π₯[REWARDS]6 Things to Know Before Your TradesοΌ18th Aug)
Hi, Tigers!
Welcome to Daily Discussion! This is the place for you to share your trading ideas and win coins!
[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?
[Winners Announcement: 17th Aug]
1.Here are the 12 Tigers whose post has the best quality & interaction yesterday:@LMSunshine @koolgal @Venus_M @Bunifa Latif@Omega88 @SirBahamut @amroui @highhand @Ultrahisham @Big Cat@pekss @SR050321
Bidenβs Bill will Encourage βCleanβVehicles But Lithium Stocks Are Temporarily Down Now.
I am bullish on $SPDR Portfolio S&P 500 Value ETF(SPYV)$
2.Here are the stocks mentioned by the above Tigers:$Piedmont Lithium Ltd(PLL)$ $Sociedad Quimica Y Minera De Chile SA(SQM)$ $SPDR Portfolio S&P 500 Value ETF(SPYV)$ $Vinco Ventures, Inc.(BBIG)$ $KEPPEL DC REIT(AJBU.SI)$ (Not investment advice)
And let's congratulate these Tigers for winning 10-50 Coins:
β
βBelow are Today's Key Takeaways.
Top News Move the Market
Wednesday Afternoon Market Recap
- The Dow Jones Industrial Average shed 171.69 points, or 0.5%, to close at 33,980.32. The S&P 500 slid 0.72% to close at 4,274.04, while the Nasdaq Composite tumbled 1.25% to 12,938.12.
- Bond yields also rose, with the 10-year Treasury note up about 7 basis points at 2.9% as recessionary fears and uncertainty regarding the Fedβs rate-hiking path persisted. The move dragged down growth stocks like tech.
- Shares of Apple rose Wednesday, bucking a broader decline in tech stocks, with the Nasdaq Composite the worst performing of the major averages. The tech-heavy index is down 1.2%.
Today's Headlines
- Apple is down just 1% this year, outpacing other mega-cap tech stocks such as Amazon and Alphabet, which are down nearly 15% and 17% over the same time period.Itβs also up nearly 28% in the current quarter, and roughly 4% off its all-time high.Some investors expect that Apple will continue to fare better than its rivals during a period of rising interest rates and high inflation. Apple expects that iPhone sales will remain strong, even as slowing consumer demand hurts global smartphone sales.
- Cisco β Shares of the networking company advanced more than 3% following Ciscoβs fiscal fourth-quarter results. The company earned 83 cents per share excluding estimates, which was one cent above what analysts surveyed by Refinitiv were expecting. Revenue also topped expectations, coming in at $13.1 billion compared with the average estimate of $12.73 billion.
- Wolfspeed β Wolfspeed shares jumped 17% in late trading Wednesday following the companyβs fiscal fourth-quarter results. Wolfspeed lost 2 cents per share excluding items, which was less than the 10-cent per share loss analysts surveyed by Refinitive were expecting. The chip company posted revenues of $229 million, ahead of the $208 million estimate.
Or tag the topic when you make a post
βShare your ideas on the trading opportunities or the market trends, and you will win coins!
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.
Hurray! The God of Fortune is shining on us again as the Singapore Market is up!
@Daily_Discussion Thanks for your generosity once again with your bounty of Tiger Coins. Congratulations to all my Dear Tiger Friends who have shared their wonderful trading ideas.
Let's energise and trade with optimism and good cheer! ππππππππππππ°π°π°πππ
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