Public Holidays There are no public holidays in Singapore, Hong Kong, America, or Singapore in the coming week. Economic Calendar (04Nov24) Notable Highlights The most watched event of the coming week will be the US presidential election. The results will likely affect American and global sentiment towards business and the conflicts in the various regions. With presidential candidate Trump promising to end the conflict quickly, this should bring some relief to the market though the defense industry should suffer. The next most important news will be the Federal Reserve's interest rate decision, which is due on Thursday night US time. The general forecast is looking at a 25-basis point cut. The recent inflation data from PCE would leave the Fed with some consideration as inflation
$XIAOMI-W(01810)$As a consumer, let's dive into what makes the Xiaomi SU7 a step ahead of its predecessors and how it's shaking up the EV market:[Miser][Miser][Miser][Cool][Cool][Cool]Range and Efficiency: The Xiaomi SU7 boasts an official CLTC range of 800 km, which is quite impressive. In road testing, it managed to cover 643 km, showing that it's not just about the numbers on paper but real-world performance too.Performance and Speed: When it comes to speed, the SU7 is a standout. It can sprint from 0-100 km/h in just 3.24 seconds, making it faster than competitors like the Tesla Model 3 and Nio ET5 in acceleration tests.Value for Money: Priced significantly lower than the Tesla Model 3 by 30,000 yuan (4,100 USD) and
Market Outlook of S&P500 - 04Nov24 - are the bulls running out of steam?
Market Outlook of S&P500 - 04Nov24 Observations: The MACD indicator has started a downtrend following a top crossover. Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. Both MA50 and MA200 lines are below the last candle. Thus, it could be read as bullish for both the mid and the long-term. The 3 Exponential Moving Averages (EMA) lines are on an uptrend and are starting to show signs of converging. This demonstrates a potential change in trend. This could be confirmed in the coming days. Chaikin’s Monetary flow (CMF) shows a downtrend. This implies more selling momentum than buying. The CMF seems to be moving sideways - applying similar momentum by both buyers and sellers. From Investing dot com, the daily technical indicators are showing a “SELL” rati
News and my thoughts from last week (04Nov24) - Alex Karp sells Palantir shares, Mortgage rates rise?
News and my thoughts from last week (04Nov24) There are an increasing number of data points that would show that the US is in a recession. The reason we can’t see it is the distortion caused by government hiring and spending Countries thrive via its private economy. Not money printer spending by the government. Non-farm payrolls today + the revisions to August and September on top of data like this below should be concerning. - X user and Billionnaire Chamath Palihapitiya Singapore is on the radar for 74,000 ultra-rich UK foreign residents hit by the tax change. These wealthy foreign UK residents contributed £6.2 billion in direct tax revenue in 2023 Can this lead to imported inflation for Singaporeans? - Business Times According to a recent SEC filing, Karp sold shares over three days, to
My Investing Muse (04Nov24) - oil as an indicator, layoffs & data revisions
My Investing Muse (04Nov24) Layoffs & Closure news Surprise, surprise… August jobs revised: 159K to 78K (-81k) Sept jobs revised: 254K to 223K (-31k) Chevron Corp. indicated potential US job cuts as part of a new cost-cutting plan. - LiveMint Manulife Financial has cut hundreds of jobs in its global wealth and asset management business, representing about 2.5 per cent of the division’s staff. - Business Times Publicis Groupe to lay off up to 200 employees at its digital agencies The holding company let go of more than 100 people at its media shops last week - Adage Broad Institute of MIT and Harvard Lays Off 87 Workers in Restructuring Effort - The Crimson Intel's biggest revenue decline in five quarters to hit amid broad layoffs and missed AI boom - Calcalistech Dropbox
Bitcoin, Gold, and the U.S. Election: Navigating Market Sentiments Amidst Geopolitical Tensions
As the 2024 U.S. presidential election approaches, gold, Bitcoin, and global markets are moving in ways that reveal market sentiment, fears of geopolitical conflict, and investor caution. Here, we explore these dynamics in light of past trends, current economic and geopolitical tensions, and the wisdom shared by prominent financial leaders. Gold Price Movements Around Trump's First Election In the six months leading up to Donald Trump's first election in November 2016, gold prices experienced significant volatility. From May 2016 to November 2016, gold prices rose from around $1,200 per ounce to approximately $1,300 per ounce, reflecting investor uncertainty and a flight to safe-haven assets. Following Trump's election, gold prices initially spiked but then declined as market confidence in
Mapletree Logistics Trust's 2Q FY24/25 Result Review
$Mapletree Log Tr(M44U.SI)$ Basic Profile & Key Statistics Key Indicators Performance Highlight MLT's gross revenue and NPI experienced a slight decline YoY, primarily due to lower contributions from its China properties, divested assets, and the weakening of foreign currencies against the SGD. The amount distributable to unitholders and DPU saw a more significant drop, impacted by higher borrowing costs, reduced distributions from divestment gains, and increased tax expenses. Rental Reversion In 2Q FY24/25, portfolio rental reversion stood at -0.6%, with only the China properties experiencing negative reversion. Divestment In September, MLT divested two properties, with four more pending completion. Redevelopment The redevelopment of 51 Be
Stocks rallied Friday to kick off November as Amazon led big technology stocks into the green and traders looked past a disappointing jobs report. DJIA gained 288.73 points, or 0.69%, ending at 42,052.19. S&P 500 advanced 0.41% to close at 5,728.80, and NASDAQ rose 0.8% to 18,239.92. The jobs report released Friday showed the U.S. economy added just 12,000 jobs in October, far below the Dow Jones estimate of 100,000. This marked the weakest level of jobs creation since December 2020. The unemployment rate held at 4.1%, in line with estimates. This was a noisy number largely due to hurricanes and labor strikes, so it’s unlikely that this weakness is going to cause the Federal Reserve to pivot away from its expected 25 basis point rate cut at the November meeting. This might be why trade
Weekly & Monthly Top Contributor: Congrats to these Tigers on winning $225 vouchers in total!
🌟 Welcome to our "Top Contributor" Awards Program! 🌟Congratulations to the outstanding contributors who made last week unforgettable! You are the heartbeat of our community, and your dedication shines bright.From 21 Oct - 27 OctWeekly Top Contributor ($25 stock voucher): @koolgal@Barcode@第N次大变革大分流 Weekly Top Contributor ($15 stock voucher): @Ultrahisham@JC888@HMH@The Investing Iguana
The S&P500 slipped -1% in October, making it +19.6% YTD
Learnings and conclusions from this week’s charts:The $.SPX(.SPX)$ slipped -1% in October (making it +19.6% YTD).Pre-election de-risking continued last week.Seasonal tailwinds are on the way.Softer PMIs stand at odds with strong stocks.Stockmarket confidence is extremely (record) high.Overall, as noted last week there does seem to be a sense of caution ahead of multiple event-risk in the week ahead (the election being the big one). Paradoxically this sets the scene for a rally if you just clear that uncertainty out of the road… and into what has historically been a seasonally strong part of the year. But as explored in-depth this week, we are well progressed through the cycle and getting closer to the danger zone of a number of different framework
1.Small Caps vs Large Caps -clear long-term Trend-with major cycles and swings--just about due for a turnaround?Image2.Miss the best days = sadMiss the worst days = gladMiss them both?Not bad... $.SPX(.SPX)$$SPDR S&P 500 ETF Trust(SPY)$$E-mini S&P 500 - main 2412(ESmain)$ Image3.Year-end Rally?...really?Seasonality says so, but here's the thing with seasonality... ImageOn the radar-more PMI data-sloos?-RBA,BoE,FOMC-China CPIMarkets: 10yr yield pushing higher, DXY pulling back from resistance, gold profit taking off the highs, WTI crude still holding support, stocks slipping on de-risking...
YTD still mostly positive, US large caps still on top, bonds at the bottom
Asset Class Returns in Oct 2024-all tricks and no treats with a late-Oct selloff-broke the multi-month streak of near-universal gains with near-universal losses in Oct-cash king (and USD + gold up)YTD still mostly positive, US large caps still on top, bonds at the bottomImageScreenshot 2024-11-03 073123.pngPS: The charts and tables below present market performance data for the assets we calculated capital market assumptions for. Every effort has been made to ensure the analysis is accurate and correct, however we assume no liability for any errors or omissions or any representations made by users of this information. Use at your own risk, and to all purposes your own responsibility.
$NVIDIA Corp(NVDA)$Look at some of the tailwinds that were revealed from last week for Nvidia. These are not small tailwinds, and I believe, coupled with interpreting $Taiwan Semiconductor Manufacturing(TSM)$ , who is Nvidia's Fab, all but confirm that Nvidia are going to have an absolute blow out quarter again this month. For me, 150+ is target for NVDA by EOY.Here's the key takeaways for Nvidia:• NVDA will replace Intel in the Dow Jones Industrial Average• $Meta Platforms, Inc.(META)$ says that Llama 4 models are training on clusters using over 100,000 Nvidia GPUs and will increase CAPEX in AI in 2025. Meta is NVDA’s biggest customer,
ADR%: Examining Trend-Following vs. Range-Expansive Move Behavior
I received an overwhelming response and numerous DMs (apologies if my replies are delayed, as I’m working to respond to each message constructively) across platforms, including LinkedIn and IG, about my recent post on the top 100 performing stocks (YTD basis), which included a breakdown of some simple key data. I also expanded the data for everyone's deep dive by sharing the full list of the top 100 % gainers from each year since 2018 without filter. I wish to use this post to clarify in case anyone misinterprets how to apply the ADR% filter in their screening criteria.Here’s an overlay of the historical ADR% indicator highlighting two types of +70% upward moves within the same quarter. I’ve selected four stocks with varying prices, share structures, sector/group, floats, and trading volum
Warren Buffett’s Apple Sale and $325 Billion Cash PileOne of the big revelations that came out yesterday was Warren Buffett continuing to stockpile cash. The “insurance and other” segment cash pile grew to $320.0 billion at the end of the third quarter of 2024, and “railroad, utility, and energy” has another $4.9 billion in cash.This is more cash than $Berkshire Hathaway(BRK.A)$$Berkshire Hathaway(BRK.B)$ has ever had, and Buffett has been raising cash by selling stocks. The biggest sale this year is his massive stake in $Apple(AAPL)$ , going from $174.3 billion at the start of 2024 to $69.9 billion at the end of the third quarter.Why is Buffett selling? I thi
Palantir Earnings Showdown: Can PLTR Extend Its 144% Rally or Is It Time for a Pullback?
$Palantir Technologies Inc.(PLTR)$ is set to report its Q3 earnings today, November 4th, and investors are watching closely. With a year-to-date rally of 144%, Palantir’s stock has been one of the tech sector’s standout performers, outpacing many in its industry. The company’s forecasted Q3 revenue of $697 million to $701 million signals a robust year-over-year growth of 25-26%. But with such a substantial run-up, is there more room for upside, or is a correction due? Let’s analyse Palantir’s setup going into earnings and consider two trading ideas. The central question here is whether Palantir will beat estimates and extend its rally, or fall short, leading to a potential pullback. Here’s my take on what to expect and two ways to play this earnin
Key S&P 500 Level to Watch Before the U.S. Election—Breaking It Could Spell Trouble
Last Friday, the S&P 500 Index ( $.SPX(.SPX)$ ) didn’t close the week on a strong note. Thursday saw a solid bearish candle, while on Friday, the price initially opened higher but ultimately ended the day lower. This price action could indicate profit-taking or position trimming ahead of expected market volatility due to upcoming political events. The uptrend remains intact, and minor price corrections can be healthy for the continuation of the current trend. However, last week’s close fell below a key support level of 5765, which could signal some caution. From my analysis, a much stronger support zone lies between 5597 to 5629. If the price breaks below 5597, it may signal the end of the current uptrend, potentially leading to a deeper corre
🔥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:1 Nov]1.Here are the 8 Tigers whose post has the best quality & interaction last week:Congratulations on being offered 50 Tiger Coins!AGNC Inve
Palantir (PLTR) Focus On Commercial Biz Growth Not Valuation
$Palantir Technologies Inc.(PLTR)$ will announce its Q3 financial results on 04 Nov 2024 after market close. We are seeing analysts reported to expect a 40% drop in PLTR stock price after its earnings. There are some points that might sound reasonable, but I think we need to look at how companies who are in the AI business (either hardware or software) who have reported their quarterly earnings so far, none of them who continued to sell and have increased number of customers to their business, are seeing drop of more than 20$ in their share price. So I think we might want to look at both fundamentals of Palantir and technicals, also include how the AI cycle are moving for the different industries, government and also consumer. Palantir earnings pe