Profit needs to be taken to be realized. 

$Alibaba(BABA)$ announced its Q2 financial report for the fiscal year ending in September. The market had high expectations for this report, as the stock had risen nearly 4% the previous day. However, after the report was released, the stock plummeted more than 8%.This does not necessarily mean that the current performance was poor. Investors may be more concerned about the suspension and postponement of the spin-off listings of certain business groups within Alibaba, as well as the "growth potential" ( $Pinduoduo Inc.(PDD)$ , Shein) after the start of dividend distribution. In addition, Jack Ma's reduction in holdings may have hit investors' sensitivity to the risk appetite for "Chinese assets".Investment

Kuaishou-W (01024) announced its Q3 2023 financial report. The recent regulatory expectations for live-streaming e-commerce caused the company's stock price to experience a pullback. However, due to optimistic expectations for Q3 performance and excellent performance on Singles' Day, the stock price rebounded again. $KUAISHOU-W(01024)$ $KUAISHOU-WR(81024)$ The revenue performance in Q3 was almost in line with market expectations, but the profit performance exceeded expectations. In addition to the company's further reduction in bandwidth costs (a major expense for short video companies), which led to an increase in gross profit margin, the continued decline in the three major expense ratios also contrib

The share price of $NVIDIA Corp(NVDA)$ broke through a new all-time high on Monday and fell slightly ahead of Tuesday's earnings release. Following the after-hours earnings release, $NVIDIA Corp(NVDA)$ rose 0.92% in pre-market trading on Wednesday.What will happen to the price of $NVIDIA Corp(NVDA)$ after the results, will it continue to reach new highs or will it start to fall?First, let’s look at the earnings results:The overall quarterly revenue was $18.12 billion, significantly exceeding the analyst and management expectations of $16.1 billion; Adjusted net profit of $10bn, sharply beating analysts' expectations of $8.43bn.At the same time, Nvidia’s guidance

$2.4 trillion options set to expire on Friday, a lot of it on 4500 $S&P 500(.SPX)$.ImageU.S. stocks rebounded after this week's U.S. Consumer Price Index (CPI) data, with traders buying call options tied to popular U.S. equity exchange-traded funds (ETFs). Options market strategists said that could help push stocks higher in the coming days.However, options related to $2.4 trillion in stocks, ETFs and stock indexes are set to expire on Friday, according to data compiled by Rocky Fishman, founder of U.S. options market analysis provider Asym50.Charts from a Goldman Sachs Group analyst team show bullish buying tied to popular index ETFs exploding this week. However, with about one-third of the call options tied to

The $S&P 500(.SPX)$ has recovered further from the October low and is now approaching the previous highs of July. There is even hope of breaking through the historical high from 2022?However, the RSI index indicates that the $S&P 500(.SPX)$ has now reached overbought levels. The index stands at 87.2 on November 20, 2023.Notes:The Relative Strength Index (RSI) is a momentum indicator that measures the speed and magnitude of price changes.RSI is generally considered overbought when above 70 and oversold when below 30.As far as market analysis and trading signals are concerned, when the RSI breaks above the 30 reference level, it is considered a bullish indicator. On the contrary, when the RSI falls

Thanks again to Tiger for awarding the weekly top predictions for SPY & QQQ. We’ve witnessed an incredible 7 green days out of 8 trading days since November. The best thing is that Monday greens, not blues is back again 😂 TGIF chasing away Monday blues? 🥳 The S&P 500 on Friday advanced 1.31% for the week to close at 4,415.24 points, posting gains in four out of five sessions. Its accompanying ETF: SPY added 1.36% and Nasdaq Composite jumps 2.4% for the week. The central bank chief's hawkish remarks at a conference hosted by the International Monetary Fund on Thursday weighed on sentiment enough to see the S&P 500 (SP500) snap an eight-day win streak, its longest such run since November 2021. However, markets bounced back strongly on Friday as traders largely appeared to

$TENCENT(00700)$ announcing its Q3 2023 financial report. After the announcement, $Prosus NV(PROSF)$ , major shareholder of Tencent (hold by $Naspers Ltd.(NPSNY)$ , soared over 4% on the Euronext Amsterdam.A positive and proactive Q3 report. Revenue continued to increase, with strong performance in advertising and financial technology in Q2 leading to higher expectations for Q3. The gaming business remained stable, while international operations continued to grow at a double-digit rate. The advertising business grew as expected, demonstrating the continued effectiveness of the WeChat ecosystem for advertising. The financial technology and enterprise services e

Thanks Tiger for awarding the weekly top predictions for QQQ and SPY! The S&P 500 rallied on Friday without participation from Apple since the poor earnings sentiment on Thursday. Get ready for more action next week! 🍏 Stocks closed sharply higher Friday to extend a monster rally that saw the big three indexes sweep to their biggest weekly gains of the year, as investors grew more hopeful that the Federal Reserve's interest rate hikes might have ended. The rebound this week came as the S&P 500 closed out a dismal period of three months straight with losses. The rally this week was sparked by the Fed’s decision to hold rates steady for a second straight time, along with the Department of Treasury’s borrowing plans that were less burdensome than feared. Bond yields, which have we

$XIAOMI-W(01810)$ announcing its Q3 2023 financial report. Due to the recent hot sales of Xiaomi 14, the company's stock price surged from the bottom, even providing some guidance for the Hong Kong technology sector. Therefore, this financial report has become a focus of market attention. $Xiaomi Corp.(XIACY)$ Investment highlightsOverall, Q3 revenue and profits both exceeded market expectations, further verifying the success of the company's "dual-brand strategy" and its momentum of "rising from the ashes."Revenue growth is not surprising. This quarter's revenue reached 70.89 billion yuan, a year-on-year increase of 0.6%, and the first time since Q4 2021 to recover positive growth. Smartphones, IoT, an

Big-Tech’s PerformanceStock market "continuous rise" mode after FOMC Nov. meeting has made Powell a bit nervous, then his hammer came. At the same time, the US treasury auction once again nerves the market.Big tech companies, especially, are leading the surge, risk-on mode is returning.As of the close on November 9th, the return of big-techs in the last five trading days $NVIDIA Corp(NVDA)$ (+7.92%), followed by $Microsoft(MSFT)$ (+3.55%), $Meta Platforms, Inc.(META)$ (+3.11%), $Apple(AAPL)$ (+2.73%), $Alphabet(GOOG)$ (+2.16%), and $Amazon.

The bull train has left the station. Institutions are buying stocks again. That means, preparing for more upside. Here’s the best sector set to explode in 2024, states Lucas Downey, Co-Founder of Mapsignals.com.Look, oversold conditions rarely last forever. Eventually, they ignite a ferocious rally. The +6.07% lift in the S&P 500 since October 27th is a case in point. The bigger the dip, the bigger the rip. While pundits squabble over the market’s next-day move, they’re missing the big picture. Money is pouring back into equities. As I’ll show you, we’re well into a risk-on tape. Most stocks are lifting. History points to one elite area of the market primed for the most upside.Goodbye Oversold ConditionsThere’s a power law in the stock market: supply and demand. When demand o

$Apple(AAPL)$ may be one of the most important reports determining the market sentiment this quarter. As one of the largest components of the index, despite a continuous year-on-year decline in revenue for four quarters, the company's profits still exceeded expectations, demonstrating resilience in the consumer goods counter-cyclical economic environment for a mature company.AAPL Post HourThere was some market volatility after the financial report, but it wasn't particularly severe. Because expectations were not high, profit-taking occurred early. The guidance for the next quarter was not particularly optimistic, and long-term investors, including $Berkshire Hathaway(BRK.B)$ may reconsider their position

$Wal-Mart(WMT)$ fell sharply after releasing its Q3 earnings report on Thursday, despite beating expectations. Executives warned that consumer spending trends will slow during the upcoming key holiday shopping season, which is a very negative signal to investors. In addition, $Macy's(M)$ saw a significant increase in its stock price after its earnings report on the same day, not only beating Q3 expectations but also improving operating efficiency, mainly due to permanent price cuts within the brand and improved freight expenses. Macy's provided favorable Q4 guidance and emphasized continued inventory management. Interestingly, $Target(TGT)$ also released its earnings

$Sea Ltd(SE)$ released its Q3 financial report for 2023. The three main business segments - gaming, e-commerce, and finance - showed mixed results. While the gaming sector remained profitable, the e-commerce division experienced a significant decline in profits, and the finance segment performed well but relied heavily on e-commerce.Although the market had already anticipated that Shopee would return to losses and erase this year's profits by focusing on volume over price, it was surprising to see that the losses were even greater than expected. This has raised doubts among investors regarding the growth achieved through this strategy.As a result, Sea opened at a -12% decline in the US stock market and continued to drop throughout the day, ultimatel

The US economic cycle is not a straightforward transition from slowdown to rapid acceleration, but rather a delay in the cycle, a mismatch of different stages, and temporary deviations due to unexpected events. Currently, the market's expectation for a "soft landing" of the US economy depends on whether there will be a further expansion of credit. United States GDP Growth RateThis depends on whether the current tightening measures are sufficient to erode new demand and interest payments on existing debt, and whether any unexpected events can change the direction of this tightening.The difficulty in continuing to implement policy support due to the upcoming election year makes it challenging to implement fiscal policies. The slow contraction of the US credit cycle is due to the fact that th