Following Friday's closing, $S&P 500(.SPX)$ was breaking recent neckline resistance, with a solid green candle. The breakout came with a nice significant volume, so I think A&P will continue to trend higher next week. Therefore, personally, I am more towards a Christmas rally rather than a fally. If you are a safe trader, you might wait for at least 3 days for the S&P500 movement. If the price can sustain above 4600 within 3 days, then the bullish continuation shall kick in pretty soon. Hohoho, a real Christmas rally is to be expected this year. How do you think? Similar to $Nasdaq100 Bull 3X ETF(TQQQ)$
@Tiger_chat:Potential Double Top? 3 Key Perspectives For the Remaining Week
EV sector was hot early this year but significantly lost its momentum towards the mid of the year. The pullback was quite serious too, basically erased most of the gain that happen in June or July. But then there are still a few companies with stronger stock price movement. Let's look into their technical aspect today. Tesla Let's start with the king, the leader in the industry! What a great news to see Tesla being able to sustain above the EMA200 trend line. As shown in the figure below, an ascending triangle pattern is in formation and I think a breakout is very possible by end of next week. The worst should be over for Tesla, a$Tesla Motors(TSLA)$ vote for Tesla and EM! In long run, 300 will be my next targ
So far quite a good rally for the month of December 2023! Meme stocks are doing great as well, partially triggered by the good sentiment of the crypto market I believe. Today, let's look into a few meme stocks in the view of technical analysis. FFIE The famous meme EV maker! The stock price has been dropped over 90% this year, huge loss to most investors! If we look purely at the chart, a very bearish sentiment without doubt, keep breaking lower and lower. However, the only thing that catches my attention is last night rebound. This rebound is quite attractive and valid as it comes with a solid green candle and most importantly followed by a huge volume which is easily over 5 times than the past 6 months daily average volume. Some volume kick in and this might be the kick start of the
I would try to share a few semiconductor stocks with AI theme, using technical analysis. For those who follow me, I used to share frequently the simple stechnical analysis of the stocks but due to busy with my personal life, I stopped for a while already. AMD Quite a famous stock these few days, AMD. This is because AMD launches new AI chips that will compete against NVIDIA to power AI applications. Moreover, Microsoft and Meta had committed to use this new chip which is cheaper. For such, we can observe a bullish movement of the stock with a big green candle on Thursday. It's a nice breakout with solid volume. I believe this resistance breakout around 125 USD will send the stock higher next week. $Advanced Micro Devices(AMD)$&nbs
What an initiative between Singapore and China! This new arrangement will definitely boost the tourism industry and the travel between these two countries. Chinese tourists are famous with their spending power, therefore this arrangement will definitely help to stimulate Singapore economy. I think the tourism related stocks like $SINGAPORE AIRLINES LTD(C6L.SI)$ $SATS LTD.(S58.SI)$ $Genting Sing(G13.SI)$ will probably benefit from this positive policy. How do you think?
@Tiger_comments:Which S'pore Stocks Would Benefit From 30D Visa-Free Travel?
Replying to @icycrystal:Thanks for sharing your interesting story!//@icycrystal:wildest trading story [Thinking] [Thinking] [Thinking] let's see... lots of embarrassing ones... the "foolishiest"... when I first started out... no one ever told me the "S" stands for "submitted" or is it... [Thinking] [Thinking] [Thinking] thought it means... "ask to sell" [OMG] [OMG] [OMG] don't even know where to hide my embarrassed face... [Blush] [Blush] [Blush]
Wow what a good news for Jensen Huang to visit Singapore! Cool. Honestly, there isn't much SGD listed companies involve in AI development, but then we do have a few companies supporting the AI companies for their production. One of the companies is $AEM SGD(AWX.SI)$ if you know it. AEM Holdings Ltd provides semiconductor and electronics test solutions for semiconductor and electronics companies serving the advanced computing and AI markets. Successful adoption of more advanced semiconductors would require more rigorous testing to keep pace with rapid industry growth, as well as ensure reliability and scalability. AI in my life in Singapore is my company do have AI facial recognition system for everyday time in and time out attendance system. No
@Tiger_SG:🎁Share Real-life AI Experiments in Your Work or Life in Singapore
Apple, a brand that almost all the investors know well nowadays. Recently, Apple is back to the track of being a 3 Trillion Dollar company again, after being there for a while in the month of August this year. As we know, Apple is less nnovative in its recent products launch but the sales remain strong despite of the earlier fact. The good thing is Apple does realise it. Therefore, Apple is planning to release several new models, including a faster MacBook Air and two updated iPads, early next year to help combat a decline in sales of the devices. The company has faced several quarters of sales decline for Macs and iPads, which together account for nearly 15% of its revenue, as sticky inflation and high borrowing costs force consumers to dial back non-essential purchases. A
@Tiger_chat:🎁Apple a 3 Trillion Dollar Company Again, Will the Flag Continues?
ATH topic, GOLD!!!! Gold is considered to be a good store of value. A store of value is an asset that maintains its value, rather than depreciates. If you look at how the price of gold has changed over the past 20 years, you will see it has increased consistently. Right from the historical ages, gold has always been a precious metal. It is unaffected by the volatilities and fluctuations that plague the global financial markets. This is why it is considered to be a store of value, a much better one than cash. If you keep your money in gold, you can rest assured it will not be affected by exchange rate changes or other downturns. For myself and family, we did purchased some physical gold but more keen towards digital gold nowadays. Digital gold is ideal for investment purposes. Her
@Tiger_chat:🎁See the Power of Gold ATH Headlines: Did You Invested in Gold ETFs or Physical Gold？
The recovery in meme stocks comes as the S&P 500 closes in on its highest level for 2023 on hopes U.S. interest rates have peaked, breathing life into speculative trading that has struggled this year. Specialty retailer GameStop, which offers games and entertainment products via its stores and e-commerce platforms, will release its Q3 financial results after the market closes on December 6. While the company faces headwinds from weak hardware sales, its focus on growing the product catalog, improving the customer experience, and making cost cuts should support its top and bottom lines. Usually the meme stocks tend to rally crazily once the market sentiment turns positive. However, never hold long and remember to take profit once you hits your targeted profit. Let's look into the trend
I believe many of you are familiar with the AI theme this year. Without doubt, Artificial intelligence (AI) stocks have taken the stock market by storm as investors, CEOs, and pundits all seem convinced that AI, in particular generative AI, will be the next major transformative technology. Nvidia has been the biggest winner this year, as the chip maker sells the building blocks to run complex large language models, and its chips have been in high demand from cloud infrastructure operators like Amazon, Microsoft, and others, leading to soaring revenue and profits. While artificial intelligence (AI) applications have been in development for decades, 2023 will likely go down as a breakthrough year for the technology. It's certainly been a breakout year for AI stocks. The excitement surro
NIO? An EV company that disappointed its investors after continuous disappointing earnings result. As we know, Nio is set to report its third quarter results on Tuesday before the open of U.S. markets. Are we going to have some surprise or the bad news continues? What is happening? Earlier in August, Nio posted a slightly larger loss than a year ago, with lower average selling prices impacted results negatively. Along with guidance, investors will focus on Chinese electric vehicle makers cost structure during the quarter. Without doubt, the price war initiated by industry leader Tesla has weighed on other automakers with intense competition, leaving with options like looking into new avenues to cut costs and increase profitability. Positive countermeasures As announced, Nio also reduc
Interesting events and Tigers can share their dreams here with others. For me, below are the top 3 dreams that I want the most : 1. Have a Healthy Body This is the most important criteria. Only you can enjoy your life with a healthy body and this will make you achieve your wealth or a happy life. 2. Win a $5 Million Lottery So that I can achieve my dream to own a house and a car in Singapore, the rest of the money can be used of investment either in children, family or equities. 3. No crime and no hate in this world Yeah, this is just a dream, this will be super hard to achieve but it still remains one of my dreams. We just want a peaceful community where everyone can live happily just like in fairy tales. [love you] [love you] [love you]
Final Sprint for 2023, we are one month away from another new year 2024! I believe all of us have set our own ambitious targets and goals this year. Are you satisfied with your achievements? For me, I achieved my several major goals smoothly this year, thanks to everyone who helps and supports me throughout my 2023 journey: 1. Life In my personal life, I just completed my life event last week. It's really a tiring but worthy and remarkable event in my life. Thanks to my partner, family, relatives and friends who made this event meaningful and smooth. 2. Career I managed to get my promotion in my professional career, which is one of my must done goals this year. Thanks for the team recognition and approval of my contribution for the past. 3. Financial growth Due to a few major ev
@TigerEvents:[Events] Final Sprint: Crossing Off Remaining Objectives!
Personally, I think it is very risky to bet on the Gamestop earnings. The rally might be just some speculation, in the end the direction still depends on the earnings result without any doubt. 🧐 I didn't know there is a Netflix series on the GME short squeeze, curious and will definitely watch it soon. If you are a technical trader, you may try to jump on the wagon of meme mania as it might continue its momentum in short term. However, if you are long-term investors, there's no point for you to buy such meme stocks. How about you? What is your direction and view on the meme mania? Come and discuss together guys @rL
@Tiger_comments:Is meme mania back? Will you bet on meme stocks?
Meme stocks are back?! Retail traders reignite rally in GameStop shares. Retail traders powered a nearly 20% jump in GameStop shares to a two-month high in regular trading on Wednesday, extending a rally ahead of the company's quarterly results next week and underscoring a return in appetite for risk. The recovery in meme stocks comes as the S&P 500 closes in on its highest level for 2023 on hopes U.S. interest rates have peaked, breathing life into speculative trading that has struggled this year. Till today, about 21.6% of GameStop's shares were sold short, according to data and analytics firm Ortex, and bearish investors stand to lose about $200 million on Tuesday and Wednesday combined. Some short sellers may be concerned both by this price move but also that GameStop will release
I looks good with Chinese ADRs for mid term investment. Among the stocks listed above, I prefer PDD the most. In the third quarter of 2023, PDD Holdings experienced a significant increase in total revenue, outpacing consensus estimates by a considerable margin. This growth is attributed to a clear trend of consumption upgrades among users on PDD platform, along with the company commitment to a high-quality development strategy that harmonizes quality with price. Additionally, PDD Holdings has shown a strategic focus on investing in user subsidies and direct price reductions, which has contributed to their robust revenue performance, particularly in transaction services which surged impressively year over year. Therefore it will be a bullish vote to
The whole EV sector is regaining great momentum right now, with all the positive news. The correction has been lasted for quite some time and the current valuation seems to be healthier right now, compared to few months ago. For the case of Tesla, the answer is definitely a YES for it to accelerate and breakout, it is just a matter of time without doubt. The next target price will be around 300 USD. EV sector is the future trend, all the car on road will be EV cars for next decades, the market is very very big and do expect more revenue boost for all the EV makers. Therefore I am bullish for all these EV companies like TSLA, Nio, $Li Auto(LI)$ $XIAOMI-W(01810)$ <
@Trend_Radar:🎁$TSLA is on the MA60, will it rise higher with good data and macros?
Interesting topic. Working three days a week can be highly appealing to people who want a flexible schedule with long periods away from their workplace. What are the pros and cons? Firstly, I think this will Improve your work-life balance. Having frequent days off can provide you with time to relax and decompress from your workday. When you spend more than half the week away from your workplace, you can give yourself a mental break from thinking about work and use more time on your personal priorities. This can create a sense of balance that makes your career feel more manageable. Next, by working three days a week, you may have the opportunity to plan extended breaks from your workplace, which can make it easier to coordinate plans in your personal life without requesting time off from yo
@Tiger_comments:How do you view a 3-day work and trading week?