🚀[Mar 2nd]Trading plans that you can't miss from Tiger users
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Hi,Tigers!
Welcome to our official column:Daily Discussion! Here you can share your trading ideas, your opinions on market trends,the stocks you like(bullish on)or dislike(bearish on),and your investment performances,etc..
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Below are Today's Key Takeaways.
Top News Move the Market
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Daily Focus Wednesday
Tuesday Afternoon Market Recap
- The S&P 500 fell 67.68 points, or 1.5%, to 4306.26, on Tuesday. The blue-chip Dow Jones Industrial Average lost 597.65 points, or 1.8%, to 33294.95, while the technology-heavy Nasdaq Composite was down 218.94 points, or 1.6%, to 13532.46.
- Oil prices rallied, rising back above $100 a barrel to their highest level since 2014. Brent crude, the international oil benchmark, climbed $7 a barrel, or 7.1%, to $104.97. Benchmark European natural-gas prices jumped over 24%. Members of theInternational Energy Agency agreed Tuesdayto release supplies from oil reserves in an effort to keep a lid on rising crude prices.
- Energy companies’ stocks gained alongside oil prices, withOccidental Petroleumrising $3.06, or 7%, to $46.79 andChevronadding $5.72, or 4%, to $149.72. Refinersbalked at buying Russian oil, while banks are refusing to finance shipments of Russian commodities, according to oil executives, bankers and traders. Russia is the single biggest gas exporter and a major supplier of crude oil.
Today's Headlines
- President Joe Biden will deliver his first State of the Union address on Tuesday evening. Investors may be listening for updates on his economic agenda, though the global response to the conflict in Ukraine is likely to dominate instead.
- Investors are keeping a close eye on oil prices, which could drive inflation, choke the economy and create challenges for the Federal Reserve when shaping policy.
- Investors are also looking forward to employment data from ADP due out Wednesday, as well as mortgage application numbers.
Earnings calendar
Before Market：$Dollar Tree(DLTR)$
After Market：$Snowflake(SNOW)$ $C3.ai, Inc.(AI)$ $Splunk(SPLK)$ $Okta Inc.(OKTA)$
Feel free to comment & share your ideas on the trading opportunities or the market trends!Bullish or bearish? Justtag the related tickerin the comment, and you stand a chance to win Tiger Coins!
[Updated Rewards]
- 5 Tigers will be given another 50 Tiger Coins according to the quality & interaction of the comment
- Meanwhile, we will be posting the stocks mentioned by the 5 Tigers for your reference (not investment advice though)
If you are confident in your trades today, repost and tell your friends to like your comment! You may be rewarded with Tiger Coins!
[Winners Announcement]
- Here are the 5 Tigers whose comment has the best quality & interaction yesterday:@MiniJ @Gackky @Soyabean89 @buffetjoking @Enereskob
Congratulations on being offered 50 Tiger Coins!
2.Here are the stocks mentioned by the above Tigers:$Indonesia Energy Corp Ltd.(INDO)$ $Sea Ltd(SE)$ $FOOD EMPIRE HOLDINGS LIMITED(F03.SI)$ $Himax(HIMX)$ $CrowdStrike Holdings, Inc.(CRWD)$ (Not investment advice)
Stay safe and good luck with your investing!
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also looking at $Snowflake(SNOW)$ for their earnings later.
Buy $FRASERS CENTREPOINT TRUST(J69U.SI)$ as a recovery play. Its neighbourhood malls are popular with the local Singaporeans.