Wall Street closes lower due to tech sector sell-off πΊπΈ S&P 500 Index: -0.21% π πΊπΈ Nasdaq: -0.89% π πͺπΊ STOXX 600 Index: 0.99% π π―π΅ Nikkei 225 Index: 0.33% π ππ° Hang Seng Index: 1.23% π π¨π³ CSI 300 Index: 0.11% π πΈπ¬ Straits Times Index: 0.76% π U.S. Stock Market Stalls: The S&P 500 and Nasdaq Composite both dropped by -0.2% and -0.9%, respectively, dragged down by a tech sector sell-off, while dovish comments from Federal Reserve officials boosted the bond market. U.S. Retail Sales in December 2024 rose by 0.4% month-over-month, the smallest increase in four months, below the 0.6% forecast, though the data still shows strong consumer spending. U.S. Jobless Claims increased to 217,000, exceeding expectations, but remained below the average levels seen in the second half of 2024, refle
JP Morgan Chase (JPM) Q4 Earnings Analysis, Buy On Pullback?
$JPMorgan Chase(JPM)$ JP Morgan's Impressive Performance and Key Insights Over the past year, shares of JP Morgan have risen by an impressive 50%, outpacing major tech giants like Apple, Amazon, Microsoft, and Google. This remarkable performance highlights why stocks like JP Morgan deserve attention, even though they may sometimes be overlooked by the broader market. Disclosure I've been an investor in JP Morgan for some time, and today's discussion will focus on key valuation and technical aspects of the stock. Specifically, we'll examine whether the current valuation is stretched, assess its tangible book value in historical context, and identify potential entry points in case of a pullback. Additionally, we'll delve into the company's Q4 earning
$Taiwan Semiconductor Manufacturing(TSM)$ is the backbone of the new digital economy -- the silent force powering everything from smartphones to AI breakthroughs. Here are the standout takeaways from todayβs earnings report πβ’ Advanced nodes (3nm and 5nm) contributed 60% of wafer revenue, with 3nm adoption rising sharply to 26% in Q4, up from 20% in Q3. β’ AI demand, which tripled in 2024, is expected to double again in 2025. AI-related revenue made up a mid-teens percentage of total revenue last year and is projected to grow significantly, driven by a 40% CAGR for AI accelerator revenue through 2029.β’ Management expects a 40% CAGR for AI accelerator revenue through 2029.β’ Surging demand for advanced packaging solutions like CoWoS and SoIC has led t
Hello everyone! Today i want to share some technical analysis with you!1. $UnitedHealth(UNH)$ released Q4 earnings this morning. Non GAAP EPS came in at $6.81 per share, $0.07 above estimates, on revenue of $100.8B which was a 6.8% increase YoY but missed expectations by $930M.2. $Bank of America(BAC)$ released Q4 earnings this with a double beat. GAAP EPS was $0.82 (beating estimates by $0.05) on revenue of $25.3B, a 15.2% increase YoY and topping analyst expectations by $170M.3. $Morgan Stanley(MS)$ also had a double beat on Q4 earnings today. GAAP EPS was $2.22 (beat by $0.53) on revenue of $16.2B (beat by $1.17B) and was a 25.7% increase YoY.4.The banks are rolli
Hello everyone! Today i want to share some trading ideas with you!1.Founder-led businesses tend to do better because they: $SPDR S&P 500 ETF Trust(SPY)$ 1. Think long-term2. Have skin in the game3. Focus on the operations4. Incentives aligned with shareholders5. Focus on organic growth and not acquisitionsFollow me to learn more about ideas!!
Hello everyone! Today i want to share some technical analysis with you!1How could you have anticipated that $Invesco QQQ(QQQ)$ sell-off into the close today?Our AI-coded custom indicator flagged high-volume, large bearish candles breaking below a local support level.This made it easy to spot the shift in momentum in real-time and capitalize on it.Image2.Our 'Squeeze Labels' custom indicator clearly highlights the key moments during this recent breakout on $GE Vernova Inc.(GEV)$ π = TTM Squeeze has begun π§ = TTM Squeeze has firedEasily code the signals that matter most to YOU.Image3. $NVIDIA(NVDA)$ Following the GOATβI like the way you think.This custom indicator pa
1.Gold vs Stocks - Decision PointLast year gold and stocks did the same thing... i.e. produce pretty decent returns.Moving forward though we're reaching the pointy end of the triangle, and that means a few things, but the main point is I would expect this stalemate to break, break soon, and break in a big way. $Gold - main 2502(GCmain)$$.SPX(.SPX)$ Image2.Old coin vs New coinThe modern Retail investor is far more interested in crypto than they ever were in precious metals.Will this last?Image3.Here's a summary of the types of information and Best setups you can learn from studying Valuations for Multi-Asset investing...Image
From the image provided, Taiwan Semiconductor Manufacturing Company (TSM) had a strong performance today, closing at $214.79, up $7.99 (+3.86%). Hereβs a brief analysis: Key Observations: 1. Intraday Performance: β’ TSM hit an intraday high of $222.75 before retracing to $214.79. β’ The initial rally suggests strong buying pressure, but the pullback indicates profit-taking or resistance at higher levels. 2. Volume: β’ The dayβs trading volume reached 38.5 million shares, indicating heightened investor interest compared to average trading days. 3. Technical Levels: β’ The stock managed to stay above the $213.94 intraday support level. β’ Resistance appears near $222, which might act as a barrier in the short term. 4. Post-Market Activity: β’ TSM showed a slight post-market decline (-0.37%), sugge
Market Slip After Rally As Investors Eyed Earnings and Data
U.S. major indexes gave back some of their gains on Thursday after a strong run up in the previous Wednesday session. S&P 500, NASDAQ and DJIA all tried to stay in the green but succumbed by the end of the trading session. Big gainers included $Taiwan Semiconductor Manufacturing(TSM)$ , which led advancers on the stock market on Thursday as the chip titan announced solid quarterly revenue. But stocks swayed between modest gains and losses on Thursday after economic data on Thursday indicated consumer spending remains strong, while the labor market is also on solid footing, giving the Fed room to maintain a slow pace in cutting interest rates this year. Though the market has a pretty good sigh of relief on Wednesday (15 Jan), the latest consumer
πππSGX $SGX(S68.SI)$ is Singapore's one and only sole bourse operator. It operates a platform for the buying and selling of securities such as shares, bonds, derivatives and exchange traded funds. In December SGX reached a 52 week high of SGD 13.09 but in January, it has dropped to SGD 12.09 on Thursday's closing. Is it a good buy? Let's check out its FY2024 earnings report. On 8 August 2024, SGX reported FY2024 adjusted net profit of SGD 525.9 million, 4.5% higher from the previous year of SGD 503.2 million. Adjusted EBITDA was up at SGD 711.6 million compared to SGD 688.6 million in the previous year. Adjusted earnings per share was 49.2 cents in comparison with 47 cents in the
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