Hi, Tigers!
Welcome to Daily Discussion! This is the place for you to share your trading ideas and win coins!
[Rewards]
- 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?
[Winners Announcement: 29th Jul]
1.Here are the 15 Tigers whose post has the best quality & interaction yesterday:@LMSunshine @BenjiFuji @JC888 @AllQuant @koolgal @Omega88 @Jo Tan @iceflower @pekss @mster @SR050321 @Big Cat @Ultrahisham @Venus_M @gogogofo
What can Possibly Happen if thereβs a Recession
I will be keeping a closed watch of (a) Amazon
2.Here are the stocks mentioned by the above Tigers:$Apple(AAPL)$ $Amazon.com(AMZN)$ $United Microelectronics(UMC)$ $Blackstone Group LP(BX)$ $DBS GROUP HOLDINGS LTD(D05.SI)$ $Alphabet(GOOGL)$ $Grab Holdings(GRAB)$ $DJIA(.DJI)$ $S&P 500(.SPX)$ $S&P 500(.SPX)$ (Not investment advice)
And let's congratulate these Tigers for winning 10-50 Coins:
In the comment area tag more than 3 friends get 10 tiger coinsοΌ
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Below are Today's Key Takeaways.
Top News Move the Market
βTiger Community TOP10 Tickers
βFor The Daily Most Active Stocks in S&P 500 & The Top 10 Popular Stcocks on WallStreetBets please turn to@TigerObserverβ
Global Markets Weekly Update
- Early-week trading was subdued on very low volumes, although a downbeat second-quarter earnings pre-announcement from Wal-Mart weighed on broad sentiment. The retail bellwether said that food inflation was cutting into consumersβ discretionary spending, causing it to lower its earnings guidance.
- With 50% of the companies in the S&P 500 Index expected to report earnings during the week, investors focused on quarterly numbers from technology giants such as Amazon.com, Apple, and Google parent Alphabet. Amazon.com and Alphabet jumped on Wednesday after posting better-than-feared earnings results after the market closed on Tuesday.
- Fed hikes rates again.On Thursday, the Commerce Department reported that gross domestic product (GDP) contracted by an annual rate of 0.9% in the second quarter. Consensus expectations were for an increase of 0.5%. The second-quarter GDP number marked the second consecutive quarter of contraction, which is one common definition for a recession. However, T. Rowe Price U.S. Economist Blerina Uruci is focusing on job growth, which remains strong, as a primary indicator for the turning point in the current business cycle.The market seized on this downbeat news about the economy as a sign that the Fed could slow or stop its rate hikes sooner than expected, extending the stock rally through the end of the week.
- Stocks posted solid gains despite another outsized 75-basis-point rate hike from the Federal Reserve (Fed) and news that the economy contracted at a 0.9% annual rate in the second quarter. (A basis point is 0.01 percentage points.) A βbad news is good newsβ dynamic appeared to have taken hold, with investors seemingly penciling in a lower terminal federal funds rate after the second-quarter economic contraction. Growth stocks outperformed value stocks on weakness in the retail sector.
The week ahead:Aug 1-5
Earnings calendar
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Stay safe and good luck with your investing!
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July Recap: After a Surprised Rebound, Welcome a Positive August?
Comments
The Singapore and Australian markets are off to a fantastic start this morning! It is going to be a wonderful week!
@Daily_Discussion Thanks for your generosity in awarding the bountiful Tiger Coins. Congratulations to all my Dear Tiger Friends who have shared their wonderful trading ideas!
Let's energise and trade with lots of optimism and good cheer!
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