WaikesOtherWig
commented on
$Super Micro Computer (SMCI.US)$ i just sold my smci, it’s painful
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WaikesOtherWig
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Columns Operation plan after the general election and during the Chinese concept financial reporting season.
$NASDAQ 100 Index (.NDX.US)$Under the dual stimulus of the settled election and a 25 basis point rate cut, the market rose by 5% this week to reach 21117 points, which is currently a bit high. Last week's rise was mainly driven by bank stocks, small cap stocks, semiconductors, and technology stocks, reaching the upper band of the Bollinger Bands. An expected short-term pullback is anticipated. Next week, the USA's CPI and PPI data will be released, with a high probability of meeting expectations and a low possibility of a market crash. The current prediction is that the current upward trend should continue until the Christmas market, but with Donald Trump's return to the White House in January next year, there may be a significant pullback in January. Therefore, during this period of policy vacuum, the US stocks are likely to experience an oscillating upward trend. In the short term, due to the crazy rise of US stocks last week, a brief pullback is expected this week, presenting a buying opportunity during the dip.
Regarding Chinese concept stocks, due to the potential policy risks since Trump took office, as well as the lackluster effect of the debt-for-equity policy announced on Friday in stimulating the stock market, leading to a 6% decline, many stocks have directly shifted trends to a downward trajectory this week. $TENCENT (00700.HK)$ $JD.com (JD.US)$ $Alibaba (BABA.US)$ $Bilibili (BILI.US)$ $Cisco (CSCO.US)$ $Occidental Petroleum (OXY.US)$ $Sea (SE.US)$As for Chinese concept stocks, due to the potential policy risks since Trump took office, and the issuance of debt conversion policy on Friday did not have the expected stimulating effect on the stock market, resulting in a sharp 6% drop on Friday, many stocks have directly changed trends to a downward trend next week
Regarding Chinese concept stocks, due to the potential policy risks since Trump took office, as well as the lackluster effect of the debt-for-equity policy announced on Friday in stimulating the stock market, leading to a 6% decline, many stocks have directly shifted trends to a downward trajectory this week. $TENCENT (00700.HK)$ $JD.com (JD.US)$ $Alibaba (BABA.US)$ $Bilibili (BILI.US)$ $Cisco (CSCO.US)$ $Occidental Petroleum (OXY.US)$ $Sea (SE.US)$As for Chinese concept stocks, due to the potential policy risks since Trump took office, and the issuance of debt conversion policy on Friday did not have the expected stimulating effect on the stock market, resulting in a sharp 6% drop on Friday, many stocks have directly changed trends to a downward trend next week
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WaikesOtherWig
voted
Hello Mooers!
The US Fed interest rate decision will be announced on 18 Sep 2024 at 2 p.m. Eastern time.
How will NASDAQ ( $Nasdaq Composite Index (.IXIC.US)$ ) perform this week?
Lastly, thank you for your likes and support.
As always, don't forget to DYODD (Do your own due diligence) when making any kind of investment.
Thank you and Godspeed!
The US Fed interest rate decision will be announced on 18 Sep 2024 at 2 p.m. Eastern time.
How will NASDAQ ( $Nasdaq Composite Index (.IXIC.US)$ ) perform this week?
Lastly, thank you for your likes and support.
As always, don't forget to DYODD (Do your own due diligence) when making any kind of investment.
Thank you and Godspeed!
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$U-BX Technology (UBXG.US)$ last cook before it all goes downhill again
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WaikesOtherWig
voted
Hey, mooers!
Were you tuned into our "Invest with Sarge" live stream on shorting stocks? If you missed it, don’t worry — we've got a comprehensive recap to keep you up in the market marathon. 💡
🔍 What is Short Selling?
Definition 📚
Sarge said short selling is essentially borrowing shares of a stock you don't own, selling them at the current market price, and hoping to buy them back later at a lower price. It's a tactic that can potentially be lucrative but a...
Were you tuned into our "Invest with Sarge" live stream on shorting stocks? If you missed it, don’t worry — we've got a comprehensive recap to keep you up in the market marathon. 💡
🔍 What is Short Selling?
Definition 📚
Sarge said short selling is essentially borrowing shares of a stock you don't own, selling them at the current market price, and hoping to buy them back later at a lower price. It's a tactic that can potentially be lucrative but a...
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$U-BX Technology (UBXG.US)$ profit ratio of 0.00% is wild.
WaikesOtherWig
voted
Hello Mooers!
Some Mooers are forced to buy a car due to their work requirement or work location, while other Mooers may have the choice to take public transport to work if their workplaces are easily accessible to public transport.
Having a car is undoubtedly convenient for Mooers since it eliminates the need to wait more than eight minutes (https://www.statista.com/statistics/1232840/singapore-average-waiting-time-during-commute-trip/...
Some Mooers are forced to buy a car due to their work requirement or work location, while other Mooers may have the choice to take public transport to work if their workplaces are easily accessible to public transport.
Having a car is undoubtedly convenient for Mooers since it eliminates the need to wait more than eight minutes (https://www.statista.com/statistics/1232840/singapore-average-waiting-time-during-commute-trip/...
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WaikesOtherWig : at least you got out unlike those still clinging on with hopes that itll go up