469
ยท
09-24
Market Highlights ๐ก - 24 September 2024
Wall Street rose slightly after dovish comments from Federal Reserve officials; Chinese stock markets closed higher following an unexpected cut in short-term interest rates. ๐บ๐ธ S&P 500: 0.28% ๐ $S&P 500(.SPX)$
TOPTigerGPT: Based on the market highlights provided, here are the key points: Wall Street experienced slight gains following dovish comments from Federal Reserve officials. Chinese stock markets closed higher after an unexpected cut in short-term interest rates. The S&P 500 rose by 0.28% and the Nasdaq increased by 0.15%. In Europe, the Stoxx 600 rose by 0.41%. The Nikkei 225 market was closed. The Hang Seng Index declined by 0.05% after a six-day rally. The CSI 300 increased by 0.37%. The Straits Times Index in Singapore dropped by 0.21%. In the US stock markets, the S&P 500 and Nasdaq both rose by 0.3% and 0.2% respectively. This was a result of investors weighing Federal Reserve policymakers' comments against new economic data. The S&P Global US Manufacturing PMI fell to 47.0 in September, while the Services PMI remained strong at 55.4. In the Eurozone, the HCOB Eurozone Manufacturing PMI dropped to 44.8, and the Services PMI declined to 50.5 due to weakness in the French economy. Asia-Pacific markets were mixed, with the Hang Seng Index decreasing by 0.1% after a six-day rally. Some notable remarks from Federal Reserve officials include: Fed Chair Rachel Reeves mentioned that the road ahead would be steeper and more difficult than anticipated. Chicago Fed President Austan Goolsbee expressed satisfaction with a 50 basis point rate cut and emphasized the need for a soft landing. Atlanta Fed President Raphael Bostic acknowledged the faster progress on inflation and cooling labor market conditions, suggesting the possibility of normalizing monetary policy sooner than expected. Minneapolis Fed President Neel Kashkari indicated a willingness to take a big first step initially and potentially smaller steps in the future, depending on data changes. These statements indicate that investors are seeking further evidence that recent rate cuts are not driven by an emergency mindset but rather a precautionary easing policy due to diminishing inflation risks. Please note that the information provided is for reference purposes only and does not constitute investment advice.
530
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09-24
23 Sep Mixed Market Breadth Due to Lack Of Conviction
Throughout the trading session, the market breadth exhibit mixed mode, this indicate lack of conviction from either buyers or sellers after the recent big run. Advancers led decliners by a 3-to-2 margin at the NYSE, while decliners led advancers by a 4-to-3 margin at the Nasdaq. Market participants remain optimistic about a soft landing scenario for the economy, but there's a growing sense that stocks are due for some consolidation. DJIA rose by 0.15% and S&P 500 increased by 0.28%, this helped both to extend into record territory. NASDAQ also closed 0.14% higher. However Russell 2000 underperformed, dropping 0.3% after recently outperforming its peers. Energy Sector Gained More Than 1% S&P 500 Energy sector was the top winner with +1.31% with Crude Oil & Natural Gas up by +0.5
17.71K
ยท
09-24
[Events] Singapore Stocks Hit 17-Year Peak โ Are You On Board?
The Straits Times Index rose 0.7% on Monday, reaching its highest level since 2007, with an increase of over 12% year-to-date.The prospect of interest rate cuts has boosted Singapore's Real Estate Investment Trusts (REITs), enhancing the appeal of high-yield markets. REITs have driven much of the growth, while strong dividend expectations and robust loan growth have supported bank stocks. Major Singapore banks have reached record highs, indicating confidence in the financial sector, which may attract more investment.The Singapore stock market has risen again today. Today we would like to invite you to share your gains and trading strategies in the comments below!How to participate?Just leave a message in the comment area of this post. Share your most profitable Singapore stock trade in the
TOP๐๐๐In land scarce Singapore, $PropNex(OYY.SI)$ is the largest Real Estate agency with more than 12,000 agents as at January 10 2024. Despite several rounds of cooling measures and high interest rates, property prices from HDB to private homes continue to rise. I have invested in Propnex since 2021 and have been rewarded with steady dividends and capital growth. The current dividend yield is 7.28%. Propnex stands for Property Network for Excellence. With its strong commitment to excellence in customer service, I believe that Propnex will not only survive but thrive in our fast growing Singapore property market. Go Long Go Strong Go Propnex! ๐๐๐๐๐๐๐๐๐๐ฐ๐ฐ๐ฐ๐ธ๐ฌ๐ธ๐ฌ๐ธ๐ฌ @TigerEvents @TigerStars @Tiger_SG @Tiger_comments
8.87K
ยท
09-24
I opened $X-trackers Harvest CSI 300 China A-Shares Fund(ASHR)$ ,ASHR tracks a index of 300 largest and most liquid Chinese stocks trading on the Shanghai and Shenzhen exchanges as it holds physical China A Shares. The Top 10 holdings include Kweichow Moutai, Contemporary Amperex, Ping An Insurance, China Merchants Bank and many more. Today the Chinese authorities announced that PBOC will cut the reserve requirement ratio for banks by 50 basis points as well as other policy easing measures. ASHR also pays dividends once a year. The current dividend yield is 2.58%. I believe that this is great time to buy ASHR as it is currently on an upward trajectory.
ASHR
09-24 14:05
USX-trackers Harvest CSI 300 China A-Shares Fund
| Side | Price | Realized P&L |
|---|---|---|
| Buy Open | 24.00 | +16.13% Holding |
TOPToday, I have already started harvesting. Hope can continue till end of the week [Sly]
1.71K
ยท
09-20
I opened 1 lot(s) $TSLA 20241101 190.0 PUT$ ,tesla bull selling for more premium. waiting for robotaxi announcement and look forward for its energy business growth
TSLA PUT
09-20 21:41
US20241101 190.0
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 3.55 1Lot(s) | -- Closed |
3.07K
ยท
09-20
I opened 5 lot(s) $NVDA 20241004 104.0 PUT$ ,Chart moving as expected as stock moves to close the gap formed yesterday, but not in a hurry to place full position. Target is 20 CSP to sell, start with 5 first and DCA into it. No rush, not greedy.
NVDA PUT
09-20 23:20
US20241004 104.0
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 0.67 5Lot(s) | -- Closed |
875
ยท
09-24
Fed goes with half-point interest rate cut. What that means.
After a long-awaited call, the Federal Reserve finally began to enter the interest rate cut cycle after two years, and the rate of interest rate cut was 50 basis points slightly exceeding market expectations, which made the market full of expectations for the speed of future interest rate cuts. Regardless of the speed of interest rate cuts in the future, the interest rate cut cycle has already started, and the market will re-enter the game of inflation and recession in the future. Since there is still a lot of room for interest rate cuts, the market will still be relatively optimistic in the short term. Despite the fears of recession, under the expectation that the Fed will cut interest rates more the recession, the risk of the U.S. stock index is still controllable, so there is no need to
579
ยท
09-24
TSLA future is absolutely amazing
$Tesla Motors(TSLA)$
4.11K
ยท
09-24
3 Reasons Qualcomm Shall Not Takeover Intel
First, limited synergiesIt is well known in the industry that $Qualcomm(QCOM)$ strength is cell phone chips, and PC and AI server chips are Qualcomm's deficiencies. $Intel(INTC)$ has a certain advantage in PC chips, cell phone chips have no advantage at all, and AI server chips are also Intel's weakness.Therefore, Qualcomm's acquisition of Intel may only help the chip business on the PC side.And originally Qualcomm has raised capital expenditures, full expansion of the PC and AI side of the ecosystem, the latest quarter of CapEx reached 390 million dollars, in other words, Qualcomm's own investment in this area has been sent to the car.So if you spend $100 billion to acquire Intel just for PC chips, it's
TOPI completely agree with your points on why Qualcomm should not acquire Intel.
1.53K
ยท
09-21
I opened $TZA 20241115 11.0 PUT$ ,Replaced the TZA position that I have closed. Pushed strike form $13 down to $11. Continue maintaining some bearish position as interest rate cuts is a signal that the economy is not doing as well as forecast
TZA PUT
09-21 00:17
US20241115 11.0
| Side | Price | Realized P&L |
|---|---|---|
| Sell Open | 0.42 | +66.67% Holding |
5.44K
ยท
09-21
I opened 2 lot(s) $TSLA 20241115 300.0 CALL$ ,Replaced tesla call with a higher strike from 245 to 300. Tesla has habit of sudden surges with plunges as itโs heavily influenced by news more than fundamentals.maintaining net short position
TSLA CALL
09-21 03:21
US20241115 300.0
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 6.30 2Lot(s) | -- Closed |
13.58K
ยท
09-21
I closed $MARA 20240920 18.0 CALL$ ,Contracts expired worthless and collected full premium while waiting for BTC to surge back up into year end. Patience required here.
MARA CALL
09-21 14:35
US20240920 18.0
| Side | Price | Realized P&L |
|---|---|---|
| Buy Close | 0.00 | +100.00% Closed |
TOPCongratulations on collection of full premium. Liked and shared
7.06K
ยท
09-21
I closed 1 lot(s) $TSLA 20240920 250.0 CALL$ ,On one of my post recently, sighting that Tesla has a stubborn resistance at 232 level, however that was breached just 2 days ago, this should be a bullish signal, Tesla now May head to 246ish for a gap fill created during last earnings. Anyhoo, this cover call just expired worthless, thus keeping its full premium collected. One more expiring next week, ๐ค
TSLA CALL
09-21 14:34
US20240920 250.0
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Close | 0.00 1Lot(s) | +100.00% Closed |
3.50K
ยท
09-21
I opened $Wynn(WYNN)$ ,I made an additional investment in Wynn Resorts (WYNN) based on its strong long-term growth potential in Macau and strategic expansion in the UAE. With improving EBITDA margins and opportunities in Las Vegas, Boston, and potentially New York, Wynn is well-positioned to capitalize on gaming and leisure demand globally.
2.39K
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09-21
I closed $WBA CALENDAR 240920/241018 PUT 10.0/PUT 10.0$ ,WBA: rolled out the remaining unassigned WBA sold puts options that are expiring on 20th Sept to 18th Oct which is 28 days away. Earlier on the day, a portion was already assigned, and decided to deploy the cash wisely and rolled out the rest. WBA is making new lows by the day and donโt look like a keeper. Will trade this position out in the coming months.
WBA Calendar
09-21 03:50
US10.0/10.0
| Side | Price | Realized P&L |
|---|---|---|
| Credit Close | -0.27 | -- Closed |
2.52K
ยท
09-24
I closed 21 lot(s) $TCH.HK 20241030 390.00 CALL$ ,Diagonal roll for CC to capture better exit price. China had announce stimulus package, which is a catalyst for stocks to move up. Increased conviction on short term long view.
TCH.HK CALL
09-24 13:22
HK20241030 390.00
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Close | 16.40 21Lot(s) | -160.62% Closed |
535
ยท
09-23
I opened 1.0 unit(s) $TSLA CUSTOM 241101 PUT 200.0/CALL 275.0/CALL 270.0$ ,opening jade lizard to try out. positive with tesla outlook
TSLA Custom
09-23 21:47
US200.0/275.0/270.0
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Credit Open | -5.56 1 | -- Holding |
1.47K
ยท
09-24
China's New Monetary Policies: Boosting Economic Recovery and ETF Opportunities
Recently, the People's Bank of China (PBOC) introduced several supportive measures, including lowering the reserve requirement ratio (RRR), cutting interest rates, and reducing mortgage rates for existing loans. These moves aim to boost economic recovery, especially in sectors like real estate and consumption. As a result, China-concept stock ETFs present a compelling investment opportunity.Key Monetary Policy ChangesThe PBOC announced a 0.5 percentage point cut in the RRR, with another possible reduction by year-end. Policy rates, such as the 7-day reverse repo rate, have been cut by 0.2 percentage points, while mortgage rates and down payment requirements for second homes have also been lowered. These measures will increase liquidity, benefiting sectors like real estate and consumption.I
397
ยท
09-23
I opened $Charles Schwab(SCHW)$ ,I increased my position in Schwab after noticing a trend of more positive news surrounding the company in recent months.
3.61K
ยท
09-23
I opened $Alphabet(GOOGL)$ ,Buying Google Shares and Selling Puts: Confidence in YouTube's Earnings Growth I recently bought more Google (GOOGL) shares and sold puts, combining these strategies to capitalize on its solid business fundamentals, particularly YouTube's earnings growth. Google is not just a search engine giant, but its YouTube platform continues to expand, generating strong ad revenues and diversifying its income streams. YouTube remains one of the most influential platforms for content creation and advertising, and I see significant long-term potential in its ability to grow and monetize further. By buying shares, Iโm ensuring that I have a direct stake in Google's continued success. Meanwhile, selling puts allows me to genera
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