This week, all of the large U.S. consolidated banks have finished reporting Q3 earnings, and their performance continues to show differentiation and may be significantly divergent within the same business. $SPDR S&P Bank ETF(KBE)$ $Financial Select Sector SPDR Fund(XLF)$ $SPDR S&P 500 ETF Trust(SPY)$ $.DJI(.DJI)$ Key featuresNet interest business was mixed in a lower interest rate environment;The investment banking business continued to recover and the wealth management division continued its record business;Diversification factors became a major advantage for large banks;More funds set aside for potential credit lo

I’m on the road again with intermittent internet access, so here’s something a bit different from the usual Weekly ChartStorm. This week I summarize and share some key concepts around how to use valuation signals to navigate market cycles — something that should be useful for both beginners and seasoned professionals to reflect on …especially as we move further through the current market cycle. $.SPX(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $.IXIC(.IXIC)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2412(NQmain)$ $Invesco QQQ(QQQ)$

Take Profit Now as the Broad Market Index Hits New Highs? Investors around the world are watching closely as major stock market indices, such as the S&P 500 and NASDAQ, hit new all-time highs. For those who have seen their portfolios grow steadily during the recent bull run, the big question is: Should you take profits now? The idea of taking profit involves selling some or all of your investments when they have appreciated in value, locking in gains before the market turns downward. While it may seem tempting, especially as the market reaches new highs, the decision to sell requires careful consideration of several factors. 1. Understanding Market Cycles Stock markets tend to move in cycles: periods of expansion followed by contraction. When a broad index hits new highs, it could be a

The $.SPX(.SPX)$ and $.IXIC(.IXIC)$ returned 1.13% and 1.19%, respectively, last week.Major market movers include $NVIDIA Corp(NVDA)$ (+7.91%), $Eli Lilly(LLY)$ (+5.06%), $JPMorgan Chase(JPM)$ (+5.24%), $Uber(UBER)$ (+16.24%), $Wells Fargo(WFC)$ (+7.08%), $Tesla Motors(TSLA)$ (-12.91%), $Alphabet(GOOG)$ (-2.29%), $Meta Platforms, Inc.(META)$ (-1.01%),

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $Cboe Volatility Index(VIX)$  $SPX Fibonacci levels 🎯 $5718.30  ~ needs to hold $5721, $5725 above  $5716-5708 below 🌩️🌡️ Fear Gauge Frenzy Meets Bullish Optimism! VIX & S&P 500 on Diverging Paths 🌡️🌩️ Kia ora Tiger traders! 🐅💥 The VIX has been shaking things up, spiking over 20 last week, and now hovering at 19.21 📉, down 6.25% from its previous close of 20.49. Fear is still hanging in the air, but here comes the kicker: Goldman Sachs just raised their S&P 500 12-month price target to 6,300 🚀. That’s a whopping 9.5% above current levels! Talk about mixed signals—when your VIX is

For U.S. stock market investors, especially those focused on tech stocks, every pullback has proven to be a buying opportunity. Once again, this idea holds true as the Nasdaq Composite is approaching its all-time high. This would mark its first new peak since July 10, signaling that tech stocks have shaken off the summer slump and are back in full force.Tech's RollercoasterEarlier, tech stocks went through a rough patch, sliding from being the leading sector to one of the worst performers. In Q3, the IT sector was the second-worst performer in the $.SPX(.SPX)$. 2024 has seen a shift in market dynamics. The first half of the year was dominated by tech stocks and a handful of big names. But over the past three months, the market has seen a dramatic

The Fed is expected to continue its rate cut cycle until 2026, which will bring multiple benefits to consumers and businesses. $Amazon.com(AMZN)$ could be a significant beneficiary of this trend, potentially continuing its long-term upward trajectory.A Look Back at Q2 EarningsWhen Amazon reported its second-quarter earnings in early August, the results were a mixed bag. While revenue grew slightly over 10% year-over-year, it missed the mark by nearly $800 million. The guidance for the current quarter was also somewhat tepid.However, the company's net income nearly doubled to about $13.5 billion, driven partly by a surge in cash flow. As of June 30, Amazon's net cash position exceeded $26 billion. With over $89 billion in cash and securities, and

I. Performance of Global Equity Indices (in US dollars) Data source: Bloomberg, 2024/09/15-2024/09/19, compiled by Tiger Brokers II. Our View This week, the Federal Reserve's FOMC decided to cut interest rates by 50bps, officially opening the door to rate cuts. Contrary to the previous expectations of mainstream institutions, the Fed did not adopt the "25bps cut + dovish statement" approach, but instead used a "50bps cut + hawkish statement" to continue balancing expectations. The market had already anticipated the start of the rate cut cycle with a 50bps reduction. Given that the current Federal Reserve's benchmark interest rate is significantly higher than the neutral rate (around 2.5%-3%), the initial 50bps cut demonstrates the Fed's determination to prevent an economic recession, mitig

Last week, U.S. stocks hit historic highs, reflecting widespread optimism among investors. Now, the market’s attention has shifted to earnings reports and the upcoming Fed meeting in November, where there’s an 84% chance of a 25-basis-point rate cut.Looking back at last week, all major indices— $.IXIC(.IXIC)$ $.SPX(.SPX)$ $.DJI(.DJI)$—rose more than 1%, with the Dow and S&P 500 both hitting record highs on OCT11.Can the Rally Last Until Year-End?With the prospect of rate cuts, strong macroeconomic data, and solid corporate earnings expectations, U.S. stocks are on solid footing to potentially continue their upward trend. Let’s dive into three key indicators