[Events] How will NASDAQ index move this week？

TigerEvents
01-08

Click to vote. Can you predict how will  $NASDAQ(.IXIC)$ move this week? 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.

The U.S. stock market has faced its worst start in 20 years. Following a nine-session rally, the S&P 500 dropped by 2%. The Dow Jones Industrial Average declined by nearly 1%, while the technology-focused Nasdaq index plummeted by almost 4%. Reports from Fortune magazine indicate that this marks the most dismal start for U.S. stocks since 2003.

Inflation will be the big macroeconomic focus in the coming week, with minimal earnings until the big banks including $JPMorgan Chase(JPM)$ $Bank of America(BAC)$ $Citigroup(C)$ $Wells Fargo(WFC)$ and a few others on Friday. Consumer Price Index data for December is due on Thursday, followed by the Producer Price Index on Friday.


💰Activity Details

  • Click to vote. Can you predict How will  $NASDAQ(.IXIC)$ move this week? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.

  • For example, If 10 Tigers get the right answer, each will receive 100 Tiger Coins. If 100 Tigers get the right answer, each will receive 10 Tiger Coins.

  • Reply and forward this post, share your insights about $NASDAQ(.IXIC)$ , and you have the chance of winning Tiger Gifts.

⏰Event Time

  • The event will last until  22:00 on Friday 12 January 2024

 Welcome to participate!

How will NASDAQ index move this week？(Maximum1 votes)
  • Very Green (over 4%)(46 votes)
  • Green (2% to 4%)(120 votes)
  • Flat (-2% to 2%)(84 votes)
  • Red (-4% to-2%)(30 votes)
  • Very Red (below-4%)(12 votes)
Will Core CPI Drop and Trigger a Faster Rate Cut?
Trading Economics expect Dec CPI to be 3.2%, higher than the previous data of 3.1%; the estimates of core CPI is 3.8%, lower than the previous data of 4%. FOMC minutes indicated a growing confidence in controlling inflation and rate cuts in 2024. ------------------------------- Will core CPI drop as expected and trigger for a faster rate cut?
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