On Thursday, major US index opened strong but gradually lost momentum as the session progressed.Leveraged and inverse ETFs can be practical tools for navigating market volatility.Stay tuned and supercharge purchasing power with CashBoost!Market recapOver the past week, the U.S. stock market has shown mixed performances. As of December 19th, the Dow Jones Industrial Average has fallen for ten consecutive trading days, marking its longest losing streak since 1974, with a cumulative decline of 2.58%. The S&P 500 Index dropped by 2.95%, while the Nasdaq Composite Index fell by 3.56%.- Rate cut: Investors are recalibrating their expectations and trying to navigate the mixed signals from the Fed and economic data. Currently, the market anticipates fewer than two interest rate cuts throughout
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Since November 6th, Tesla's stock price has surged by 84%, when Dow Jones has recorded a nine-day losing streak.With lower stakes, some low-price stocks can serve as quick starters.Stay tuned and supercharge purchasing power with CashBoost!Market recapRecently, the Dow Jones Industrial Average, representing the traditional economy, recorded a nine-day losing streak, marking the longest such streak since February 1978. Meanwhile, the Nasdaq Index, representing technology stocks, has been hitting new highs, despite a slight dip at yesterday's close.- Big Techs: $Tesla Motors(TSLA)$ rose over 3%, and Apple gained about 1%, both continuing to set new highs. Since November 6th, Tesla's stock price has surged by 84%, with widespread market optimism sugg
💰Tesla is Approaching $500, a Review of Key Factors Drives Tesla in 2024
On December 16th, 2024, $Tesla Motors(TSLA)$ 's stock price rose by another 6.14%, quoted at $463.19, and continued to rise after the market. Tesla is approaching $500, we believe many tigers have made profit from the stock.Some reasons for $Tesla Motors(TSLA)$ 's recent rise may include:Wall Street analysts raised their target prices for Tesla's stock. After visiting Tesla's Texas Gigafactory and meeting with the investor relations team, Bank of America (BoA) analyst John Murphy reiterated his "buy" rating on Tesla's stock and raised his target price from $350 per share to $400, indicating that analysts are optimistic about Tesla's prospects. Wedbush raised its target price to $515.Tesla's recent stock p
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Tiger Introducing New Alpha is weekly hot tips for investing.China's retail sector is expected to benefit from policies and holiday shopping. Keep an eye on Gen Z's hype.Stay tuned and supercharge purchasing power with CashBoost!Market recapOver the past week, US stock markets experienced mixed results, with the S&P 500 declining by 0.64% while the Nasdaq rose by 0.34%.Market Watch: The upward momentum in US stocks is gradually weakening, as some investors are beginning to worry about overvaluation. Investors are closely monitoring the Fed's pace of rate cuts. On 13th, chip manufacturer $Broadcom(AVGO)$ 's stock soared over 24%, marking the largest increase in its history and becoming the ninth US listed company to surpass a marketcap of $1 tr
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Breakthrough: The Nasdaq has broken through the 20,000-point mark, as leading tech stocks continue to roar.Breakthrough+: AI-driven education companies are also seeing a noticeable rise in their stock prices.Stay tuned and supercharge purchasing power with Cash Boost Account!Market recapThe $.IXIC(.IXIC)$ surged by 1.77%, breaking the 20,000-point mark for the first time, with $Tesla Motors(TSLA)$ , $Alphabet(GOOG)$ , $Amazon.com(AMZN)$ , $Meta Platforms, Inc.(META)$ , and $Netflix(NFLX)$ all reaching record highs. Rate Cut: The U.S. C
💰Nasdaq's 20K Milestone & SGX-listed Mag 7 DLCs' Big Gains
On Wednesday, the Nasdaq Composite Index $.IXIC(.IXIC)$ reached a new high, surpassing 20,000 points. This is a significant milestone for the tech-heavy index, indicating a strong market sentiment.Several Nasdaq-listed companies, including $Alphabet(GOOG)$ , $Meta Platforms, Inc.(META)$, $Tesla Motors(TSLA)$, $Costco(COST)$ and $Netflix(NFLX)$, also hit new highs, reflecting the robust performance of these individual stocks.Asian markets on Thursday, Chinese assets showed an unusual rise. As of 13:00 noon press time, Hong Kong stock ma