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    • lucaseelucasee
      ·2023-09-19
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      Invest In Merck As Union Strike & Interest Hike Cont'd?

      @JC888
      I think the US market might trend mixed or higher today despite the labour union strike continues into its 3rd day. US market last week’s performance was all over the place in particular on Fri, 15 Sep. By the time market closed: DJIA: -0.83% (-288.87 to 34,618.24). Dow has dipped marginally -0.09% lower last week. S&P 500: -1.22% (-54.78 to 4,450.32). Index has fallen -0.68% lower last week. Nasdaq: -1.56% (-217.22 to 13,708.33). Index has inched -1.27% lower last week. While a lot of posts tried to pin down Friday dismal performance due to this reason or that — I think it’s because it was Quadruple Witching Day. For the unfamiliar: With it out of the way (until December 2023), focus returns to: United Auto Workers union strike that has started on Fri, 15 Sep 2023. FOMC meeting
      Invest In Merck As Union Strike & Interest Hike Cont'd?
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    • lucaseelucasee
      ·2023-09-19
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      [Events] How will SPX close on Wed 20 Sept?

      @TigerEvents
      Click to vote. Can you predict how will $S&P 500(.SPX)$ close on Wednesday 20 September? If you get the right answers, You may divide 1000 Tiger Coins with other Tigers. In addition, you have the chance of winning Tiger Gifts.Investors are widely anticipating that the Fed will hold interest rates steady at the policy meeting this week. But traders will be keeping a close eye to get a better sense on the central bank’s stance on inflation from here. Traders are assigning a 99% chance that the Fed stays put when it releases its rate decision on Wednesday and just a 31% probability of a hike in November, according to the CME Group’s FedWatch tool, which gauges pricing in the fed funds futures market.What is your ins
      [Events] How will SPX close on Wed 20 Sept?
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    • lucaseelucasee
      ·2023-09-19
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      Is this semiconductor pullback a buying opportunity?

      @Value_investing
      Recently, semiconductor company stock prices have significantly pullbacked, among which:Lithography giant $ASML Holding NV(ASML)$ corrected 22.5%; $Applied Materials(AMAT)$ , the world's largest semiconductor equipment company, saw an 11% pullback; $Advanced Micro Devices(AMD)$ pullbacked 23.6%;Chip contract manufacturing giant $Taiwan Semiconductor Manufacturing(TSM)$ back 19.4%...What happened? Is this semiconductor pullback a buying opportunity?In general, the main reason for this wave of semiconductor pullback is that semiconductor fundamentals cannot match skyrocketing stock prices.For example, Applied Materials, befo
      Is this semiconductor pullback a buying opportunity?
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