Premium Learn weekly review (Apr. 17 to Apr. 21)
Dear premium group members, please check out the review of this week's premium content. There are still three parts, "market trends", "hot topics" and "privileged courses".
The content of the post is a bit too much, it takes about 5 minutes or more to read. If you are only interested in a certain part of the content, you can slide directly to the corresponding position to read.
I. Market Trends 🌊
This week, U.S. stocks were generally shaken as more forward-looking employment and economic data came out. This week's performance of the three major U.S. stock indices as of 18:00 p.m. SGT on April 21: S&P 500 down 0.19%, Nasdaq Composite down 0.53%, Dow Jones up 0.29%.![]()
Employment data: The U.S. Bureau of Labor released unemployment Insurance Claims and Unemployment Insurance Continued Claims on Thursday, with UI Claims numbering 245,000 and UI continued Claims 61,000 both exceeding market expectations. UI Claims and UI Continued Claims are statistics on last week's unemployment claims, which are more frequent and forward-looking than the non-farm payroll employment and unemployment data at the beginning of each month.
For further information on UI Claims data: Cici's Teaching Notes📒 Important U.S. Economic Data - Unemployment Insurance Weekly Claims
Economic data: March new home starts of 1.42 million slightly exceeded expectations, but pending home (second home) sales fell back, with 4.4 million pending home transactions in March, exceeding expectations for a 2.4% decline. Pending home sales account for a large share of market sales, and the indicator reflects the trend in the housing market. In addition, the Philadelphia Fed's manufacturing index also fell more than expected. The poor economic data all point to an economic slowdown, sparking market concerns.![]()
II. Hot Topics🔥
As we enter the first quarter of 2023 earnings season for U.S. stocks, bank stocks are leading the way with technology stocks.
As mentioned last week, we can focus on the "deposit loss" in the bank crisis in March, but the results were positive.![]()
The four largest U.S. banks absorbed more deposits from small and medium-sized banks during the banking crisis. The $KBW Nasdaq Bank Index(.BKX.US$ Bank Index is up 1.42% for the week so far. JPMorgan Chase, Wells Fargo, Citibank and Morgan Stanley all rose somewhat after the earnings release. But the rise in non-performing loans in a high interest rate environment is also likely to cause problems.![]()
This week, technology stocks Netflix, Tesla released a quarterly earnings report, Netflix $Netflix(NFLX.US$ quarterly user growth is less than expected, the next day after the earnings report, the share price fell more than 3%,and the company released second quarter earnings guidance is also lower than the market expectations.
Netflix we also analyzed in the Opportunity Mining course, link: moomoo.com/cour...
$Tesla(TSLA.US$Tesla's earnings were the most communicated topic among our premium group members this week, and the price-cutting strategy was reflected in profits: the first-quarter results were down significantly, with the company's operating profit down 26% to $2.664 billion. But as Musk believes: in the short term to sacrifice winning profits to aggressively fight for market share, the aim is to make more money when the company's cars are fully self-driving, and to earn additional revenue through the operation of "robot cabs" (robotaxis). Is it going the way he wants? We'll see.![]()
In terms of stock price, Tesla shares have fallen sharply after the first quarter earnings report, and have dropped 11.9% this week. Cathie Wood's investment firm, ARK, predicted a $2,000 share price for Tesla in 2027. It went on a buying spree on Thursday to buy 256,000 shares.![]()
Whether it is the right time to enter after the sharp drop in the stock price, you can pay attention to the indicators on the moomoo stock analysis page, or you can combine it with the chart patterns in the previous teaching to analyze.
Double top pattern identification: moomoo.com/cour...
III. Privileged courses📖
This week we updated a trading tutorial and an opportunity mining session respectively.
The trading tutorial we shared is a candle pattern Gravestone Doji. It is a top reversal signal. A reversal at the top occurs as the long term long position dominates and continues to rise without strength, and the short position dominates instead. When using it, be careful to confirm the reversal trend by closing the next candle line with a low gravestone doji.
Click this link to review the course→ moomoo.com/cour...
We have more than 20 partners in the group also find out the gravestone doji candle, pick a few to show.
For opportunity mining, we analyzed the recently popular luxury industry. Since last year, consumer confidence has rebounded, with higher income groups performing more optimistically, and this has been reflected in actual consumer spending: high-end spending has taken the lead in the rebound, and LV reported a 17% jump![]()
in sales in the first quarter, greatly exceeding market expectations.
Click on the link to review the course → moomoo.com/cour...
Next week's Premium Learn Calendar, pls check.
Thank you for your active participation and sharing, and welcome to exchange in the comments section. We will continue to bring you richer premium content next week🧡💙💛.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
Moomoo Learn Official Account
Sharing practical trading tutorials and opportunities to help you evolve into advanced investors!
5854Followers
503Following
11KVisitors
Follow
牛林 :
Steven Matt :
010101010 : So for Tesla, indicator says bullish but chart says double top meaning bearish?
Invest With CiciOP 010101010:
the two indicators are opposite
010101010 : I see what you mean by eg 10 different indicators and can only draw likely direction if majority point that way.
Invest With CiciOP 010101010: To add: chart patterns are relatively long predictions of future trends because of the large span of the period. Overbought and oversold indicators, on the other hand, reflect current data and market sentiment.
