Hey Tigers!I am Tiger Observer, sharing market information with you! 🔎🔎🔎I will post the 10 most searched stocks on the Tiger Trade app. Don't miss my updates!!!Weekly movers: $NIO Inc.(NIO)$ After last week NIO surged 24%, is it still an opportunity to buy?Tiger’s view @pekss The Chinese electric vehicle makers $NIO-SW(09866)$ , $XPENG-W(09868)$ and $LI AUTO-W(020
Last Week's RecapThe US Market - All major indexes rallied after a deep pullback in AprilThe major indexes started May with a winning week after a deep pullback in April. Friday's weaker-than-expected jobs report bolstered a relatively dovish Fed chief Jerome Powell on Wednesday.Strong quarterly reports from major Dow components also contributed to the week's rally. Particularly Apple, which is up 6% after the company announced a $110 billion share repurchase and a better-than-expected profit. Biotech stock Amgen surged nearly 12% after posting better-than-expected earnings and offering a positive update on an experimental obesity drug.Nonfarm payrolls report showed 175,000 jobs gained in April, below the expectations for 240,000. The unemployment rate edged up to 3.9%, versus 3.8% in the
Weekly: Tech giants rallied; Fed decision;more big tech earnings
Last Week's RecapThe US Market - The Nasdaq rallied over 4%The stock market registered a big rally last week, led by the Nasdaq, after a tough week. The S&P 500 and Nasdaq notched their best week since November as Big Tech names rallied on strong earnings.The S&P popped 2.7% to snap a three-week losing streak, while the Nasdaq gained 4.2% for its first positive week in five.Treasury yields jumped to a 2024 high as core inflation accelerated, but they came off highs. The 10-year Treasury yield closed as high as 4.67%.A raft of economic data this week confirmed that elevated inflation is being stubborn. March’s core personal consumption expenditures (Core CPI) rose 2.8% from a year ago and came in ahead of the 2.7% expected by Dow Jones. Personal spending rose 0.8%, ahead of a 0.7% e
Hey Tigers!I am Tiger Observer, sharing market information with you! 🔎🔎🔎I will post the 10 most searched stocks on the Tiger Trade app. Don't miss my updates!!!Weekly movers: $NVIDIA Corp(NVDA)$ After last week GOOG hit ATH, is it still an opportunity to buy?Tiger’s view @Khikho$Alphabet(GOOG)$In this wave of darts, some friends regretted not taking the car in the morning, and some friends regretted getting in the car too late. As for me, I am the worst. I have been in the car for a long time, but before the big rise, I