Article content: SUMMARY-MAIN EVENTS-SCENARIO-SPX LEVELS-AGENDA The stock market fell on Friday and for the second week in a row A drop in consumer sentiment and ongoing wrangling over the debt ceiling... $S&P 500(.SPX)$ fell 0.2% and 0.3% weekly. SPX-4200 would a figth... $NASDAQ(.IXIC)$ fell 0.4% on the day and week. $DJIA(.DJI)$ fell slightly, down 1.1% for the week. MAIN EVENTS PCI - PPI (Consumer price index and the producer price index) Both remain above the Federal Reserve's 2% target Inflation expectations for the year ahead fell from 4.6% to 4.5%, but long-term inflation expectations rose to 3.2% from 3%, the highest level since 2011... ISM-
Please find and follow my YT channel (nerdbull1669) for Daily SG and US Stock Watchlist. Do follow me as I share quality stock pick for Daily Watchlist. Please find the result from 11 May 2023. Here is the daily watchlist for 12 May 2023 from the A.I. model I will be looking at this stock $SURGEPAYS INC.(SURG)$ , they have reported a very earnings EPS of $0.32 per share. It was an increase of 420 percent increase over losses of $(0.10) per share from the same period in 2022. Target Entry Price would be around $4.80 If go below $4.80 do check Bull/Bear strength and volume. If go above $5.50 and maintain, SURG could be headed beyond $6.50. This is how the Bull/Bear strength have been performing in pre-market. I will be looking for Bull strength
As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,208.55 points, down 1.78% points last week. The earnings calendar is attached at the end of the article.During the last 5 trading days, $TOP GLOVE CORPORATION BHD(BVA.SI)$, $GOLDEN AGRI-RESOURCES LTD(E5H.SI)$, $SHANGRI-LA ASIA LIMITED(S07.SI)$, $SIA ENGINEERING CO LTD(S59.SI)$ and $BUMITAMA AGRI LTD.(P8Z.SI)$ are the top 5 Weekly gainers, up 8.47%, 5.88%, 5.22%, 4.95% and 4.39% respectively.