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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:8 Nov]
1.Here are the 6 Tigers whose post has the best quality & interaction last week: @Mickey082024 @Shyon @MaverickWealthBuilder @JC888 @koolgal @nerdbull1669
Congratulations on being offered 50 Tiger Coins!
BIP - Brookfield Infrastruture Partners, -EPS but stock continue Bull
Airbnb's post-hour volatility, bookings grow but guidance miss?
2.Here are the stocks mentioned by the above Tigers: $Brookfield Infrastructure Partners LP(BIP)$ $Airbnb, Inc.(ABNB)$ $Lockheed Martin(LMT)$ $Berkshire Hathaway(BRK.B)$ $Heico(HEI)$ (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
Tiger Community TOP10 Ticker
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Global Markets Weekly Update
Most of the major benchmarks rose to record highs, as investors wagered that the Republicansโ capture of the White House and Senate, along with their expected retention of the House of Representativesโa so-called red sweepโwould result in faster earnings growth, looser regulations, and lower corporate taxes. The small-cap Russell 2000 Index led the gains, surging 8.57% for the week, but was the sole benchmark to remain out of record territoryโending the week down 2.41% from its November 2021 record high. Meanwhile, the S&P 500 Indexโs 4.66% gain was its best in almost exactly a year (the week ended November 3, 2023).
In a webinar the day following the election, T. Rowe Price Chief U.S. Economist Blerina Uruรงi outlined her expectations for growth and Federal Reserve policy during another Trump presidency. In general, she acknowledges that Donald Trumpโs plans to restrict immigration and increase tariffs carry inflationary implications, but she stresses that howโand how quicklyโthose measures are implemented are highly uncertain and will determine the final effect on the economy. In terms of growth, she notes that a strengthening U.S. dollar might offset some of the impact of tariffs on inflation, while lower taxes and some of the deregulatory initiatives that a Trump administration is likely to pursue should also support the economy.
The election overshadowed much of the rest of the weekโs economic and policy developments. Following its scheduled policy meeting concluding Thursday, the Federal Reserve announced a 25-basis-point (0.25 percentage points) cut in the federal funds rate, its first easing move since cutting rates by 50 basis points in mid-September. T. Rowe Price traders noted that there had been some speculation as to whether Fed Chair Jerome Powell would mention the future presidentโs fiscal policy and its potential impact on monetary policy, but Powell was resolute in stating that any changes would be evaluated as they were announced and that, โWe don't guess, we don't speculate, and we don't assume.โ When questioned, Powell also stated that he would not resign if asked to do so by the president.
In terms of economic data, the weekโs biggest surprise arguably came in Tuesdayโs release of the Institute for Supply Managementโs gauge of October services sector activity, which came in at 56.0, well above expectations and the best reading since August 2022. (Readings above 50.0 indicate expansion.) Encouragingly, price pressures eased somewhat even as activity picked up, reversing a string of three monthly gains. According to the Instituteโs chief researcher, surveyed companies reported only a minimal impact from recent severe weather, which seemed to have a larger impact on manufacturing firms.
The week ahead: November 11-15
Earnings Calendar
All right, here is all the market information we would like to share with you๏ผ
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