To The Moon

Hi, Tigers!

Welcome to Daily Discussion! This is the place for you to share your trading ideas and win coins!

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[Rewards]

We will reward you with 50 Tiger Coins when you share your knowledge about stocks and markets here, depending on quality and originality.

[Winners Announcement:23 May]

1.Here are the 7 Tigers whose post has the best quality & interaction last Friday:

Congratulations on being offered 50 Tiger Coins!

RBA Cuts Interest Rate, Is Commonwealth Bank A Buy?

🎉CBA Trader Interview: Tay Chi Keng spotlights Opportunities in China

Energy : A US Bear Market's Shield ?

2.Here are the stocks mentioned by the above Tigers: $COMMONWEALTH BANK OF AUSTRALIA(CBA.AU)$ $Chevron(CVX)$ $Alibaba(BABA)$ $BABA-W(09988)$ $TENCENT(00700)$ $ConocoPhillips(COP)$ $Exxon Mobil(XOM)$ (Not investment advice)

And let's congratulate these Tigers for winning 5-40 Coins:

Below are Today's Key Takeaways.

Top News Move the Market

​​​​More News​​

Weekly Hot Stocks

​⭐For The Daily Most Active Stocks in S&P 500 & The Top 10 Popular Stcocks on WallStreetBets please turn to @TigerObserver

Global Markets Weekly Update

Major stock indexes finished the week lower. Small- and mid-cap indexes fared worst, while the S&P 500 Index and Dow Jones Industrial Average both fell back into negative territory for the year after ending the prior week slightly positive. The technology-heavy Nasdaq Composite held up best but still shed 2.47%. U.S. markets will be closed Monday in observance of the Memorial Day holiday.

After a relatively quiet start to the week, stock indexes took a sharp turn lower on Wednesday afternoon, alongside U.S. Treasuries, following a weaker-than-expected auction of 20-year Treasury bonds, which pushed longer-term yields higher and saw the 30-year yield hit its highest level since 2023, though Treasuries across most maturities recovered some ground by the end of the week. (Bond prices and yields move in opposite directions.) The weak auction and subsequent move in yields was partially attributed to credit rating agency Moody’s downgrade of U.S. sovereign debt at the end of the prior week amid concerns about rising U.S. federal debt and fiscal deficits. This appeared to be amplified later in the week after the House of Representatives passed President Donald Trump’s tax bill, which some believe could increase federal debt considerably over the next several years.

Equities continued to slide on Friday after President Trump announced plans to impose a 50% tariff on imports from the European Union, effective June 1, stating that trade talks are “going nowhere.” His announcement also included a threat of 25% tariffs on iPhones unless Apple moves production of the product to the U.S., sending shares of the consumer technology giant more than 3% lower on Friday.

After hitting a 16-month low in April, U.S. business activity growth rebounded in May, according to S&P Global’s Flash Purchasing Managers’ Index (PMI) survey data. Activity in the services sector improved from a 17-month low in April, jumping from a PMI reading of 50.8 to 52.3 in May (readings above 50 signal expansion, while readings below 50 indicate contraction). The Manufacturing PMI also improved, increasing from 50.2 in April to a 3-month high of 52.3 in May. Both readings were better than consensus estimates.

Elsewhere, the National Association of Realtors (NAR) reported that existing home sales unexpectedly fell to a seasonally adjusted annual rate of 4 million in April, down 0.5% from March and the lowest April reading since 2009, while the median sales price rose to $414,000, the 22nd consecutive month of year-over-year price increases. According to NAR Chief Economist Lawrence Yun, "Pent-up housing demand continues to grow, though not realized. Any meaningful decline in mortgage rates will help release this demand." Meanwhile, average 30-year mortgage rates climbed to the highest level since mid-February during the week, according to data from Freddie Mac.

The week ahead : May 26-30

Earnings Calendar

All right, here is all the market information we would like to share with you：

1. What news/movements are worth noting in the market today? Any stocks to watch?

2. Do you have any trading plans?

Is there anything you would like to share about your trades today?

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