🚀[REWARDS]6 Things to Know Before Your Trades(29th Jul)

Daily_Discussion
2022-07-29

Hi, Tigers!

Welcome to Daily Discussion! This is the place for you to share your trading ideas and win coins!

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[Rewards]

  1. You will be given 100 Tiger Coins according to the quality & interaction of the post

(NOTE: Comments posted under this article WILL NOT be counted)

      2.You will be given 10 Tiger coins if you tag more than 3 friends in the comment area

Meanwhile, we will be listing the stocks mentioned by those selected Tigers for your reference every day (not investment advice though)

Is there anything you would like to share about your trades today?

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[Winners Announcement: 28th Jul]

1.Here are the 16 Tigers whose post has the best quality & interaction yesterday:@Aqaza @Kerrisdale @BenjiFuji @koolgal @JC888 @MultiBaggers @Jo Tan@highhand @Omega88 @Big Cat@LMSunshine @pekss @SR050321 @iceflower @Ultrahisham @SG 88

2.Here are the stocks mentioned by the above Tigers:$S&P 500(.SPX)$ $BetaShares Australian Fincls Sect ETF(QFN.AU)$ $Salesforce.com(CRM)$ $Datadog(DDOG)$ $Innoviz Technologies Ltd.(INVZ)$ $Grab Holdings(GRAB)$ (Not investment advice)

And let's congratulate these Tigers for winning 10-50 Coins:

​Below are Today's Key Takeaways.

Top News Move the Market

Thursday Afternoon Market Recap

  • The Dow Jones Industrial Average jumped 332.04 points, or 1%, to 32,529.63. The blue-chip index added more than 400 points in the previous session. The S&P 500 rose 1.2% to 4,072.43, and the Nasdaq Composite added nearly 1.1% to 12,162.59. All of the major averages are on pace for a winning week as well as their best month of 2022.
  • After a brief dip following the GDP report, investors shook off fears that the Federal Reserve’s attempts to tame surging prices would push the economy into a recession. U.S. economic growth fell 0.9% in the second quarter, the Bureau of Economic Analysis reported Thursday. The Dow Jones estimate was for a gain of 0.3%. First-quarter GDP declined by 1.6%.
  • Amazon — Shares of Amazon surged 12% despite the tech giant reporting a loss of 20 cents per share for the second quarter. The company’s revenue came in higher than expected, however, at $121.23 billion. Analysts surveyed by Refinitiv were expecting $119.09 billion. Sales for Amazon Web Services came in stronger than expected.
  • Apple — Shares of the tech giant added more than 3% after Apple beat estimates on the top and bottom lines for the third quarter. Apple reported $1.20 in earnings per share on $82.96 billion of revenue. Analysts surveyed by Refinitiv had penciled in $1.16 earnings per share on $82.81 billion of revenue. The iPhone segment helped fuel the beat, with sales topping expectations.

Today's Headlines

  • Traders had a deluge of second-quarter company earnings to digest Thursday. Honeywell and Etsy both reported strong results that boosted their shares about 3.7% and 9.9%, respectively. Ford Motor climbed 6.1% after it beat profit and revenue estimates and raised its dividend.Nearly 49% of S&P 500 companies have reported earnings. Of those, 71.14% have beaten estimates, FactSet data shows.
  • In other news, solar stocks soared after Senate Majority Leader Chuck Schumer, D-N.Y., and Sen. Joe Manchin, D-W.V., said they’ve reached a deal on climate spending. Residential solar installers Sunrun and Sunnova jumped nearly 30% and 28%, respectively. SunPower gained about 18.2%. The Invesco Solar ETF added 7.5%.

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Stay safe and good luck with your investing!

💰 Stocks to watch today?(25 Apr)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!
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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