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Oldhead Private ID: 102148412
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    Hi, mooers! Hey
    Recently, analysts pointed out that the global market turbulence would see buying in assets like gold and crude, which has quickly been confirmed in the market. According to the report, spot gold climbed 0.4 percent to $1,876.08 per ounce earlier on 13 October, while US gold futures rose 0.3 percent to $1,888.8 an ounce. "Gold is a perfect hedge against global market turbulence," said a market economist.
    At the same time, Brent Crude, t...
    Is it time to consider metal and energy funds?
    Is it time to consider metal and energy funds?
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    Oldhead commented on
    AI Weekly ReviewSmart:
    1.Nvidia's data center demand was underestimated, and Wall Street raised its target price.
    2.The Philadelphia Semiconductor Index soared to its highest level in 14 months.
    3.Nvidia's big move ignited the gaming sector, a new round of industry outbreak is imminent?
    4.Is it too early to call the AI stock craze a bubble as retail investors are still holding back?
    5.Looking ahead to this week's financial report lin...
    Is the AI stock craze a bubble waiting to burst? | AI Weekly Review
    Is the AI stock craze a bubble waiting to burst? | AI Weekly Review
    Is the AI stock craze a bubble waiting to burst? | AI Weekly Review
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    Oldhead commented on
    $Keppel(BN4.SG)$ Someone explain, why did so many drop today?
    Translated
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    Singapore real estate investment trusts can benefit from their safe-haven status during a time of market volatility as the U.S. Fed raises interest rates, analysts from DBS say in a research note.
    The Fed's clarity on its rate-rise trajectory will likely lead to more price stability for Singapore REITs, they say.
    What are Real Estate Investment Trusts (REITs)?
    Real Estate Investment Trusts (REITs) are funds that invest in a port...
    Singapore REITs may benefit from haven status amid market volatility
    Singapore REITs may benefit from haven status amid market volatility
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    If you are confident in the shares you own, hold them or add more. Losses are only on paper.
    $AMC Entertainment(AMC.US)$ Don’t have much money, but I’m finally down to 36 from 43. Progress!
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    Weekly market recap
    Stock futures held steady in overnight trading Sunday after the S&P 500 notched its best week since February at a fresh record close, rebounding from a big sell-off triggered by fears of the omicron coronavirus variant.
    $Dow Jones Industrial Average(.DJI.US)$ futures traded 35 points higher. $S&P 500 Index(.SPX.US)$ futures inched up 0.1% and $NASDAQ 100 Index(.NDX.US)$ futures were flat.
    The overnight action followed a strong week on Wall Street as investors shrugged off a hot inflation reading. The blue-chip Dow gained 4% last week, breaking a four-week losing streak with its best weekly performance since March. The S&P 500 and the Nasdaq Composite jumped 3.8% and 3.6%, respectively, last week, both posting their best weekly performance since early February.
    Investors digested a jump in headline inflation data, which came in at 6.8% in November year-over-year for the biggest surge since 1982. The print was marginally higher than the 6.7% Dow Jones estimate.
    Here's a look at the return of S&P 500 sectors
    This week ahead in focus
    Investors this week are set to focus on the Federal Reserve's final monetary policy decision of 2021, which may include more signaling of a monetary policy adjustment amid elevated inflation and a strengthening economic backdrop.
    Members of the Federal Open Market Committee are set to hold their two-day policy-setting meeting on Tuesday and Wednesday, after which they will release their monetary policy statement and hold a press conference with Federal Reserve Chair Jerome Powell. The December statement will also be accompanied by an updated Summary of Economic Projections — the first since September — outlining members' expectations for economic conditions and interest rates over the next few years.
    Many economists now expect that this month's meeting will serve as the platform for Fed officials to increase the rate of tapering of their asset-purchase program. For more than a year-and-a-half during the pandemic, the Fed bought Treasuries and agency mortgage-backed securities (MBS) at a clip of $120 billion per month, with this program comprising a key tool in supporting the virus-stricken economy. Last month, the Fed began winding down this program, slowing its purchases by $15 billion per month in each of November and December as the economy showed signs that it could continue to recover from the pandemic without the added monetary policy support.
    Retail sales
    One key piece of economic data out this week will be November retail sales, offering a look at the strength of the consumer in the midst of the holiday shopping season.
    Consensus economists are expecting to see retail sales rise by 0.8% in November compared to October, according to Bloomberg data. This would slow compared to October's 1.7% monthly increase, but still represent a fourth straight monthly increase.
    "The gain should be supported by holiday sales with clothing showing the biggest sequential gain among major sectors," Bank of America economist Michelle Meyer estimated in a note on Friday. "That said, we do think the risks are skewed to the downside given the sizable upside surprise in October's sales."
    The bigger-than-expected rise in retail sales in October stemmed from strength in a variety of categories. Non-store retailers, or e-commerce platforms, posted a 4% sales increase, while gasoline station sales and electronics and appliance stores saw sales grow 3.9% and 3.8%, respectively. Some economists suggested the monthly jump likely stemmed from consumers doing their holiday shopping earlier this year to try and get ahead of supply chain disruptions and shipping delays.
    Other private data on consumption for November came in strong, further suggesting another solid monthly rise in retail sales. Adobe Analytics said in an update published Nov. 30 that consumers had already spent $109.8 billion online between Nov. 1 to Nov. 29, with this figure growing 11.9%, compared to last year.
    Economic calendar
    - Monday: No notable reports scheduled for release
    - Tuesday: NFIB Small Business Optimism, November (98.4 expected, 98.2 in October); Producer Price Index (PPI), month-over-month, November (0.5% expected, 0.6% in October); PPI excluding food and energy, month-over-month, November (0.4% expected, 0.4% in October); PPI year-over-year, November (9.2% expected, 8.6% in October); PPI excluding food and energy, year-over-year, November (6.8% expected, 6.8% in October)
    - Wednesday: MBA Mortgage Applications, week ended Dec. 10 (2.0% during prior week); Retail sales excluding autos and gas, month-over-month, November (0.8% expected, 1.4% in October); Import price index, month-over-month, November (0.8% expected, 1.2% in October); Business Inventories, October (1.0% expected, 0.7% in September); NAHB Housing Market Index, December (84 expected, 83 in November); FOMC Rate Decision
    - Thursday: Initial jobless claims, week ended Dec. 11 (199,000 expected, 184,000 during prior week); Continuing claims, week ended Dec. 4 (1.992 million during prior week); Housing starts, month-over-month, November (3.3% expected, -0.7% in October); Building permits, month-over-month, November (0.4% expected, 4.2% in October); Philadelphia Fed Business Outlook Index, December (30.0 expected, 39.0 in November); Industrial Production, month-over-month, November (0.7% expected, 1.6% in October); Capacity Utilization, November (76.8% expected, 76.4% in October); Manufacturing Production, November (0.7% expected, 1.2% in October); Markit U.S. Manufacturing PMI, December preliminary (58.5 expected, 58.3 in November); Markit U.S. Composite PMI, December preliminary (57.2 in November); Markit U.S. Services PMI, December preliminary (58.0 in November); Kansas City Federal Reserve Manufacturing Activity, December (24 in November)
    - Friday: No notable reports scheduled for release
    Earnings calendar
    - Monday: No notable reports scheduled for release
    - Tuesday: No notable reports scheduled for release
    - Wednesday: $Lennar Corp(LEN.US)$ after market close
    - Thursday: $Adobe(ADBE.US)$, $FedEx(FDX.US)$, $Rivian Automotive(RIVN.US)$ after market close
    - Friday: $Darden Restaurants(DRI.US)$ before market open
    Source: CNBC, jhinvestments, Yahoo Finance
    What to expect in the week ahead (ADBE, FDX, RIVN, LEN)
    What to expect in the week ahead (ADBE, FDX, RIVN, LEN)
    What to expect in the week ahead (ADBE, FDX, RIVN, LEN)
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    The survey shows a third of U.S. respondents plan to give the gift of cashDollarDollar or clothing itemsGiftGift like socks or ties.BalloonWhat do you want for Christmas?Balloon
    Cash rules everything around ChristmasExpand
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