@MillionaireTiger What do These Rate Hikes Mean for You?Let me ask : When is the last recession recorded in the market history?Remembered the 2008 recession, which lasted from end of 2007 to mid of 2009.Remembered the infamous collapse of brokerage firm Lehman Brothers, involving $619 billion of debts sometime in September 2008. Sounds familiar?FED opted to drop the interest rate, lowering its benchmark interest rate almost to zero in its attempt to fight the recession by pumping large funds to aid businesses.Interestingly, current era of interest rate pattern is like a mirror to the 2008 recession period, whereby FED has commenced to increase interest rate from virtual zero (Disclaimer: This does not imply or co
Talking about the Big Tech of all, $Apple(AAPL)$, this news reported on MarketWatch caught my eyes. Apple now valued at more than Amazon, Alphabet and Meta — combined. In fact, Apple shares have held up far better than those of its Big Tech peers over the past month, and that's helped the company to a staggering feat. Apple is worth more than Alphabet Inc., Amazon.com Inc. and Meta Platforms Inc. combined. See picture dated 3 Nov 2022. From their reportings, Meta performed the worst with a drop of more than 30% level before the earnings report. In comparision, Apple's numbers were met with a positive stock reaction in the beginning, though in downside thereafter. Looking at the charts, Apple price is ranging and does not expos
Powell Speech Friday - Market Up/Down?To sit on the Fed chair is definitely not going to be fun, albeit the big salary the chair will be compensated. We have come to accept the scenarios that central bankers are likely to be ambiguous when it comes to monetary policy, in that it allows flexibility to argue and adapt to future happenings. Powell's predecessor like Alan Greenspan, is well known for his ambiguity in his speeches.In this high inflation scenes, in the past few days, we have heard the likes of other Fed presidents's speeches with a high of 3.75% to 4% by year end. So definitely further rate hikes are likely between now and year end, and if everything goes expected, then a hike of 75bps is very likely to come in September?However, Fed is banking on economic indicators like job ma
Some reading on interest rate hikes and opinion on inflationary pressure. There's a cycle for almost everything under the sun. The significant difference is the cycle interval and frequency. How to grasp the cycle movements and stages is key to understand the dynamics. "Why The Fed Will Pivot To Rate Cuts Sooner Than You Think"http://uk.investing.com/analysis/why-the-fed-will-pivot-to-rate-cuts-sooner-than-you-think-200527003
@OptionsTracker Chinese e-commerce giant, $Alibaba(BABA)$has posted earnings that beat Wall Street's expectations.A profit per share of 22 cents on sales of $30.7 billion in the three months ended in June, beating analysts' prediction of 20 cents on sales of $30.3 billion. Revenue has fallen as compared year-on-year quarter. Perhaps the guidance is not so negative that gave the boost to the share price in pre-market. With the major lockdowns removed from the major city like Shanghai, the recovery signs are there.The delisting of Baba was added into the SEC books. Read that if their audit papers can't be inspected before the spring of 2024, the risk o
@Tiger_Earnings Stock Prediction: Guess where NFLX will move following its earning announcement?NFLX has revolutionised the home entertainment sphere. Since its debut, the competitive edge over the expensive pay-TV and the recent global pandemic that closed many borders and kept people at home, NFLX has seen its best days. Will the trend of phenomenal increase in subscription continue, now that more countries have re-opended borders and ease restrictions, more competition coming from traditional media companies like Warner Brother Discovery ?A quick check:a) UK households cancel streaming subscriptions in record numbers - Financial Timesb) Lower global outlook for new subcribers - Morgan Stanleyc) Slower growth
Snap shares plunge 25% on disappointing second-quarter results and plans to slow hiring - Source: CNBC-https://www.cnbc.com/2022/07/21/snap-earnings-q2-2022.htmlThe figures are not as bad as expected, with a loss of 2 cents vs expected of 1 cent. Achieved $1.11B vs $1.14B expected. Global Daily Active Users increase to 347M vs 344 expected.However the 'striking-strokes' come from no guidance for the third quarter. Quote: “forward-looking visibility remains incredibly challenging.” The company said that revenue so far in the period is “approximately flat” from a year earlier. " - unquoteAdding to the woes, reducing advertisement revenue from stiffer competition from TikTok, FaceBook, Instagram, Google. This is not the first spiral down in stock price. In May, Snap plunged 43% following its
Though this news is not at all breaking; nursing facilities-exposed REITs are again in the spotlight following the announcement of reimbursement ruling issued by the Center for Medicare & Medicaid Services in US. According to the source reporting (thefly.com), the payment rate will increase 2.7% over last year, which some deemed as “the best reimbursement rate in the last 10 years.” This would aid the REITs to defray its operation costs. Though LTC Properties was really no different from any other senior housing player, during the pandemic, it was hit badly with low occupancy rate due to high mortality of the elderly residents and less move-in due to fear of infection in closed community (nursing centers). It bit the bullet and continued to issue monthly dividend payment of US$0.1
Amidst this earnings season, many including the giants like AT&T, NXP Semiconductors posted better than expected earnings and revenues, yet the share price did not trend to what was expected. Sometimes one may wonder why. The situation of the Chinese stocks in US stock markets or ADR, may have different scenarios.Look at $Alibaba(BABA)$. Since its announcement that the Chinese tech board had authorized management to apply for a primary listing in Hong Kong. It has gained more than 3% in pre-market trading today. The move, which would leave the Chinese stock to be dual-primary listed in US and HK could open more doors to the Chinese investors from the mainland. This comes in the midst of that both Beijing and Washington remain a
$Tesla Motors(TSLA)$ after the initial beaten-down of tesla due to Musk's sales of shares, and some bad reports of fire caused by Tesla (no evident proof), the price has started its climb. Believe it is upside in short term, unless it breaks resistant of est. 238 ( fib retracement), it may decline again.
Just want to share how much the US dollar index has peaked.@Tiger_Earnings @TigerObserver @CaptainTiger This is a rare phenomena. I think opportunities in Forex are a plenty. Good luck to all who do Forex !From the source: Tradingeconomics.com'The dollar index steadied near the 105 mark on Thursday after retreating from 20-year highs in the previous session, as the Federal Reserve implemented a large but widely expected interest rate hike. The Fed delivered a 75 basis point rate increase on Wednesday, the largest since 1994, as the central bank seeks to combat
[REWARDS]6 Things to Know Before Your Trades(14th Sep) The stock market had fallen heavily on Tuesday, with over $1.6 Trillion market value being evaporated as reported, more than 4% of the total market value of U.S. stocks (@WallStreet_Tiger)Another news on CPI, coming from UK (aug), it is 9.9% compared with 10% expected. Major economies are reporting high inflationary trends. For retail investor like me, not to go against the will of the trend, BUY $Nasdaq100 Bear 3X ETF(SQQQ)$is better off in this climate. Pls do your own diligence. Good Luck to all.@Daily_Discussion
[8th Anniversary] Share Your Story with Tiger, Win Tiger Coins@TigerEvents First and foremost, let me congratulate Tiger Brokers for the 8th Anniversary. Tiger Brokers has come a long way, entering Singapore market in 2014. The innovative app-based platform of Tiger – different from most brokers' dashboards, enables clients to trade a wide range of securities across major global markets and currencies. The opening of accounts is fast with syn of SingPass (for local residents) and introduction of direct debit authorisation online for DBS Bank user has attracted many to sign up including myself. Honestly, I am also pleased with quick funds withdrawal, unlike some other brokers which could take hours. Then in 2
1Y Anniversary of Rate Hike - When Will Fed Stop and Pivot? @Tiger_chat 1.what's the end of the rate hike cycle? As posted at @Tiger_chat [Eye] the markets somehow figure the Fed will take that rate up to a range between 5.25%-5.5% before stopping, according to futures trading data. In fact, there are more and more sentiments from the internet news, that interest rate is not pivoting anytime soon. The recent reportings on ISM services (economic data on non-manufacturing sectors) of US showed little sign that a big rebound in February was a one-off, the figures of 55.1 was still strong compared with expected 54.5. The mood was of high resilience in US job market which is to report in coming week (IMO please)
🎁13 SG stocks' Dividend Yields Higher than Fixed Deposit Rates @Tiger_chat Thank you for post.[Smile] I have not been active in SG stocks; this is good pc of info on followings. Surely, worthwhile to relook at $GOLDEN AGRI-RESOURCES LTD(E5H.SI)$ ,$JARDINE CYCLE & CARRIAGE LTD(C07.SI)$ , $SINGAPORE TECH ENGINEERING LTD(S63.SI)$ ,$OVERSEA-CHINESE BANKING CORP(O39.SI)$ @Splitter @TinyTiger @cuteypie @Million
Share Your Holdings & Win Tiger Coins@TigerEvents With the prediction of Dec 2022 Fed interest rate hike of 50bps is standing at 77%% vs 23% for 75bps, inflation may be cooling down. Similarly, merchandise prices are about to cool down. But prices of merchandise may not decline in short terms, and may continue to rise in 2023. Higher prices may cause consumers to cut back on discretionary products to cushion blows on wallets, but not on household items and groceries, the necessities. $Wal-Mart(WMT)$ is resilient in this area of discretionary spending pattern. Any dip is a good buy for me. Using covered calls options also works fine. It is defini
Buffett’s Berkshire trims stake in China’s biggest electric-car maker @BYD According to reports from SCMP (South China Morning Post), Berkshire sold 1.33 million shares at an average of HK$277.10 apiece, valuing the sale at HK$369 million (US$47 million) on August 24. Berkshire's shares in BYD is dropped to 19.92 per cent from 20.49 per cent. Though BYD has reported bigger EV sales than Tesla in the first half of this year, apparently this does not bode well with Berkshire's plan. China's policy in controlling the spread of virus has made many manufacturers very uneasy with disruptions in supplies, logistics and production schedules. Adding to the wounds, power cuts are also causing the factories to red
Shares in Snap Inc. plunged more than 25% as I write on this Friday US market, after releasing the Q3 results, one of its slowest-ever quarter for revenue growth. Moreover, adding salt to the wound, It did not provide revenue or earnings guidance for the Q4. In other words, it has no confidence on how it can perform given this stage of slowing growth with recession looming around the corner. With this plunge, it has dropped more than 89% from its peak in Sep 2021. What a drop from its glorious days! It has currently reached the stock price level of 2020 during the covid19-drop. It has also affected Meta, Pinterest share prices. What is next ? *With its previous announcement of restructuring plan that included laying off 20% of its workforce, could there be more layoffs to come? *In a
Talking about $AMD(AMD)$, it is not difficult to relate it with Intel and Nvidia. Just on CPU benchmarks for comparison, including Intel's 12th-Gen Core series and AMD's Ryzen Zen series. AMD performance is not to be taken lightly; the performance of CPU speed is on par with Intel or at certain metrics, better than Intel. Recent Buy call is also initiated by Stifel. (source: Dow Jones Institutional News)If there is a dip and at reasonable price, I have more compelling reasons to look hard and close at it. Accumulation of this good stock is for a long haul.