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]

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:14 Nov]

1.Here are the 6 Tigers whose post has the best quality & interaction yesterday: @Mickey082024 @Blinkfans @JC888 @Barcode @TigerOptions @nerdbull1669

Congratulations on being offered 50 Tiger Coins!

Home Depot back to All Time High?

How to make $133 from selling put options weekly for pltr

SOFI's Skyrocketing : Can It Keep Climbing?

2.Here are the stocks mentioned by the above Tigers: $Home Depot(HD)$ $Palantir Technologies Inc.(PLTR)$ $SoFi Technologies Inc.(SOFI)$ (Not investment advice)

And let's congratulate these Tigers for winning 5-40 Coins: @北极篂 @Shyon @Tiger V @Barcode @胡说八道之一步 @過路人

Below are Today's Key Takeaways.

Top News Move the Market

Wall Street's main indexes closed lower on Thursday after Federal Reserve Chair Jerome Powell dampened investors' hopes for another interest rate cut this year by saying the U.S. central bank need not rush to ease monetary policy.The Dow Jones Industrial Average fell 207.33 points, or 0.47%, to 43,750.86, the S&P 500 lost 36.21 points, or 0.60%, to 5,949.17 and the Nasdaq Composite lost 123.07 points, or 0.64%, to 19,107.65.

EV stocks dropped on Thursday as investors worried that President-elect Trump would end electric vehicle purchase tax credits. $Nikola Corporation(NKLA)$ fell 22.8%; $Rivian Automotive, Inc.(RIVN)$ fell 14%; $Tesla Motors(TSLA)$ fell 5.8%.

$Domino's Pizza(DPZ)$ shares jumped 7% in late New York trading. Berkshire Hathaway Inc. bought stock in Domino’s Pizza Inc. and Pool Corp. during the third quarter as Chairman Warren Buffett cut back on some long-held investments.

Walt Disney gained 6.2% after the entertainment giant reported fiscal fourth-quarter earnings of $1.14 a share that topped analysts' estimates. Disney's direct-to-consumer streaming business posted an operating profit of $321 million in the period compared with a year-earlier loss of $387 million.

Powell Says No Need for Fed to Rush Rate Cuts Given Strong Economy

Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does not need to rush to lower interest rates and can deliberate carefully, Federal Reserve Chair Jerome Powell said on Thursday.

In remarks that align with a developing expectation in financial markets for fewer rate cuts next year than previously forecast by Fed officials, Powell affirmed that he and his fellow policymakers still consider inflation to be "on a sustainable path to 2%" that will allow the U.S. central bank to move monetary policy "over time to a more neutral setting."

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