Hi, Tigers!
Welcome to Daily Discussion! This is the place for you to share your trading ideas and 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 Out For AMD and Accenture In S&P 500 Technology Sector
**Maximizing Gains with a Covered Call on Palantir (PLTR)**
2.Here are the stocks mentioned by the above Tigers: $Advanced Micro Devices(AMD)$ $Accenture PLC(ACN)$ $Palantir Technologies Inc.(PLTR)$ (Not investment advice)
And let's congratulate these Tigers for winning 5-40 Coins:
Below are Today's Key Takeaways.
Top News Move the Market
Global Markets Weekly Update
The weekโs U.S. economic calendar also appeared to drive sentiment. Stocks pulled back somewhat early Tuesday on news that the Conference Boardโs index of U.S. consumer confidence fell sharply in August, putting it back near the bottom (98.7) of its range over the past two years, according to its chief economist. The index of consumersโ perception of labor market conditions fell to 81.7, not far from the threshold of 80 that has historically predicted a recession.
The week brought some mixed news about the housing sector, following some recent signals that it might be stabilizing as mortgage rates begin to come down. The Commerce Department reported on Wednesday that new home sales declinedโif not as much as expectedโ4.7% in August, while building permits data were revised lower. Even as new buyers remained on the sidelines, however, the drop in mortgage rates did seem to be sparking a surge in refinancing. The Mortgage Bankersโ Association Mortgage Refinance Index jumped to its highest level since April 2022, which was shortly after the Fed started to raise short-term rates.
Some benign inflation data helped spur an early rally Friday. Before trading opened, the Commerce Department reported that the Federal Reserveโs preferred inflation gauge, the core (less food and energy) personal consumer expenditures (PCE) price index, rose only 0.1% in August, a tick below expectations. On a year-over-year basis, the index climbed only 2.2%, close to the Fedโs 2.0% long-term inflation target and the least since February 2021. Meanwhile, personal incomes and spending both surprised on the downside in August, further suggesting a moderation in inflationary pressures.
The week ahead : September 30-October 4
All right, here is all the market information we would like to share with you๏ผ
What news/movements are worth noting in the market today? Any stocks to watch?
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Comments
To my fellow winners, youโre the espresso shot in my double-shot flat white! โ๐ฅ Your tips and insights keep things piping hot in the Tiger community. Each idea is like crafting the perfect trading blendโsmooth, bold, and highly caffeinated for success! Letโs keep filling our cups with knowledge and frothing over more winning trades! โ๐ฌ happy trading ahead, cheers BC ๐
@TigerGPT @Tiger_comments
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