1 Minute For Daily Market (04/11/24):Earnings, US. Elections & Fed Meetings

Tiger_Contra
11-04

📈Premarket for SG Tigers to read, Thank you for your continued companionship to Tiger Trade, and happy investing for this week.🐯

📊Weekly Market Content for SG Tigers to Read

  1. Weekly: Markets brace for presidential election, Fed meeting @TigerObserver

  2. US Market Insights (4-7 Nov): All eyes on US elections

  3. The S&P500 slipped -1% in October, making it +19.6% YTD

  4. 01 Nov Stock Market In The Green Helped By Amazon 🟢

🎉What To Expect This Week 👀

In addition to the U.S. presidential election on 05 Nov., which has led to elevated volatility, investors are also looking toward the Fed’s two-day policy meeting on 06-07 Nov.

I think the focus this week will be the result of the US election on the 05 Nov and the FOMC meeting on 06-07 Nov. From the economic data we have gathered so far, we might see Fed take a cautious approach to the next rate cut decision, we could see a 25 basis point cut in December if Fed is positive that inflation remain low and near its target rate of 2%.

But this would also depend on who win the US election, and this could bring Fed back to no rate cut or even a rate hike rather a small one.

💰Weekly Earnings Highlights:

$Palantir Technologies Inc.(PLTR)$ $SUPER MICRO COMPUTER INC(SMCI)$ $Faraday Future Intelligent Electric Inc.(FFIE)$ $AMC Entertainment(AMC)$ $Anax Metals(ARM.AU)$ $Qualcomm(QCOM)$ $Marathon Digital Holdings Inc(MARA)$ $Barrick Gold Corp(GOLD)$

🎁Join Today's Rewarding Topics:

  1. 【Win 10,000 Tiger Coins】Trump vs. Harris: Who Will Win 2024 US Election?

  2. November Effect + Stock Buybacks: Will November Present a Better Month?

US Election Articles from Tiger Community

  1. What You Need to Know About the US Presidential Election?

  2. 💰5 Charts Unlock Goldman Sachs' Secrets: Trump vs. Harris - Your Guide to Winning Bets

  3. Daily Scoop🍨: Donald Trump Leads In Polls On Swing States 💪

  4. SP500: The Election Playbook - Odds Shifting In Harris Favor

  5. 🌟🌟🌟🌟🌟Trump All The Way on 5th Nov 2024

🚀Content May Serve Your Trades:

  1. Key S&P 500 Level to Watch Before the U.S. Election

  2. Should we buy PLTR Bullish before earnings on 4/11

  3. $AAPL - Price crossing the lower Bollinger Band suggests a potential bounce

💹Feel Free to Talk more about the Stocks To Watch for This Week:

💰 Stocks to watch today?(4 Nov)


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Movers and Shakers: Who's Rising, Who's Diving?
During the busy earnings season, it's easy to be drawn to some big names. However, some lesser-known small companies can also become impossible to ignore during this period. Last week, there was ROOT, which surged 68% in a day, Reddit jumping 40%, and SMCI plummeting 40%. Which stocks with significant gains or drops have you noticed? Join the discussion!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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