🔥[REWARDS]6 Things to Know Before Your Trades（18th Aug)

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: 17th Aug]

1.Here are the 12 Tigers whose post has the best quality & interaction yesterday:@LMSunshine @koolgal @Venus_M @Bunifa Latif@Omega88 @SirBahamut @amroui @highhand @Ultrahisham @Big Cat@pekss @SR050321

Biden’s Bill will Encourage “Clean”Vehicles But Lithium Stocks Are Temporarily Down Now.

I am bullish on $SPDR Portfolio S&P 500 Value ETF(SPYV)$

I still believe in BBIG

I remain positive on KDCREIT

2.Here are the stocks mentioned by the above Tigers:$Piedmont Lithium Ltd(PLL)$ $Sociedad Quimica Y Minera De Chile SA(SQM)$ $SPDR Portfolio S&P 500 Value ETF(SPYV)$ $Vinco Ventures, Inc.(BBIG)$ $KEPPEL DC REIT(AJBU.SI)$ (Not investment advice)

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

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​Below are Today's Key Takeaways.

Top News Move the Market

Wednesday Afternoon Market Recap

• The Dow Jones Industrial Average shed 171.69 points, or 0.5%, to close at 33,980.32. The S&P 500 slid 0.72% to close at 4,274.04, while the Nasdaq Composite tumbled 1.25% to 12,938.12.
• Bond yields also rose, with the 10-year Treasury note up about 7 basis points at 2.9% as recessionary fears and uncertainty regarding the Fed’s rate-hiking path persisted. The move dragged down growth stocks like tech.
• Shares of Apple rose Wednesday, bucking a broader decline in tech stocks, with the Nasdaq Composite the worst performing of the major averages. The tech-heavy index is down 1.2%.

Today's Headlines

• Apple is down just 1% this year, outpacing other mega-cap tech stocks such as Amazon and Alphabet, which are down nearly 15% and 17% over the same time period.It’s also up nearly 28% in the current quarter, and roughly 4% off its all-time high.Some investors expect that Apple will continue to fare better than its rivals during a period of rising interest rates and high inflation. Apple expects that iPhone sales will remain strong, even as slowing consumer demand hurts global smartphone sales.
• Cisco — Shares of the networking company advanced more than 3% following Cisco’s fiscal fourth-quarter results. The company earned 83 cents per share excluding estimates, which was one cent above what analysts surveyed by Refinitiv were expecting. Revenue also topped expectations, coming in at $13.1 billion compared with the average estimate of $12.73 billion.
• Wolfspeed — Wolfspeed shares jumped 17% in late trading Wednesday following the company’s fiscal fourth-quarter results. Wolfspeed lost 2 cents per share excluding items, which was less than the 10-cent per share loss analysts surveyed by Refinitive were expecting. The chip company posted revenues of $229 million, ahead of the $208 million estimate.

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