trade macro news. Technical analysis & charts it is. Markets response to news is incredibly unpredictable, technical analysis is frowned upon but has proven a lot more reliable in my experience
Would love to know thoughts![]()
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$S&P 500 Index (.SPX.US)$
Higher than expected rate cuts should make stocks go up.. right?
I think I’m done trying to trade macro news. Technical analysis & charts it is. Markets response to news is incredibly unpredictable, technical analysis is frowned upon but has proven a lot more reliable in my experience
Would love to know thoughts
$S&P 500 Index (.SPX.US)$
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Siqi Lei
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It is Wednesday May 15th, Meme stocks are pulling back after a two day rush, but the S&P 500 and Nasdaq hit record highs after April inflaiton data came in low.
My name is Kevin Travers, here are updates on WallStreetBets Stocks, and stories about the moving market today. $GameStop (GME.US)$ pulled back 30%, after a 60% Tuesday rally, and a 296% rally for the past five days.
$AMC Entertainment pulled back 25% after a 32% increase at Tuesday's ...
My name is Kevin Travers, here are updates on WallStreetBets Stocks, and stories about the moving market today. $GameStop (GME.US)$ pulled back 30%, after a 60% Tuesday rally, and a 296% rally for the past five days.
$AMC Entertainment pulled back 25% after a 32% increase at Tuesday's ...
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Siqi Lei
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*WHAT HAPPENED OVERNIGHT*
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-> SPX +0.63%, Nasdaq +0.82%
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-> AI stocks (i.e. NVDA) led US equities higher
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-> UST 10y yield + 2 bps to 4.33%
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-> Dollar Index +0.12% to 103.59
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-> Oil up 2.0% to $87.01/bbl
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-> Bk of Japan today, Fed tomorrow
The stock market saw gains on Monday, boosted by big-name tech companies like Alphabet and Tesla, which helped lift the Nasdaq index. Many of us, just like me, were keeping a close eye on the market as we...
The stock market saw gains on Monday, boosted by big-name tech companies like Alphabet and Tesla, which helped lift the Nasdaq index. Many of us, just like me, were keeping a close eye on the market as we...
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Siqi Lei
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FOMC happens Wednesday.
Will the Fed cut?🤔
🤩Key takeaways
The Federal Reserve is expected to leave borrowing costs at a 23-year high of 5.25-5.5 percent, pushing back on investors’ hopes that it’ll be quick to cut interest rates.
Inflation is not slowing as quickly as it once was, with consumer prices rising 3.2 percent in February and hitting a hotter 3.8 percent when excluding food and energy.
Consumers should focus on paying off debt and improving their credit scor...
Will the Fed cut?🤔
🤩Key takeaways
The Federal Reserve is expected to leave borrowing costs at a 23-year high of 5.25-5.5 percent, pushing back on investors’ hopes that it’ll be quick to cut interest rates.
Inflation is not slowing as quickly as it once was, with consumer prices rising 3.2 percent in February and hitting a hotter 3.8 percent when excluding food and energy.
Consumers should focus on paying off debt and improving their credit scor...
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Siqi Lei
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Wall Street's tech giants continued to extend their gains recently. The Nasdaq 100 has once again outperformed other major indices, driven by the Magnificent 7.
$Microsoft (MSFT.US)$ has hit a new high for three consecutive days and surpassed $367 per share last week, solidifying its position as a major AI winner. Microsoft's market capitalization has now reached $2.73 trillion, trailing $Apple (AAPL.US)$'s by just $150 bil...
$Microsoft (MSFT.US)$ has hit a new high for three consecutive days and surpassed $367 per share last week, solidifying its position as a major AI winner. Microsoft's market capitalization has now reached $2.73 trillion, trailing $Apple (AAPL.US)$'s by just $150 bil...
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Siqi Lei
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Hey, mooers! Welcome back to Monthly Buzz. ![]()
October was another crazy month for the markets. Seasonally, this tends to be a tough time for the stock market. Combined with many macroeconomic and geopolitical issues across the world, the markets were filled with uncertainty.![]()
This year, the "magnificent seven” mega-cap tech stocks have been supporting the Nasdaq 100 and the S&P 500, but Q3 earnings reports have ultimately given the short-sellers the ...
October was another crazy month for the markets. Seasonally, this tends to be a tough time for the stock market. Combined with many macroeconomic and geopolitical issues across the world, the markets were filled with uncertainty.
This year, the "magnificent seven” mega-cap tech stocks have been supporting the Nasdaq 100 and the S&P 500, but Q3 earnings reports have ultimately given the short-sellers the ...
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Siqi Lei
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$Apple (AAPL.US)$ is releasing its Q4 FY2023 earnings on November 2 after the bell. How will the market react to the company's quarterly results? Vote your answer to participate!
Rewards
● An equal share of 1,000 points: For mooers who correctly guess the price range of $Apple (AAPL.US)$'s opening price at 9:30 AM ET November 3 (e.g., If 50 mooers make a correct guess, each of them will get 20 points.)
(Vote will...
Rewards
● An equal share of 1,000 points: For mooers who correctly guess the price range of $Apple (AAPL.US)$'s opening price at 9:30 AM ET November 3 (e.g., If 50 mooers make a correct guess, each of them will get 20 points.)
(Vote will...
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