* Artificial intelligence gains unabated, Wall Street hits new highs 🇺🇸 S&P 500: 0.25% 📈 🇺🇸 Nasdaq: 0.03% 📈 🇪🇺 STOXX 600: 0.69% 📈 🇯🇵 Nikkei 225 Index: 1.00% 📈 🇭🇰 Hang Seng Index: -0.11 📉 🇨🇳 CSI 300 Index: 0.27% 📈 * U.S. stocks cheered, with the S&P 500 and Nasdaq Composite rising 0.3% and 0.03% respectively, boosted by Nvidia's continued surge, and other chip stocks also making bullish moves, driving the Philadelphia SE Semiconductor Index A record high. * U.S. retail sales rose 0.1% on an annual basis, below expectations of 0.3%, while * Core retail sales shrank -0.1% on a monthly basis, below expectations of 0.2%, suggesting higher long-term interest rates continue to weigh on the market. * Asia-Pacific markets were mixed, with Hong Kong's Hang Seng down -0.1%, while Shanghai's C
My very First trade on Tiger is Thai Beverages. Keep until now still minus 33% 🤣 @Tiger_comments just have to continue earn dividend to cover the loses. Not really have faith in this stock as won't DSA
I closed $SMH 20240614 232.5 PUT$ ,SMH: collected 0.55% premium on this cash secured put on SMH after holding for 17 days. The strike was $232.5 which is a very comfortable level away from current price. SMH continue to move high throughout the past 2 weeks on heels of positive earnings and forecast by semiconductor counters. Happy to collect the option premiums, but actual stock are nursing a large paper loss.
I closed $GOLD 20240614 18.0 CALL$ ,Selling covered call benefited from earning premium income in advance on the GOLD stock that currently own and holding the sold call position till maturity to capture the full premium.
On Mon, 10 Jun 2024, $Morgan Stanley(MS)$ CEO Ted Pick said that a higher-for-longer interest rates are "good for business." at a financial services conference hosted by it’s Research division. Mr Pick felt it is good for business mainly because Morgan Stanley’s management team have spent a lot of time refining the strategy. With the FOMC June 2024 meeting officially over, Mr Jerome Powel and team have confirmed that Fed funds rate remained status quo for another month. More importantly, US central bank has confirmed a single interest cut in 2024 due to: A string of sticky inflation readings during Q1 2024, and Surprisingly strong economic data. Current rate path presents a conundrum for many banks that: Rely heavily on the spread between what they