๐Key events in the coming week, share your trading plans!
Hi, Tigers!
Welcome to Daily Discussion! This is the place for you to share your trading ideas and win coins!
[Rewards]
We will reward you with 50 Tiger Coins when you share your knowledge about stocks and markets here, depending on quality and originality.
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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?
[Winners Announcement: 16 Apr]
1.Here are the 6 Tigers whose post has the best quality & interaction last Friday: @SR050321 @ๅธๆ2023 @ZEROHERO @JC888 @ToughCoyote @Optionspuppy
Congratulations on being offered 50 Tiger Coins!โ
Jardine C&C for long term or short term ?
Google's Cloud TPU v4 Outperforms Nvidia A100 in AI Chip Market
What To Expect From Financial Sectorโs Earnings: Trade SPY Or QQQ?
2.Here are the stocks mentioned by the above Tigers: $OVERSEA-CHINESE BANKING CORP(O39.SI)$ $UNITED OVERSEAS BANK LIMITED(U11.SI)$ $JARDINE CYCLE & CARRIAGE LTD(C07.SI)$ $DBS GROUP HOLDINGS LTD(D05.SI)$ $NVIDIA Corp(NVDA)$ $Alphabet(GOOG)$ $SPDR S&P 500 ETF Trust(SPY)$ (Not investment advice)
And let's congratulate these Tigers for winning 5-40 Coins:
Below are Today's Key Takeaways.
Top News Move the Market
โEarnings calendar
โGlobal Markets Weekly Update
The major benchmarks ended the week higher, as investors weighed slowing growth signals against signs that inflation pressures were receding a bit more than expected. Materials and industrials shares outperformed within the S&P 500 Index. Technology shares lagged, weighed down in part by a decline in graphics and artificial intelligence chipmaker NVIDIA, which continued a recent retreat from a 52-week high.
Volumes picked up but remained muted for much of the week, as investors waited for the unofficial start of quarterly earnings season on Friday, kicked off by reports from banking giants JPMorgan Chase, Wells Fargo, and Citigroup. All three topped consensus estimates, seemingly helped in part by customers moving deposits from smaller, regional banks, which have come under scrutiny following the collapse last month of Silicon Valley Bank and New York-based Signature Bank.
At the end of the week, analysts polled by FactSet were expecting overall earnings for the S&P 500 to have contracted 6.5% on a year-over-year basis in the first quarter. Despite the banking turmoil, earnings in the financials sector were expected to increase moderately.
The most highly anticipated event of the week may have been the Labor Departmentโs Wednesday morning release of the consumer price index (CPI) for March. Stocks jumped on the news that the CPI rose only 0.1%, a tick below expectations, bringing the year-over-year rate to 5.0%, the slowest pace since May 2021.
Futurs&Commodity
Gold price looks vulnerable above $2,000.00 as Fed to raise rates further.US equities are expected to remain stock-specific amid quarterly results season.
Natural Gas price fades bounce off the lowest levels since August 2020.Bullish MACD signals, short-term SMA confluence puts a floor under the Natural Gas price.
The week ahead:Apr 17-21
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๐๐๐Happy Monday! The Start of a Beautiful New Week ahead! Let's find our winning trades today ๐๐๐๐๐๐๐๐๐๐ฐ๐ฐ๐ฐ๐๐๐
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