AI is a broad field that encompasses many different disciplines, including computer science, data analytics and statistics, hardware and software engineering, linguistics, neuroscience, and even philosophy and psychology. AI is the hottest investment theme in 2024 without doubt. Let's dive into a few AI hot stocks in the market today.  PLTR Palantir is certainly an AI stock to watch, with its impressive growth and strategic moves, but it's not all smooth sailing. The company's ability to deliver consistent growth, and meet or exceed investors' lofty expectations, will be crucial in justifying its high valuation. Its late summer earnings report will be a key moment to see if the company can keep up its momentum, especially if any guidance updates are offered.  PLTR daily chart Fo

$Tiger Brokers(TIGR)$  The market caps of just the Magnificent 7 alone is almost as large as China’s entire GDP. China is the world’s second largest economy. The market cap of just Nvidia alone is 50% greater than Germany’s entire stock market index DAX. Germany is the world’s third largest economy. The 15 largest US listed companies combined market caps is larger than the combined GDP of the world’s 4th to 10th largest economies. At some point, these companies will be called countries themselves… they are that big. Who will be next?

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$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$   The $SPY is up 19 of the last 25 trading days. 3 of those red days were essentially flat-ish days. So in 25 days we have had only 3 reasonable red days. Raging roided bull market. Steroids on steroids. Daily RSI at 65, not quite at overbought levels. Candlestick is surprisingly still within Bollinger Bands. Volume was the most anemic since 2006 on the SPY. Which means easy up moves if no catalyst for downside. I wouldn't be surprised markets closed green tomorrow to end the week. Next week however, is going to be very exciting. $NVDA post split could potentially be a catalyst for a bro

$Tiger Brokers(TIGR)$   Given that the anticipated "Sell in May" trend did not materialize, here are some key factors to consider for June: 1. Economic Data Releases: Pay attention to upcoming economic indicators such as employment reports, inflation data, and consumer confidence indices. Positive data can drive market optimism, while negative data can cause volatility. 2. Federal Reserve Policy: Any updates or hints about monetary policy changes from the Federal Reserve, especially regarding interest rates, can significantly impact market sentiment. 3. Corporate Earnings: While the bulk of earnings reports are behind us, any significant updates or guidance revisions from major companies can influence market movements. 4. Geopolitical Events:

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$Tiger Brokers(TIGR)$  The US Economy Now Has: 1. 63 banks on the brink of default according to the FDIC 2. Over $500 BILLION of paper losses held by banks 3. Declining GDP growth with rising inflation 4. Over 50% of Americans believe we are in a recession 5. Lowest mortgage demand in over 30 years 6. A record $17.7 trillion in total household debt How is this a "soft landing?" The disconnect between economic data and consumer sentiment is simply huge. Most of the data suggests things are "fine" while consumers are struggling. This is far from an indication of a healthy economy.

$SPDR S&P 500 ETF Trust(SPY)$   BofA: BAD News Becomes BAD News for Stocks Over the past 2 months, the S&P 500 and USD have shown a negative 78% correlation, suggesting bad economic data has often benefited stocks. However, BofA warns this could change if growth weakens further. BofA: “We believe the goldilocks range for NFP is +125-175K, which would maintain the unemployment rate largely unchanged assuming labor supply growth remains at or above today’s level.” 'Sub-125K gains in NFP could trigger the Sahm Rule, reviving recession fears in the market.' However, BofA believes stronger growth, as long as inflation remains in check, would also be positive for stocks

WHY PLAY DEFENSE? 1. Market is shifting from inflation fears to growth fears. We are seeing deterioration in some leading economic data such as ISM new orders. Economic surprise index is negative - economists may have caught up to expectations. Consumer Discretionary has also lagged Staples. 2. Animal spirits are weakening. We blend a couple factors into a composite signal. That signal went 'risk off'. You can see this in the lackluster performance of tech stocks ex-Nvidia, Meta, and Google. You can also see this in the decline of Crypto Exchange volumes. 3. We have had several parabolas that are now deflating: Software, Restaurants, EVs, Utilities like $CEG, etc. The GLP1 theme continues to work... but it's also a wrecking ball for other categories and names (see Weight Watchers, Plane

$SPDR S&P 500 ETF Trust(SPY)$  $Invesco QQQ(QQQ)$   U.S. Dollar Index $DXY breaking down its support trend line What does this mean? Traditionally, the US Dollar and the stock market moves in opposite directions. This means if the Dollar makes a big move down, we will see a mega melt up in equities. Position early for before the move, and add into your position as the direction is confirmed.

$SPDR S&P 500 ETF Trust(SPY)$   Market Concentration Risk Hits Record High 🚨 The Top 5 companies in the S&P 500 now account for 27% of the $SPX, a record high that even surpasses the peak of the Dot Com Bubble

$Tiger Brokers(TIGR)$  BREAKING: Unrealized losses on investment securities for banks jumped to $517 BILLION in Q1 2024. This is $39 billion higher than the $478 billion recorded in Q4 2023. The surge was driven by higher residential mortgage-backed securities losses held by banks due to rising mortgage rates. Q1 2024 also marked the 10th consecutive quarter of unrealized losses, an even longer streak than during the 2008 Financial Crisis. As “higher for longer” returns, unrealized losses are likely to continue rising. Did the banking crisis ever really end? The FDIC has also identified 63 banks that are on the brink of collapse. 2 months ago, the Fed’s emergency lending program for banks expired. Many regional banks never truly recovered fro

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Hey Tigers!I am Tiger Observer, sharing market information with you! 🔎🔎🔎I will post the 10 most searched stocks on the Tiger Trade app. Don't miss my updates!!!Weekly movers:Last week, $NVIDIA Corp(NVDA)$ Nvidia keeps beating and raising in the past 3 quarters, and the price is now just keeping up.Nvidia on Sunday unveiled its next generation of artificial intelligence chips to succeed the previous model, which was announced just months earlier in March. Nvidia CEO Jensen Huang announced the new AI chip architecture, dubbed “Rubin,” ahead of the COMPUTEX tech conference in Taipei.Tiger’s view

Overview: The anticipated May selloff did not materialize, and the market experienced an unexpected uptrend. As we transition into June, the focus shifts to interpreting economic signals and the Federal Reserve's stance on interest rates. With mixed data and cautious optimism from Fed officials, traders are evaluating the best strategies for the month ahead. Stock Market Performance: May Recap May saw a surprising uptrend, defying expectations of a market selloff. Key economic indicators showed signs of cooling inflation and slower economic growth, which eased fears of accelerated price increases. Despite this, Fed officials remain cautious, seeking more evidence before altering their policy direction. Fed's Stance and Economic Indicators Recent data has confirmed a downward trend in inf

Overview: Following the inauguration of Singapore's new Prime Minister Lawrence Wong in May, there is keen interest in whether his administration will continue former Prime Minister Lee Hsien Loong's efforts to promote integrated casino resorts. Under Lee's leadership, the opening of two integrated casino resorts in 2010 significantly boosted Singapore's tourism industry and made substantial contributions to the economy. With these resorts accounting for 1% to 2% of Singapore's GDP and doubling tourist arrivals to 19.1 million by 2019, the new government's plans to further develop these resorts could enhance Singapore's tourism sector. Genting Singapore (GENS) Expansion Plans: Genting Singapore $Genting Sing(G13.SI)$  </