To The Moon

US Credit Rating Downgraded - Nothing to Worry [Surprised] [Surprised] [Surprised] [Surprised] [Surprised] [Surprised]  The downgrade was influenced by multiple factors. One of these factors was the government's failure to control expenditure, resulting in the need to raise the debt limit multiple times. This trend has eroded confidence in the government's fiscal responsibility. Additionally, a significant contributing factor was the increasing government deficits. Fitch foresees these deficits continuing to expand over the next two years. The rising expenses are primarily driven by the aging population, leading to increased healthcare costs for the elderly. Regrettably, there has been a lack of fiscal policy reforms to address this issue. Furthermore, Fitch p

Thanks to Tiger for awarding the weekly top predictions for SPY this week. Again, it’s a reminder of the August weakness - first with the Fitch rating downgrade followed by AAPL unfavourable earnings leading the way downhill to Friday’s close. Join me to take some puts to profit next week 🤩 63% gain taking SPX calls at open and puts towards market close from the rapid sell offs. Better to avoid swinging calls and employ options scalping strategy for safety sake 😎 It's probably not a coincidence that the stock market had a difficult week, with the S&P 500 dropping 2.3%, the Dow Jones Industrial Average falling 1.1%, and the Nasdaq Composite dipping 2.8%. The S&P 500, after all, entered the week up 28% from its bear-market low in October, and strategists, many caught off guard

Hard choice  ... Why to choice , ... Never DCA? 

Growth Stock (growth stock) is a stock with a high price (good stock, expensive price), viewed from the price-to-earnings ratio. (Price/Earnings Ratio :P/E) High Price /Book Value Ratio :P/BV) High *** Book value per share = Equity of ordinary shareholders (Baht) / number of issued and paid-up shares

Big-Tech’s PerformanceIt is a week of pullback, although most companies recorded beat in earnings season, there were differences in performance between individual stocks, which was unexpected by investors.As of the close on August 3rd (excluding August 4th), the strongest performer of the week was $Amazon.com(AMZN)$ which performed well after its earnings report and rose 6.02%. The other companies all experienced a retreat, with $Tesla Motors(TSLA)$ down 2.23%, $Alphabet(GOOG)$ down 2.42%, $Microsoft(MSFT)$ down 2.65%, $Meta Platforms, Inc.(META)$ down 3.45%,

It could be fintech is being affected by the implementation of AI technologies though a subcategory of fintech, AI alone is able to cut through the field of people innovating new idead. Therefore cutting the need for human input 

Despite the overall volatility in the cryptocurrency market during Q2, $Coinbase Global, Inc.(COIN)$ reported better Q2 earnings results , crypto market fluctuations and regulatory uncertainties wasn't as significant as anticipated. The company's overall performance, including both losses and revenue, outperformed expectations.Q2 ReviewTrading volume declined from $145 billion in Q1 to $92 billion, also lower than last year's Q2 volume of $217 billion. Revenue reached $708 million, surpassing the market's expected $638 million, though it decreased by 12% compared to the previous quarter's $736 million. Trading revenue dropped from $374.7 million in the previous quarter to $327.1 million but still fared better than the expected $285 million. This d

Hi I'm new to trading 

$Amazon.com(AMZN)$ Q2 earnings seems truly remarkable, making a big splash. SummaryCore e-commerce business performed exceptionally well despite the inflationary environment, surpassing market expectations and regaining growth momentum. Particularly noteworthy was the impressive performance of the third-party retail segment, which shone even brighter after price adjustments, and the offline stores crossed the $5 billion mark for the first time. Similar to $Alphabet(GOOG)$ and $Meta Platforms, Inc.(META)$ , Amazon's advertising business also performed exceptionally well, exceeding expectations and surpassing $100 billion in revenue for the first time, becoming the

As I sit down to analyze the influence of Fitch's downgrade, I can't help but wonder about the potential implications it may have on the financial landscape. The recent downgrade of the United States' credit rating by Fitch Ratings is undoubtedly a matter of concern for investors and policymakers alike. First and foremost, such a downgrade can lead to increased borrowing costs for the US government. With a lower credit rating, investors may demand higher interest rates on US Treasury bonds and securities, making it more expensive for the government to finance its operations and manage its debt. Moreover, the downgrade could also trigger a ripple effect across global financial markets. As the US Treasury is considered a benchmark for safe-haven assets, any perceived increase in risk associa

Hi I'm new to trading 

Yes was badly affected!

What are the similarities and differences between the two downgrades of the U.S. bond rating in 2011 and 2023? $NASDAQ(.IXIC)$ was down 2.17% yesterday after Fitch downgraded U.S. bond rating. By contrast, in August 2011, the $S&P 500(.SPX)$  Index fell by nearly 7% after S&P's US rating downgrade. Although the two downgrades both caused more volatility in the market, the US economy faced different problems during these two periods. Similar economic conditions in 2011 and 2023 Before downgrades of the U.S. bond rating in 2011 and 2023, the government during both periods tended to increase public spending. Obama at that time advo

Great News for the market today. 

U.S. stocks pulled back on Wednesday, and $S&P 500(.SPX)$ pulled back 1.38%, the largest one-day correction since April 25th. Many short-selling targets rose sharply that night.The decline on Wednesday may be related to Fitch’s downgrade of the U.S. rating. Investors are worried about the U.S. credit crisis, financial deficit crisis, economic recession and other panic emotions. Also people are seeing the U.S. stock market has been rising for a while, and a healthy correction may be needed.Somehow the movement of the stock market is cyclical in nature. It is just not possible for the market to continue trending only in one direction.As of Wednesday's close, the $S&P 500(.SPX)$ closed slightly lower

Fitch Ratings downgraded its US debt rating on Tuesday from the highest AAA rating to AA+, citing "a steady deterioration in standards of governance," and it expects the US fiscal situation to continue deteriorating over the next three years. On Wednesday, US stocks closed lower, with the Nasdaq experiencing its largest single-day decline since February, led by a downturn in technology stocks.Why would downgrade affect stocks and Treasuries? What about US dollar? How do they affect each other? How will market move when one of them changes?Let’s learn about the major assets and their relationship!1. Three major factors affect US stocks: earnings, risk-free interest rate, and risk appetiteThese three factors are also referred to as the numerator (earnings) and the denominator (interest rates

Entering August is the time window when the US market was expected to enter high risks.At present, although the economic data of the United States is still strong, the bearish voice of the market has gradually disappeared. Therefore, if some unexpected events happen in the future, it may lead to the overall correction of the market, so we must pay attention to it.The biggest news over the weekend was that Moscow was hit by Ukrainian drones. Although Russia has not responded with further actions, it is hard to say that things will not get worse. If the incident intensifies, pushing up oil prices and CPI rises again, will the trend come again as last year?First, the highlights of the US stock indexExcluding emergencies, the United States will meet non-agricultural data. The highlight of this

U.S. stock futures fell Wednesday after Fitch downgraded the long-term rating for the U.S. and traders continued to assess the latest batch of second-quarter earnings results.Private sector companies added far more jobs than expected in July, pushed higher by a boom in leisure and hospitality jobs, payroll processing firm ADP reported Wednesday.Job gains for the month totaled 324,000, driven by a 201,000 jump in hotels, restaurants, bars and affiliated businesses. That total was well above the Dow Jones consensus estimate for 175,000, though it marked a decrease from the downwardly revised 455,000 in June.Market SnapshotAt 8:20 a.m. ET, Dow e-minis were down 102 points, or 0.29%, S&P 500 e-minis were down 21 points, or 0.46%, and Nasdaq 100 e-minis were down 107.25 point

Can AI predicts Fitch's analysis B4 it issues the rating ❓ Possible ❗❗❗Big fishes like Elon Musk have the capability. My guess 🤔

I am certain everyone would have learnt about rating agency Fitch’s downgrade of US credit rating from a respectable “AAA” to “AA+” (meh!) by now. How “timely”. It rattled the US market to a certain extent (I like to believe). By the time market closed on 01 Aug 2023: DJIA: +0.20% (+71.15 to 35,630.68). Only index in the “green” zone. S&P 500: -0.27% (-12.23 to 4,576.73). Nasdaq: -0.43% (-62.11 to 14,283.91). It wasn’t too long ago on 09 Mar 2022 that S&P Global has affirmed US credit rating as between AA+/A-1+ (see above). This is a “worse” rating than AA+ (to me). To be fair, on 25 May 2023 (barely 3 months ago), Fitch has already warned about cutting US credit rating (see above). To have both Media and Treasury Secretary, Janet Yellen feigning puzzlement & injustice, i

Fitch Ratings downgraded its US debt rating on Tuesday from the highest AAA rating to AA+, citing "a steady deterioration in standards of governance," and it expects the US fiscal situation to continue deteriorating over the next three years. On Wednesday, US stocks closed lower, with the Nasdaq experiencing its largest single-day decline since February, led by a downturn in technology stocks.Why would downgrade affect stocks and Treasuries? What about US dollar? How do they affect each other? How will market move when one of them changes?Let’s learn about the major assets and their relationship!1. Three major factors affect US stocks: earnings, risk-free interest rate, and risk appetiteThese three factors are also referred to as the numerator (earnings) and the denominator (interest rates

$Amazon.com(AMZN)$ Q2 earnings seems truly remarkable, making a big splash. SummaryCore e-commerce business performed exceptionally well despite the inflationary environment, surpassing market expectations and regaining growth momentum. Particularly noteworthy was the impressive performance of the third-party retail segment, which shone even brighter after price adjustments, and the offline stores crossed the $5 billion mark for the first time. Similar to $Alphabet(GOOG)$ and $Meta Platforms, Inc.(META)$ , Amazon's advertising business also performed exceptionally well, exceeding expectations and surpassing $100 billion in revenue for the first time, becoming the

U.S. stocks pulled back on Wednesday, and $S&P 500(.SPX)$ pulled back 1.38%, the largest one-day correction since April 25th. Many short-selling targets rose sharply that night.The decline on Wednesday may be related to Fitch’s downgrade of the U.S. rating. Investors are worried about the U.S. credit crisis, financial deficit crisis, economic recession and other panic emotions. Also people are seeing the U.S. stock market has been rising for a while, and a healthy correction may be needed.Somehow the movement of the stock market is cyclical in nature. It is just not possible for the market to continue trending only in one direction.As of Wednesday's close, the $S&P 500(.SPX)$ closed slightly lower

Thanks to Tiger for awarding the weekly top predictions for SPY this week. Again, it’s a reminder of the August weakness - first with the Fitch rating downgrade followed by AAPL unfavourable earnings leading the way downhill to Friday’s close. Join me to take some puts to profit next week 🤩 63% gain taking SPX calls at open and puts towards market close from the rapid sell offs. Better to avoid swinging calls and employ options scalping strategy for safety sake 😎 It's probably not a coincidence that the stock market had a difficult week, with the S&P 500 dropping 2.3%, the Dow Jones Industrial Average falling 1.1%, and the Nasdaq Composite dipping 2.8%. The S&P 500, after all, entered the week up 28% from its bear-market low in October, and strategists, many caught off guard

Despite the overall volatility in the cryptocurrency market during Q2, $Coinbase Global, Inc.(COIN)$ reported better Q2 earnings results , crypto market fluctuations and regulatory uncertainties wasn't as significant as anticipated. The company's overall performance, including both losses and revenue, outperformed expectations.Q2 ReviewTrading volume declined from $145 billion in Q1 to $92 billion, also lower than last year's Q2 volume of $217 billion. Revenue reached $708 million, surpassing the market's expected $638 million, though it decreased by 12% compared to the previous quarter's $736 million. Trading revenue dropped from $374.7 million in the previous quarter to $327.1 million but still fared better than the expected $285 million. This d

Big-Tech’s PerformanceIt is a week of pullback, although most companies recorded beat in earnings season, there were differences in performance between individual stocks, which was unexpected by investors.As of the close on August 3rd (excluding August 4th), the strongest performer of the week was $Amazon.com(AMZN)$ which performed well after its earnings report and rose 6.02%. The other companies all experienced a retreat, with $Tesla Motors(TSLA)$ down 2.23%, $Alphabet(GOOG)$ down 2.42%, $Microsoft(MSFT)$ down 2.65%, $Meta Platforms, Inc.(META)$ down 3.45%,

As we have seen how market have reacted when the news of Fitch downgrade of US credit ratings happen. Asian markets are trading in the red on 02 Aug 2023 and U.S. market also suffered with Dow Jones losing 0.98%, S&P 500 losing 1.38%. Nasdaq have suffered the biggest hit of 2.17%. In this article, I would like to share the significance of credit ratings, the potential reasons for a downgrade, and how we as investors can navigate the situation. Fitch Ratings, one of the leading credit rating agencies, plays a crucial role in assessing the creditworthiness of countries and corporations. As an investor, it u=is essential for us to understand the implications of Fitch's downgrade of US credit ratings and the potential impacts on financial markets. Understanding Credit Ratings Credit rati

What are the similarities and differences between the two downgrades of the U.S. bond rating in 2011 and 2023? $NASDAQ(.IXIC)$ was down 2.17% yesterday after Fitch downgraded U.S. bond rating. By contrast, in August 2011, the $S&P 500(.SPX)$  Index fell by nearly 7% after S&P's US rating downgrade. Although the two downgrades both caused more volatility in the market, the US economy faced different problems during these two periods. Similar economic conditions in 2011 and 2023 Before downgrades of the U.S. bond rating in 2011 and 2023, the government during both periods tended to increase public spending. Obama at that time advo

Entering August is the time window when the US market was expected to enter high risks.At present, although the economic data of the United States is still strong, the bearish voice of the market has gradually disappeared. Therefore, if some unexpected events happen in the future, it may lead to the overall correction of the market, so we must pay attention to it.The biggest news over the weekend was that Moscow was hit by Ukrainian drones. Although Russia has not responded with further actions, it is hard to say that things will not get worse. If the incident intensifies, pushing up oil prices and CPI rises again, will the trend come again as last year?First, the highlights of the US stock indexExcluding emergencies, the United States will meet non-agricultural data. The highlight of this

U.S. stock futures fell Wednesday after Fitch downgraded the long-term rating for the U.S. and traders continued to assess the latest batch of second-quarter earnings results.Private sector companies added far more jobs than expected in July, pushed higher by a boom in leisure and hospitality jobs, payroll processing firm ADP reported Wednesday.Job gains for the month totaled 324,000, driven by a 201,000 jump in hotels, restaurants, bars and affiliated businesses. That total was well above the Dow Jones consensus estimate for 175,000, though it marked a decrease from the downwardly revised 455,000 in June.Market SnapshotAt 8:20 a.m. ET, Dow e-minis were down 102 points, or 0.29%, S&P 500 e-minis were down 21 points, or 0.46%, and Nasdaq 100 e-minis were down 107.25 point

U.S. Downgrade Sparks Selloff in Stocks and Bonds U.S. stocks and bonds suffered a wave of selling after America’s credit downgrade, sending Treasury yields to the highest levels of the year and major indexes toward their worst session in months. The $S&P 500(.SPX)$  fell 1.4%, while the tech-heavy $NASDAQ(.IXIC)$  lost 2.2%, its worst one-day performance since February. The $DJIA(.DJI)$ shed 348 points, or 1%, dragged down by shares of Intel and Microsoft. The declines followed a global selloff in markets in Europe and Asia. The yield on the 10-year Treasu

Why rating agency downgraded America now?• A broken US political system and• The nation physical planOn 02 August, Fitch Ratings cut its US debt rating from AAA to AA+, citing a steady deterioration in standards of governance. The rating agency has also downgraded mortgage giants Fannie and Freddie from AAA to AA+, expecting other insurance group should be affected as well.Fitch decided to remove America’s perfect credit rating, expressed concern about large and growing fiscal deficits and the mounting cost to finance US debt as interest rates rise, and is defending its controversial decision to downgrade the US credit rating by pointing to the nation’s mountain of debt.“The numbers speak for themselves,” Richard Francis, the lead analyst on US sovereign ratings at Fitch, told CNN. America

US Credit Rating Downgraded - Nothing to Worry [Surprised] [Surprised] [Surprised] [Surprised] [Surprised] [Surprised]  The downgrade was influenced by multiple factors. One of these factors was the government's failure to control expenditure, resulting in the need to raise the debt limit multiple times. This trend has eroded confidence in the government's fiscal responsibility. Additionally, a significant contributing factor was the increasing government deficits. Fitch foresees these deficits continuing to expand over the next two years. The rising expenses are primarily driven by the aging population, leading to increased healthcare costs for the elderly. Regrettably, there has been a lack of fiscal policy reforms to address this issue. Furthermore, Fitch p

As I sit down to analyze the influence of Fitch's downgrade, I can't help but wonder about the potential implications it may have on the financial landscape. The recent downgrade of the United States' credit rating by Fitch Ratings is undoubtedly a matter of concern for investors and policymakers alike. First and foremost, such a downgrade can lead to increased borrowing costs for the US government. With a lower credit rating, investors may demand higher interest rates on US Treasury bonds and securities, making it more expensive for the government to finance its operations and manage its debt. Moreover, the downgrade could also trigger a ripple effect across global financial markets. As the US Treasury is considered a benchmark for safe-haven assets, any perceived increase in risk associa

🟩🟩 Welcome to The Investing Iguana, the show where we make sense of finance and investing in the crazy world of markets. Join your host, Iggy, as he discusses the recent shocking event: the US credit rating downgrade by Fitch Ratings. Discover how this downgrade may impact the US economy and your stocks. Buckle up for insights and analysis in this episode! 🟡TIMESTAMP 0:00 - Introduction and channel welcome 0:48 - Explanation of credit ratings 2:20 - Importance of credit ratings for investors 3:40 - Fitch's downgrade announcement 5:15 - Market reactions to the downgrade 6:35 - Impact on US stocks and economy 7:40 - Effects on foreign stocks and portfolios 8:50 - Investing strategies post-downgrade 9:24 - Conclusion and channel sign-off 🔔 Make sure to SUBSCRIBE and turn on notifications,

🌟🌟🌟The Bear is back as US stocks hit a Sell off mode today as a result of Fitch downgrading the US from AAA to AA +.   I believe $Apple(AAPL)$  will drop after its earnings report today and voted Flat.  Apple's share price closed down 1.55% at USD 192.58.  It had a great run as it is up 54% year todate. According to Refinitiv, Apple may report a 1.6% drop  in total quarterly revenue, its steepest drop in 3rd quarter revenue since 2016.  iPhone sales may fall more than 2% for the quarter amidst a slow down in global economy.  Nonetheless Wall Street Analysts are bullish on Apple with a Strong Buy Rating.  Even though I am Bearish on Apple in the short term, I am definitely

Growth Stock (growth stock) is a stock with a high price (good stock, expensive price), viewed from the price-to-earnings ratio. (Price/Earnings Ratio :P/E) High Price /Book Value Ratio :P/BV) High *** Book value per share = Equity of ordinary shareholders (Baht) / number of issued and paid-up shares

It could be fintech is being affected by the implementation of AI technologies though a subcategory of fintech, AI alone is able to cut through the field of people innovating new idead. Therefore cutting the need for human input 

Do you agree with Fitch Ratings downgrading the US to AA+? @TigerGpt TigerGPT，your new investing superpower Click to learn more