๐Share your strategy for making money on the market๏ผ
Hi, Tigers!
Welcome to Daily Discussion! This is the place for you to share your trading ideas and 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.
[Winners Announcement:11 July]
1.Here are the 4 Tigers whose post has the best quality & interaction yesterday: @nerdbull1669 @JC888 @่ผช่ญ่ดๅฎถ @้่ทฏไบบ
Congratulations on being offered 50 Tiger Coins!
Investors Rotating Out Of Tech Stocks. Temporary or Longer?
$ๆ็ๆๆธ(HSI)$ ๆๆๆจๆฅ็ตๆผ้ฝๆๅไผผๆจฃๆขๅๅน
2.Here are the stocks mentioned by the above Tigers: $Direxion Daily S&P 500 Bear 1x Shares(SPDN)$ $Tesla Motors(TSLA)$ $Salesforce.com(CRM)$ $SPDR S&P 500 ETF Trust(SPY)$ $Advanced Micro Devices(AMD)$ $Amazon.com(AMZN)$ $Alibaba(BABA)$ $Pepsi(PEP)$ $Delta Air Lines(DAL)$ $Rivian Automotive, Inc.(RIVN)$ $Tesla Motors(TSLA)$ (Not investment advice)
And let's congratulate these Tigers for winning 5-40 Coins: @Omega88 @Spiders @Semi_Dig
Below are Today's Key Takeaways.
Top News Move the Market
The Nasdaq ended sharply lower on Thursday, hit by losses in Nvidia, Apple and Tesla as investors rotated into smaller companies after softer-than-expected inflation data fed bets the Federal Reserve will cut interest rates in September.
Tesla - Tesla snapped its 11-session winning streak as the stock fell 8.4%. A report from Bloomberg said the electric-vehicle maker was delaying its plannedrobotaxi unveilingto October from Aug. 8. Excitement surrounding the robotaxi event was, in part, why Teslaโs stock recently has rallied.
Nvidia - Nvidia declined 5.6%. A โsell the newsโ reaction to the latest inflation data looked to bedragging on shares of the chip maker. Nvidia has risen 157% this year.
US Inflation Broadly Cools, Likely Sealing Deal for Fed Rate Cut
US inflation cooled broadly in June to the slowest pace since 2021 on the back of a long-awaited slowdown in housing costs, sending the strongest signal yet that the Federal Reserve can cut interest rates soon.
The so-called core consumer price index โ which excludes food and energy costs โ climbed 0.1% from May, the smallest advance in three years, Bureau of Labor Statistics figures showed Thursday. The overall measure fell for the first time since the onset of the pandemic, dragged down by cheaper gasoline.
Tiger Community TOP10 Tickers
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All right, here is all the market information we would like to share with you๏ผ
What news/movements are worth noting in the market today? Any stocks to watch?
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- DiAngelยท07-12TOPToday I bought $UOB(U11.SI)$. Not at the lowest but a price I m willing to pay. Based on current price at 1.22pm, it is trading at $33. I already have some kopi โ๏ธmoney for the day. Anyway, I m a long term investor. This is also the stock I bought last month. [love you][Chuckle][Heart][Love]LikeReport
- nerdbull1669ยท07-12@Daily_Discussion Thank you for the coins!LikeReport