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US Stock Market Review 6 – 10 May 2024
$Dow Jones Industrial Average (.DJI.US)$ +2.2%,
$S&P 500 Index (.SPX.US)$ +1.9%
$Nasdaq Composite Index (.IXIC.US)$ +1.1%.
-Financial markets expect the Fed to start its easing cycle in September. A handful of economists believe the first rate cut will come in July.
-Event to watch: 15th May US Core CPI, US Crude Oil Inventories, 16th US Initial Jobless Claims & Philadelphia Fed Manufacturing Index
MY Stock Market Review 6 – 10 May 202...
$Dow Jones Industrial Average (.DJI.US)$ +2.2%,
$S&P 500 Index (.SPX.US)$ +1.9%
$Nasdaq Composite Index (.IXIC.US)$ +1.1%.
-Financial markets expect the Fed to start its easing cycle in September. A handful of economists believe the first rate cut will come in July.
-Event to watch: 15th May US Core CPI, US Crude Oil Inventories, 16th US Initial Jobless Claims & Philadelphia Fed Manufacturing Index
MY Stock Market Review 6 – 10 May 202...
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On February 21, EST, $Arbe Robotics (ARBE.US)$, a global 4D imaging millimeter wave radar provider, surged over 70%^ intraday, and by the end of the day, the stock price rose 47.13%^, nearly doubling its share price in 3 trading days. ![]()
Tesla recently submitted a vehicle change application to European regulators, confirming that the latest self-driving hardware HW4.0 will soon be on board for mass production. According t...
Tesla recently submitted a vehicle change application to European regulators, confirming that the latest self-driving hardware HW4.0 will soon be on board for mass production. According t...
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ChatGPT has sparked a global AI stock craze since the start of the year. OpenAI's chatbot ChatGPT has become the fastest-growing consumer app in history, with an estimated 100 million monthly active users^ in January this year, just two months after its launch. ![]()
The ChatGPT mania has also pushed a number of AI concept stocks higher so far this year, with Nvidia up nearly 54%^ year-to-date, Buzzfeed up over 145%^, and the...
The ChatGPT mania has also pushed a number of AI concept stocks higher so far this year, with Nvidia up nearly 54%^ year-to-date, Buzzfeed up over 145%^, and the...
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The tech-dominated Nasdaq Composite is off to a good start in 2023, up over 11% year-to-date as inflation has slowed and optimism from the Fed is on the rise.
Several star tech stocks are also performing well, with Tesla (TSLA.US) up over 40%^ YTD, Nvidia (NVDA.US) up nearly 40%^ YTD, and Meta Platforms (META.US) up over 26%^ YTD.![]()
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The uptrend in tech stocks has remained strong in recent weeks, with Tesla up for 6 consecutive trading days sinc...
Several star tech stocks are also performing well, with Tesla (TSLA.US) up over 40%^ YTD, Nvidia (NVDA.US) up nearly 40%^ YTD, and Meta Platforms (META.US) up over 26%^ YTD.
The uptrend in tech stocks has remained strong in recent weeks, with Tesla up for 6 consecutive trading days sinc...
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The Nasdaq Golden Dragon China Index which tracks US-listed Chinese companies has bounced nearly 50%^ from Oct 24, 2022.![]()
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^ Data as of 24/10/2022 - 01/11/2023, moomoo
Entering 2023, Alibaba has risen more than 30%^ so far since January 3. At the same time, NIO has gained 18.05%^.
^ Data as of 03/01/2023 - 11/01/2023, moomoo
How long will mid-cap stocks go after a multi-day surge?
See what Wall Street analysts predict
In response...
^ Data as of 24/10/2022 - 01/11/2023, moomoo
Entering 2023, Alibaba has risen more than 30%^ so far since January 3. At the same time, NIO has gained 18.05%^.
^ Data as of 03/01/2023 - 11/01/2023, moomoo
How long will mid-cap stocks go after a multi-day surge?
See what Wall Street analysts predict
In response...
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Support and resistance are two basic concepts in technical analysis, which can help traders gain insights into the strength of a price trend. Through this challenge, you can get to know the support level and the myth behind it.![]()
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A support level is a price below which a stock doesn't tend to fall over a given period. Do you know how to plot it?
Think of the support level as a straight line connecting two or more low points. Use a single line w...
A support level is a price below which a stock doesn't tend to fall over a given period. Do you know how to plot it?
Think of the support level as a straight line connecting two or more low points. Use a single line w...
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Hey moo-ers,
We’ve got a BIG launch coming your way this week!![]()
Gift the perfect Children’s Day to your little one(s)! Our exclusive moomoo Children’s Day Fun Pack (18,888points) drops this Friday (23 Sep) at 10:00am!![]()
Our super cute fun pack includes a Bath Towel, Coin Purse and Messenger Bag that will surely be a hit with the kiddies!![]()
Limited quantities available so be sure to grab it quick when it launches!
$Futu Holdings Ltd (FUTU.US)$
We’ve got a BIG launch coming your way this week!
Gift the perfect Children’s Day to your little one(s)! Our exclusive moomoo Children’s Day Fun Pack (18,888points) drops this Friday (23 Sep) at 10:00am!
Our super cute fun pack includes a Bath Towel, Coin Purse and Messenger Bag that will surely be a hit with the kiddies!
$Futu Holdings Ltd (FUTU.US)$
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