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🔥Economic reports in the week ahead,share your trades!
@Daily_Discussion:Hi, Tigers! Welcome to Daily Discussion! This is the place for you to share your trading ideas and win coins! Click here to join the Topic & Win coins >> [Rewards] We will reward you with 50 Tiger Coins when you share your knowledge about stocks and markets here, depending on quality and originality. (NOTE: Comments posted under this article WILL NOT be counted) 2.You will be given 5 Tiger coins if you tag more than 3 friends in the comment area Meanwhile, we will be listing the stocks mentioned by those selected Tigers for your reference every day (not investment advice though) Is there anything you would like to share about your trades today? Click to join the topic & win tons of Tiger Coins here >> [Winners Announcement: 17 July] 1.Here are the 6 Tigers whose post has the best quality & interaction yesterday: @ZEROHERO @nerdbull1669 @JC888 @koolgal @Trend_Radar @Trader2000 Congratulations on being offered 50 Tiger Coins! $AMZN Show a Upward Gap, Can Prime Days Start a Prime Rally? Buy Pepsico For Its Better Earnings and NASDAQ100 Rebalance S&P 500 Up More Than 3% Since Rate Hikes Started 🤩 2.Here are the stocks mentioned by the above Tigers: $S&P 500(.SPX)$ $Amazon.com(AMZN)$ $HSI(HSI)$ $Pepsi(PEP)$ $SPDR S&P 500 ETF Trust(SPY)$ $Wells Fargo(WFC)$(Not investment advice) And let's congratulate these Tigers for winning 5-40 Coins: Below are Today's Key Takeaways. Top News Move the Market More News Weekly Hot Stocks ⭐For The Daily Most Active Stocks in S&P 500 & The Top 10 Popular Stcocks on WallStreetBets please turn to @TigerObserver Global Markets Weekly Update Stocks recorded a week of strong gains, as investors welcomed data showing a continued cooldown in inflation. The S&P 500 Index ended the week 6.50% below the all-time intraday high it established in early 2022. The Nasdaq Composite recorded an even stronger gain but remained 12.94% below its record peak. Standout performers within the S&P 500 included casino operators, along with regional banks and asset managers. Laggards included some major pharmaceutical firms and the typically defensive consumer staples sector. Friday saw the unofficial start of earnings season, as bank giants Citigroup, JPMorgan Chase, Goldman Sachs, and Wells Fargo reported second-quarter results. The signal event of the week appeared to be Wednesday’s release of consumer price index (CPI) inflation data. Both headline and core (excluding food and energy prices) inflation rose 0.2% in June, a tick below expectations. The annual increase in headline inflation slowed to 3.0%, its slowest pace since March 2021, while core inflation slowed to 4.8%, the slowest since October 2021. Producer price index (PPI) inflation data, released Thursday, was arguably even more encouraging. Headline producer prices rose only 0.1% over the year ended in June, nearing deflation territory. Core producer prices rose 2.4% over the period, but near the Federal Reserve’s overall inflation target of 2.0% and at their slowest pace since January 2021. Futures & Commodities WTI :WTI extends previous day’s pullback from multi-week high, holds lower grounds of late.Clear downside break of 61.8% Fibonacci retracement level, bearish MACD signals favor Oil sellers.Convergence of 50-SMA, 50% Fibonacci retracement puts a floor under the Oil price.Recovery needs validation from $79.40 to convince buyers. Gold :Gold Price struggles to extend two-week uptrend, edges lower after refreshing one-month high.Softer United States inflation numbers flag concerns about Federal Reserve’s policy pivot and propel XAU/USD via downbeat US Dollar.Mixed China updates, Friday’s upbeat US data prod Gold buyers during Fed policymakers’ silence ahead of late July FOMC. The week ahead:July 17-21 Economic calendar Earnings calendar Click to Post in the Topic >> Or tag the topic when you make a post Share your ideas on the trading opportunities or the market trends, and you will win coins! Stay safe and good luck with your investing!
🔥Economic reports in the week ahead,share your trades!Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.