Position with 3x US Stock DLC ahead of AMZN, GOOGL, META, Alphabet & AAPL earnings this week
US equities closed at record highs on Friday, supported by easing geopolitical concerns and gains in semiconductor stocks following Intel’s strong performance.
The $NASDAQ 100(NDX)$ rose 1.95% to a new closing high. In line with the move, the Nasdaq 7x Long DLC gained 13.7%, while the Nasdaq 7x Short DLC declined by a similar magnitude
The week ahead is expected to be busy, with $Amazon.com(AMZN)$ , $Alphabet(GOOGL)$ $Meta Platforms, Inc.(META)$ and $Microsoft(MSFT)$ scheduled to report earnings on 29 April, followed by $Apple(AAPL)$ on 30 April.
Investors can position ahead of the US earnings release with the 3x Long DLC or 3x Short DLC, or wait and observe the US stock price reaction after the earnings release (typically after US regular hours) before initiating a position once SGX opens at 9am Singapore time.
In particular, $Amazon.com(AMZN)$ shares have been on a recent uptrend, having gained about 6.3% over the past week. Correspondingly, the AMZN 3x Long DLC rose 19.8%, while the AMZN 3x Short DLC fell by a similar magnitude.
Asian companies are also heading into the busiest week of the current earnings season, with $DBS(D05.SI)$ in Singapore and major Chinese companies such as $BYD COMPANY(01211)$, and $GEELY AUTO(00175)$ also set to report this week.
Investors looking to position ahead of the earnings releases can consider the Long and Short DLCs - Long DLCs offer amplified exposure to upward moves, while Short DLCs can be used to hedge or capture downside price movements.
See the full list of DLCs on dlc.socgen.com
This advertisement has not been reviewed by the Monetary Authority of Singapore. This advertisement is distributed by Société Générale, Singapore Branch. This advertisement does not form part of any offer or invitation to buy or sell any daily leverage certificates (the “DLCs”), and nothing herein should be considered as financial advice or recommendation. The price may rise and fall in value rapidly and holders may lose all of their investment. Any past performance is not indicative of future performance. Investments in DLCs carry significant risks, please see dlc.socgen.com for further information and relevant risks. The DLCs are for specified investment products (SIP) qualified investors only.
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