Oxolane
voted
2023 was a year of uncertainty and adjustments for the US stock market, as investors navigated a complex landscape of economic and monetary policy changes. While the year saw periods of both optimism and pessimism, the overarching narrative remains focused on the Fed's actions and their impact on the broader economy.
To evaluate US stock market performance, let's review the $S&P 500 Index (.SPX.US)$'s progress this year:
*Images prov...
To evaluate US stock market performance, let's review the $S&P 500 Index (.SPX.US)$'s progress this year:
*Images prov...
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Oxolane
voted
Wall Street is counting on the so-called Santa Claus Rally to bring record highs as markets close out 2023 with strong gains.
The S&P 500 ( $S&P 500 Index (.SPX.US)$ ) is up over 4% in December alone and has risen 24% this year, bringing it within 1% of a new all-time high. The benchmark index is also on track for its eighth straight positive week.
If history is any indication, that momentum is likely to continue in the short-term. The end of the year tends to be a strong period for stocks, a ph...
The S&P 500 ( $S&P 500 Index (.SPX.US)$ ) is up over 4% in December alone and has risen 24% this year, bringing it within 1% of a new all-time high. The benchmark index is also on track for its eighth straight positive week.
If history is any indication, that momentum is likely to continue in the short-term. The end of the year tends to be a strong period for stocks, a ph...
Oxolane
voted
Recently, major institutions filed 13F reports with the U.S. Securities and Exchange Commission (SEC), disclosing their holdings and the size of their positions in U.S. stocks during the fourth quarter.
It is worth noting that large Wall Street private equity funds are buying Chinese stocks on a large scale, and the allocation strategy for Chinese stocks has gradually shifted from [underweight] to [Neutral]!
Michae...
It is worth noting that large Wall Street private equity funds are buying Chinese stocks on a large scale, and the allocation strategy for Chinese stocks has gradually shifted from [underweight] to [Neutral]!
Michae...
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Oxolane
voted
$Invesco QQQ Trust (QQQ.US)$ daily chart shows the market is the most overbought since November 2021 - the month the market topped out and the bear market started. On the other hand, the weekly chart is extremely bullish with a strong W shaped pattern. So what do you guys think? Is the bottom in? Or is this just another bear market rally that's going to fall hard?
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Oxolane
voted
There are many investors who call themselves technical traders. And the first thing a technical trader learns is where to find support levels. These are areas where there is a high likelihood of potential buyers stepping in to "support" or keep the price from falling lower. Support zones are also refered to as demand zones. It is not easy to find support zones on all ticker symbols but some tickers form very clear trends with obvious t...
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Oxolane
voted
Singapore shoppers have started preparing their travel essentials for the year-end holidays with the 9.9 Sale (a promotion on September 9), says e-commerce platform, Shopee.
Shopee is one of the most popular shopping platforms in Southeast Asia. Its 9.9 sale is called "9.9 Super Shopping Day". According to Shopee, Singaporean consumers bought four times more supermarket items than usual on Shopee tha...
Shopee is one of the most popular shopping platforms in Southeast Asia. Its 9.9 sale is called "9.9 Super Shopping Day". According to Shopee, Singaporean consumers bought four times more supermarket items than usual on Shopee tha...
7
Oxolane
voted
Grab $Grab Holdings (GRAB.US)$ released its financial results for the second quarter of 2022, which ended on June 30. According to the results, Grab reported revenue of US$321 million for the second quarter, up 79% from US$179 million a year earlier, and a loss of US$572 million, compared to a loss of US$801 million a year earlier, narrowing 29% YoY.
GMV was US$5,055 million, up 30% compared to US$3,878 million in the same period of t...
GMV was US$5,055 million, up 30% compared to US$3,878 million in the same period of t...
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