πŸš€[REWARDS]7 Things to Know Before Your Trades(12 Aug)

Daily_Discussion
2022-08-12

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

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[Winners Announcement: 12 Aug]

1.Here are the 14 Tigers whose post has the best quality & interaction yesterday:@Ultrahisham @highhand @Dogecake @pekss @Venus_M @Soyabean89 @SR050321 @StarLuck @JeslinToh @LMSunshine @bernardtayet @koolgal @mster @ToughCoyote

Congratulations on being offered 100 Tiger Coins!

2.Here are the stocks mentioned by the above Tigers:  (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

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Tiger Community TOP10 Tickers

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​⭐For The Daily Most Active Stocks in S&P 500 & The Top 10 Popular Stcocks on WallStreetBets please turn to@TigerObserver​

Thuesday Afternoon Market Recap

  • The S&P 500 edged lower after an advance that topped 1% earlier in the day and put the gauge near the 50% Fibonacci retracement level for the current bear market. Several analysts attributed the recent surge to short-covering. Tech underperformed following a runup that sent the Nasdaq 100 more than 20% above its June lows. Big names like Tesla Inc. and $Amazon.com(AMZN)$ Inc. sank.
  • $Walt Disney(DIS)$ shares jumped 4.68% after the company posted better-than-expected results for the quarter on the top and bottom lines, helped by strong attendance at its theme parks and better-than-expected streaming numbers. The company also revealed a new pricing structure for its streaming service that includes an ad-supported tier.
  • Pharma stocks –Shares of $Pfizer(PFE)$ ,GSK and Sanofislipped 3.32%, 6.71% and 3.94% respectively as investors watched ongoing litigation around Zantac, a recalled heartburn medication. The drug was pulled from shelves in 2020 after the Food and Drug Administration found an impurity in Sanfoli’s version that could cause cancer.

Today's Headlines

  • Electric vehicle maker $Rivian Automotive, Inc.(RIVN)$ maintained its full-year guidance for deliveries Thursday and reported second-quarter revenue that was higher than Wall Street expected.But it trimmed its full-year financial outlook, saying that investors should now expect a wider loss and lower capital expenditures than it had previously forecast.
  • $Toast, Inc.(TOST)$ β€” Toast soared more than 10% in extended trading after sharing positive guidance for the current quarter and full year. Revenue for the latest quarter came in at $675 million, topping the $651 million expected by analysts surveyed by Refinitiv.
  • $Poshmark, Inc.(POSH)$ β€” Poshmark slid 5.7% post-market after reporting a wider-than-expected loss in its most recent quarter. Poshmark topped revenue estimates but gave a weak revenue outlook for the current quarter.
  • $Illumina(ILMN)$ β€” Illumina slumped nearly 23% post-market after the company missed top- and bottom-line estimates in the most recent quarter and issued disappointing guidance for the full year as it faces a troublesome macro environment.

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πŸ’° Stocks to watch today?(26 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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