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12 Information Technology Stocks Moving In Thursday's Pre-Market Session
China Central Economic Work Conference: A Key Indicator for Future Market Trends
Tonight, Chinese concepts soared! The nasdaq Golden Dragon index surged by 10%, while fangdd network doubled directly.
Some analysis indicates that the Political Bureau meeting first mentioned stabilizing the stock and real estate markets, and the US stock market quickly rallied on china assets. The 3x Long FTSE china etf surged over 26%, the 2x Long china internet plus-related stocks rose over 22%, the 2x Long FTSE china 50 ETF increased over 17%, and the 2x Long 300etf gained nearly 15%.
China Will Adopt a "Moderately Accommodative" Monetary Policy in the Next Year, The First Shift to Easing Since 2011
Rafey Jan : thank you dr @Jaguar8
HannChau : bro , US steel and alumnium tariff imposed today, will this imposed a rally for US steel stock?
FernandoTrades : not trying to post my own watchlist or anything just looking for advise. All these stocks have there earning reports come out tmr and I was wondering if you think there good or not.
Jaguar8 OP HannChau : If Trump imposes tariffs or restrictions on steel and aluminum imports, U.S. steel stocks could see a short-term boost as domestic producers benefit from reduced foreign competition. Higher import costs might lead to increased demand for American-made steel, potentially driving up prices and improving profit margins forcompanies like NUE, X, and CLF.
However, industries reliant on steel, such as automotive and construction, could face higher costs, which might eventually reduce demand. Investors should watch for potential retaliation from trade partners, as countermeasures could offset some gains.
Jaguar8 OP FernandoTrades : Just wait for the actual ER. That is my take
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