$U.S. Steel(X)$  $X- Needs above 38.22 for me to be interested in long. Like how all moving averages are curling higher, 21 crossing the 50. On flow: 42C 6/21exp $283k .59 Avg

The 1-year loan prime rate (LPR), the benchmark for most corporate and household loans, was maintained at 3.45%. Meanwhile, the 5-year rate, a reference for property mortgages, was retained at 3.95% following a record reduction of 25bps in February. Both rates are at record lows, indicating that Beijing is continuing its attempt to spur an economic recovery following weak activity data in March due to headwinds from the property sector, lingering deflation risks, and fragile trade performance.  The loan prime rate is a reference interest rate used by banks in China to price new loans to their prime customers. It is set by a group of banks under the guidance of the People's Bank of China (PBOC). The loan prime rate is typically adjusted periodically based on market conditions and monet

Microsoft Takes on Google, OpenAI With New AI Model $Microsoft(MSFT)$   is reportedly gearing up to compete with tech giants $Alphabet(GOOGL)$   Google and OpenAI by developing a new in-house AI language model. Microsoft, under the supervision of Mustafa Suleyman, former Google DeepMind co-founder, is training a new AI language model named MAI-1, according to a report from the Information. This initiative seeks to rival the capabilities of Google and OpenAI. The purpose of MAI-1 is yet to be fully determined and is contingent upon its performance. The model's unveiling may occur during Microsoft's upcoming Build developer confe

Vehicle manufacturers have shown weak earnings and results so far. The consumer is price stretched and hampered by high interest rates. Expect LI results to be the same.

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* Wall Street higher on positive sentiment; Chinese stocks rise after five-day holiday 🇺🇸 S&P 500: 1.04% 📈 🇺🇸 Nasdaq: 1.20% 📈 🇪🇺 Stoxx 600: 0.57% 📈 🇯🇵 Nikkei 225: Market closed 🇭🇰 Hang Seng Index: 0.55% 📈 🇨🇳 CSI 300 Index: 1.48% 📈 * U.S. stocks posted their best three-day gain since November, with the S&P 500 and Nasdaq Composite rising 1.0% and 1.2% respectively on optimism about interest rate cut expectations, while investors will benefit from this week's comments from Federal Reserve officials. Look for clues in your expressions. * The final Eurozone Services PMI was revised up to 53.3, beating expectations of 52.9, mainly due to higher demand. * Asia-Pacific markets tracked gains on Wall Street, with the Hang Seng Index rising 0.6% to hit an eight-month high, while the CSI 300

$SPDR S&P 500 ETF Trust(SPY)$   📈 $SPY BEAR GAP FILL HAS STARTED! • Massive win for the bulls with the bull gap opening and bear gap starting to fill. • The fill of the bear gap will act as resistance intra day. • The best bet for the bulls here is gapping above the trendline and using that as support to get back to all time highs. • Levels to look for here 517-518 with a dual resistance breaking which we go to 520. • Bears got to defend the bear gap or have to take the price down fast under 514.3 to fill the bear gap below. However this does not look likely.

On Monday (06 May 2024), we saw the stock market continued its upward trend from last Friday. The S&P 500 rose by 1.0% to close at 5,130, marking its highest level since 11 April. The Nasdaq Composite and Russell 2000 both increased by 1.2%, while the Dow Jones Industrial Average saw a more modest gain of 0.5%. Throughout most of Monday trading session, the market maintained a narrow range but we could see that there is a surge in buying activity 30 minutes just before actual session closed, this surge helped both the S&P 500 and Nasdaq Composite to a new intraday highs. Significant Stock and Sector Performance Monday’s gains were broad-based, with the equal-weighted S&P 500 closing up by 0.8%. Mega cap and semiconductor sectors provided the significant contributions. The Va

Options Market Statistics: Palantir Options Pop as Traders Bet on Its Earnings $Palantir Technologies Inc.(PLTR)$   shares ended 8.06% higher, with option volume of nearly 1.20 million contracts, and calls accounted for 65.2% of the volume. The $25 and 30 calls expiring May 10, 2024 were traded most actively. Palantir shares fell as much as 7% in extended trading on Monday after the defense-technology firm reported weaker-than-expected guidance. Here's how the company did compared to LSEG estimates: Earnings per share: 8 cents adjusted vs. 8 cents expected Revenues: $634 million vs. $625 million expected The firm, which builds big-data and artificial intelligence software for governments and corporations w

Overview Global markets experienced a positive start to the week on Monday, as investors capitalized on optimistic sentiment regarding potential interest rate cuts by the US Federal Reserve. Stocks in the US, Europe, and Asia closed higher, buoyed by last Friday's US jobs report, which pointed to a potential dovish shift in Fed policy. Markets benefited from a confluence of encouraging data, leading to the third consecutive session of gains. US Markets The US market saw another day of gains across major indices. The Dow Jones Industrial Average rose by 176.59 points, closing at 38,852.27 (+0.5%). The S&P 500 followed suit, closing at 5,180.74 after an increase of 52.95 points (+1.0%). Meanwhile, the Nasdaq Composite index advanced 1.2% to close at 16,349. Investors showed optimism tha

$Coinbase Global, Inc.(COIN)$  $DJIA(.DJI)$ $NASDAQ(.IXIC)$   Coinbase Global, Inc. is a financial technology company that provides end-to-end financial infrastructure and technology for the crypto economy. The company offers retail users the primary financial account for the crypto economy, provides a marketplace with liquidity for transacting in crypto assets, and utilises ecosystem partners’ technologies and services that enable it to build crypto-based applications and accept crypto assets as payment. Investment Overview Higher-than-peers retail fee margin could contract over time. Coinbase is the second lar

We had seen the stocks advanced on last Friday, fueled by the Thursday’s earnings release from $Apple(AAPL)$ and the monthly jobs data that was released before the session opened. The S&P 500 index gained 1.26% following a 0.9% advance on Thursday. The market was the highest since April as the index went back above the 5,100 level. Last night (Monday 06 May 2024, S&P 500 index gained another 1.03% following last week strong performance. On Friday, April 19, the index hit a new medium-term low of 4,953.56. This marked its lowest level since late February, with a decline of over 311 points or 5.9% from the record high of 5,264.85 on February 28. Recently, stock prices rebounded as tensions in the Middle East eased, and investors shifted the

Ah, Arm Holdings—like that mysterious dish on a fancy menu that everyone's raving about but you're not sure if it's worth the price. In 2024, Arm ($ARM Holdings Ltd(ARM)$) has been doing the stock market equivalent of strutting its stuff, with prices shooting up like they just discovered rocket fuel. But hold your horses before you jump on the Arm bandwagon—let's take a closer look at this tech star and see if it's all sizzle and no steak. Financial Snapshot: Catch a glimpse of Arm's forecasted earnings and sales Before we dive into the Arm saga, let's peek at the numbers. In its fiscal Q3, this British chip designer dazzled with revenue hitting $824 million, a modest 2.2% uptick from the previous quarter. However, earnings per share took a slight

$Reddit(RDDT)$ will report its Q1 results after Tuesday's close, marking its first turn in the earnings spotlight since the social media platform's late-March initial public offering (IPO). Reddit has become one of the best sources to train generative AI (artificial intelligence) large language models (LLMs), Over the past 18 years, Reddit’s content library contains 1 billion posts and 16 billion comments collected. The platform itself hosts 1.2 million new posts and 7.5 million new comments every single day, This should give RDDT pricing power given there are no high-quality substitutes at a similar scale. Market is expecting Reddit to report a first-quarter per-share loss of $8.71 with $212.8 million in revenue. Reddit (RDDT) Implied Straddle Im

S&P 500, Dow Jones Industrial Average and Nasdaq Composite All Rise Stocks closed higher Monday as investors awaited some key companies' quarterly earnings and fresh reads on the Federal Reserve's interest-rate stance. The  $NASDAQ(.IXIC)$   climbed 192.92 points (1.2%) to a 16,349.25 close, while the $S&P 500(.SPX)$   added 52.95 ticks (0.1%) to 5,180.74. Meanwhile, the $DJIA(.DJI)$   gained 176.26 points (0.5%) to 38,851.94. Among stocks of note: -- $Palantir Technologies Inc.(PLTR

🌟🌟🌟In April there was a lot of talk about how the Magnificent 7 stocks should be rebranded as the Fabulous 4 or even Tremendous 2 because some members of the Magnificent 7 were lagging.  But that talk has quieten down as the laggards became leaders. $Roundhill Magnificent Seven ETF(MAGS)$ is an actively managed ETF that offers equal weighted exposure to the Magnificent 7 stocks.  They are $Alphabet(GOOG)$  $Amazon.com(AMZN)$  Apple, $Meta Platforms, Inc.(META)$  

$Palantir Technologies Inc.(PLTR)$  📈📊🚀Navigating Palantir's Performance: An Analytical Journey 🚀📊📈 Palantir Technologies (PLTR), Inc., a data integration and software solutions developer, operates within two primary segments: Commercial and Government. Offering solutions spanning automotive, financial compliance, legal intelligence, and mergers and acquisitions, Palantir's market presence is diverse and dynamic. Thanks to Elliott waves: Charting Palantir's journey reveals intriguing patterns and potential future trajectories. In January 2021, it concluded a cycle at $45.00, followed by a significant pullback, constituting a zigzag correction, ending at a low of $5.91. Subsequently, an impulse structure commenced with wave ((1)) reaching a hi

$NVIDIA Corp(NVDA)$  🟩🟩🟩 In the world of stocks, where fortunes aspire, The S&P's dance, a market's entire. But amidst the numbers, a sight so bright, Nvidia's green, a stunning sight. In pixels and chips, its prowess untold, Nvidia's rise, a tale to behold. With each uptick, its value so keen, A chart of green, a trader's dream scene. 🟩🟩🟩 @Tiger_Earnings @Daily_Discussion @MillionaireTiger @TigerGPT 

$WB-SW(09898)$   $Weibo(WB)$   <Daily Chart> Falling Wedge breakout Stock price failed to break above the trendline resistance after several attempts between Mar & Apr 2024 Today's breakout with more than 5% increase in share price on HIGH trading volume intraday The stock now turns bullish & shall continue to trend higher RSI breaks the trend resist & MACD divergence shows bullish trend support Resist : $86 | $96 Support : $72.50 @TigerStars  @CaptainTiger  @MillionaireTiger