$Tiger Brokers(TIGR)$ For months that will be rough (like August, and most likely November too) I'm sticking with long term trades. Buy and hold, grab dividends on high strength companies that will survive a weak month.
$Tiger Brokers(TIGR)$ Totalled 170 trades in the month of Aug. Initiated 62 options trades and closed another 78 of them either through active closure or expiry at the end of contract date. Separately traded another 30 stocks for both long and short positions. Performance wise I'm down 9% for the month mainly due to a sharp 30% from both SMCI Stocks and sold puts which I held a large positions on. Rest of options trading are pretty profitable thereby minimising my loss.
$Tiger Brokers(TIGR)$ August - did about 45 trades opening and closing excluding those expired worthless option contracts. The best bet was on SMCI on the day it had the big dip when they were investigated for irregularities in their earning reports. Made 65% in a day swing trade. So far this month is up about 9% according to Tiger's analysis.
🎁Check All Time High Winners in August with Market-cap over $100 Billion
August was a month of correction at the beginning of the month and rebound from the lows for the US stock market.The $S&P 500(.SPX)$ is approaching the record high set in July,The $DJIA(.DJI)$ has surpassed the record high in July, while the $NASDAQ(.IXIC)$.As September approaches, people are beginning to worry that the market in September will be more volatile and pessimistic.Read More: Weekly: Jobs report kicks off a new month, Wall Street is bracing for a tough monthOf course, there are also some stocks that continue to perform very well in August and hit record highs.Below are some in
Summary U.S. equity markets climbed to record-highs while benchmark interest rates rebounded from eight-month lows on a relatively quiet end-of-summer week as investors parsed a 'Goldilocks' slate of economic data. PCE data showed modest inflationary pressures in July - keeping the Fed on course for multiple rate cuts by year-end - while consumer spending and consumer confidence data topped estimates. Posting gains for a fourth week following a three-week skid in late July, the S&P 500 gained another 0.3% this week. The Dow Jones finished the week at all-time record-highs. Real estate equities continued their recent outperformance this week on indications that the rate retreat will spark a revival across the long-floundering REIT sector. The Equity REIT Index advanced 0.4%. Billboard
$Costco(COST)$ 📈🎯💡 August's Market Mosaic: Winners, Losers, and Surprising Twists!💡🎯📈 Kia ora Tiger traders! August was a whirlwind for the S&P 500, with a market performance as colorful as a stock trader's dream chart! While tech titans either soared or stumbled, some unexpected pairings emerged as the month’s power couples. Let’s break down the heatmap highlights and find out who led, who lagged, and where the surprises lurked! 🎢 Tech vs. Communication Services: A Tale of Two Sectors 🎢 📉 Google's Red Day: GOOG (Google) saw its share price drop by -4.26%, thanks to the ongoing antitrust investigation that's got them feeling like they're on the Monopoly board's 'Go to Jail' square. Meanwhile, over in the tech corner, AAPL (Apple) +4.87%
Downward data revisions are the new normal: US retail sales have been revised down in the last 7 out of 9 months. This year alone, 4 months of retail sales data have been adjusted down by 0.2%-0.3%. In June, retail sales were revised down by 0.2 percentage points. First, the data comes in better than expected showing the economy is on track for a soft landing. Then the data is revised lower in the following month when attention has shifted to the new numbers. What is happening here?$S&P 500(.SPX)$
Hi everyone. Today I’ll be giving a monthly update on the S&P 500 ETF: SPDR S&P 500 ETF Trust (ARCA: SPY) This time round, I decided to take a simpler approach to analyse SPY. Let’s center our analysis around the “COVID-19 Trendline” (green channel) - a trend that has been intact since the COVID-19 lows in Mar’2020. SPY subsequently broke out of the green channel and had a markup in trend (yellow channel). After breaking down from the yellow channel, SPY retested the breakdown before trading in a descending channel (in red) with lower highs and lower lows. It found support at the green channel support before making a full recovery. SPY traded in the green channel for about a year or so before breaking out of consolidation into the next markup (in yellow). It was trading in this
Nvidia$NVIDIA Corp(NVDA)$ just closed the day back over a $3 Trillion market cap Apple$Apple(AAPL)$ just closed the day higher for the 9th day in a row
The VIX has shot up to all time high this month. The last time we see VIX at all time high was year 2008, 2009, 2011, 2020 and now 2024. Any purchases done during such 'fear' period is always a 'buy'. With yields starting to fall, the market is poise for a sharp rebound. Remove your fear and doubt, and buy some stocks. It is also a good time to rotate out of investments that is not moving into quality stocks.
LET’S RECAP: - Stock market saw BOTH its worst and best day in a year this week - S&P closes the week down just -0.04% - NASDAQ officially enters correction territory - U.S. recession confirmed by Sahm rule trigger - VIX skyrockets +280% to 65—near record high - S&P liquidity index drops worst since 1996 - Trump to be interviewed by Elon Musk on X Monday - SocGen: Investors unwind biggest carry trade ever (size of yen carry trade? $20 TRILLION!) - U.S. credit card debt hits record; delinquencies highest in over a decade - Canada’s youth unemployment jumps to 14.2%—unprecedented outside a crisis - U.S. debt reaches record +$35 trillion - Global central banks cut rates 35 times in 3 months—fastest since COVID - Japan's stock market sees 2nd-largest drop in history - U.S. recession od
In such times, increasing cash reserves becomes crucial. Holding sufficient cash during market volatility can help avoid forced selling during downturns and provide capital to seize opportunities when markets stabilize.
🚨CREDIT CARD DEBT HITS RECORD HIGH Americans owe $1.14 trillion—up +48% since COVID. Delinquencies hit a decade-high in Q2, with 10.93% of accounts 90+ days overdue. Borrowers are struggling the average credit card charging +20% —near an all-time high. Who can blame them?
$Tiger Brokers(TIGR)$ For months that will be rough (like August, and most likely November too) I'm sticking with long term trades. Buy and hold, grab dividends on high strength companies that will survive a weak month.
🎁Check All Time High Winners in August with Market-cap over $100 Billion
August was a month of correction at the beginning of the month and rebound from the lows for the US stock market.The $S&P 500(.SPX)$ is approaching the record high set in July,The $DJIA(.DJI)$ has surpassed the record high in July, while the $NASDAQ(.IXIC)$.As September approaches, people are beginning to worry that the market in September will be more volatile and pessimistic.Read More: Weekly: Jobs report kicks off a new month, Wall Street is bracing for a tough monthOf course, there are also some stocks that continue to perform very well in August and hit record highs.Below are some in
$Costco(COST)$ 📈🎯💡 August's Market Mosaic: Winners, Losers, and Surprising Twists!💡🎯📈 Kia ora Tiger traders! August was a whirlwind for the S&P 500, with a market performance as colorful as a stock trader's dream chart! While tech titans either soared or stumbled, some unexpected pairings emerged as the month’s power couples. Let’s break down the heatmap highlights and find out who led, who lagged, and where the surprises lurked! 🎢 Tech vs. Communication Services: A Tale of Two Sectors 🎢 📉 Google's Red Day: GOOG (Google) saw its share price drop by -4.26%, thanks to the ongoing antitrust investigation that's got them feeling like they're on the Monopoly board's 'Go to Jail' square. Meanwhile, over in the tech corner, AAPL (Apple) +4.87%
Summary U.S. equity markets climbed to record-highs while benchmark interest rates rebounded from eight-month lows on a relatively quiet end-of-summer week as investors parsed a 'Goldilocks' slate of economic data. PCE data showed modest inflationary pressures in July - keeping the Fed on course for multiple rate cuts by year-end - while consumer spending and consumer confidence data topped estimates. Posting gains for a fourth week following a three-week skid in late July, the S&P 500 gained another 0.3% this week. The Dow Jones finished the week at all-time record-highs. Real estate equities continued their recent outperformance this week on indications that the rate retreat will spark a revival across the long-floundering REIT sector. The Equity REIT Index advanced 0.4%. Billboard
$Tiger Brokers(TIGR)$ August - did about 45 trades opening and closing excluding those expired worthless option contracts. The best bet was on SMCI on the day it had the big dip when they were investigated for irregularities in their earning reports. Made 65% in a day swing trade. So far this month is up about 9% according to Tiger's analysis.
$Tiger Brokers(TIGR)$ Totalled 170 trades in the month of Aug. Initiated 62 options trades and closed another 78 of them either through active closure or expiry at the end of contract date. Separately traded another 30 stocks for both long and short positions. Performance wise I'm down 9% for the month mainly due to a sharp 30% from both SMCI Stocks and sold puts which I held a large positions on. Rest of options trading are pretty profitable thereby minimising my loss.
US Stock Plunge? Look to Treasuries & Volatility Index
The US stock market saw a massive sell-off on Thursday, with the $DJIA(.DJI)$ and $S&P 500(.SPX)$ plunging over 1%, reflecting market panic.This sell-off was fueled by two troubling data points: the initial jobless claims for the week of July 27 hit 249,000, higher than the expected 236,000 and previous 235,000, jumping to the highest level in a year. Meanwhile, the US July ISM Manufacturing PMI came in at 46.8, significantly below forecasts of 48.8 and June's 48.5, marking the steepest contraction in eight months, intensifying fears of an economic recession in the US.Tim Ghriskey, a senior portfolio strategist, noted that the ISM-driven selling is highly contagious. While the earnings season might br
Hi everyone. Today I’ll be giving a monthly update on the S&P 500 ETF: SPDR S&P 500 ETF Trust (ARCA: SPY) This time round, I decided to take a simpler approach to analyse SPY. Let’s center our analysis around the “COVID-19 Trendline” (green channel) - a trend that has been intact since the COVID-19 lows in Mar’2020. SPY subsequently broke out of the green channel and had a markup in trend (yellow channel). After breaking down from the yellow channel, SPY retested the breakdown before trading in a descending channel (in red) with lower highs and lower lows. It found support at the green channel support before making a full recovery. SPY traded in the green channel for about a year or so before breaking out of consolidation into the next markup (in yellow). It was trading in this
I. Performance of Global Equity Indices (in US dollars) Data source: Bloomberg, compiled by Tiger Brokers II. Key Market Themes i. Market Recap: Japan and South Korea plummet, US stocks plunge, panic sweeps the globe, what happened to the market? Recently, frequent black swan events worldwide have triggered severe fluctuations in the global capital markets. Among them, US tech stocks, Japanese, and South Korean stocks in the Asia-Pacific region were hit the hardest, leading the global decline. On August 5th, the Nikkei 225 index plummeted more than 12% in a single day, setting a record for the largest single-day drop in history. Firstly, the Bank of Japan raised interest rates again and unexpectedly tightened monetary policy, causing a global repatriation of yen carry traders, putting sig
Election Year Makes This Summer Different: More Volatility?
Hi Tigers,The U.S. stock market closed out a bumpy July marked by election turmoil, interest-rate uncertainty and disappointing earnings that took megacap technology names on a roller-coaster ride.How was your trading performances?History suggests August has emerged as one of the best months of a presidential election year, on average.However, the average spike in Wall Street’s ‘fear gauge’ has been higher in the third quarter than any other quarter.PHOTO: GETTY IMAGES/ISTOCK1. Summer is the strongest period for the U.S. stock market in a presidential election year.If history is any guide, the so-called Magnificent Seven could stage a comeback as the calendar turns to August — but beware that the market is in the midst of an exceptional rotation, so relying on seasonality alone as a timing
Midday: US stocks rose, Nasdaq rose 440 points, the market awaited the results of the Fed meeting
U.S. stocks rose in midday trading on Wednesday, led by technology stocks. The Nasdaq and the US Federal Reserve rose sharply. Investors are analyzing the latest financial reports of Microsoft and AMD and preparing for the Federal Reserve's monetary policy decision. The number of private employment in the United States increased by 122,000 in July, lower than market expectations. The Dow Jones Industrial Average rose 255.14 points, or 0.63%, to 40,998.47 points; the Nasdaq rose 436.94 points, or 2.55%, to 17,584.35 points; and the S&P 500 rose 90.42 points, or 1.66%, to 5,526.86 points. Today is the last trading day of July. Wall Street will also end a turbulent trading month. So far this month, the Dow and the Russell 2000 small-cap index have risen by more than 4% and 9%, the Nasdaq
U.S. stock markets have been volatile recently, especially after $Tesla (TSLA)$ and $Google (GOOG)$ earnings fell short of expectations, with $S&P 500(.SPX)$ and $Nasdaq (.IXIC)$ indices plunged 2.3% and 3.6%, respectively, on July 24, marking their biggest one-day declines since 2022.This phenomenon triggered widespread concern and market panic.At the same time, commodity prices such as copper and crude oil also continued to weaken, creating a situation in which risky assets fell across the board.Market concerns about the U.S. economy falling into recession have increased, but
Downward data revisions are the new normal: US retail sales have been revised down in the last 7 out of 9 months. This year alone, 4 months of retail sales data have been adjusted down by 0.2%-0.3%. In June, retail sales were revised down by 0.2 percentage points. First, the data comes in better than expected showing the economy is on track for a soft landing. Then the data is revised lower in the following month when attention has shifted to the new numbers. What is happening here?$S&P 500(.SPX)$