๐ฅKey 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.
(NOTE: Comments posted under this article WILL NOT be counted)
2.You will be given 5 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?
[Winners Announcement: 8 May]
1.Here are the 9 Tigers whose post has the best quality & interaction last Friday: @Blinkfans @ToughCoyote @JC888 @pekss @ZEROHERO @bs6969 @LMSunshine @NAI500 @Ryan_Z0528
Congratulations on being offered 50 Tiger Coins!โ
Crash one day, rally the next!
๐ค๐ญWhat Is A ๐ Buy Price For APPL๐โ
"Systemic Banking Crisis" not end yet, will follow to short?
2.Here are the stocks mentioned by the above Tigers: $Apple(AAPL)$ $First Republic Bank(FRCB)$ $Credit Suisse Group AG(CS)$ $MassMutual Participation Investors(MPV)$ $NVIDIA Corp(NVDA)$ $Advanced Micro Devices(AMD)$ (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
Despite a rally on Friday, the S&P 500 Index ended the week lower on comments from Federal Reserve Chair Jerome Powell that suggested a pivot to cutting rates might not occur as quickly as the market had hoped. Uneasiness surrounding the need to raise the U.S. debt ceiling may also have weighed on sentiment, as U.S. Treasury Secretary Janet Yellen notified congressional leaders in a letter that the agency might not be able to meet its debt obligations โpotentially as early as June 1.โ Within the S&P 500, the information technology sector fared the best and ended higher. Energy shares pulled back in sympathy with the price of West Texas Intermediate crude oil.
Over the weekend, regulators took control of California-based First Republic Bank, which, like Silicon Valley Bank and Signature Bank, had struggled with large deposit outflows. JPMorgan Chase acquired most of the failed bankโs assets, and deposits not covered by federal insurance did not suffer losses. The regional banks subsector in the S&P 500 experienced significant volatility during the week, reflecting concerns about the potential for additional bank failures and the credit pressures that could arise if the economy slows and unemployment increases.
Futurs&Commodity
OIL prices rose slightly in early Asian trade on Monday as fears of a recession in the US, which drove prices down for three straight weeks for the first time since November, began to recede.Brent crude futures were up 6 cents at US$75.36 a barrel at 0022 GMT. US West Texas Intermediate (WTI) crude futures were up 8 cents at US$71.42. $WTI Crude Oil - main 2306(CLmain)$
Gold price is aiming to extend its recovery above $2,020.00 as US NFP report seems less supportive of hawkish Fed bets. $Gold - main 2306(GCmain)$
The week ahead:May 8-12
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Previously:
When buying the dip, my strategy is to just buy a few at a time, so that if price drops further you'll have enough money to keep doing it all the way down.
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๐๐๐Happy Monday! The start of a brand new week filled with promise and optimism for a great week ahead! Let's find our winning trades ๐๐๐๐๐๐๐๐๐๐ฐ๐ฐ๐ฐ๐๐๐
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