To The Moon

Hi, Tigers!

Welcome to Daily Discussion! This is the place for you to share your trading ideas and win coins!

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[Rewards]

1. 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)

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[Winners Announcement: 25 Aug]

1.Here are the 4 Tigers whose post has the best quality & interaction last Friday: @ZEROHERO @nerdbull1669 @koolgal @Mrzorro

Congratulations on being offered 50 Tiger Coins!​

Biggest One-Day Loss In August For S&P 500 & Nasdaq 100 😮‍💨

Craft Robust Defensive Strategy To Safeguard Our Investments Amid Market Volatility

Eli Lilly - A Pioneer In Ground Breaking Medicine To Save Lives

2.Here are the stocks mentioned by the above Tigers: $Vertex Pharmaceuticals(VRTX)$ $Wal-Mart(WMT)$ $Fidelity NASDAQ Composite Index ETF(ONEQ)$ $Eli Lilly(LLY)$ $Microsoft(MSFT)$ (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

Benchmark returns varied for the week as investors seemed to react to mixed signals on the economy and the course of monetary policy. Growth stocks handily outperformed value shares, helped by another substantial earnings and revenue beat by artificial intelligence chipmaker NVIDIA. Financials pulled back early in the week after S&P Global downgraded its credit ratings of five regional banks, citing, in part, stresses in the commercial real estate lending market.

Several retailers reported second-quarter results, which arguably offered a generally cautious picture on the health of the U.S. consumer. Shares of department store operator Macy’s fell sharply after the company reported falling earnings and warned of growing consumer caution, along with rising credit card delinquencies. Macy’s competitor Nordstrom, while beating earnings and revenue estimates, also cited rising late payments on its credit cards in issuing a cautious outlook. Nordstrom, discount chain Dollar Tree, and specialty retailer Dick’s Sporting Goods noted that earnings suffered from exceptionally high levels of theft from their stores.

The University of Michigan’s final reading of August’s consumer sentiment, released Friday, fell a bit from July’s nearly two-year high, seemingly due to higher inflation expectations following the recent increase in gas prices. However, the study’s chief researcher noted that “consumers remain supported by strong income expectations,” with hopes for higher wages strongest among lower-income consumers. The continued health of the labor market appeared to be confirmed by the weekly jobless claims report, which came in at 320,000, the lowest level in three weeks.

Futures & Commodities

Gold: Gold prices remained defensive within a multi-day falling wedge after snapping a four-week losing streak. Mixed U.S. data and a retreat in Treasury yields lure gold/dollar buyers into a bullish chart pattern. Fed Chairman Jerome Powell and other policymakers defended the hawkish bias but cited data reliance as fuel for gold bears.

SILVER: Silver prices edged up after posting their biggest weekly gain in six. A clear break above the 100-day moving average and upbeat oscillators favor XAG/USD targeting multi-day horizontal resistance. Silver buyers remain hopeful above $24.50, gold Fibonacci ratios add downside filter.

WTI: WTI Crude Oil recovered from the confluence of a key EMA within a 13-day falling wedge bullish chart pattern. A steady RSI, bearish MACD signals and a 4.5-month horizontal resistance zone have oil buyers targeting a new yearly top. Energy benchmark sellers need to conquer the $77.30-$20 area to tighten their grip.

The week ahead : August 21-25

Economic calendar

Earnings calendar

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