From late 2023 to the close on September 23rd, 2024, $Summit Therapeutics PLC(SMMT)$ and $Instil Bio, Inc.(TIL)$ have both soared past 700% in share prices. The stellar performance is fueled by their promising new drug candidates, which could revolutionize cancer treatment and rake in billions in annual sales.Recent clinical trial data hints at a bright future for Summit and Instil Bio's respective drug prospects. Should these trials succeed, the pre-commercial pharma stocks could skyrocket even further.1. $Summit Therapeutics PLC(SMMT)$ Summit's share price once soared over 1000%, before settling. As of September 23rd's close, it still boasted a 2024 gain of 739.
The "October Effect" suggests markets may crash in October, driven by past events like 1929 and 1987, but it’s more psychological than based on consistent data. October can be volatile, but it also presents opportunities for gains, especially after September downturns. This year, market direction depends on several factors, such as Fed rate decisions, earnings reports, inflation data, and geopolitical risks. While an "October high" is possible with strong earnings and favorable policy moves, negative economic data or rising global tensions could trigger declines. Traders can either embrace volatility through short-term trades and technical analysis or avoid it by focusing on long-term goals and maintaining a diversified portfolio. Proper risk management is key, using tools like stop-loss
🎁Enbrace Bunch of Good News, Time to Enjoy More Profit from CHN ADRs?
Hello Tigers,The following table shows the weekly winners of the Chinese ADRs, which benefited strongly from the abundance of good news on the Chinese market in the week from September 23 to 27.China announced a series of significant stimulus measures to revive the sluggish economy and stimulate domestic demand. These policies include:Reducing loan interest rates, mortgage interest rates, and bank reserve requirement ratios.Lowering the down payment ratio for second homes from 20% to a historical low of 15%.Launching a 500 billion yuan swap plan to provide funds more conveniently for funds, insurance companies, and brokers to purchase stocks, and also introducing a 300 billion yuan loan plan to provide cheap funds for commercial banks to purchase stocks and repurchase shares.
When considering investment strategies, both big gains over time and accumulating small gains each day have their merits. Yet, I prefer making big gains over time for several reasons: 1. Less Frequent Monitoring: Focusing on long-term investments allows me to avoid the stress of daily market fluctuations. I can make decisions based on comprehensive research rather than emotional reactions to short-term market changes. 2. Significance of Big Gains: Large gains often come from identifying major trends or shifts in the market. These "big wave" opportunities can lead to substantial profits, particularly if invested in robust companies or industries poised for growth. 3. Balanced Approach: While I prefer long-term gains, I recognize the value of small trades. Occasionally engaging in smaller tr
$John Deere(DE)$ Community involvement 🩵🧡 Sharing one of my winning P&L picks for 10 $Tiger Brokers(TIGR)$ Tiger coins. Cheers for the coins Tiger! Balance now 50305 🥂 • E-mini Dow Jones ($YM): 42,624.00, up +69 points (+0.16%) 🔺📈 $DE could benefit from market optimism. John Deere shares how it can impact farming and agriculture: https://ktul.com/living-oklahoma/segments/john-deere-shares-how-it-can-impact-farming-and-agriculture Donald Trump’s economic policies, particularly his obsession with tariffs, show exactly why he shouldn’t be president again. His latest proposal to slap a 200% tariff on John Deere products if the company shifts production to Mexico is like using a sledgehammer to fix a p
🚀Key events in the coming week, share your trading plans!
Hi, Tigers!Welcome to Daily Discussion! This is the place for you to share your trading ideas and win coins!Click here to join the Topic & Win coins >>[Rewards]We will reward you with 50 Tiger Coins when you share your knowledge about stocks and markets here, depending on quality and originality.[Winners Announcement:27 Sep ]1.Here are the 9 Tigers whose post has the best quality & interaction last Friday:Congratulations on being offered 50 Tiger Coins!Look
$BABA-W(09988)$ Wah, she continues to exhibit strength, likely to scale higher! Wah, nice closing at 102.50 last Friday! The awakening of the Giant! Will she be able to overcome all the obstacles and continue to trend higher! Chart wise, she may rise up to test 122 than 130 and 142.4. Covering up the Gapped at 155.30 woukd be very positive! Pls dyodd. Quote: Alibaba Group Holding Limited's U.S.-listed shares skyrocketed on Thursday, surging 7.21% as China unveiled a sweeping stimulus package aimed at reviving the country's faltering economy. The e-commerce giant's stock rallied along with other Chinese tech giants, fueled by Beijing's aggressive pro-growth measures. The catalyst for the stock rally was a series of stimulus st
Earnings Calendar (30Sep24) - is Carnival worth a look?
Earnings Calendar (30Sep24) Q4/2024 has started. Nike, ConAgra, Cal-Maine Foods, Carnival, Levi's, and Constellation Brands are all expected to report their earnings next week. Let us look at Carnival in detail. Observations about Carnival: The revenue of carnival has grown from $15.8 billion in 2014 to $21.5 billion in 2023The gross profit grew from $5.4 billion in 2014 to $7.2 billion in 2023. However the operating profit remains of concern despite recovery from COVID years to a operating profit of $1.9 billion in 2023. Earnings per share EPS remained at a -$0.06 in 2023. The P/E ratio of the company stands at 27.1 that makes it rather expensive. The 10-year median margin of the cross profit stands at 36.2% and the free cash flow of the 10-year median margin stands at 5.9%. Thi
27 Sep Market Saw Renewed Strength In Semiconductor Names
Last week we saw the market was focused on China after China’s officials announced a raft of measures aimed at boosting consumption, property demand, and stock market liquidity. The People's Bank of China lowered its reserve requirement ratio, the repurchase rate, the medium-term lending facility rate, and hinted at a potential cut to the loan prime rate. A flood of fiscal spending was also announced with upcoming bond issuance expected to reach roughly half of the amount spent to counter the Great Financial Crisis. We saw S&P 500 China Select ADR Index gained 3.92% on Friday (27 Sep). S&P 500 Energy Sector Top The Group Shares of oil and gas exploration and production company APA Corp. (APA) posted a daily gain of 6%. Crude oil futures prices staged a slight recovery on Friday af
Nike (NKE) Revenue For Emerging Market and Guidance To Look For
$Nike(NKE)$ is scheduled to announce its fiscal first quarter of 2025 on Tuesday (01 Oct) after market close. This earnings result is coming just weeks after Nike announced a CEO change, with Elliott Hill set to take over from John Donahoe next month. Market is expecting both sales and profits to be lower than last year, with total revenue expected to drop around 10%, from $12.94 billion in the first quarter last year to $11.65 billion this year. The consensus for earnings per share is at $0.52, lower than $0.94 same period last year. Competition From Incumbent Like Hoka and On Running There are competition coming from incumbent brands like Hoka and On Running, this has caused their direct-to-consumer business which depends on their own physical st
Your life will change making $30,000 trading in the next 3 months.But most traders are focused on the wrong set-ups.Learn 3 MASSIVE $SPDR S&P 500 ETF Trust(SPY)$ set-ups in 3min here 🧵ImageThese 3 strategies work best when:SPY stays above $540 and the 200SMA at all times on the DAILY time frame.• On bullish days when Nasdaq, SPY and IWM are all gapping up.• From 9:30am to 11am EST• On the 5min time frame• Scalp going LONG SPY calls only1. buying the dipKeep this SET-UP simple. All you need is 2min-5min time frame and the VWAP. As soon as the downtrend is broken and it crosses the VWAP at the same time.This is your entry. This happens on most REVERSAL days.Image2 Watch for BIG BUYER to step in to the market. These are signs of buying pressure an
Trade Around Declining Consumer Confidence (LULU vs NKE)
While investors would look at the consumer discretionary sector when the Fed cut interest rates as rate cut normally would have a positive effect on consumer spending habits through easier and cheaper financing rates. But this time economic data shows that the state of consumer is not the same as before. We are seeing some of the stocks in the consumer discretionary space being rotated into other sectors. In the article I would like to share what I have looked at the consumer discretionary sector stocks. But do note that we will be expecting some important event that could affect the sentiment. One of the event to watch is Fed Chair Powell Speech on 30 Sep 2024 at 1:55pm ET. Key Factors Behind the Recent Decline in Consumer Confidence Readings Even when economists and hedge funds manager c
🌟🌟🌟UP Fintech Holding better known as $Tiger Brokers(TIGR)$ is up a huge 24% in the past 5 days since the Chinese authorities released a blitz of stimulus measures and interest rate cuts following the Feds' jumbo rate cut of 0.50% recently. Is it time to buy Tiger Brokers? Let's look at its Q2 24 financial results. According to Wu Tianhua, Chairman and CEO of Tiger Brokers, trading volume increased 23.9% quarter over quarter and 62.5% year over year to USD 105.9 billion. This was due to a more active market environment and Tiger Brokers' increase in product offerings. Revenue for the quarter was USD 87.4 million, an all time high, an increase of 10.8% quarter on quarter and a year over year increase of 32.4%.
Is Palantir Stock a Buy? By Geoffrey Seiler – Sep 29, 2024 at 7:05AM Key Points Palantir has established itself as a top data analytics and AI company. The company has a lot of growth potential from both commercial and government clients. However, the stock's current valuation appears extreme and insiders have been dumping the stock hand over fist. Why the stock is one of the more divisive names on Wall Street. Palantir Technologies ($Palantir Technologies Inc.(PLTR)$ -0.70%) has been one of the market's hottest stocks this year, with its price more than doubling. However, it is also one of the more divisive names in the market, largely due to its valuation. Let's take a look at both the bull and bear cases wi