🇺🇸 regulators on 28/4 (Fri) put large 🏦🏦🏦 on notice that tougher oversight is coming, after the Federal Reserve & Federal Deposit Insurance Corporation (FDIC) detailed their supervisory lapses before deposit runs caused the collapse of Silicon Valley Bank (SVB) & Signature Bank in March. The Fed's assessment of its inadequacies in identifying problems & pushing for fixes at SVB came with promises for tougher supervision & stricter rules for 🏦🏦🏦. ➡️ “Our first area of focus will be to improve the speed, force, and agility of supervision," Fed Vice Chair of Supervision Michael Barr. Barr also signaled plans to subject banks with more than $100 billion in assets to rules currently reserved for bigger rivals, given that increased capital & liquidity requirements would have
Every FOMC, people are always worried about being skewered by market events, so they are not so confident in the trading before the FOMC.But this time it was different. The institution had the answer first:sell $MSFT 20230519 310.0 PUT$10,000 lots of options, which means hundreds of millions of dollars of margin. When I saw the option change the only thing I thought was all in Microsoft. Microsoft reported earnings earlier, and they were surprisingly good. That being said, you don't have to be so aggressive and put the sell put at a lower strike price, like 280 or 260.I want to move on to the other stock observations of the week, which are somewhat subjective.I'm going to make an unpleasant judgment for a
As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,270.51 points, down 1.54% points in the past 5 days. The earnings calendar is attached at the end of the article.During the last 5 trading days, $TJ DaRenTang(T14.SI)$, $TAN CHONG INT'L LTD(T15.SI)$, $CDL HOSPITALITY TRUSTS(J85.SI)$, $AEM HOLDINGS LTD(AWX.SI)$ and $FRASERS LOGISTICS & IND TRUST(BUOU.SI)$ are the top 5 Weekly gainers, up 7.88%, 5.00%, 2.44%, 2.42% and 2.27% resp
$Amazon.com(AMZN)$ reported Q1 2023 earnings that topped Wall Street targets amid cost-cutting by the e-commerce giant. AMZN📦 stock fell 3.98% on 28/4 (Fri) to close at $105.45 as management's earnings call commentary raised questions over how long a slowdown in cloud computing growth will persist. 👌 Q1 sales for the cloud computing unit, Amazon Web Services (AWS), rose 16% to $21.4 billion, slowing from 37% growth in the year-earlier period but beating analysts’ projected AWS growth of 15% for the March quarter 👎 On the 📦 earnings call, management said AWS is seeing slower growth in April 🆚 Q1. 👎 Investors panicked & sold-off because Wall Street analysts have expected AWS revenue growth to bottom in Q2 202
Every FOMC, people are always worried about being skewered by market events, so they are not so confident in the trading before the FOMC.But this time it was different. The institution had the answer first:sell $MSFT 20230519 310.0 PUT$10,000 lots of options, which means hundreds of millions of dollars of margin. When I saw the option change the only thing I thought was all in Microsoft. Microsoft reported earnings earlier, and they were surprisingly good. That being said, you don't have to be so aggressive and put the sell put at a lower strike price, like 280 or 260.I want to move on to the other stock observations of the week, which are somewhat subjective.I'm going to make an unpleasant judgment for a
As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,270.51 points, down 1.54% points in the past 5 days. The earnings calendar is attached at the end of the article.During the last 5 trading days, $TJ DaRenTang(T14.SI)$, $TAN CHONG INT'L LTD(T15.SI)$, $CDL HOSPITALITY TRUSTS(J85.SI)$, $AEM HOLDINGS LTD(AWX.SI)$ and $FRASERS LOGISTICS & IND TRUST(BUOU.SI)$ are the top 5 Weekly gainers, up 7.88%, 5.00%, 2.44%, 2.42% and 2.27% resp