Summary and Key Catalysts After Wall Street's record-breaking highs on November 11, the excitement quickly faded. European markets were the first to react negatively, adjusting downward due to the looming threat of stricter US tariffs as Donald Trump prepared to take office. US indices soon followed, concerned that the Federal Reserve might slow down future rate cuts, leading to increased market volatility. Fed Chair Powell's Remarks Stall Optimism Markets were already trending downward when Federal Reserve Chairman Jerome Powell addressed the Dallas Regional Chamber, signaling a more measured approach to monetary easing. Powell stated, "The economy is not sending any signals that we need to be in a hurry to lower rates." His comments dampened expectations for aggressive rate cuts, driving

By Jake BehanHead of Capital Markets of Direxion InvestmentEditor’s Note: Happy reading and reach out if questions on anything. Happy Thanksgiving to all! $NVIDIA Corp(NVDA)$ put up a volatile session following its earnings announcement which underwhelmed on its revenue forecast for the current quarter, exceeding analysts’ estimates by a mere $400 million rather than a preferred $1B. Reality seems to be setting in for the company as projections have failed to show ‘blowout’ expectations for two consecutive quarters now. NVDU/NVDD were expectedly busy, $Direxion Daily NVDA Bull 2X Shares(NVDU)$ currently stands as our 4th biggest getter of inflows YTD. Per Barclays, “post earnings there seems to be no

Big-Tech’s PerformanceThere was no more macro guidance for the market this week, with two major events influencing market action: 1. BTC made new highs and hit the $100,000 high, and 2. NVIDIA earnings.Risk sentiment was relatively high, but at the same time, U.S. stocks continued to trade in a divergent manner as the U.S. dollar continued to strengthen and concerns about Trump's policies persisted.Through the close of trading on November 21, Big Tech was mixed over the past week with $Apple(AAPL)$ +0.13%, $NVIDIA Corp(NVDA)$ -0.06%, $Microsoft(MSFT)$ -3.28%, $Amazon.com(AMZN)$ -6.19%,

$.SPX(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$ Several prominent analysts foresee a strong finish for the S&P 500 Index (SP: .INX) over the next two years, offering potential gains for those interested in U.S. equities. The S&P 500 Index, the primary gauge of U.S. stock market performance, reflects the top 500 companies by market capitalization, as well as criteria like earnings growth and trading liquidity. Goldman Sachs' chief U.S. equity strategist, David Kostin, recently raised his S&P 500 target following an impressive earnings season, setting a new goal of 6,500 by the end of 2025. This represents a potential 10% increase from th

$NVIDIA Corp(NVDA)$ reported its fiscal 2025 third quarter results on November 20, 2024 after the bell.Results for the period continued to grow strongly, and continued the momentum of previous quarters, reaching $2 billion (2B) over what the market had been expecting (Consensus), with data centers accounting for nearly 90% of the $30 billion in revenue, and proving that the demand for AI arithmetic remains strong.But the market is more concerned about the next quarter's guidance.Revenue guidance of $37.5 billion (up or down 2%) was slightly ahead of market expectations of $37.1 billion, falling short of the "huge expectations" of "over $2 billion", while gross margin guidance was flat at 73%, driven byBlackwell volume production drive, and some in

Following Nvidia's strong rebound yesterday, the Nasdaq surged higher. Check out the stocks that hit new highs this week!1. $MicroStrategy(MSTR)$ soared more than 11% to touch a new all-time high of $449 The company announced buying more bitcoin as bitcoin hit an all time high of near $94000 yesterday.MicroStrategy began accumulating Bitcoin since 2020. Last week, the company invested $4.6 billion to acquire nearly 80,000 more BTC, bringing its total holdings to 331,200 BTC. The performance of MSTR has been closely linked to Bitcoin.Since August 2020, MSTR stock has surged 3,000%, while BTC prices have gained “just” 660%.Despite a 580% increase in MSTR's stock price this year, many investors avoid it due to its poor fundamentals and higher volatil

I. Performance and Valuation of Global Equity Indices Data Source: Bloomberg, compiled by Tiger Brokers II. Key Market Themes i. U.S. inflation remains elevated, the economy is strong, but the stock market is plummeting—what exactly is the market worried about? Last week, the U.S. October inflation data was released. The nominal CPI and core CPI rose by 0.2% and 0.3% month-over-month, respectively, staying consistent with previous increases and meeting market expectations. A closer look reveals that only used car prices saw a notable increase, but given their small weight in the index, the overall impact was minimal. The following day, PPI data also came out as expected, with no surprises. In response, Federal Reserve spokesperson Nick indicated that while inflation remains stubborn,

Market Outlook of S&P500 - 06Jan2025 Observations: The MACD indicator is showing a downtrend. Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. The last candle is below the MA50 line and above the MA200 line. This implies a bearish mid-term and bullish long-term. The 3 Exponential Moving Averages (EMA) lines are on a downtrend. Chaikin’s Monetary flow (CMF) shows a downtrend. From technical analysis (daily interval), the 20 indicators (technical & moving averages) point to a “Neutral” rating. The breakdown reveals 8 indicators with a “Buy” rating and 12 indicators with a “Sell” rating. Now, let us look at candlestick patterns. There seem to be more bullish candlestick patterns from above. Based on the above technical analysis (1D chart), the S&P500

$Snowflake(SNOW)$ surged 20% after hours after it beat market expectations and lifted guidance in Q3 FY2025.Ever since Warren Buffett's $Berkshire Hathaway(BRK.B)$ liquidated its position in SNOW in Q2, it has been on a path back up.Financials vs. market expectationsQ3 revenue was $942 million, up 28.3% year-over-year and significantly ahead of market expectations of $898 million.Non-GAAP EPS was $0.20, again beating market expectations of $0.15.Business Performance by SegmentProduct Revenue: Third quarter product revenue reached $900.0 million, an increase of 29% year-over-year, exceeding market estimates of $856.6 million and reflecting Snowflake's success in product expansion and customer attraction.R

Investors seem to be all in US stocks.According to EPFR data, US stock ETFs and mutual funds attracted nearly $56 billion in the week ending last Wednesday, marking the second-largest weekly inflow since 2008.These funds have experienced continuous inflows for seven consecutive months, the longest streak since 2021.1. Big Banks Raise S&P 500 Target to 6,500 PointsWith $.SPX(.SPX)$ recently surpassing the 6,000 point, major institutions have expressed optimism about the U.S. stock market's outlook for next year:Morgan Stanley: Set a base-case year-end 2025 target for the S&P 500 at 6,350 points, with a bullish scenario target of 7,400 points.Goldman Sachs: Raised its year-end 2025 S&P 500 target from 6,300 to 6,500 point

Wall Street Banks Boost 2025 U.S. Stock Forecasts to 6,500: Will U.S. Equities Maintain Global Leadership? The S&P 500 has climbed more than 24% year-to-date, with Wall Street maintaining a bullish stance on U.S. stocks. Analysts predict the benchmark could hit approximately 6,500 points by 2025, suggesting a 10% upside from Tuesday's close at 5,917. Morgan Stanley: Earnings to Drive S&P 500 to 6,500 by 2025 Morgan Stanley's Chief Investment Officer Mike Wilson, known for his bearish stance, has revised his target for the $S&P 500(.SPX)$   to 6,500 points by 2025. In a bull scenario, the target could reach as high as 7,400 points. This marks a notable increase from his June forecast of 5,400 poi

By US Tiger Research$Tesla Motors(TSLA)$ U.S. stocks, $Gold - main 2412(GCmain)$ , and $Bitcoin(BTC.USD.CC)$ all surged before pulling back, while the U.S. Treasury yield curve continues to normalize.On Wednesday, the Bureau of Labor Statistics released the October CPI data, and as shown below, both headline and core CPI met expectations. The impact of a high base effect has mostly faded, meaning the toughest part of fighting inflation may be here. However, we remain optimistic that the downward trend in inflation will continue in the short term. More sensitive indicators like the New Tenant Rent Index (NTRI, which leads CPI by about two quarters) and A

The S&P 500 has recently broken the 6,000-point barrier, sparking debate among investors about whether the index can continue its ascent to levels projected by major institutions. Morgan Stanley’s base-case target of 6,350 points by the end of 2025, and their bullish scenario target of 7,400, paints a picture of sustained optimism for U.S. equities. However, with valuations soaring and the risk premium narrowing, many are asking: Is it still safe to invest in U.S. stocks at these elevated levels? Let’s dive into the dynamics shaping the market outlook and discuss how I would approach positioning in this environment. The Case for Optimism Easing Monetary Policy: Recent rate cuts by the Federal Reserve have breathed new life into equity markets. Lower interest rates reduce the discount r

$Sea Ltd(SE)$ released its Q2 2024 earnings before the bell on November 12, 2024 and jumped 10% on the dayOverall it was an excellent quarter of performance, with financial and operational metrics above expectations across the board, especially in the e-commerce and financial businesses.Shopee is at a critical point in its turnaround, Seamoney is making rapid progress in its BNPL business, and Garena's gaming business, while still going through a cycle, has been anticipated by the market for some time.Based on the current trend of margins (5% operating profit), the company is expected to achieve to reach a stable level of profitability sooner than expected, and with the PE expected to be under 30x in 2026, it has to be said that investor optimism is

My Investing Muse (18Nov24) Layoffs & Closure news Marriott starts to Lay Off Corporate Employees which may result in hundreds of employees exiting. The cuts are worldwide and affect “above-property” positions, which refer to people at the corporate level rather than those working in hotels. - Skift FuelCell Energy to lay off 13% of workforce to reduce operating costs - Reuters US supermajor to lay off nearly 400 workers following $64 billion merger - Upstream online Image What is going on in San Francisco? Layoff news seems relentless. Some of the layoffs are international. Can any advise on new job openings in SF or California? - SF Gate Advance Auto Parts, a major supplier of aftermarket replacement parts and accessories, announced plans to close 700 stores by mid-2025, closing 523

Hello, tigers!This week, due to the Thanksgiving holiday, the U.S. stock market had only 3.5 trading days, resulting in relatively quiet activity. Notably, Nvidia’s stock has continued to pull back to around $136 since its earnings release, as its guidance fell short of the market's highest expectations.However, software stocks tied to AI applications have shown signs of improvement, with short-term gains outpacing the broader market. The Tiger Wealth Research Team believes that mid-to-downstream AI applications may be the next major catalyst!1. Recent Market DataA. Macroeconomic DataNovember U.S. PMI Composite Index: 55.3 (exceeding the expected 54.7), the highest since April 2022.Manufacturing PMI: 48.8, marking the fifth consecutive month of contraction.Services PMI: 57.0, the highest s

On November 14, $Walt Disney(DIS)$ reported its fiscal 2024 fourth quarter financial results, which exceeded market expectations overall and is gradually regaining growth momentum after a challenging period.Financial performance vs. expectationsSpecific financials are as follows:Total revenue: $22.57 billion, up 6% year-over-year, beating estimates of $22.35 billion;Adjusted EPS: $1.14, beating estimates of $1.10;Streaming business: revenue up 15 percent to $5.78 billion, operating profit of $321 millionMotion Picture: Earnings of $316 million, a turnaround from a year ago.Guidance: Adjusted EPS is expected to grow in the "high single digits" in 2025, beating market expectations of 4%, and earnings growth should reach double digits in 2026 and cont

Introduction: The Fed’s December Decision   U.S. stocks took a hit last Thursday following Federal Reserve Chairman Jerome Powell’s remarks that there is no immediate need for rate cuts. This statement suggests that a rate cut in December, which many investors had hoped for, is unlikely. In the same breath, Powell's comments reinforced a cautious outlook for the economy, with the market bracing for potential volatility. What’s the Impact of No Rate Cut? Investors  had been anticipating a rate cut as a cushion against economic slowdowns. The idea of lowering interest rates is often seen as a method to stimulate the economy by making borrowing cheaper. With Powell signaling that there’s no rush to cut rates, market sentiment shifted, and stocks fell in response. Bu