With an all-important FOMC meeting coming up on 31 Oct - 1Nov, I expect more volatility in the market in the coming days. While most investors are expecting an end to the rate hike cycle, as rising treasury and corporate bond yields are doing much of the heavy lifting for the Fed in reining in mega expansions and investments, some are bracing for another rate increase before the end of this year as geopolitical tensions in the Middle East have led to renewed worries over rising fuel prices re-heating up otherwise cooling inflation. Nevertheless, the on-going geopolitical conflicts appear to be giving a lift to $Palantir Technologies Inc.(PLTR)$ , as it has reported growing orders from the defence industry. I’m c
Options show that the market has high expectations for AppleApple $Apple(AAPL)$ , which reports on Nov. 2, is expected to report revenue of $8.931 billion, up from $8.18 billion in the previous quarter, and earnings per share are expected to be $1.39. That's up from $1.26 in the previous quarter.Because Apple has met or exceeded revenue and earnings per share expectations in three of the last four quarters, coupled with the iPhone 15 release, the market's expectations for this earnings report are higher.While Apple shares are well off their highs for the year, the stock is still up more than 30% this year. The 2023 Apple price opened at $130.28 and has been steadily rising for most of the year, peaking at $198.23 on July 19. But it is currently tr
Hey Everyone, Would you like to do a short intro? Most of us have been in this for a month+ and it looks like we will have a good run at this. It will be nice to know each other a bit more. I'll start. I am a 40 year old Singaporean guy, working in the civil service. Primarily a family guy, started investing only last year actually as I was working on building a solid base first - on hindsight, i should have started sooner as i missed on the huge gains from the 2000s. I started last year as I had fulfilled my property portfolio intentions and was looking to grow my wealth through an extra channel. My intention was initially to mitigate inflation risks, but somehow I came to a point where investment returns are besting my earned income. I enjoy the excitement of decipherin
1. Pharma stocks $Regeneron Pharmaceuticals(REGN)$ and $Vertex Pharmaceuticals(VRTX)$ hit new high of $853.97 and $374.45 respectively. $Regeneron Pharmaceuticals(REGN)$ three core value drivers are its eye disease drug Eylea (now available in a high-dose form), immunology drug Dupixent, and anti-cancer therapy Libtayo. FDA approved its high-dose Eylea in August. $Vertex Pharmaceuticals(VRTX)$ is striving to develop treatments for APOL1-mediated kidney disease, non-opioid pain medications, rare blood disorders, and diabetes. 2. Insurance stocks $Arch Capital(ACG
Hi Tigers,The following table shows the top 10 companies that announced better than expected earnings on October 18.After the announcement of the results, 7 out of 10 stocks show positive returns and 3 stocks have negative performances.Feel free to add comments on stocks that interest you. Also read great analysis or trading strategies for star companies.CompanyEarnings BeatsMarket Cap% Change on Earnings DateCurrent PriceYTD23$Taiwan Semiconductor Manufacturing(TSM)$Net profit: 211.0 billion New Taiwan dollars vs. 190.94 billion New Taiwan dollars expected$464.702B3.42%$92.6620.28%$Procter & Gamble(PG)$EPS: $1.83 vs. $1.72 expectedRevenue: $21.87 billion vs. $21.58 billion expected$353.604B2.58%$150.03-