To The Moon

Hi Tigers!This is Captain Tiger, your most helpful friend in the Tiger Community! Captain Tiger: Your most helpful friend in the Tiger CommunityYou may have seen many articles with a "PICK" sign in the front, which means it is an Editor's Pick. In simple words, the post has been viewed by the Tiger Community Team and has been recommended due to its high-quality content and analysis.Then you may wonder: how do Tigers benefit from getting an editor's pick?Well, before answering the question, I must introduce you to one thing: Tiger Coins, the virtual coins that you can use in the Tiger Community to redeem gifts such as souvenir Tigers, commission-free trading cards, stock vouchers, etc.. (Here the link

Public Holidays Nil for Singapore, Hong Kong, China & USA Economic Calendar (05Jun2023) Economic Calendar for the week starting 05Jun2023 Notable Highlights Jobless claims. Initial jobless claims will be announced on Thursday. This would form important data points for the Fed to decide on the next interest rate adjustment. PMI updates from the US - This reflects the US domestic manufacturing outlook and can be a good reference for the market outlook. For this week, the PMI is for services from May 2023. Crude Oil Inventories can be seen as forward indicators of market demand and consumption. If the trend of excess inventories continues, this implies demand erosion that can lead to reduced production & weakening consumer spending. The last crude oil saw a bigger drawdown than expect

Following our review of All-time-high stocks in Consumer Discretionary, some SaaS companies are reaching to a new high In Q1. $ServiceNow(NOW)$ rose to a new high of $548.18 on 2nd June; $Salesforce.com(CRM)$ rose to a new high of $225 on 31st May; $Adobe(ADBE)$ rose to a new high of $438.53 on 2nd June; $Veeva(VEEV)$ rose to a new high of $200.44 on 2nd June.Most earnings beat estimates and continued to rise after the earnings. Among them, $Veeva(VEEV)$ released earnings on 31st May and rose 20% on the earnings.Some SaaS companies missed estimates in Q1, but s

Eons ago, June had been a weak month, second only to September. Good news is the bearish effect has dissipated over time. Using S&P 500 as a benchmark - for the last 50 years, the month of June has been up 30 times. Now for an even better news. The number would be even “higher” if S&P has been strong, going into June, like now. Isn’t this a wonderful piece of news to know? Hope that my attempt at S&P 500 “technical drawing” (see above) is able to support the good news mentioned above (if my life depends on it - LOL!). The deal to raise US debt ceiling has been passed by Congress (Hse Rep & Senate) and wrapped up by President Biden already over the weekend. The act alone (hopefully) could boost some of the unloved corners of the US stock market. This would be: Energy. Indust

U.S. stocks were little changed on Monday as traders digested a broad-based rally that pushed the S&