An investment in knowledge pays the best interest🐾Meow Motto+Benjamin Franklin
Rise and shine MONEY req-ers,
You could do both investing and trading, but please DO consider the risks taken! Don’t blow up your portfolio with super risky moves, eyeing a quick profit(ask me how I know😿)!!!
Learn first, act second!🐾
Markets
Dow 0.52%
S&P 500 0.11%
Nasdaq -0.23%
Fear Factor
VIX -0.43%
Crypto-verse
BTC 0.10%
ETH -0.62%
XRP 3.04%
The Magnificent 7 AAPL 0.47% MSFT 0.22% GOOGL 0.69% AMZN 0.50% NVDA 0.23% META 0.75% TSLA 0.62%
*Last Updated: Jan 15, 2025 7:23 a.m. EST. For updated market info click:
Today’s movers and shakers - JPMorgan, Wells Fargo, BlackRock, Eli Lilly, D-Wave Quantum.
JP Morgan drop Q4 earnings report in premarket - profit rose by hefty 50% from the year-ago period on a jump in loan activity, lower provisions for credit losses and a drop in non-interest expenses.
XRP up double digits to reach an all-time high early Wednesday. The price of the popular altcoin is up 6.7% over the last 24 hours at $2.73. It hit $2.90 overnight, beating its previous all-time high of $2.89 set in early December.
Wednesday's CPI inflation report possible outcomes - if too hot, some fear benchmark Treasury yields could quickly approach the psychologically-significant 5% level and spark a further pullback in stocks. Much cooler and equities may bounce up!!!
Investing vs. Trading
Investing and trading are two distinct methods of attempting to profit in the financial markets. Both investors and traders aim to achieve profits through market participation.
Investors typically seek larger returns over an extended period by buying and holding assets.
Traders capitalize on both rising and falling markets to enter and exit positions over a shorter time frame, aiming for smaller, more frequent profits.
Today:
Consumer Price Index(*average change in prices for a representative basket of goods and services purchased by consumers. The CPI is used to measure inflation as experienced by consumers in their daily lives)/CPI year over year
core CPI/core CPI year over year
home builder confidence index
business inventories
Wed 1/15 - a bunch of banks and financial institutions
☀️JPM - JP Morgan Chase & Co
☀️BLK - BlackRock Inc
☀️C - Citigroup Inc
🤷🏼♂️SCHW - The Charles Schwab Corporation
☀️premarket 🌙after hours 🤷🏼♂️undisclosed
JANUARY IPO STATS(*initial public offering - when shares of a private corporations are offered to the public in a brand new market stock)
FLOC(Flowco Holdings) - $21-$23
RIBBU(Ribbon Acquisition Corp.) - $10
UFG(Uni-Fuels Holdings Ltd) - $4
CRGT(Cortigent, Inc.) - $10
PLMKU(Plum Acquisition Corp, IV) - $10
How was today's edition?
Sponsored
Joey Choy Top Stocks
🐾
📢If you’re looking for investing advice, don’t 👀 at me! 🐾 Meow Motto
🧶 DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
- The Daily Dose
- *Bonus Saturday Serving
- Last Saturday's Dish
- Yearly discount
