Stellar88
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Hello mooers!
As September 2024 comes to a close, we take a moment to reflect on a tumultuous month marked by significant market volatility and pivotal economic events that shaped trading strategies and decision-making within our dynamic community. From Nvidia's somber guidance that triggered a downturn to the eagerly awaited Federal Reserve rate cuts and the positive surge in Chinese stocks following policy stimuli, mooers ...
As September 2024 comes to a close, we take a moment to reflect on a tumultuous month marked by significant market volatility and pivotal economic events that shaped trading strategies and decision-making within our dynamic community. From Nvidia's somber guidance that triggered a downturn to the eagerly awaited Federal Reserve rate cuts and the positive surge in Chinese stocks following policy stimuli, mooers ...
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Stellar88
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Rewards
● An equal share of 1,000 points: For mooers who correctly guess Grab's closing price range on 23 August ET by 2:30 PM, August 23 ET. (e.g., If 50 mooers make a correct guess, each of them will get 20 points.)
● Exclusive 300 points: For the writer of the top post on analyzing Grab's earnings preview as an inspiration reward.
*The selection is based on post quality, originality, and user engagement.
Note: 1. Rew...
● An equal share of 1,000 points: For mooers who correctly guess Grab's closing price range on 23 August ET by 2:30 PM, August 23 ET. (e.g., If 50 mooers make a correct guess, each of them will get 20 points.)
● Exclusive 300 points: For the writer of the top post on analyzing Grab's earnings preview as an inspiration reward.
*The selection is based on post quality, originality, and user engagement.
Note: 1. Rew...
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Stellar88
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[Rewards] Sea Limited plunges after Q2 earnings miss, bone or bane?
Claim your Earnings Season offer by winning Rewards Points and discovering Investment Opportunities!
KEY Figures:
● Sea Limited Q2 total revenue was $3.1 billion, representing a single-digit increase of 5.2% YoY (year-over-year).
● Q2 net income turned positive to $331.0 million, as compared to a total net loss of $(931.2) million for the second quarter of 2022.
● The E-commerce sector's revenue...
Claim your Earnings Season offer by winning Rewards Points and discovering Investment Opportunities!
KEY Figures:
● Sea Limited Q2 total revenue was $3.1 billion, representing a single-digit increase of 5.2% YoY (year-over-year).
● Q2 net income turned positive to $331.0 million, as compared to a total net loss of $(931.2) million for the second quarter of 2022.
● The E-commerce sector's revenue...
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Stellar88
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Good day mooers!
Welcome to StockTalk: Daily, Insightfully, Rewardingly!
[Rewards awaiting]
8 points for all mooers who participated in the poll below.
88 points for mooers who share their insightful ideas by commenting down.
$Sea (SE.US)$Sea Ltd's stock plummeted by 29%, causing a loss of nearly $10 billion in market value and a quarter of co-founder Forrest Li's fortune. The company's disappointi...
Welcome to StockTalk: Daily, Insightfully, Rewardingly!
[Rewards awaiting]
8 points for all mooers who participated in the poll below.
88 points for mooers who share their insightful ideas by commenting down.
$Sea (SE.US)$Sea Ltd's stock plummeted by 29%, causing a loss of nearly $10 billion in market value and a quarter of co-founder Forrest Li's fortune. The company's disappointi...
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Stellar88
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$PayPal (PYPL.US)$ should I sell now? bought it when the price was at its peak $250. very disappointed to see the price keep dropping.
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Columns Do you want Tesla Santa Mode?
A couple of days ago, Elon Musk posted a tweet that provided a timeline for the latest version of FSD beta. While discussing version 10.8 (they're skipping 10.7), he also included a cryptic line about 'holiday fun'.
Tesla plans to start a broad rollout of its 2021 Holiday Update the day before Christmas Eve, on December 23. Tesla FSD Beta testers are expected to receive an update, too, right when the Christmas festivities are bound to start for some families.
The Holiday Update is expected to introduce a new UI for Model 3 and Model Y vehicles, expand Tesla's Light Show capability to other cars in its lineup, and roll out some feature improvements. Not all the features seem super useful, but some should make a nice difference for Tesla owners.
Christmas Light Show
The Model X is famous for having the ability to perform a Christmas song where the windows roll down, the music plays, the lights flash and the falcon wing doors open in time to the music. While no other models will be able to do the doors, it seems possible Tesla will offer a similar Christmas mode to the other models.
Refreshed Model S/X UI draggable components
In its Holiday Update, Tesla also introduced the Customizable App Launcher, allowing owners to customize the menu bar in their infotainment systems.
Feature Improvements
As with any update, Tesla improved a few key features, includingvehicle controls, blind spot monitoring, and Waypoints.
Simplified Controls makes it easier for Tesla owners to focus on navigation, media, and the most common primary controls. The improvement should make accessing features in the infotainment system easier, so driving or operating a Tesla may be more convenient and perhaps even safer.
New Arcade Improvements
Being a Holiday Update, 2021.44.25 is rife with a number of improvements for Tesla Theater and Tesla Arcade. Access to a popular social media platform has also been enabled.
First up is Sonic the Hedgehog, which Elon Musk himself announced on Twitter recently. Multiplayer support for The Battle for Polytopia has also been enabled, which should make in-car gaming sessions even more fun.
Sudoku has also been added to the Tesla Arcade, complete with a mode that includes a smart hint system for beginners. Also, the popular social media app TikTok is now accessible to Teslas.
Mooers, do you want Tesla's santa mode for your car? Which features do you like best?
$Tesla (TSLA.US)$
Source: CNN, Techau.com
Tesla plans to start a broad rollout of its 2021 Holiday Update the day before Christmas Eve, on December 23. Tesla FSD Beta testers are expected to receive an update, too, right when the Christmas festivities are bound to start for some families.
The Holiday Update is expected to introduce a new UI for Model 3 and Model Y vehicles, expand Tesla's Light Show capability to other cars in its lineup, and roll out some feature improvements. Not all the features seem super useful, but some should make a nice difference for Tesla owners.
Christmas Light Show
The Model X is famous for having the ability to perform a Christmas song where the windows roll down, the music plays, the lights flash and the falcon wing doors open in time to the music. While no other models will be able to do the doors, it seems possible Tesla will offer a similar Christmas mode to the other models.
Refreshed Model S/X UI draggable components
In its Holiday Update, Tesla also introduced the Customizable App Launcher, allowing owners to customize the menu bar in their infotainment systems.
Feature Improvements
As with any update, Tesla improved a few key features, includingvehicle controls, blind spot monitoring, and Waypoints.
Simplified Controls makes it easier for Tesla owners to focus on navigation, media, and the most common primary controls. The improvement should make accessing features in the infotainment system easier, so driving or operating a Tesla may be more convenient and perhaps even safer.
New Arcade Improvements
Being a Holiday Update, 2021.44.25 is rife with a number of improvements for Tesla Theater and Tesla Arcade. Access to a popular social media platform has also been enabled.
First up is Sonic the Hedgehog, which Elon Musk himself announced on Twitter recently. Multiplayer support for The Battle for Polytopia has also been enabled, which should make in-car gaming sessions even more fun.
Sudoku has also been added to the Tesla Arcade, complete with a mode that includes a smart hint system for beginners. Also, the popular social media app TikTok is now accessible to Teslas.
Mooers, do you want Tesla's santa mode for your car? Which features do you like best?
$Tesla (TSLA.US)$
Source: CNN, Techau.com
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$BABA-W (09988.HK)$ Dip in all hong kong stocks. very low drop for BABA alr. means people are still accumulating ar this low price. Don’t worry and mute the short sellers.
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$Alibaba (BABA.US)$ baba outperformed the Chinese Internet stocks yesterday as kweb lost over 3% while baba lost slightly over 2%. Volume was low until the buying in at 119-120 level.
US Indexes had a closing sell off but baba did not.
I kept emphasising how based on my technical analysis, smart money is accumulating. But if you solely look at price action, you will think they are dumping.
Look at intraday where selling volume was weak and the buying came in around 119 to 120 to push it back up.
That's why I said, people who only knows how to read price action, gets manipulated by smart money. You need to use volume analysis together to know their movements.
Of course, trust your own analysis and if you feel based on your risk management it is time to take profit or cut loss, you should. As I could always be wrong and everyone has different risk tolerance.
Do watch my video to further understand my analysis and what to be expecting this week!
As always trade safe and invest wise!
US Indexes had a closing sell off but baba did not.
I kept emphasising how based on my technical analysis, smart money is accumulating. But if you solely look at price action, you will think they are dumping.
Look at intraday where selling volume was weak and the buying came in around 119 to 120 to push it back up.
That's why I said, people who only knows how to read price action, gets manipulated by smart money. You need to use volume analysis together to know their movements.
Of course, trust your own analysis and if you feel based on your risk management it is time to take profit or cut loss, you should. As I could always be wrong and everyone has different risk tolerance.
Do watch my video to further understand my analysis and what to be expecting this week!
As always trade safe and invest wise!
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Stellar88
liked
Weekly market recap
U.S. stock futures rose slightly in overnight trading on Sunday as investors readied for the first trading of November. Market participants are gearing up for another week of corporate earnings, a key Federal Reserve meeting on Wednesday and October’s jobs report.
Stocks closed out the month of October on Friday and all three major averages closed at record highs. The $S&P 500 Index (.SPX.US)$and $Nasdaq Composite Index (.IXIC.US)$clinched their best months since November 2020.
Corporate earnings season dominated October amid solid earnings even with global supply chain concerns. About half of the S&P 500 companies have reported quarterly results and more than 80% of them beat earnings estimates from Wall Street analysts, according to Refinitiv.
Here's a look at the return of S&P 500 sectors
This week ahead in focus
There will be a lot on investors' radar this week, as third-quarter earnings season continues, October jobs numbers come out, and the Federal Reserve's policy committee potentially details its bond purchase reduction plans.
Some 160 S&P 500 companies are scheduled to report, plus dozens of small and mid cap firms.
The main event on the market calendar this week will be the conclusion of the Federal Open Market Committee's October monetary-policy meeting on Wednesday. Officials have strongly signalled that they will announce their plans to begin tapering the central bank's $120 billion in monthly asset purchases at the meeting. Interest-rate increases are still far off.
Monday 11/1
$Arista Networks (ANET.US)$, $Clorox (CLX.US)$, $Franklin Resources (BEN.US)$, $McKesson (MCK.US)$, $NXP Semiconductors (NXPI.US)$, $Public Storage (PSA.US)$, $SBA Communications Corp (SBAC.US)$, and $Simon Property Group Acquisition (SPGS.US)$release quarterly results.
The Census Bureau reports construction spending for September. Consensus estimate is for a 0.4% month-over-month increase to a seasonally adjusted annual rate of $1.59 trillion.
The Institute for Supply Management releases its Manufacturing Purchasing Managers Index for October. Expectations are for a 60.1 reading, slightly less than the September figure.
Tuesday 11/2
$Activision Blizzard (ATVI.US)$, $Amgen (AMGN.US)$, $ConocoPhillips (COP.US)$, $Eaton (ETN.US)$, $Estee Lauder (EL.US)$, $Ferrari (RACE.US)$, $Match group (MTCH.US)$, $Mondelez International (MDLZ.US)$, $Pfizer (PFE.US)$, and $T-Mobile US (TMUS.US)$US report earnings.
It's Election Day in an off-year headlined by gubernatorial contests in New Jersey and Virginia.
Wednesday 11/3
The FOMC announces its monetary-policy decision. The Fed is all but certain to maintain the federal-funds rates near zero and is expected to announce it will begin tapering its $120 billion in monthly asset purchases.
$Coca-Cola (KO.US)$holds a conference call to discuss its ESG initiatives.
$Booking Holdings (BKNG.US)$, $CVS Health (CVS.US)$, $Electronic Arts Inc (EA.US)$, $Emerson Electric (EMR.US)$, $Marriott International (MAR.US)$, $MetLife (MET.US)$, $MGM Resorts International (MGM.US)$, and $Qualcomm (QCOM.US)$announce quarterly results.
ISM releases its Services PMI for October. Economists forecast a 61.5 reading, roughly even with the September number.
ADP releases its National Employment Report for October. Consensus estimate is for private-sector employment to gain 472,500 jobs, after a 568,000 rise in September.
Thursday 11/4
$Airbnb (ABNB.US)$, $Becton, Dickinson and Co (BDXB.US)$, $Expedia (EXPE.US)$, $Illumina (ILMN.US)$, $Kellanova (K.US)$, $Moderna (MRNA.US)$, $NRG Energy (NRG.US)$, $Block (SQ.US)$, $ViacomCBS (VIAC.US)$, $Uber Technologies (UBER.US)$, and $Zoetis (ZTS.US)$hold conference calls to discuss earnings.
Friday 11/5
$Dominion Energy Inc (DCUE.US)$, $DraftKings (DKNG.US)$, and $Sempra Energy (SRE.US)$release quarterly results.
The Bureau of Labor Statistics releases the jobs report for October. Economists forecast a 435,000 gain for nonfarm payrolls and for the unemployment rate to remain unchanged at 4.8%. In September, the economy added 194,000 jobs, about 300,000 short of estimates. Both August and September had large shortfalls compared with expectations, as the labor shortage has persisted longer than many economists expected, despite a near-record level of job openings.
Source: CNBC, Barron's
U.S. stock futures rose slightly in overnight trading on Sunday as investors readied for the first trading of November. Market participants are gearing up for another week of corporate earnings, a key Federal Reserve meeting on Wednesday and October’s jobs report.
Stocks closed out the month of October on Friday and all three major averages closed at record highs. The $S&P 500 Index (.SPX.US)$and $Nasdaq Composite Index (.IXIC.US)$clinched their best months since November 2020.
Corporate earnings season dominated October amid solid earnings even with global supply chain concerns. About half of the S&P 500 companies have reported quarterly results and more than 80% of them beat earnings estimates from Wall Street analysts, according to Refinitiv.
Here's a look at the return of S&P 500 sectors
This week ahead in focus
There will be a lot on investors' radar this week, as third-quarter earnings season continues, October jobs numbers come out, and the Federal Reserve's policy committee potentially details its bond purchase reduction plans.
Some 160 S&P 500 companies are scheduled to report, plus dozens of small and mid cap firms.
The main event on the market calendar this week will be the conclusion of the Federal Open Market Committee's October monetary-policy meeting on Wednesday. Officials have strongly signalled that they will announce their plans to begin tapering the central bank's $120 billion in monthly asset purchases at the meeting. Interest-rate increases are still far off.
Monday 11/1
$Arista Networks (ANET.US)$, $Clorox (CLX.US)$, $Franklin Resources (BEN.US)$, $McKesson (MCK.US)$, $NXP Semiconductors (NXPI.US)$, $Public Storage (PSA.US)$, $SBA Communications Corp (SBAC.US)$, and $Simon Property Group Acquisition (SPGS.US)$release quarterly results.
The Census Bureau reports construction spending for September. Consensus estimate is for a 0.4% month-over-month increase to a seasonally adjusted annual rate of $1.59 trillion.
The Institute for Supply Management releases its Manufacturing Purchasing Managers Index for October. Expectations are for a 60.1 reading, slightly less than the September figure.
Tuesday 11/2
$Activision Blizzard (ATVI.US)$, $Amgen (AMGN.US)$, $ConocoPhillips (COP.US)$, $Eaton (ETN.US)$, $Estee Lauder (EL.US)$, $Ferrari (RACE.US)$, $Match group (MTCH.US)$, $Mondelez International (MDLZ.US)$, $Pfizer (PFE.US)$, and $T-Mobile US (TMUS.US)$US report earnings.
It's Election Day in an off-year headlined by gubernatorial contests in New Jersey and Virginia.
Wednesday 11/3
The FOMC announces its monetary-policy decision. The Fed is all but certain to maintain the federal-funds rates near zero and is expected to announce it will begin tapering its $120 billion in monthly asset purchases.
$Coca-Cola (KO.US)$holds a conference call to discuss its ESG initiatives.
$Booking Holdings (BKNG.US)$, $CVS Health (CVS.US)$, $Electronic Arts Inc (EA.US)$, $Emerson Electric (EMR.US)$, $Marriott International (MAR.US)$, $MetLife (MET.US)$, $MGM Resorts International (MGM.US)$, and $Qualcomm (QCOM.US)$announce quarterly results.
ISM releases its Services PMI for October. Economists forecast a 61.5 reading, roughly even with the September number.
ADP releases its National Employment Report for October. Consensus estimate is for private-sector employment to gain 472,500 jobs, after a 568,000 rise in September.
Thursday 11/4
$Airbnb (ABNB.US)$, $Becton, Dickinson and Co (BDXB.US)$, $Expedia (EXPE.US)$, $Illumina (ILMN.US)$, $Kellanova (K.US)$, $Moderna (MRNA.US)$, $NRG Energy (NRG.US)$, $Block (SQ.US)$, $ViacomCBS (VIAC.US)$, $Uber Technologies (UBER.US)$, and $Zoetis (ZTS.US)$hold conference calls to discuss earnings.
Friday 11/5
$Dominion Energy Inc (DCUE.US)$, $DraftKings (DKNG.US)$, and $Sempra Energy (SRE.US)$release quarterly results.
The Bureau of Labor Statistics releases the jobs report for October. Economists forecast a 435,000 gain for nonfarm payrolls and for the unemployment rate to remain unchanged at 4.8%. In September, the economy added 194,000 jobs, about 300,000 short of estimates. Both August and September had large shortfalls compared with expectations, as the labor shortage has persisted longer than many economists expected, despite a near-record level of job openings.
Source: CNBC, Barron's
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