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@ngboon01
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@ngboon01
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@vi @vicollege $NYSE:PLTR

Disclaimer: This is a not recommendation & Please do your own due diligence

Just to share insider are selling

@vi @vicollege

Just to share post by DBS Securities

Will the FIFA World Cup affect the stock market?

We think STI’s 10.7% rally from the 24th October trough at 2,969 may come to a standstill soon

Overbought short-term technicals and the approach of the year-end holiday lull are two factors

Short-term traders could seize opportunity from the current rally to lock in some gains ahead of the Nov US CPI release and the December FOMC meeting near mid-Dec

Decline in 10Y UST yield may find temporary support at c.3.6%, although rebound will likely be capped at 3.9-4%

FIFA World Cup (starts this weekend) could also sap energy away from equity markets in the immediate term

Traditionally a lull period for the local bourse, especially during the first two weeks of Group Stages -> Are investors’ minds occupied by the late-night, densely-packed matches?

Market pullback should be temporary as precedents show that markets tend to pick up after the Group Stages (i.e. in early Dec), and perhaps more so after the tournament

Cautious optimism that US inflation is starting to ease, pace of rate hike should slow (50bps anticiapted for Dec) and bond yields may have peaked

Bond yields peaked positive for REITs and selected technology stocks

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@vi @vicollege $NASDAQ:META

Disclaimer: This is a not recommendation & Please do your own due diligence

Just to share insider are selling

Edited

@vi @vicollege@alexng $SEHK:09988

Disclaimer: This is a not recommendation & Please do your own due diligence

Just to share post by The Edge Singapore

https://www.theedgesingapore.com/capital/results/alibaba-posts-surprise-l...

Alex any comment on Alibaba

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