The stock market dropped Tuesday as bond yields inched higher.The Dow Jones Industrial Average dropped 170 points, or 0.6%. The S&P 500 dipped 0.4% and the Nasdaq Composite declined 0.7%.The U.S. indexes entered this week with a three-week losing streak and had all been solidly in the green to start trading this week—before dropping into the red again.@Daily_Discussion

Though Tuesday's closing levels showed relatively modest daily moves, the S&P 500 fell below its previous intraday low for the year during the session. That move was seen by many as confirmation that the summer rally for stocks has failed.The S&P 500 is now 24.3% off of its record high, and the Dow is also in bear market territory, down roughly 21.2%. The Nasdaq Composite, whose decline dates back to last November, is 33.2% below its high-water mark.The next key metric for investors in the days ahead could come from the bond market, where the 10-year Treasury yield has surged to just below the 4% level.@Daily_Discussion

As many as I can. I’m a voracious reader who can easily read 15 to 20 books a month depending on length. There’s no real plan. I read what strikes my fancy at a given moment.  If you’re looking for something to read that will improve your ability as an investor, I’d recommend any of the books below. All 3 of them are deeply informative and will leave an impact on you. 1. The Intelligent Investor by Benjamin Graham Described as “by far the best book on investing ever written” by none other than Warren Buffett. “Chapters 8 and 20 have been the bedrock of my investing activities for more than 60 years,” he says. “I suggest that all investors read those chapters and reread them every time the market has been especially strong or weak.” 2. The Little Book that Beats the Market by Joel Gree

I take side on new energy. New energy will continue to rise in the upcoming decade, edging out fossil fuels and reducing greenhouse gas emissions. Technologies such as solar and wind are at the heart of transformations taking place across the global energy system. Their increasing deployment is crucial for efforts to tackle greenhouse gas emissions, reduce air pollution, and expand energy access. The world is doubling down on EV adoption with government subsidies, policy changes and infrastructure buildup. And $Tesla Motors(TSLA)$  has gradually established itself as a leader in the e-mobility space. This should be the perfect backdrop for solid growth into the foreseeable future. Tesla's strong business performance during a challenging

Share of Apple (AAPL) fell 1.3% after a report the tech giant is backing off plans to increase production of its new iPhones this year after demand for the product failed to meet expectations.Apple is backing off plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize, according to people familiar with the matter.The Cupertino, California-based electronics maker has told suppliers to pull back from efforts to increase assembly of the iPhone 14 product family by as many as 6 million units in the second half of this year, said the people, asking not to be named as the plans are not public. Instead, the company will aim to produce 90 million handsets for the period, roughly the same level as the prior year and in line with

I vote for $Apple(AAPL)$ because of its ecosystem. Apple's ecosystem is key to its success. iTunes, the App Store iOS, macOS, Apple TV, Siri and Home all tie together.  Apple has built resilient and sticky ecosystems by changing the way its products interacted with one another. Apple added the ability to use iMessage and FaceTime from an iPad, for example, allowing you to carry on your iPhone conversations on a tablet. Then it introduced a similar feature to Macs, also adding in support for full phone calls. The more Apple devices you used, the better they worked together. Siri launched on iPhone and iPad and eventually on Mac and Apple TV and even the Apple Watch. It became a familiar voice to answer

I do not have automatic investments plan yet.  However,  I plan to create automatic investment plan using Tiger's auto-investing function in the near future. The stocks and ETFs that I intend to auto-invest into include: 1.$Apple(AAPL)$  2.$Alphabet(GOOGL)$  3.$Amazon.com(AMZN)$  4.$SPDR Portfolio S&P 500 ETF(SPLG)$  Setting up automatic investments plan is a good way to get into dollar-cost averaging, which is a fancy way of saying that the shares I own will have had a variety of purchase prices because I bought them at different times. When shares ar

Share of Nio (NIO) rallied 12% after the Chinese electric carmaker reported a jump in third-quarter revenue and forecasted strong production. South Korean e-commerce Coupang (CPNG) saw its stock gain 23% after posting its first on-record operating profit. ZipRecruiter (ZIP) shares jumped 16% after the online employment marketplace raised its full-year outlook and greenlighted a $200 million increase to its share repurchase program. Shares of Bumble (BMBL) rose 10% after reversing a pre-market decline of 15% despite unveiling third-quarter revenue that missed Wall Street estimates and downwardly revised guidance for the current period over currency headwinds and Russia’s war in Ukraine. @Daily_Discussion 

Toyota shares were up more than 1% on Thursday after the company's third-quarter earnings, revenue, and operating profit beat analyst expectations. The Japanese automaker announced earnings of 53.40 yen, topping the consensus estimate of 49.55 yen from analysts polled by FactSet. The company's posted 9.755 trillion yen in revenue versus the 9.257 trillion yen anticipated by analysts. Operating income in the third quarter jumped 22% year-on-year, coming in at ¥956.65 billion. Meanwhile, Toyota's net profit fell to 745 million yen, from the 819 million yen reported in the same period in the previous year. @Daily_Discussion 

With only one trading day left in the third quarter, the S&P 500 is on track to decline a third straight quarter for the first time since the first quarter of 2009, in the midst of the Global Financial Crisis. The same is true for the Russell 2000 index of smallcap stocks, and the Russell 1000 indexes of both growth and value stocks.The Nasdaq-100 index is poised for even worse performance. Its third straight quarterly decline will be the worst since the third quarter of 2002.At the opposite end of the spectrum is the U.S. Dollar index. Its on the verge of gaining for the fifth straight quarter for the first time since the Q1 of 1998.@Daily_Discussion

Will recommend $Meta Platforms, Inc.(FB)$ to him. Meta is dominant in the world of digital advertising, and analysts expect double-digit revenue growth in 2022 and 2023. The stock still hasn't recovered from the sell-off following its February earnings release, in which FB revealed both an expected 2022 revenue headwind from  $Apple(AAPL)$iOS privacy changes andnloss incurred by its metaverse division, called Reality Labs. While these are legitimate concerns, it's still awfully rare to see a FAANG stock trading for 16 times earnings, as FB does now. Plus, while the metaverse pivot may be expensive and rocky, CEO Mark Zuckerberg has put up a fantastic track record for shareholders, and other rocky

Unlike large retailers such as Walmart, which seem to be somewhat optimistic on the consumer, several smaller consumer-facing names appear to be painting a more troubling picture.Take a look at some of the companies that have cut or posted disappointing forward guidance this week:Petco: It slashed its full-year revenue and earnings per share guidance, with both falling way below Street consensus.Brinker: The Chili's parent reported fiscal year earnings guidance that was well below expectations. The move came as its latest quarterly report showed weak gross and operating margins for the previous quarter.Nordstrom: The department store drastically slashed its full-year earnings per share guidance, as the company works on "aggressively right-sizing" its inventory.Advance Auto Parts: The compa

The Dow Jones Industrial Average fell sharply Monday, in its worst day since June, as the summer rally fizzled out and fears of aggressive interest rate hikes returned to Wall Street.The Dow fell 643.13 points, or 1.91%, to 33,063.61. The S&P 500 dropped 2.14% to 4,137.99, and the Nasdaq Composite tumbled 2.55% to 12,381.57, respectively. It was the worst day of trading since June 16 for the Dow and the S&P 500.Those losses come on the back of a losing week, which snapped a four-week winning streak for the S&P 500. Still, the broader market index remains about 13% above its June lows.Investors are anticipating what could be a volatile week of trading ahead of Federal Reserve Chairman Jerome Powell's latest comments on inflation at the central bank's annual Jackson Hole economic

Powell in his address last week at the Fed’s Jackson Hole symposium flagged the likely need for restrictive monetary policy for some time to curb high inflation and cautioned against loosening monetary conditions prematurely. He also warned of the potential for economic pain for households and businesses.Those comments contrast with bets for reductions in US borrowing costs next year as growth slows. The locus for much of the investor angst is the equities market, further undoing a bounce in global shares from the bear-market lows of mid-June. Other risks include China’s slowdown and Europe’s energy crisis.Powell signaled “once they get to whatever the final hike is, they’re going to stay there for a while,” Charles Schwab & Co. Chief Investment Strategist Liz Ann Sonders said on Bloom

The stock market turned upside down last year when the Federal Reserve abandoned its easy-money policies. Many investors say the ramifications are just beginning to ripple through markets. The central bank has raised interest rates to the highest levels since 2007, stoking mammoth swings across global markets and a steep selloff in assets from stocks and bonds to cryptocurrencies. The tumult that erased more than $12 trillion in value from the U.S. stock market—the largest such drawdown since at least 2001—is expected to continue as rates keep rising. Analysts at some of the biggest U.S. banks expect the stock market to retest its 2022 lows in the first half of the new year before beginning to rebound. Those at Goldman Sachs expect the S&P 500 to end 2023 at 4000, about a 4% rise from

Tesla (TSLA) was also among the day's biggest movers, rallying nearly 6%. Beaten-down shares of Coinbase (COIN) surged 15.1%. Cathie Wood's ARK Innovation ETF (ARKK) — a bellwether for speculative technology stocks and a large holder of each of the two aforementioned names — rose 4.6%. Retail stocks were also in focus Monday, with several companies announcing news ahead of the key ICR Conference this week. Lululemon (LULU) warned it expects fourth-quarter gross margins to decline as the company struggled with increased costs due to an inflation-related slowdown in consumer spending. Shares plunged 9.3%. Late Friday, Macy's (M) also cautioned on sales growth, and shares fell 7.6% Monday. Abercrombie & Fitch (ANF), in contrast, said its sales decline will likely be less than feared, send

My favorite male footballer is N’golo Kante The way he reads the game is just uncharacteristic of a normal football player. And the fact that I play a similar position as he does albeit just a fraction of what he does makes him my idol. Since he plays as a CDM. FIFA will not gonna make him win the Best Player of the Year EVER I loved him when he was at my club, Leicester and that underdog run we had when we won the Prem. And the fact that he is so humble and an amazing person is just the cherry on the top. My favorite female footballer is Alexia Putellas. Winner of the Ballon d’Or Feminin, The Best FIFA Women’s Player, and UEFA Women’s Player of the Year awards in 2021 – Putellas is, for many, the stand-out player in a Barcelona side littered with star quality. Arguably the ultim

$Marathon(MPC)$and $Phillips 66(PSX)$posted quarterly profits which cruised past Wall Street estimates, becoming the latest U.S. refiners to benefit from robust fuel demand and margins amid tight supplies. U.S. refiners are posting strong profits with refineries running at record levels this year, strong export demand amid a squeezed supply due to Russia's invasion of Ukraine and plant closings. Top bosses of both refiners said market environment continues to be favorable and product demand remains strong.On an adjusted basis, Marathon reported a profit of $7.81 per share, beating average analysts' estimate of $7.07 per share, according to Refinitiv data. Phillips 66's adjusted profit of $6.46 per shar