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Hi, mooers!
On March 20, the Federal Reserve stuck to its current interest rates, triggering a surge that sent US stocks and gold to new heights. Their dot plot still shows three rate cuts this year, and Powell hinted that a reduction in the Fed's balance sheet could be coming soon. Find out more>>
What's more, the chance of a rate cut in June, according to federal funds rate futures, has jumped to about 70% from 50% earlier in the we...
On March 20, the Federal Reserve stuck to its current interest rates, triggering a surge that sent US stocks and gold to new heights. Their dot plot still shows three rate cuts this year, and Powell hinted that a reduction in the Fed's balance sheet could be coming soon. Find out more>>
What's more, the chance of a rate cut in June, according to federal funds rate futures, has jumped to about 70% from 50% earlier in the we...
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On Jun 1, Malaysia halted the export of about 3.6 million whole chickens a month, in an attempt to stabilize domestic supplies and bring down chicken prices.
Small stalls are closed, while others have found a way to handle the issue.
Continued supply is critical
The most critical thing for restaurants now is to find sufficient stock and look for alternatives.
Mr Affandi Abdul Rahman, who runs a chicken rice and ayam penyet store at Marine Parade Central M...
Small stalls are closed, while others have found a way to handle the issue.
Continued supply is critical
The most critical thing for restaurants now is to find sufficient stock and look for alternatives.
Mr Affandi Abdul Rahman, who runs a chicken rice and ayam penyet store at Marine Parade Central M...
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Source: bureau of labor statistics
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After a robust rebound on Monday, stocks continued to push higher on Tuesday. With that in mind, here's a look at a few top stock trades as we approach mid-week.
Top stock trades for today No. 1: General Motors
$General Motors(GM.US$ almost retested Monday's low, which would have actually been a great setup had it broken the low and reclaimed it.
In any regard, we now have an inside day with a hammer candle. An inside-and-up rotation ov...
Top stock trades for today No. 1: General Motors
$General Motors(GM.US$ almost retested Monday's low, which would have actually been a great setup had it broken the low and reclaimed it.
In any regard, we now have an inside day with a hammer candle. An inside-and-up rotation ov...
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Simplify Asset Management is applying its downside hedge strategy to a trio of new ETFs.
The $SIMPLIFY EMERGING MARKETS EQUITY PLUS DOWNSIDE CONVEXITY ETF(EMGD.US$, $SIMPLIFY US SMALL CAP PLUS DOWNSIDE CONVEXITY ETF(RTYD.US$, and $SIMPLIFY DEVELOPED EX-US PLUS DOWNSIDE CONVEXITY ETF(EAFD.US$launched on NYSE on Tueday.
These products are actively managed ETFs primarily holding other ETFs that invest 80% of holdings in their t...
The $SIMPLIFY EMERGING MARKETS EQUITY PLUS DOWNSIDE CONVEXITY ETF(EMGD.US$, $SIMPLIFY US SMALL CAP PLUS DOWNSIDE CONVEXITY ETF(RTYD.US$, and $SIMPLIFY DEVELOPED EX-US PLUS DOWNSIDE CONVEXITY ETF(EAFD.US$launched on NYSE on Tueday.
These products are actively managed ETFs primarily holding other ETFs that invest 80% of holdings in their t...
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Win $Ford Motor(F.US$ Stocks
Greed and fear are human nature. We suffer acute distress when reaching a psychological breaking point. People with different personalities and habits cope differently with market fluctuation. What separates a winning trader from a losing one is their psychological mindset. The beliefs and attitudes you develop during your investing journey are essential to conquering the world of trading.
In the...
Greed and fear are human nature. We suffer acute distress when reaching a psychological breaking point. People with different personalities and habits cope differently with market fluctuation. What separates a winning trader from a losing one is their psychological mindset. The beliefs and attitudes you develop during your investing journey are essential to conquering the world of trading.
In the...
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$Tesla(TSLA.US$ is seeing the highest interest on the forum with 474 mentions at press time, $GameStop(GME.US$followed by with 362 mentions, data from swaggy stocks showed.
$Tesla(TSLA.US$ CEO Elon Musk announced a price increase for the FSD package in the US to $12,000, up from $10,000 today. The revised pricing will go into effect on Jan. 17.
$GameStop(GME.US$ is launching a division to develop a marketplace for nonfungibl...
$Tesla(TSLA.US$ CEO Elon Musk announced a price increase for the FSD package in the US to $12,000, up from $10,000 today. The revised pricing will go into effect on Jan. 17.
$GameStop(GME.US$ is launching a division to develop a marketplace for nonfungibl...
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Oil prices could reach $95 if Iran doesn't return to the market this year, while commodities overall are setting for a supercycle that could potentially last a decade, according to Goldman Sachs, which is "extremely bullish" on the whole commodity complex.
The best place to be right now, particularly given the Fed pivot, are commodities.
Oil market has potential to get tight over next 3-6 months.
Morever, according to Bloomberg, prices of comm...
The best place to be right now, particularly given the Fed pivot, are commodities.
Oil market has potential to get tight over next 3-6 months.
Morever, according to Bloomberg, prices of comm...
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U.S. stock indexes rose Monday as markets reopened after the Christmas holiday and investors assessed the spread of the omicron Covid-19 variant.
The $S&P 500 Index(.SPX.US$ gained nearly 1.4% to close at 4,791.19, marking its 69th record close of the year. The index also hit an intraday record for the first time in more than a month. The $Dow Jones Industrial Average(.DJI.US$ added 1%, at 36,302.38. The $Nasdaq Composite Index(.IXIC.US$ ticked up about 1.4% to 15,871.26.
Cruise line shares also retreated after Covid outbreaks on ships. $Royal Caribbean(RCL.US$ slid 1.3%, $Carnival(CCL.US$ fell nearly 1.2%, and $Norwegian Cruise(NCLH.US$ Line dipped 2.5%.
The $S&P 500 Index(.SPX.US$ gained nearly 1.4% to close at 4,791.19, marking its 69th record close of the year. The index also hit an intraday record for the first time in more than a month. The $Dow Jones Industrial Average(.DJI.US$ added 1%, at 36,302.38. The $Nasdaq Composite Index(.IXIC.US$ ticked up about 1.4% to 15,871.26.
Cruise line shares also retreated after Covid outbreaks on ships. $Royal Caribbean(RCL.US$ slid 1.3%, $Carnival(CCL.US$ fell nearly 1.2%, and $Norwegian Cruise(NCLH.US$ Line dipped 2.5%.
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This year's activity coincided with a surge of rookie investors who joined the world of stock trading to ride the historic market rebound. Remote work, stimulus checksandhigher personal savings levels,as well as social media chatrooms only accelerated the boom in retail trading.
The meme stock saga started just days into 2021 when retail traders teamed up on Reddit's WallStreetBets' forum, aiming to bid up $GameStop(GME.US$'s shares, which were heavily shorted by hedge funds. The retail buying triggered massive short covering among hedge funds that fueled the rally even further.
Trading volume for GameStop and meme stock favorite $AMC Entertainment(AMC.US$ has faded. About 2.5 million shares of GameStop are changing hands daily based on a 30-day average as of Dec. 22, a fifth of that in January.
--- according to FactSet
Reddit traders also appear less focused on GameStop and AMC, which were the two most-mentioned tickers on WallStreetBets this year.
--- according to data tracker YoloStocks
WallStreetBets mentions for both peaked on Jan. 28 at about 267,000 for GameStop and 47,000 for AMC, but typical days for each over the past few months see hundreds, not thousands, of mentions.
Follow me to know more about meme stocks
Despite recent market sell-offs with GameStop and AMC each dipping to their lowest levels in months on Dec.14. But both stocks are up this year, at about 707% and 1,245% as of Dec.27, respectively .
Performance varies for other stocks popular on Reddit message boards. $Koss Corp(KOSS.US$jumped 285%, $BlackBerry(BB.US$ was up 43% for the year, while $Tesla(TSLA.US$added 51%. On the down side, $ContextLogic(WISH.US$dipped 80%, $Clover Health(CLOV.US$dropped about 75%. $Palantir(PLTR.US$ and $Bed Bath & Beyond Inc(BBBY.US$ was down roughly 20% and 10%, respectively.
Source: Reddit, CNBC
The meme stock saga started just days into 2021 when retail traders teamed up on Reddit's WallStreetBets' forum, aiming to bid up $GameStop(GME.US$'s shares, which were heavily shorted by hedge funds. The retail buying triggered massive short covering among hedge funds that fueled the rally even further.
Trading volume for GameStop and meme stock favorite $AMC Entertainment(AMC.US$ has faded. About 2.5 million shares of GameStop are changing hands daily based on a 30-day average as of Dec. 22, a fifth of that in January.
--- according to FactSet
Reddit traders also appear less focused on GameStop and AMC, which were the two most-mentioned tickers on WallStreetBets this year.
--- according to data tracker YoloStocks
WallStreetBets mentions for both peaked on Jan. 28 at about 267,000 for GameStop and 47,000 for AMC, but typical days for each over the past few months see hundreds, not thousands, of mentions.
Follow me to know more about meme stocks
Despite recent market sell-offs with GameStop and AMC each dipping to their lowest levels in months on Dec.14. But both stocks are up this year, at about 707% and 1,245% as of Dec.27, respectively .
Performance varies for other stocks popular on Reddit message boards. $Koss Corp(KOSS.US$jumped 285%, $BlackBerry(BB.US$ was up 43% for the year, while $Tesla(TSLA.US$added 51%. On the down side, $ContextLogic(WISH.US$dipped 80%, $Clover Health(CLOV.US$dropped about 75%. $Palantir(PLTR.US$ and $Bed Bath & Beyond Inc(BBBY.US$ was down roughly 20% and 10%, respectively.
Source: Reddit, CNBC
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