Happy Friday, mooers! Welcome back to Weekly Buzz where we talk about the top news and buzzing stocks on moomoo this week! Comment below to answer the Weekly Topic Question for a chance to win an award! Make Your Choice Weekly Buzz The week started with Chinese stocks hitting year highs before a lack of fresh stimulus sent them reeling. FOMC meeting minutes Wednesday for the rate cut decision day showed 50 basis points was a majority decision,...
HuatEver
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JPM and Wells Fargo’s earnings could be a positive sign for the months ahead. It feels like the market might finally be turning a corner. If these results are any indication, we could see more stability through the end of the year, possibly even setting the stage for a Santa rally as we move into the holiday season
102362254
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Wells Fargo and JPM earnings bring some good news but with mixed results. JPM beat expectations and raised its outlook, despite shrinking profit margins due to high interest rates. Wells Fargo also beat earnings but missed on revenue and expects lower profits from interest next year. While high rates help in some areas and hurt in others. The upcoming months, including the potential impacts of the U.S. presidential election, will be important in determining whether the positive trends can be sustained
HuatLady
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Many are optimistic about the Q4 and would consider JPMorgan's and Well Fargo's robust earnings reports are positive signals that solidify most stocks to serve as gateways for wealth. Henceforth, what's the outlook for the following 4th Quarter? Or would investors be lulled on a false sense of security? It's a challenging investing landscape! In my view, the key issue remains the importance of investing in great quality stocks for the long-term to overcome these challenges . So far for me, this is the most effective strategy for building a healthy investment portfolio
If you were not looking at Chinese stocks, the market climbed Wednesday. The market climbed to all-time closing highs for the S&P 500 and Dow Jones Industrial Average. It was not all rosy following a sudden drop in Chinese stocks after no new stimulus was announced Tuesday morning. A second massive hurricane was hurtling toward the American South, due to hit Tampa Bay, Florida, Thursday morning. Just past 4 pm ET the ...
On Monday the market swapped from an overall decline to trading flatly. Two out of three S&P 500 sectors were climbing by the close after the day started in a reversal. Over the weekend, the world was affected by a major hurricane in the American south, ground raids in Lebanon, and yet another stimulus effort for Chinese stocks. Just past 4 pm ET the$S&P 500 Index (.SPX.US)$climbed 42 basis points to near...
RECAP Stocks traded in mixed directions Tuesday following a pullback that saw bond yields rise after comments from Federal Reserve Chairman Jerome Powell all but dashed hopes for an interest-rate cut in March. The Fed's Metser reiterated Powell's claim that lowering rates too soon was not an option, sending treasuries higher. The$S&P 500 Index (.SPX.US)$traded 0.23% higher, the$Dow Jones Industrial Average (.DJI.US)$rose just 0.37%, and ...
China concept stocks, those Chinese companies that trade on U.S.-based exchanges, rebounded today following a ~7% climb in the CSI 1000. Leading the Charge was$XPeng (XPEV.US)$,$Bilibili (BILI.US)$at +11%, followed by Li Auto and IQ.Chinese EV companies rallied following an analyst upgrade to Li Auto, and general downtown facing the Tesla stock price.
SpyderCall
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There is breadth of participation in all the chinese ADRs. Not just the big boys like BABA, JD, BIDU, etc. Even all of the smaller, less well-known companies are rallying. This makes things look much more bullish.
As at end-October, the information technology sector had the highest weightage in the CGS Fullgoal CSI 1000 ETF at about 25 per cent. Other top sectors in the fund include industrials and materials with weightages of 21.5 per cent and 15.9 per cent, respectively. In an interview with The Business Times, CGS-CIMB’s group head of investment management Ademola Olopade said China’s small-cap sector showcases “high-growth stocks” – or the future Tencent or Alibaba stocks – in sectors such as pharma...
CGS-CIMB Securities on Thursday (Nov 9) listed a US$12.4 million exchange traded fund (ETF) on the Singapore Exchange (SGX). The CGS Fullgoal CSI 1000 ETF mirrors the China stock market’s small-cap index – the CSI 1000 Index. The fund, which offers dual currency trading in US dollars and Singapore dollars, comprises 1,000 China-listed companies that have a market capitalisation of less than 20 billion yuan (S$3....
Since entering 2022, the A-share market has not seen the "good start" expected by most institutions. Some industries, especially the "track stocks" that have experienced huge gains in the past two years, have experienced sharp corrections. After entering 2022, the GEM index, which has a relatively large weight in the new energy industry, has fallen for 6 consecutive trading days. In addition, the possibility of early...
EZ_money : i think retail is getting set up for a big thrown at us.
HuatEver : JPM and Wells Fargo’s earnings could be a positive sign for the months ahead. It feels like the market might finally be turning a corner. If these results are any indication, we could see more stability through the end of the year, possibly even setting the stage for a Santa rally as we move into the holiday season
Stock_Drift : It’s been a crazy and fun week @Stock_Drift HQ, with $Verb Technology (VERB.US)$ just exploding this afternoon post R/S and $MicroAlgo (MLGO.US)$ looking like it’s inside a pinball machine. Have a good and relaxing weekend, @Kevin Travers
102362254 : Wells Fargo and JPM earnings bring some good news but with mixed results. JPM beat expectations and raised its outlook, despite shrinking profit margins due to high interest rates. Wells Fargo also beat earnings but missed on revenue and expects lower profits from interest next year. While high rates help in some areas and hurt in others. The upcoming months, including the potential impacts of the U.S. presidential election, will be important in determining whether the positive trends can be sustained
HuatLady : Many are optimistic about the Q4 and would consider JPMorgan's and Well Fargo's robust earnings reports are positive signals that solidify most stocks to serve as gateways for wealth. Henceforth, what's the outlook for the following 4th Quarter? Or would investors be lulled on a false sense of security?
It's a challenging investing landscape! In my view, the key issue remains the importance of investing in great quality stocks for the long-term to overcome these challenges . So far for me, this is the most effective strategy for building a healthy investment portfolio
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