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US Stock Market Review 13 - 17 May 2024
$Dow Jones Industrial Average(.DJI.US$ +1.24%, $S&P 500 Index(.SPX.US$+1.54%, $Nasdaq Composite Index(.IXIC.US$+2.12%. DJIclosed above the key 40,000 level for the first time ever.
Major economic data last week, CPI and retail sales showed weaker than expected result, ignited speculations that the economy is cooling, elevating chances for the Fed to cut rates in the next few months
Over 90% of the $S&P 500 Index(.SPX.US$ compa...
$Dow Jones Industrial Average(.DJI.US$ +1.24%, $S&P 500 Index(.SPX.US$+1.54%, $Nasdaq Composite Index(.IXIC.US$+2.12%. DJIclosed above the key 40,000 level for the first time ever.
Major economic data last week, CPI and retail sales showed weaker than expected result, ignited speculations that the economy is cooling, elevating chances for the Fed to cut rates in the next few months
Over 90% of the $S&P 500 Index(.SPX.US$ compa...
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phady05
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⭐ Can day trading really make a lot of money? Or is it just a lie? What do you think?"
Hey, have you heard? For day traders, 95% of them come home empty-handed, but what about those lucky 5%? 🤠 They are like the rich people on Wall Street, making big money! Are they even more than the market itself? 🚀
🎯 If you're laser-focused on your career, a 95% success rate sounds pretty darn good, right? 🚀 What I'm getting at is, whenever we go...
Hey, have you heard? For day traders, 95% of them come home empty-handed, but what about those lucky 5%? 🤠 They are like the rich people on Wall Street, making big money! Are they even more than the market itself? 🚀
🎯 If you're laser-focused on your career, a 95% success rate sounds pretty darn good, right? 🚀 What I'm getting at is, whenever we go...
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$NVIDIA(NVDA.US$ is releasing its Q1 earnings on May 22, after the U.S. stock market close. How will the whole market react to the AI giant's results? Vote your answer to participate!
Rewards
● An equal share of 10,000 points:
For mooers who correctly guess the price range of $NVIDIA(NVDA.US$'s opening price at 9:30 AM ET May 23 (e.g., If 50 mooers make a correct guess, they will get 200 points!)
(The vote wil...
Rewards
● An equal share of 10,000 points:
For mooers who correctly guess the price range of $NVIDIA(NVDA.US$'s opening price at 9:30 AM ET May 23 (e.g., If 50 mooers make a correct guess, they will get 200 points!)
(The vote wil...
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phady05
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Hi, mooers!
The FOMC minutes and Nvidia's earnings report will be released on the same day. Are you prepared?
Check out moomoo's fresh earnings calendar to start this week!
This week, various companies including $NVIDIA(NVDA.US$, $Palo Alto Networks(PANW.US$, $ZIM Integrated Shipping(ZIM.US$ and $Target(TGT.US$ are releasing their earnings. Will they bring good results and boost the stock prices? Let's make a gues...
The FOMC minutes and Nvidia's earnings report will be released on the same day. Are you prepared?
Check out moomoo's fresh earnings calendar to start this week!
This week, various companies including $NVIDIA(NVDA.US$, $Palo Alto Networks(PANW.US$, $ZIM Integrated Shipping(ZIM.US$ and $Target(TGT.US$ are releasing their earnings. Will they bring good results and boost the stock prices? Let's make a gues...
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There has always been a saying in the stock market that the Five Poor, the Six Terrible, and the Seven Turns Out. However, the author still believes that a brief downgrade/pullback for good companies is inevitable, so they will not deliberately open positions in May.
How hot is May 🔥 Naturally, everyone feels that it is not unusual for some popular stocks to rise 30-50% in the past month. However, this wave of bullish momentum has also benefited some single-digit PE companies that have been underestimated for a long time.
$CCK(7035.MY$
CCK is a frozen retail food company from SARAWAK in East Malaysia. The company's branches grew from 72 in 2022 to 75. Sales in all countries grew steadily, and sales from Japan grew by almost 100% in 2023.
Although there was a one-time profit in Q3 2022 and Q4 2023, after deduction, the company continued to grow for two consecutive years. CCK has been in Single Digit Pe for a long time in the past 2 years, and is far behind its peers. Malaysian stocks are booming this time, and the value of CCK has finally blossomed due to the influx of hot money. The stock price has risen 42% in the past month.
Furthermore, the shipping company Harbor has been making huge profits in freight rates for the past 3 years, although profits in the past few quarters have been affected by falling freight rates 📉. Recently, however, business has begun to improve, and profit Qoq has recovered. Coupled with soaring shipping costs in Europe and the US, GDP recovery and export growth in Q1, HARBOUR, which involves transportation and integrated logistics, was also seen by the market, and its stock price has risen 22% over the past month.
$HARBOUR(2062.MY$
...
How hot is May 🔥 Naturally, everyone feels that it is not unusual for some popular stocks to rise 30-50% in the past month. However, this wave of bullish momentum has also benefited some single-digit PE companies that have been underestimated for a long time.
$CCK(7035.MY$
CCK is a frozen retail food company from SARAWAK in East Malaysia. The company's branches grew from 72 in 2022 to 75. Sales in all countries grew steadily, and sales from Japan grew by almost 100% in 2023.
Although there was a one-time profit in Q3 2022 and Q4 2023, after deduction, the company continued to grow for two consecutive years. CCK has been in Single Digit Pe for a long time in the past 2 years, and is far behind its peers. Malaysian stocks are booming this time, and the value of CCK has finally blossomed due to the influx of hot money. The stock price has risen 42% in the past month.
Furthermore, the shipping company Harbor has been making huge profits in freight rates for the past 3 years, although profits in the past few quarters have been affected by falling freight rates 📉. Recently, however, business has begun to improve, and profit Qoq has recovered. Coupled with soaring shipping costs in Europe and the US, GDP recovery and export growth in Q1, HARBOUR, which involves transportation and integrated logistics, was also seen by the market, and its stock price has risen 22% over the past month.
$HARBOUR(2062.MY$
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With a gain of over 200% in four months, $Super Micro Computer(SMCI.US$ won the title of "Best AI Stock"; 🔥compared to $Intel(INTC.US$ , which was named the "worst performing" 🥶technology stock in the S&P 500 index this year. 🤖
The $S&P 500 Index(.SPX.US$ is a representative of the US stock market index, including the 500 leading companies that dominate the US economy, and is a recognized indicator of the US ...
The $S&P 500 Index(.SPX.US$ is a representative of the US stock market index, including the 500 leading companies that dominate the US economy, and is a recognized indicator of the US ...
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phady05
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Morning mooers! The markets are bursting to all time highs, the $Dow Jones Industrial Average(.DJI.US$ just burst through 40k for the first time, up about 0.2% after Noon EST.
Meme stocks are falling back to earth, here are stories about the moving stock market today.
$Walmart(WMT.US$ climbed 5% after the firm's morning earnings beat, posting a revenue that grew 6%. The stock led the S&P 500 and Dow Jones in gainers.
$GameStop(GME.US$ pulle...
Meme stocks are falling back to earth, here are stories about the moving stock market today.
$Walmart(WMT.US$ climbed 5% after the firm's morning earnings beat, posting a revenue that grew 6%. The stock led the S&P 500 and Dow Jones in gainers.
$GameStop(GME.US$ pulle...
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