Take Profit as S&P Hits 5800 or Hold Till 6000?

As the stock market hits record highs more than 40 times this year, there are concerns that history might repeat itself and another financial crisis could occur. ---------------- Will S&P 500 hit 6000 by year-end as institutions predict? Would you take profit and stay cautious ahead or hold till the year-end?

S&P 500 Peaks 47 Times, Gold Hits New High

On Friday, U.S. stocks surged to new highs as investors looked to the upcoming earnings reports to justify their bets on a soft economic landing.For the sixth consecutive week, U.S. stocks climbed, with the $.DJI(.DJI)$ and the $.SPX(.SPX)$ hitting new records. The Dow rose 0.96% this week, the S&P 500 gained 0.85%, and the $.IXIC(.IXIC)$ was up 0.8%.This marks the 47th record high for the S&P 500 this year. Despite lowered expectations for third-quarter earnings, investors are betting on yet another earnings season surprise. Analysts predict the weakest earnings growth in four quarters at 4.3% year-on-year, but forward guidance suggests a much stronger
S&P 500 Peaks 47 Times, Gold Hits New High

Banks Q3 Earnings: How Did Rate Cut Make The Difference?

This week, all of the large U.S. consolidated banks have finished reporting Q3 earnings, and their performance continues to show differentiation and may be significantly divergent within the same business. $SPDR S&P Bank ETF(KBE)$ $Financial Select Sector SPDR Fund(XLF)$ $SPDR S&P 500 ETF Trust(SPY)$ $.DJI(.DJI)$ Key featuresNet interest business was mixed in a lower interest rate environment;The investment banking business continued to recover and the wealth management division continued its record business;Diversification factors became a major advantage for large banks;More funds set aside for potential credit lo
Banks Q3 Earnings: How Did Rate Cut Make The Difference?
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10-16

PFE & ABBV: Potential to Outperform SPX Over the Next Decade

As the $.SPX(.SPX)$ approaches its all-time high, some undervalued components like $Pfizer(PFE)$ $AbbVie(ABBV)$ are flying under the radar. Both of these healthcare stocks boast dividend yields over 3% and are poised for further increases, making them likely candidates to outperform the S&P 500 in the next decade.1. $Pfizer(PFE)$Last December, Pfizer raised its dividend for the 15th consecutive year, with a current yield of 5.8%. Even without additional hikes, this stock can provide substantial passive income. With many new patented drugs in the pipeline, investors can reasonably expect steady quarterly dividend increa
PFE & ABBV: Potential to Outperform SPX Over the Next Decade

How to use valuation signals to navigate market cycles?

I’m on the road again with intermittent internet access, so here’s something a bit different from the usual Weekly ChartStorm. This week I summarize and share some key concepts around how to use valuation signals to navigate market cycles — something that should be useful for both beginners and seasoned professionals to reflect on …especially as we move further through the current market cycle. $.SPX(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $.IXIC(.IXIC)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2412(NQmain)$ $Invesco QQQ(QQQ)$
How to use valuation signals to navigate market cycles?

US Market Insights (21- 25 Oct): Potential Trump Sweep Drives Stocks Higher

The $.SPX(.SPX)$ and $.IXIC(.IXIC)$ returned 0.87% and 0.26%, respectively, last week.Major market movers included $Meta Platforms, Inc.(META)$ (-2.28%), $UnitedHealth(UNH)$ (-4.76%), $Advanced Micro Devices(AMD)$ (-7.1%), $Applied Materials(AMAT)$ (-9.1%), $Lam Research(LRCX)$ (-12.12%), $Apple(AAPL)$ (+3.2%), $NVIDIA Corp(NVDA)$ (+2.37%), $Visa(V)$ (+4.6%),
US Market Insights (21- 25 Oct): Potential Trump Sweep Drives Stocks Higher

US Market Insights (14-18 Oct): 3Q2024 Earnings Season Begins

The $.SPX(.SPX)$ and $.IXIC(.IXIC)$ returned 1.13% and 1.19%, respectively, last week.Major market movers include $NVIDIA Corp(NVDA)$ (+7.91%), $Eli Lilly(LLY)$ (+5.06%), $JPMorgan Chase(JPM)$ (+5.24%), $Uber(UBER)$ (+16.24%), $Wells Fargo(WFC)$ (+7.08%), $Tesla Motors(TSLA)$ (-12.91%), $Alphabet(GOOG)$ (-2.29%), $Meta Platforms, Inc.(META)$ (-1.01%),
US Market Insights (14-18 Oct): 3Q2024 Earnings Season Begins

SPX - The bullish trend is expected to persist

$.SPX(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ The S&P 500 closed at 5,841.5 with a slight decline of -0.02%. The current market trend remains Bullish, and the recommended long-term strategy is Buy and Hold. The bullish zone offers high return potential with lower risk. The index has been in this zone for 25 days, generating a cumulative return of 4.4%.Long-term strategy: Continue holding positions as there is no significant change expected in the trend. If the market enters a bearish zone, it would signal a selling opportunity.Short-term strategy: The S&P 500 is currently experiencing a correction trend, marked by slight fluctuations and downward movements. The recommended approach is to buy durin
SPX - The bullish trend is expected to persist

The S&P 500 is transitioning into a correction trend

$.SPX(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ Long-Term Strategy:The market remains in a Bullish zone, with a 'Buy and Hold' strategy continuing to be effective for 21 days, resulting in a cumulative return of 3.9%. As no significant changes are anticipated in the trend, holding the current long-term investment position is recommended.Short-Term Strategy:The S&P 500 is transitioning into a correction trend as buying intensity weakens slightly, with an ascending rectangle pattern expected over the next 10 days. The short-term strategy remains 'Buy and Hold,' with upward movement dominating at a ratio of 4:6 (downwar
The S&P 500 is transitioning into a correction trend

Amazon Could Benefit from Rate Cuts

The Fed is expected to continue its rate cut cycle until 2026, which will bring multiple benefits to consumers and businesses. $Amazon.com(AMZN)$ could be a significant beneficiary of this trend, potentially continuing its long-term upward trajectory.A Look Back at Q2 EarningsWhen Amazon reported its second-quarter earnings in early August, the results were a mixed bag. While revenue grew slightly over 10% year-over-year, it missed the mark by nearly $800 million. The guidance for the current quarter was also somewhat tepid.However, the company's net income nearly doubled to about $13.5 billion, driven partly by a surge in cash flow. As of June 30, Amazon's net cash position exceeded $26 billion. With over $89 billion in cash and securities, and
Amazon Could Benefit from Rate Cuts
Take Profit Now as the Broad Market Index Hits New Highs? Investors around the world are watching closely as major stock market indices, such as the S&P 500 and NASDAQ, hit new all-time highs. For those who have seen their portfolios grow steadily during the recent bull run, the big question is: Should you take profits now? The idea of taking profit involves selling some or all of your investments when they have appreciated in value, locking in gains before the market turns downward. While it may seem tempting, especially as the market reaches new highs, the decision to sell requires careful consideration of several factors. 1. Understanding Market Cycles Stock markets tend to move in cycles: periods of expansion followed by contraction. When a broad index hits new highs, it could be a

🚀Hooray, 💰SGD 20,000 Cash Boost Account for Every SG Tigers

[Miser][Heart]Hello, Tigers,The Federal Reserve's interest rate cut cycle has started since september.During the interest rate decline cycle, the stock market $S&P 500(.SPX)$ $Straits Times Index(STI.SI)$ can mostly maintain an upward trend in the medium to long term.Feel free to share your long-term investment opportunities in the comments.Read more>>💰5 Charts to Know the Historical Fed Rate Cuts Impact & Strategic InsightsFed Cuts 50bps,🎉STI Towards 17Yrs High, Open Cash Boost Account Now!🥳
🚀Hooray, 💰SGD 20,000 Cash Boost Account for Every SG Tigers
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10-06
$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $Cboe Volatility Index(VIX)$  $SPX Fibonacci levels 🎯 $5718.30  ~ needs to hold $5721, $5725 above  $5716-5708 below 🌩️🌡️ Fear Gauge Frenzy Meets Bullish Optimism! VIX & S&P 500 on Diverging Paths 🌡️🌩️ Kia ora Tiger traders! 🐅💥 The VIX has been shaking things up, spiking over 20 last week, and now hovering at 19.21 📉, down 6.25% from its previous close of 20.49. Fear is still hanging in the air, but here comes the kicker: Goldman Sachs just raised their S&P 500 12-month price target to 6,300 🚀. That’s a whopping 9.5% above current levels! Talk about mixed signals—when your VIX is

Dip-Buying Pays Off: US Tech Stocks Peak Again

For U.S. stock market investors, especially those focused on tech stocks, every pullback has proven to be a buying opportunity. Once again, this idea holds true as the Nasdaq Composite is approaching its all-time high. This would mark its first new peak since July 10, signaling that tech stocks have shaken off the summer slump and are back in full force.Tech's RollercoasterEarlier, tech stocks went through a rough patch, sliding from being the leading sector to one of the worst performers. In Q3, the IT sector was the second-worst performer in the $.SPX(.SPX)$. 2024 has seen a shift in market dynamics. The first half of the year was dominated by tech stocks and a handful of big names. But over the past three months, the market has seen a dramatic
Dip-Buying Pays Off: US Tech Stocks Peak Again

Fed Rate Cut: How Wall Street Interprets the Development

The US Federal Reserve (US Fed) has cut the target range for the federal funds rate by 50 basis points (bps), from 5.25 - 5.5% earlier to 4.75 - 5.00% on Wednesday, the first time since 2020. The cut comes amid concerns regarding the job market in the US, and ahead of the US presidential elections in November 2024.Policymakers, according to reports, expect the Fed's benchmark to fall another half of a percentage point by 2024-end, and another one per cent in 2025.After this move, analysts expect the US central bank to now go slow on its rate cutting trajectory, remain data dependent, and also watch the outcome of the US presidential polls on November 5.U.S. futures jumped on Thursday. Dow Futures rose nearly 1%, Nasdaq 100 futures rose nearly 2%, S&P 500 futures rose more than 1%.The l
Fed Rate Cut: How Wall Street Interprets the Development

Amazon: Where One Door Closes, Another Opens

Last week, $Amazon.com(AMZN)$ 's stock rose about 1%, even after $Wells Fargo(WFC)$ downgraded it from "Overweight" to "Equal Weight" on October 7. Despite this, Amazon underperformed compared to the $Invesco QQQ(QQQ)$ , which saw a 2.3% increase. Wells Fargo's concerns stem from Amazon's investments squeezing profit margins and a weakening positive impact from its advertising revenue. However, they remain optimistic about the company's long-term prospects.Profit Margin and Investment TrendsWells Fargo has lowered its price target for Amazon from $225 to $183. Interestingly, this target aligns closely with the stock’s current price, suggesting that they do not fore
Amazon: Where One Door Closes, Another Opens

Tiger Wealth Research: September FOMC Rate Cut Special Report

I. Performance of Global Equity Indices (in US dollars) Data source: Bloomberg, 2024/09/15-2024/09/19, compiled by Tiger Brokers II. Our View This week, the Federal Reserve's FOMC decided to cut interest rates by 50bps, officially opening the door to rate cuts. Contrary to the previous expectations of mainstream institutions, the Fed did not adopt the "25bps cut + dovish statement" approach, but instead used a "50bps cut + hawkish statement" to continue balancing expectations. The market had already anticipated the start of the rate cut cycle with a 50bps reduction. Given that the current Federal Reserve's benchmark interest rate is significantly higher than the neutral rate (around 2.5%-3%), the initial 50bps cut demonstrates the Fed's determination to prevent an economic recession, mitig
Tiger Wealth Research: September FOMC Rate Cut Special Report

S&P 500 Analysis: Capitalizing on Current Bullish Momentum

$.SPX(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ As of October 18, the S&P 500 closed at 5,864.7, reflecting a 0.40% increase. This indicates a positive market trend, suggesting favorable conditions for investors.Long-term Investment StrategyThe current trend for the S&P 500 is classified as Bullish, which means that the market is experiencing strong buying pressure. For investors, this is an excellent opportunity to adopt a Buy and Hold strategy.In a Bullish trend zone, the market typically displays two patterns:Uptrend: This is characterized by a strong upward movement in prices, although there may be occasional dips.Correction Trend: Here, the market may experience some temporary downward movement
S&P 500 Analysis: Capitalizing on Current Bullish Momentum

$SPX hit a short-term top today at 5878!

$.SPX(.SPX)$ hit a short-term top today at 5878! Now, we’re at a pivotal moment: either we’ve just completed a 3rd & pulling back for a 4th, or we're about to experience a sharp B-Wave decline.As long as we stay above 5775, the 4th wave scenario is still in play. But if we lose that level, watch out—5700-5650 is the next target on the downside.Personally, I’m leaning towards the B-Wave decline taking shape. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2412(NQmain)$
$SPX hit a short-term top today at 5878!

Fed Cuts 50bps,🎉STI Towards 17Yrs High, Open Cash Boost Account Now!🥳

Hi Tigers[Heart][Heart][Heart]The Federal Reserve's 50bps interest rate cut has landed! The $Straits Times Index(STI.SI)$ is heading towards a 17-year high!Check out the top SREITs and chip stocks yields to capitalize on the wave of high dividends.And it's the right time to take advantage of the CBA account![Allin][Allin][Allin][USD][USD][USD]On September 18, 2024, the Federal Reserve announced a 50 bps cut in the target range for the federal funds rate, bringing it down to between 4.75% and 5.00%.However, the Monetary Authority of Singapore has not yet followed the United States' lead in cutting interest rates, instead choosing to maintain its current monetary policy unchang
Fed Cuts 50bps,🎉STI Towards 17Yrs High, Open Cash Boost Account Now!🥳

3 Aspects Tell You Will US Equities Continue Their Rally After the Record Highs?

Last week, U.S. stocks hit historic highs, reflecting widespread optimism among investors. Now, the market’s attention has shifted to earnings reports and the upcoming Fed meeting in November, where there’s an 84% chance of a 25-basis-point rate cut.Looking back at last week, all major indices— $.IXIC(.IXIC)$ $.SPX(.SPX)$ $.DJI(.DJI)$—rose more than 1%, with the Dow and S&P 500 both hitting record highs on OCT11.Can the Rally Last Until Year-End?With the prospect of rate cuts, strong macroeconomic data, and solid corporate earnings expectations, U.S. stocks are on solid footing to potentially continue their upward trend. Let’s dive into three key indicators
3 Aspects Tell You Will US Equities Continue Their Rally After the Record Highs?