This is the biggest week for financial markets in 2024. The tone is a cautious but optimistic one. We’ve got the three Es: the US Election, more company Earnings, and Economic data. Plus, the Fed’s expected interest rate cut, as well as the Bank of England’s. Meanwhile, the RBA meets and is expected to hold rates, and China’s top legislative body meets as well...
151453268 witso
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Not all green and gold , the big boys are having a litlle rest this week but my small pennys are holding the fort with saved up trading volume continue to claw forward, thanks for the daily roundup Miss Amir.
This is going to be a pivotal week. Investors from all around the world will likely be watching and anticipating the outcome of the US presidential election that is taking place on Tuesday. Their respective policies could affect companies’ growth trajectories. Anyway, it’s gonna be a very tight contest. In addition, the Federal Reserve will be meeting on Wed and Thurs. On the second day, the central bank will announce their decision on the interest rate cut. Market expect it to be a...
We had a mixed bag of quarterly results from the Mag 7. Here’s a quick summary of the five Mag 7 that reported last week. Microsoft and Meta beat earnings. But investors didn’t like the soft guidance on Microsoft’s Azure cloud revenue growth, as well as Meta's projected higher capital expenditure on AI.$Microsoft (MSFT.US)$$Meta Platforms (META.US)$ Apple reported decent results but failed to impress investors amid the competition in China.$Apple (AAPL.US)$ Goog...
News Highlights $MicroStrategy (MSTR.US)$experienced a 6.05% drop in its stock price, closing at $229.71. Its options trading volume is 765K. Call contracts account for 58.8% of the whole trading volume.The most traded calls are contracts of $260 strike price that expire on November 1st. MicroStrategy announced its third-quarter earnings on Wednesday, revealing a loss of $1.56 per s...
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151453268 witso : Not all green and gold , the big boys are having a litlle rest this week but my small pennys are holding the fort with saved up trading volume continue to claw forward, thanks for the daily roundup Miss Amir.