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 & original of the post
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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: 7 Nov]
1.Here are the 6 Tigers whose post has the best quality & interaction yesterday:@koolgal @Bunifa Latif @Jo Tan @ToughCoyote @pekss @SirBahamut
- I am Bearish on SPY in the short term
- I will cash out on bank stocks while I can fornow.
- Are we there yet again?
2.Here are the stocks mentioned by the above Tigers:$SPY(SPY)$ $OVERSEA-CHINESE BANKING CORP(O39.SI)$ $UNITED OVERSEAS BANK LIMITED(U11.SI)$ $Apple(AAPL)$ $Twitter(TWTR)$ ๏ผNot investment advice)
And let's congratulate these Tigers for winning 10-50 Coins:
Below are Today's Key Takeaways.
Daily Focus Tuesday
Top News Move the Market
โโTiger Community TOP10 Tickers
โโญFor The Daily Most Active Stocks in S&P 500 & The Top 10 Popular Stcocks on WallStreetBets please turn to@TigerObserverโ
Monday Afternoon Market Recap
- U.S. stocks rose Monday ahead of a crowded week of corporate earnings, inflation data and midterm elections that could see a shift to Republican control of one or both chambers of Congress.The Dow Jones Industrial Average gained 423.78 points, or 1.3%, to 32827. The S&P 500 advanced 36.25 points, or 1%, to 3806.80, while the technology-heavy Nasdaq Composite rose 89.27 points, or 0.9%, to 10564.52.
- Stocks finished last week with losses, with the S&P posting a weekly decline of more than 3% for the 10th time this year. The slide came after the Federal Reserve disappointed investors by signaling that officials might raise borrowing costs next year more than they had projected. Fridayโs jobs data, which showed that the labor market remains strong, further squelched some investorsโ hopes that the Fed might slow its pace of interest-rate increases.
- This week, traders are focused on Tuesdayโs midterm elections and Thursdayโs inflation data for October. The closely watched report is expected to show consumer prices increasing at an annual rate of 7.9%, down from 8.2% the month before. Corporate earnings are also due from such companies as Walt Disney, Occidental Petroleum and Adidas.
- In bond markets, the yield on the benchmark 10-year Treasury note rose to 4.212%, from 4.157% Friday. Yields and bond prices move inversely.
Today's Headlines
- Among individual stocks, Meta Platforms shares jumped $5.93, or 6.5%, to $96.72 after The Wall Street Journal reported that the Facebook parent was planning to begin large-scale layoffs this week.
- Palantir Technologies shares fell 91 cents, or 11%, to $7.02 after the data-mining company reported earnings that fell short of expectations and forecast slower sales growth in the current quarter.
- Lyft stock sank 13% after the ridesharing company reported mixed earnings results. Lyft reported adjusted earnings per share of 10 cents, more than analystsโ expectations of 7 cents, but revenue fell short of the Streetโs forecast, coming in at $1.05 billion versus $1.06 billion expected, per Refinitiv.
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For more articles that you may be interested in, click here to view:
โWeekly: Tech Stocks Tumbled, Focus on Mid-term Election & CPI Data This Week
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