As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,280.69 points, up 2.27% points last week.During the last 5 trading days, $FRASERS PROPERTY LIMITED(TQ5.SI)$, $YANLORD LAND GROUP LIMITED(Z25.SI)$, $NIO Inc.(NIO.SI)$, $WILMAR INTERNATIONAL LIMITED(F34.SI)$ and $SINGTEL 10(Z77.SI)$ are the top 5 weekly gainers, up 10.46%, 7.52%, 5.42%, 4.11% and 3.86% respectively. $Olam Group(VC2.SI)$,
With the United Auto Workers’ strikes threatening to shut down production lines of major conventional car makers, if its demand for wage increases as high as 40 percent is not met, no signs of a deal closure are in sight yet despite negotiations progressing in earnest, a clear beneficiary is the electric vehicle industry which has resisted unionisation. The brewing storm for the incumbents may hence be good news for electric vehicle startups the like of $Faraday Future Intelligent Electric Inc.(FFIE)$ and $Rivian Automotive, Inc.(RIVN)$ that are in need of any catalyst to bolster their weakening fundamentals. A clear winner would be <
EV counters had been quite calm since the huge rally in July. Investors are probably waiting for this wave of correction to end before opening a new position in these stocks. So, do you think the correction wave will finish soon or the stocks will continue remain at a consolidation phase for incoming weeks? Let's look at the leader Tesla! TSLA in Technical Aspects Since the downtrend line breakout towards the end of August, TSLA began its trend reversal with strong rebound over the past two weeks. TSLA daily chart We can see obvious symmetrical triangle followed by an ascending triangle pattern as highlighted in blue in the chart above. Symmetrical and Ascending Triangle - Bull or Bear sign? A symmetrical triangle is a chart formation where the s
Hi, Tigers.Welcome to this new episode of Weekly Hot Comments. This is TigerStars.Here we have carefully selected the most interesting and valuable Tiger comments of this week for you.The present episode consists of two sections: Fun Comments and Tigers' Insights, hope you enjoy it.Now let's see what interesting content we have for this week?🤣FUN COMMENTS@Universe宇宙Musk, I waiting for your AI robot! Please seek help from @TigerGPT if you need any ideas to create that AI robot. [Cool]@ZarknessA50 is a sleeping dragon, it can hibernate for the longest time but once it awaken !! U will know with a bang !!😎TIGERS' INSIGHTS⭐Star Con
Friday was "Four Dark Days", when a large number of derivatives contracts linked to stocks, index options and futures expired, forcing traders to roll over existing positions en masse or start new ones. This time, the four Witch days coincided with a rebalancing of benchmarks such as the S&P 500, which was another catalyst for more stock trading.SoftBank's chip design company Arm went to the United States to welcome the honeymoon market on the first day of listing, the market value exceeded 65 billion US dollars, the largest IPO in the United States this year, but also wake up the long-dormant US IPO market. The Dow Jones Industrial Average rose more than 300 points on Thursday (14th), its strongest one-day performance since early August, and its third consecutive day of gains.On the d
Hello tigers! With the Mooncake festival just around the corner, I'm delighted to share that Tiger Brokers has brought a smile to my face with a gift that adds warmth and joy to my Mid-Autumn Festival. More about that later. [Smart] Gift from Tiger Brokers Today, let's focus on introducing the Wyckoff Accumulation phase. Wyckoff Accumulation Phase The Wyckoff Accumulation phase is a key pattern in technical analysis, particularly for longer-term investors. Developed by Richard D. Wyckoff, it aims to identify the accumulation of shares by informed investors before a significant price move. Richard D. Wyckoff This phase signifies a period in which institutional or informed investors strategically accumulate shares of a stock, often at lower price levels. This phase is characterized by a con
The United States in August unseasonally adjusted CPI annual rate of 3.7%, a new high since May this year, has risen for the second time in a row; The United States in August unseasonally adjusted core CPI annual rate of 4.3%, the lowest since September 2021, has declined for six consecutive months; The United States in August seasonally adjusted CPI rate recorded 0.6%, the highest since June 2022.Yesterday Oracle fell by more than 13% due to the cold earnings report, Apple's share price fell after the autumn speech, and the three major indexes of the US stock market closed down on Monday (11).Before the end of the Apple options big order conference, it was mainly bullish, and after the end of the conference at 2 o 'clock, it was mainly bearish:buy