Didn't get a chance to join us live? Watch the webinar replay on YouTube or TigerApp now! My base case for 2024 is that the S&P 500 could gain 10% to reach 5,250. The maximum drawdown is expected to be between 10% and 15%, possibly occurring in Feb-Mar or Sep-Oct based on seasonality. The potential upside catalysts for this year may arise from a weaker dollar, multiple rate cuts, and better-than-expected EPS. Technical analysis suggests that the S&P 500 may begin its correction now, having just reached its Inverted Head & S

Market Outlook - 29 Jan 2024 Technical observations of the S&P500 1D chart: The Stochastic indicator is about to complete a top crossover. The current uptrend should reverse soon. The MACD indicator is showing an uptrend. Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. The last candle is above both the MA 50 line and the MA 200 line. Thus, it could be read as bullish for the long-term and mid-term. Exponential Moving Averages (EMA). The 3 EMA lines are moving in a fanned-out pattern, thus implying an uptrend. Once, all 3 lines converged, a new downtrend would be confirmed. From the 1D technical indicators above, there are a total of 20 (Buy), 0 (Sell) and 0 (Neutral). Investing recommends the “STRONG BUY” recommendation based on the technical indicato

Public Holidays There are no public holidays for Singapore, Hong Kong, the USA and China in the coming week. Economic Calendar (29 Jan 2024) Notable Highlights Fed interest rate decision. This is the most-watched announcement in the coming week. The market is looking forward to rate cuts but the Fed has to weigh between PMI. S&P Global US Manufacturing PMI, ISM Manufacturing PMI, and Chicago PMI help shed light on the demand for goods and services (from the manufacturer’s point of view). China’s PMI data can be seen as a reference for global demand and production. Jobs. JOLTs job openings reveal the number of jobs available in the market. ADP nonfarm employment and Non-farm payrolls change sheds light on non-farm employment. CB Consumer Confidence. This will reveal consumer sentim

It is possible 👍👍👍👍

It's possible to hit 🎯 5000, am gunning for it to happen this 1st to 2nd Quarter. (My wish)[Happy]  will look for the component stocks to support SP500[Cool]  

It is always possible to hit 5000. With an election round the end of the year,  it is honestly possible.  However,  there are also concerns about inflation,  debts and interest rates that are weighing on the people. There is a chance of market correction or entering a bear but some stocks may be able to carry $SPDR S&P 500 ETF Trust(SPY)$  across  the 5000 mark soon.  One key to look out for is the earnings of the Magnificent 7. Some should do well and some should drag down the rest.  Do not forget to hedge. 

🤔🤔🤔🤔🤔

What's a $McDonald's(MCD)$ Happy Meal? 1. burger - new high for 2024 2. drink - dividend quarterly 3. toy - increased dividend from $1.52/share to $1.67/share

sheesh to the ups n downs

$S&P 500(.SPX)$   [Happy]  

The S&P 500, a crucial U.S. stock market indicator, is presently valued at $4868.55 as of January 26, 2024. Examining its history reveals sensitivity to factors impacting the American economy, including interest rates, global economic growth, and technological innovations. Key influences on the S&P 500 encompass Federal Reserve rate hikes, inflation concerns, and liquidity infusion. Predictions for 2024 vary, with positive forecasts from analysts like Tom Lee and Jim Cramer anticipating a potential rally, with year-end targets ranging from 5000 to 5200. Looking to 2025 and beyond, challenges such as geopolitical issues and supply chain disruptions are expected, potentially impacting the S&P 500's performance. Long-term predictions suggest ongoing market growth, though uncertain

Likely bullish till february 

$S&P 500(.SPX)$ The market did eventually move to the 4935 target (close enough) after the IB high/OVN high area was backtested. OVN high/IB high = 1st supportHowever, market looked “tired” & sold off quickly moving back down to the 4914 level, which is being defended.[Serious][Serious][Serious]Market sold off at open to the 4908-4914 area & the Sellers failed to take out this area as mentioned in the plan. Market has bounced back higher moving towards the 4935 target.

The target for $SPDR S&P 500 ETF Trust(SPY)$ is 510/515 we should see one more pullback before the massive rally to 500+ $S&P 500(.SPX)$ Or… maybe we won’t see a pullback at all would be unfortunate for bears[LOL][LOL][LOL][Cool][Cool][Cool]Feels like we're setup for another prolonged consolidation.