Banking Crisis is Over? Impact to Economy & Central Banks
On Thursday, 11 U.S. banks led by $JPMorgan Chase(JPM)$ , $Bank of America(BAC)$ , and $Citigroup(C)$ banded together to inject $30 billion in uninsured deposits into stumbling lender $First Republic Bank(FRC)$ .Fears of a global banking crisis have eased following the rollout of multi-billion-dollar lifelines for troubled lenders in Europe and the United States. Stocks rose in China, Japan, South Korea, Malaysia, Australia, the Philippines and Hong Kong on Friday: China’s blue-chip index gained 0.8%, while
If you win $10 million in the lottery, will you continue spend $5 million on the lottery?
Yesterday Biden expressed confidence that he would show results in fighting inflation. I thought CPI had to fall to the 5.xx%. As a result, CPI in February was unchanged as expected at 6.0 percent and core was also unchanged at 5.5 percent. Month-on-month, it was slightly higher, at 0.5%.There is a long way to go in the fight against inflation, and a quarter-point rise cannot be missed.$Financial Select Sector SPDR Fund(XLF)$ Source of titleclosed $XLF 20230616 32.0 PUT$ roll
After the Silicon Valley Bank (SVB) Crash, investors alike have rushed to withdraw their money from the U.S Banks in fear. If you, like these investors are worried about where to park your cash, we might just have the solution for you. Alternative to Bank Deposits Here at Tiger Brokers, Tiger Vault is a cash management solution that provides investors yields of up to 4.54%* on their idle funds. You can select from mutual funds with relatively stable returns, low risk ratings, and high liquidity in the global markets. Is Tiger Vault impacted by the fall of SVB? The funds that we’ve handpicked to be part of Tiger Vault do not have any expo
This week has been a very interesting week for investors with plenty of volatility with the VIX spiking, 🏦🏦🏦 collapses, rumors & worries. Through it all, though, there’s been a rush into safe-haven assets like Treasury securities & gold, & to individual stocks like MSFT, NVDA, AMD, GOOGL, AAPL, AMZN, META because of the AI🤖-hype created by the release of GPT-4 & new 🤖 announcements from MSFT🐂🐂🐂 MSFT was not the only 1 soaring, & brought with it an analyst upgrade for NVDA & possible break-out for AMD🥳🥳🥳 NVDA: ⭐️ At one point on 17/3 (Fri), NVDA stock was 3.4% higher. At that highs, the shares were up about 15% for the week. NVDA closed higher each day this week-an impressive feat given the macro backdrop, all thanks to GPT-4 & MSFT🥳🥳🥳 ⭐️ NVDA have powered 77% h
As the market faces more concerns and a recession is expected. it is possible that some of the sectors to see a decline. For those who do not like the risks coming from shorting a stock, we can consider using inverse ETFs. REK - an inverse ETF targeting the real estate sector Here is a list of the top-performing inverse ETFs for each sector, as of March 11th, 2023 by ChatGPT. Consumer Discretionary: ProShares Short Consumer Discretionary (SCC) Consumer Staples: ProShares Short Consumer Staples (SPLZ) Energy: ProShares Short Oil & Gas (DDG) Financials: ProShares Short Financials (SEF) Health Care: ProShares Short Health Care (SHC) Industrials: ProShares Short Industrials (SIJ) Information Technology: ProShares Short QQQ (PSQ) Materials: ProShares Short Basic Materials (SBM) Real Estat
$SINGAPORE AIRLINES LTD(C6L.SI)$ Singapore Travel – Looking forward to a better 2023 As the first ASEAN country to reopen its borders, Singapore led the tourism recovery among its ASEAN peers. In 2022, Singapore welcomed 6.3 million visitors, recovering to 33% of pre-Covid levels. This was also stronger than Singapore Tourism Board’s (STB) initial estimates of 4-6 million. On the back of this strong recovery in visitor arrivals, Singapore hotels’ revenue per available room (RevPAR) almost doubled year-on-year (YoY) to SGD181 in 2022, reaching 94% of its pre-Covid level. According to STB’s latest estimates, visitor arrivals to Singapore are expected to reach 12 million to 14 million in 2023 (63-73% of 2019), s
First Republic Bank (FRC) continued its on 17/3 (Fri) after the bank suspended its dividend & disclosed higher borrowing costs eating into its valuation, despite an unprecedented $30 billion deposit from 11 major 🇺🇸 banks🏦🏦🏦 Wedbush analyst was 🐻🐻🐻-ish while JPMorgan was 🐂🐂🐂-ish… 🔎🔎🔎 Wedbush Analysis： FRC was downgraded by a Wedbush analyst, who put a $5 price🎯 on the stock after capital infusion😨😰🥵⁉️ Investors reacted to the analyst’s downgrade & sold-off again😓😓😓 FRC 🚀🚀 & closed at $34.27 on 16/3 (Thu) after 📰 of the $30 billion capital infusion but crashed💥💥💥 32.8% to close at $23.03 & another 15.33% at post-market trading on 17/3🔥🥵🔥🥵🔥 ⚠️ The analyst warned that a potential sale of the company “could result in minimal, if any, residual value to common equity hold
MSFT’s new AI🤖-Microsoft Dynamics 365 & Microsoft 365 Copilot's value-add supports significant monetisation over ⏰⏰⏰. The product demos were very impressive & if the product matches the demo, sales will shoot up❣️MSFT could sell Copilot as part of an existing (or a new higher-priced) Microsoft 365 &, eventually, or roll out a standalone offering (like Teams Premium). This means MSFT Will Make Lots of 💵💵💵 For Them & its stock price will keep increasing📈📈📈, making 💰💰💰 for us🤗🤗🥳🥳🥳 I’m very 🐂🐂🐂 for MSFT because: 🏆 This product is is a Once-in-a Generation technological advancement & these 2 new products cater to both businesses & generic consumers like us❣️ 🏆 Microsoft’s Copilot launch stole the thunder from Google’s own 🤖 features for Google Workspace which they launch
The People's Bank of China once again announced to reduce the deposit reserve ratio of financial institutions by 0.25 percentage points, which is the same as the RRR cut in December last year. RMB 100 million, the weighted average deposit reserve ratio of financial institutions after the reduction is about 7.6%, this move is contrary to the Fed's interest rate hike situation, which causes the inversion of the evil interest to become larger and larger. In disguised investors, the funds of investors continue to stay in the investment of US bonds, bank fixed deposits and stock markets, which may once again affect the outflow of large foreign giants. situation. The reason for the domestic government's RRR cut is that the economic data is not as expected, and the year-on-year growth of r
What Is The Cup & Handle Pattern? The cup and handle pattern is a continuation pattern that occurs after a preceding bullish or bearish trend. This formation provides traders with some distinctive features. The ‘cup and handle’ term translates to the bar chart pattern. The cup presents as a bowl shape whilst the handle is depicted as a downward slanting period of consolidation. Eat a cup of tea? The cup and handle pattern is slightly more complex as opposed to other chart patterns which can be tricky for some traders to identify. The steps below outline a simple guide to identify the cup and handle chart pattern successfully: The cup and handle pattern is considered to be a bullish continuation pattern therefore, identifying a prior uptrend is essential. This can be done using price ac
UBS agreed to buy its embattled rivalCredit Suissefor 3 billion Swiss francs ($3.2 billion) Sunday, about less than half of Friday's closing price of $8.4 billion for Credit Suisse.with Swiss regulators playing a key part in the deal as governments looked to stem a contagion threatening the global banking system.In order to preserve Credit Suisse and execute a successful takeover, Switzerland changed the law to allow both parties to bypass shareholder approval.Thus, as long as the board approved the sale, shareholders cannot question the sale price or the terms of the sale, resulting in shareholders who attempted to hold their shares on Friday losing half their stock equity.As an initial offer, UBS offered only $1 billion for Credit Suisse, which slowed down negotiations for a short time.
The agency's next goal? Focus on Thursday opportunities
One of the big surprises last week was that the Federal Reserve opened up the water again, providing another $300 billion of credit to the banking system. If interest rate cuts are interpreted as missiles, this credit supply can be interpreted as handing banks a revolver with plenty of ammunition. From the Fed's point of view, a problem that can be solved with a gadget doesn't need a big one.Liquidity is indeed provided objectively. The apparent spillover of liquidity sent tech stocks soaring, not knowing whether the market was unnecessarily misunderstood or not doing the right thing.The experience was eerie: it was as if the community had organized fundraising for critically ill patients, only to find that the patients' homes had been equipped with the latest computer 3D printers and VR d
A.I. Model -> ENZ Good Performance Good 9.75% Gain [17 Mar 23]
Please find and follow my YT channel (nerdbull1669) for Daily SG and US Stock Watchlist. Do follow me as I share quality stock pick for Daily Watchlist. During volatile period, the A.I. model has taken the economic data and financial news into consideration for sentiment analysis. It has been a good trade with volatile market condition happening on 17 March 2023 : $Enzo Biochem(ENZ)$ - 9.75% Gain The model has obtained a 80% accuracy from the stocks picked with BUY signal. I have taken trade on Enzo Biochem (ENZ) and HUB Security (HUBC) on 17 March 2023. What I have applied and learnt from this trade With the guidance from my A.I. model prediction, when a stock has gapped up a lot during pre-market, it is important not to chase the high immediate
Why it is Difficult to Lose BIG $$ with Options Trades
Horror stories on Options Trades There are plenty of stories online about folks who traded options and lost big. There was this guy who blogged about losing more than SGD500K primarily buying LEAP CALLS as well as another guy in the US who lost over USD300K buying BABA calls. While it is easy to blow one’s account with buying options, there are also plenty of stories of folks who lost money selling options. Potent Attribute of Options Trades - Adjustability The fact of the matter is such stories should never have existed cos Option trades have a very potent attribute - adjustability. For example, instead of selling call ratios, the guy who bought the LEAP CALLS went ahead to buy LEAP PUTS. He unwittingly converted the original position into a strangle & inadvertently locked in th
🔥Stock Prediction: How will TENCENT close on 23/3 following it's earnings?
Click to vote. Can you predict where $TENCENT(00700)$ will move following their earnings? If you get the right answers, You may divide 1000 Tiger Coins with other Tigers. In addition, you have the chance of winning Tiger Gifts$TENCENT(00700)$ will report earnings after market close on Wednesday, 22 March 2023. Lets's guess where TENCENT will move following their earnings? To set a reminder, please click here💡Highlights of this quarter:Tencent Holdings Ltd.is likely to regain some of its swagger, with rising revenue and Ebitda over
Jumping on the AI Bandwagon: AI-focus ETFs or QQQ?
Investing in the future of AI can be an excellent decision as the technology continues to grow and develop rapidly. If you are looking to invest in the AI sector without the hassle of choosing individual stocks, there are a few options available to you. No pure AI focus ETF yet? As there is no pure AI focus ETF yet based on my search. One option to consider is investing in an ETF that focuses on AI and robotics. An ETF, or exchange-traded fund, is a type of investment fund that trades on stock exchanges like individual stocks. ETFs can be an excellent option for investors who are looking for diversification across a range of companies in a particular sector, such as AI. Global X Robotics & Artificial Intelligence ETF (BOTZ). One ETF to consider is the
[Event] Join Singapore Trading Festival (STF 2023) and win prizes worth SGD4200
2022 might be the worst year for the US stock market since 2008, and in 2023, the US market is expected to continue being affected by the environment of increasing interest rates, high inflation, and economic slowdown.The Hong Kong market, on the other hand, is expected to be supported by multiple new policies from China that will boost the confidence of the stock market.In 2022, the STI index ended with a 4.1% index return, leading the growth of other APAC indices. Singapore's stock market might be a good choice for investors in 2023 as it is expected to be one of the most defensive markets.As the first quarter of 2023 comes to an end, and the market remains full of uncertainty, are you looking forward to some insight that can guide you on your next investment move? This will help you con
UBS-Credit Suisse Merger: A Frankenstein in the making?
The Swiss National Bank's US$54 billion loan to Credit Suisse apparently didn't restore the confidence in Credit Suisse. The next move is to change the owner for the bank. The Swiss authorities were busy over the weekend, brokering a merger between Credit Suisse and UBS. UBS has reached an agreement to acquire Credit Suisse for US$3.25 billion, or CHF0.76 per share. This price was less than half of the bank's market capitalization at the close of trading last Friday. In other words, a Credit Suisse shareholder saw the value of his shares decline 59% over the weekend while the market was close. This offer is particularly disappointing given that Credit Suisse's market capitalization was valued at US$27 billion at the start of 2022 and had peaked at US$79 billion in 2007. This deal can be se