7/2:🇺🇸 Stocks End Higher After Powell’s Speech But Expect Volatility Ahead & 🇺🇸Market-Stocks Overview🕵🏻‍♀️🕵🏻‍♂️

7/2(Tue) ➡️ The VIX dropped 3.96% to close at 18.66 but trade was choppy as investors digested comments after Powell’s speech🎤 Stocks shot up sharply at the start of the 🎤 (12.40pm UTC-5⏰) then there was a major sell-off before stocks shot up again. At close, the DJIA, S&P 500 & Nasdaq ended higher by 0.78%, 1.29%, & 1.9% respectively🤗🥳

➡️ 🤔💭 Investors seemed to be indecisive on Powell’s message. At first, they were 🐂-ish, then 🐻-ish. Could the hedge funds be selling to profit-take in preparation of a recession then the clueless retail investors buying the dip again only be caught🎣 in the downtrend weeks later❓

➡️ Goldman Sachs noted that hedge funds exited many long positions in Asian developing markets & Chinese equities last week😱😰Now we know why HSI was correcting😅😅😅

➡️ Fellow 🐯🐯🐯 do continue to only buy companies with strong fundamentals & are still undervalued, so that if a sell-off does happen, we can still be calm💆🏻‍♀️💆🏻‍♂️ & not panic-sell.

🔎Sector-Stock Trend Analysis:

$Amazon.com(AMZN)$

$Tesla Motors(TSLA)$

$NIO Inc.(NIO)$

$Invesco QQQ Trust(QQQ)$

$SPDR S&P 500 ETF Trust(SPY)$

$S&P 500(.SPX)$

$NASDAQ(.IXIC)$

(1) Popular tech stocks all gained 0.4%-4.61% except AMZN losing a minimal 0.07%🤗

(2) Popular chip stocks all 🚀🚀🚀 1.95%-5.14%🥳🥳🥳

(3) Popular 🇨🇳 stocks all gained 0.05%-6.2% except BILI losing a minimal 0.26%🤗

(4) On the EV front, it was a mix between gainers & losers.

Please help to click on the “Like” & “Share/Repost” buttons at the bottom right corner so that more 🐯🐯🐯 can access this information, many thanks🤗🥰

As usual-🤔💭 Consider POV & Actions of investors + 👩🏻‍💻👨🏻‍💻 Research + 🗑FOMO & Greed = Investing Wisely 🤓🤗 + Accumulating Wealth 💵💰

@TigerStars @CaptainTiger @MillionaireTiger @Daily_Discussion

💰 Stocks to watch today?(19 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!

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Comments

GoodLife99
2023-02-08
GoodLife99
hope retail investors can win the game!!!!!!!!!!
- GoodLife99ReplyLMSunshine:
  [Sad]
- LMSunshine:
  Usually cannot😅 Today redz liaoz. I find that we need to learn to be 1 step ahead in order to beat analysts and hedge funds. When they announce new target price or overweight, too late to enter liaoz. It’s like they keep saying bullish China then once retail investors in they sell off last week😅
AndreaClarissa
2023-02-09
AndreaClarissa
U.S. stock market has been on an upswing in the last few trading days.
GoodLife99
2023-02-08
GoodLife99
Hope retail investors can win the game!
MaudNelly
2023-02-09
MaudNelly
Certain sectors have seen better than expected performance due to investor optimism.
Hi001
2023-02-10
Hi001
Ok
Zzzzs
2023-02-10
Zzzzs
Good