🚀Key events in the coming week, share your trading plans!
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[Rewards]
- You will be given 100 Tiger Coins according to the quality & interaction of the post
(NOTE: Comments posted under this article WILL NOT be counted)
2.You will be given 10 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: 10th Jun]
1.Here are the 9 Tigers whose post has the best quality & interaction yesterday:@Bonta @HelenJanet @Axekay @Ultrahisham @koolgal @Jo Tan @Lionel8383 @Big Cat @pekss
Congratulations on being offered 100 Tiger Coins!
Beware when politicians talk & play politics
$Prime US ReitUSD(OXMU.SI)$shares continue to trend downward
2..Here are the stocks mentioned by the above Tigers:$Applied Materials(AMAT)$$Apple(AAPL)$$NVIDIA Corp(NVDA)$$Taiwan Semiconductor Manufacturing(TSM)$$S&P 500(.SPX)$$KIMLY LIMITED(1D0.SI)$$SINGAPORE EXCHANGE LIMITED(S68.SI)$$TENCENT(00700)$ (Not investment advice)
And let's congratulate these Tigers for winning 10-50 Coins:
Below are Today's Key Takeaways.
Top News Move the Market
Global Markets Weekly Update
- Hotter-than-expected inflation drags stocks down.Stocks finished with steep losses despite some early-week strength. The equities market turned south on Thursday afternoon, and the selling accelerated on Friday following the release of hotter-than-expected consumer price index (CPI) data for May. At the beginning of the week, trading volumes were light, and volatility measured by the Chicago Board Options Exchange (CBOE) Volatility Index, known as the VIX, was relatively low, but volatility turned sharply higher at the end of the week.
- Oil prices climbed for most of the week before falling on Friday, finishing the week modestly higher and supporting energy sector stocks to some degree. Losses in the tech-heavy Nasdaq Composite were worse than in the broad market as higher interest rates reduced the appeal of companies that may not generate meaningful earnings until well into the future. Value stocks held up better than growth stocks.
- The May CPI release was the focus of the week’s economic data. The report showed that headline inflation was 8.6% from a year earlier, topping consensus estimates. May’s headline CPI was also higher than April’s 8.3% reading, disappointing investors who had been looking for price increases to slow. Core CPI, which excludes food and energy, climbed 6% from a year ago, also faster than consensus estimates.
The week ahead:Jun 13 -17
Tiger Community TOP10 Tickers
⭐For The Daily Most Active Stocks in S&P 500 & The Top 10 Popular Stcocks on WallStreetBets please turn to @TigerObserver
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