๐ฅ[6th Jul]Trading plans that you can't miss from Tiger users
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]
- 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)
Is there anything you would like to share about your trades today?
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[Winners Announcement: 5th Jul]
1.Here are the 8 Tigers whose post has the best quality & interaction yesterday:@Success88 @SR050321 @Ron18 @Lionel8383 @iceflower @koolgal @LMSunshine @Ultrahisham
Congratulations on being offered 100 Tiger Coins!
FOMO ETF-Did you know this is an actual ETF???
2.Here are the stocks mentioned by the above Tigers:$OVERSEA-CHINESE BANKING CORP(O39.SI)$ $UNITED OVERSEAS BANK LIMITED(U11.SI)$ $DBS GROUP HOLDINGS LTD(D05.SI)$ $SINGAPORE AIRLINES LTD(C6L.SI)$ $GEO ENERGY RESOURCES LIMITED(RE4.SI)$ $ZIM Integrated Shipping Services Ltd.(ZIM)$ $ESR-REIT(J91U.SI)$ $ESR-REIT(J91U.SI)$ $Health Care Select Sector SPDR Fund(XLV)$ $iShares Biotechnology ETF(IBB)$ $Spdr S&P Biotech Etf(XBI)$ $Ormat(ORA)$ $BetaShares Global Energy Companies ETF(FUEL.AU)$ $Energy Select Sector SPDR Fund(XLE)$ $DJIA(.DJI)$ $NASDAQ(.IXIC)$ $S&P 500(.SPX)$ (Not investment advice)
And let's congratulate these Tigers for winning 10-50 Coins:
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In the comment area tag more than 3 friends get 10 tiger coins๏ผ
Below are Today's Key Takeaways.
Daily Focus Wednesday
Top News Move the Market
Tiger Community TOP10 Tickers
โญFor The Daily Most Active Stocks in S&P 500 & The Top 10 Popular Stcocks on WallStreetBets please turn to @TigerObserver
Tuesday Afternoon Market Recap
- Stocks staged an afternoon rally on Tuesday as concerns about a possible recession in the U.S. weighed on investor sentiment but lower interest rates appeared to boost the tech sector.The tech-heavy Nasdaq Composite climbed 1.75% to 11,322.24 after opening the day sharply lower. The S&P 500 rose 0.16% to 3,831.39 after being down more than 2% at session lows. The Dow Jones Industrial Average closed down 129.44 points, or 0.4%, at 30,967.82 but was down more than 700 points earlier.
- The benchmark 10-year Treasury yield and the 2-year yieldinverted on Tuesday,a move that has a strong historical track record as a recession indicator. When short-term Treasury yields trade above long-term yields, it could be a sign that investors expect an economic slowdown to lead to rate cuts.Stocks tied to economic growth fell sharply on Tuesday, with machinery names Deere and Caterpillar falling 3.2% and 2.5%, respectively, and hitting their lowest levels of the year. Mining stock Freeport-McMoRan dropped 6.6%.
- The price of oil also declined, reflecting a possible economic slowdown. U.S. benchmark West Texas Intermediate fell below $100 per barrel. Shares of oil giant Chevron dropped 2.6%.Consumer discretionary stocks, which have been among the worst performers in recent weeks, helped the market recover from its lows of the session. Amazon and Nike gained more than 3%, while Target rose 2.3%. Cheaper oil prices could be a boost for these stocks as consumers adjust their spending patterns amid high inflation.
โToday's Headlines
- Wrong time to get bullish: Top investor warns deflating tech โbubbleโ far from over.โThe two certainties in this world of uncertainty today is that profits growth is going to continue to slow and liquidity is going to continue to tighten,โ the firmโs deputy chief investment officer told CNBCโs โFast Moneyโ on Tuesday. โThatโs not a good environment to be jumping into these speculative bubble stocks.โ
- Ford Motorโ Shares of thecarmaker dropped 1% and hit a new 52-week lowafter the company reported a slight increase in new vehicle sales for the second quarter that missed automotive analystsโ expectations. The company said sales rose 1.8% to 483,688 new vehicles in the second quarter compared to a year earlier. Analysts expected the Detroit automakerโs sales to rise between 3.3% and 5.1%.
- HP Inc.โ Shares of HP slipped 1%after Evercore ISI downgraded the stockto in line from outperform as the company grapples with a difficult PC market ahead.
- Stellantisโ Shares of the automaker formerly known as Fiat Chrysler fell 5.6% after a Union workers report said the companyโs Italy-based production could take a hit of about 220,000 vehicles this year thanks to the global chip shortage. Stellantis produced about 14% fewer vehicles in the first half of this year compared to the same period a year ago.
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Stay safe and good luck with your investing!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Thanks @Daily_Discussion for your wonderful Tiger Coins. Congratulations to all my Dear Tiger Friends who have also shared their brilliant trading ideas.
In every market whether it is Bull or Bear, there is always good trading opportunities to make money. It is exciting to unearth these opportunities which is like finding treasure. But thanks to all my Dear Tiger Friends, we can always learn from each other.
To Our Joint Success and Wealth Creation! ๐๐๐๐๐๐๐๐๐๐๐๐๐ฐ๐ฐ๐ฐ
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