Snowealth📊

❤️ Market Pulse

📆📆📆📆📆📆📆📆📆 ↗️ US stocks closed at session highs on Monday after posting their best week in a year as the markets continued to rally in a sharp turnaround from their early August sell-off. Stocks rose following last week's strong gains as a measure of calm returns to a market previously whipsawed by worries about a potential recession. Last week's rally recouped the losses stacked up in an early August sell-off as Wall Street fretted about cracks in the economy — concerns that have since been eased by encouraging inflation and consumer spending data. ❤️Treasury 10-year yields fell one basis point to 3.87%. The dollar hit the lowest since March. Oil sank about 3%. Secretary of State Antony Blinken said Israeli Prime Minister Benjamin Netanyahu has accepted a cease-fire proposal for Gaza and “the next important step is for Hamas to say yes.” ❤️🔼AMD shares rose about 5% early Monday after the company announced plans to acquire hyperscale solutions provider ZT Systems in a deal valued at $4.9 billion. The deal comes as AMD looks to broaden its AI infrastructure in order to compete with market leader Nvidia. Shares of AMD are up just over 2% since the start of the year while Nvidia shares have soared about 150%. Nvidia will report second quarter earnings next week.

5️⃣S&P Movers:

📈EQT +5% 📈AMD +5% 📈Darden Restaurants +4% 📉HP Inc -4% 📉Starbucks -3% 📉Domino's Pizza -2%

😘Market Data

📈 S&P 500 +1.0% 📈 NASDAQ +1.5% 📈 STOXX 600 +0.6% 📈 DAX +0.5% 📈 SHANGHAI +0.5% 📉 NIKKEI -1.8% 📊 GOLD +0.2% 🪙 BTC -0.5% 📉  VIX -1.0%

🌟 Today's Recommendation: Hang Seng Snowball 7 🌟 💼 Snowealth's professional analysis team recommends that investors should start investing in Snowball products linked to the Hong Kong Hang Seng index for 7 days. 📊 Based on the current performance of the Hang Seng Index, there are several compelling reasons to consider investing: 📈 Recent Market Rebound: The Hang Seng Index has shown resilience, rebounding by 2% recently. 🔄 This recovery is driven by improved market sentiment, especially in the Financials sector, which has led the way with a 3.2% gain over the past week. 📅 This suggests that the market is stabilizing after a period of volatility, making it a potentially opportune time to invest. 💹 🚀 Growth Potential: Earnings within the index are expected to grow at an annual rate of 11%, outpacing many other global markets. 🌍 This growth potential, combined with the current low valuations, suggests that there could be significant upside for investors who enter the market now. 📈💸 💰 Attractive Valuation: The HSI remains relatively undervalued compared to historical levels, with a price-to-earnings (PE) ratio of around 9x. 📉 This low valuation provides a favorable entry point for long-term investors, as the market is not overpriced, and there is room for growth as the global economy stabilizes. 🌐💹 🔍 These factors make the Hang Seng Index an attractive option for investors looking to capitalize on the current market conditions with a balanced risk-reward profile. 💡📊

😘 Weekly Market Review 19.08.24

📆📆📆📆📆📆📆📆📆 🇺🇸USA 🔺️ S&P 500: -0.5% 🔺️ DOW JONES: -0.3% 🔺️NASDAQ: -0.9% 🇪🇺 EUROPE 🔺️STOXX 600: +0.7% 🔺️DAX: +0.9% 🔺️FTSE 100: +0.6% 🇭🇰🇨🇳🇯🇵 ASIA 🔺️HANG SENG: +1.4% 🔺️SHANGHAI: +0.8% 🔺️ NIKKEI 225: +0.5% 🛢🥇 NON-STOCK 🔼BRENT: +1.2% 🔼 GOLD: +0.3% 🔼BITCOIN: +2.1% 🔼 VIX: +3% 😘 KEY DRIVERS - U.S. Markets: Major indices experienced a slight pullback today amid concerns over upcoming Federal Reserve actions and mixed corporate earnings. Despite positive retail earnings, uncertainty about future rate hikes weighed on sentiment.   -😘Europe: European stocks gained, driven by strong industrial data from Germany and easing inflation concerns across the Eurozone, providing a boost to investor confidence. -😘 Asia: Asian markets saw mixed performance with Hong Kong’s Hang Seng leading gains, supported by tech stock recoveries and positive earnings reports from major Chinese firms. -😘 Commodities & Bitcoin: Brent crude rebounded as OPEC+ hinted at extended supply cuts. Bitcoin rose sharply after a dip earlier in the week, driven by renewed interest from institutional investors.

🌟 Why Index-Linked Snowball Products Have Low Risk 🌟 Index-linked snowball products are considered to have lower risk due to several key factors: Capital Protection Features 🛡: Many index-linked snowball products are designed with capital protection features, meaning that the investor's principal is safeguarded unless the underlying index experiences extreme declines. This protection reduces the downside risk for investors. Defined Payoff Structure 📈: Snowball products typically offer a defined payoff structure. If certain conditions are met, such as the underlying index remaining above a certain threshold, investors receive predetermined payouts. This structured approach provides clarity and predictability, lowering the risk compared to more volatile investments. Periodic Observation and Early Redemption ⏰: These products often include periodic observation dates. If the index performs well or meets specific criteria, the product can be automatically redeemed early, locking in gains and further reducing the risk of holding the investment over a longer period. Diversification 🌍: Index-linked snowball products are often tied to well-established, broad-market indices, which represent a diversified basket of stocks. This diversification helps spread the risk across multiple sectors and companies, reducing the impact of any single stock's poor performance. Moderate Volatility Exposure 📊: These products are designed to benefit from moderate market conditions. They generally perform well in stable or moderately fluctuating markets, which are less risky compared to high-volatility environments. In summary, the combination of capital protection 🛡, a defined payoff structure 📈, diversification 🌍, and features like early redemption ⏰ contribute to the lower risk profile of index-linked snowball products. 🚀

🟢 Market Pulse / 17.08.2024 ↗️ US Stocks secure best week of the year, reversing early August sell-off on macro positive week. Investors have scaled back expectations for Federal Reserve rate cuts following positive data, now predicting a 66% chance of a 0.25% cut next month, down from near-certainty of a 0.50% cut. The next significant update will come when Fed Chair Jay Powell speaks at the Jackson Hole Symposium. 📈Fubo's stock surged by 22% after a judge blocked the launch of Venu, a sports streaming venture by Disney, Warner Bros., and Fox, which Fubo argued would suppress competition. H&R Block shares saw a 12% increase, buoyed by strong Q4 results, a dividend hike, and a $1.5 billion buyback authorization. In Asia,🇯🇵 Japan's stocks led gains, with the Nikkei 225 and Topix both recording their best weeks since 2020. Meanwhile,🇨🇳 the People's Bank of China announced further measures to stimulate GDP growth amid signs of economic deterioration.

5️⃣S&P Movers:

📈Dexcom +3% 📈Ulta Beauty +3% 📈Tapestry +3% 📉Amcor -4% 📉Chipotle Mexican Grill -3% 📉Palo Alto -3%

📊Market Data

📈 S&P 500 +0.2% 📈 NASDAQ +0.2% 📈 STOXX 600 +0.3% 📈 DAX +0.8% 📈 SHANGHAI +0.1% 📈 NIKKEI +3.6% 📊 GOLD +2.2% 🪙 BTC +1.1% 📉  VIX -2.8%

🔤🔤🔤🔤🔤  snowealth.com 🔗

🌟 Today's Recommendation: Hang Seng Snowball 7 🌟 Snowealth's professional analysis team recommends that investors should start investing in Snowball products linked to the Hong Kong Hang Seng index for 7 days. 📉 In early August, the index faced downward pressure, largely due to fears of a global economic slowdown and recession concerns in the United States. These fears have led to a broad sell-off in global markets, including Hong Kong. However, this part of the risk pressure has been effectively released. ✅ At present, there is no valuation bubble or systemic risk in the Hang Seng Index. In addition, the Hang Seng Index is currently at a historical low, 📊 and there is very limited room for continued downward movement. It has already shown a trend of bottoming out and upward development. Now is a more appropriate time to invest in snowball products linked to the Hang Seng Index. 📉 Low valuation: The current valuation of the Hang Seng Index is relatively low, which may provide a good entry point for long-term investors. Investors can get good income potential when the market rebounds. 📈 💰 High dividend yield: Many constituent stocks in the Hang Seng Index offer high dividend yields, which are attractive to investors seeking stable income, especially in a low-interest-rate environment. 🏦 Government support: As one of the world's important financial centers, Hang Seng Index constituent companies are often supported by policies and favored by international capital, which provides investors with a certain degree of stability. 💼

🟢 Market Pulse / 16.08.2024

↗️ US stocks closed sharply higher on Thursday, with the Dow posting its best day in a week after strong retail-sales data put fears of a looming recession at ease.

📊 Retail sales increased 1% in July, far surpassing an estimate from Dow Jones that forecast a 0.3% uptick. Also separately, weekly jobless claims fell for the week. The data served as a boon to investors and a broader market trying to mount a comeback from an August rout tied to concerns about a slowing economy that arose following July’s disappointing jobs report on Aug. 2. Dow logs best day in a week, S&P 500 turns positive for August

💵 US government debt sold off on Thursday, sending most yields higher, after a stronger than expected retail-sales report for July soothed concerns about the risk of an impending recession. The yield on the 2-year Treasury jumped 15 basis points to 4.099%, from around 3.949% on Wednesday. It was the largest one-day gain since April 10 and highest closing level since Aug. 1

🛒Walmart’s second-quarter earnings report, which led to a 6.4% jump in its stock during normal trading hours, reveals strong financial results. The company reported revenue of $169.3 billion. Additionally, Walmart saw an 8.5% rise in operating income. This performance underscores Walmart’s continued strength in both physical stores and eCommerce.

📶 Cisco reported its third straight quarter of declining revenue, wrapping up its first full fiscal year drop since 2020. The company said it’s cutting 7% of its global workforce. Earnings and revenue topped analysts’ estimates.

5️⃣S&P Movers:

📈Ulta Beauty +11% 📈Albemarle +9% 📈Super Micro Comp +9% 📉Fair Isaac -4% 📉MarketAxess -3% 📉AT&T -3%

📉Market Data

📈 S&P 500 +1.6% 📈 NASDAQ +2.3% 📈 STOXX 600 +1.2% 📈 DAX +1.7% 📈 SHANGHAI +0.9% 📈 NIKKEI +0.8% 📊 GOLD +0.5% 🤑 BTC -2.5% 🔺️  VIX -5.8%

🟢 Market Pulse / 15.08.2024 ↗️ US stocks went for back to back gains as easing inflation bolsters rate cut hopes. Consumer prices increased 2.9% year-over-year, down from 3% in June and the lowest reading since March 2021. So-called core inflation, which strips out food and energy from the headline number, advanced 0.2% on the month, also in line with expectations. The report comes a day after lighter-than-expected wholesale inflation figures gave stocks a boost. Such data opens the door wider for the Federal Reserve to cut interest rates next month. 🟣The CBOE Volatility Index (VIX) known as Wall Street’s ‘fear gauge’ has dropped back below 18, after spiking above 65 during last week’s sell-off. The seven trading sessions it took the VIX to return to its long-term median of 17.6 is the index’s quickest ever drop from 35, a level associated with a high degree of fear. Below 20 is a normal reading suggesting a risk-on bias in markets. On the other hand, a reading above 20 is a bearish indicator, reflecting heightened levels of fear and uncertainty. 🕯 Nvidia market value fell by $900 billion after a massive stock sell-off on August 5. The historic decline erased the company's record capitalization, but now there are signs that the worst is over. Now the rebound in Nvidia stock has lifted the market, too: It accounted for about 22% of the S&P 500's four-day gain, more than double the contribution of any other stock. S&P Movers: 📈Kellanova +8% 📈Progressive Corp +5% 📈Allstate Corp +5% 📉Albemarle Corp -6% 📉Etsy -5% 📉Tesla -3% Market Data 📈 S&P 500 +0.6% 📈 NASDAQ +0.1% 📈 STOXX 600 +0.5% 📈 DAX +0.4% 📉 SHANGHAI -0.6% 📈 NIKKEI +0.6% 🥇 GOLD -0.9% 💛 BTC -2.5% 🔺️  VIX -10.7%

🌟 Today's Recommendation: IBEX35 Snowball 7 🌟 Snowealth's professional analysis team recommends that investors should start investing in Snowball products linked to the Spanish IBEX35 index for 7 days. As we all know, in early August, the global stock market crash was caused by the rapid decline of Asian stock markets 📉. During this process, the Spanish IBEX35 index showed great resilience 💪 and also demonstrated a strong rebound under the general trend of recovery this week 📈. This indicates that the Spanish stock market index is favored by investors and has certain investment value 💼. In addition, Spain's economy is showing signs of resilience and recovery 🌍. Despite global economic challenges, Spain's GDP growth is expected to outpace many other European countries, driven by strong consumer spending and a rebound in tourism 🏖. The IBEX35 index offers one of the highest dividend yields among European indices 💰. This makes it an appealing choice for income-focused investors looking for reliable returns in a low-interest-rate environment 📊. Recent technical analysis indicates that the IBEX35 index is forming bullish patterns 📈, suggesting potential upward momentum in the short to medium term 🚀. If key resistance levels are broken, the index could see significant gains 🌟. Snowealth's professional analysis team believes that these factors combined make the IBEX35 an attractive investment option for August, particularly for those looking for exposure to the Spanish market and broader European economic recovery

🟢 Market Pulse / 13.08.2024 ↗️ US stocks closed mixed on Monday as investors look ahead to a week full of key economic data, highlighted by CPI on Wednesday. Though the major indexes practically ended last week where they had started, it didn't come without volatility throughout the week. Strategists say that is likely to continue — and this week comes with plenty of opportunities. After Wednesday CPI here come two key signals on the state of the US consumer on Thursday: a reading on July's retail sales and Walmart earnings. 💰KeyCorp shares surged Monday morning after the bank announced a $2.8 billion investment from the Bank of Nova Scotia. Scotiabank will acquire about 163 million shares by the first quarter of 2025 after the companies receive regulatory approval. Cleveland-based KeyCorp called the investment a "unique opportunity to raise capital on attractive terms." 🛢Oil prices settled up more than 3% on Monday as Israel braces for a potential Iranian attack following the assassination of Hamas leader Ismail Haniyeh in Tehran. The looming threat of a broader conflict in the Middle East, a region that holds over half of the world’s oil reserves, has rattled markets, sending crude prices higher. Oil markets are bracing for potential disruptions to supply chains if hostilities escalate. 🛢 OPEC published fresh monthly report. For the first time this year, OPEC lowered forecast for oil demand growth in 2024 and 2025. OPEC+ countries increased oil production in July and exceeded the plan taken into account of all voluntary reductions S&P Movers: 📈Keycorp +9% 📈Super Micro Computer +6% 📈Nvidia +4% 📉Albemarle -7% 📉Solventum -5% 📉Walgreens Boots Alliance -5% Market Data 📈 S&P 500 +0.0% 📈 NASDAQ +0.2% 📈 STOXX 600 +0.0% 📈 DAX +0.0% 📉 SHANGHAI -0.1% 📈 NIKKEI +0.6% 🥇 GOLD +1.6% 💛 BTC -0.5% 📈 VIX +1.2% Today's recommendation: Hang Seng Snowball 7 Snowealth's professional analysis team recommends that investors should start investing in Snowball products linked to the Hong Kong Hang Seng index for 7 days. The Hang Seng Index has been on a prolonged downturn, but there are signals that it may be nearing a bottom, especially with a possible rebound driven by oversold conditions and technical patterns like the Bullish Gartley. This suggests that while the index has struggled, it may present a buying opportunity for those looking to capitalize on a potential reversal.

🗓Date: August 12, 2024 🔤🔤🔤🔤The recent performance of major financial market indices has been mixed, reflecting the complexities of the current economic environment. ⭕S&P 500:

Performance

: The index has declined by 2.1% month-to-date.

Key Drivers:

Inflation concerns and mixed earnings reports have influenced the market. Strength was observed in the technology and consumer discretionary sectors, while energy and utilities underperformed. ⭕Dow Jones Industrial Average (DJIA):

Performance:

The DJIA has fallen by 1.7% month-to-date.

Key Drivers:

Weaker economic data and potential interest rate hikes have negatively impacted industrial and financial stocks. ⭕NASDAQ Composite:

Performance:

The NASDAQ Composite outperformed with a modest 0.5% gain.

Key Drivers:

Strong earnings in the technology sector and enthusiasm for advancements in artificial intelligence (AI) have supported the index. ⭕FTSE 100:

Performance:

The FTSE 100 has decreased by 1.3% month-to-date.

Key Drivers:

Challenges related to Brexit and declining commodity prices, particularly oil, have weighed on the index. ⭕Nikkei 225 (Japan):

Performance:

The Nikkei 225 has gained 1.2% month-to-date.

Key Drivers:

A weaker yen and robust corporate earnings, particularly in technology and automotive sectors, have driven the index's performance.

🌐 Weekly Market Review 11.08.24

🇺🇸 USA

🔽S&P 500 -0.1% 🔽DOW JONES -0.6% 🔽NASDAQ -0.2%

🇪🇺 EUROPE

🔼STOXX 600 +0.3% 🔼DAX +0.3% 🔽FTSE 100 -0.1%

🇭🇰🇨🇳🇯🇵 ASIA

🔼HANG SENG +0.9% 🔽SHANGHAI -1.5% 🔽NIKKEI 225 -2.5%

🛢🥇 NON-STOCK

🔼BRENT +4.7% 🔼GOLD 0% 🔼BITCOIN -3.0% 🔼VIX -13%

➡️ Explain each method : 🔤🔤🔤🔤🔤  snowealth.com 🔗 Today's recommendation: FTSE100 Snowball 14 Snowealth's professional analysis team recommends that investors should start investing in Snowball products linked to the UK FTSE100 index for 14 days. Over time, the FTSE 100 has shown steady growth, reflecting the performance of some of the largest and most successful companies in the UK. Long-term investors may benefit from capital appreciation as these companies grow and increase their market value. Depending on market conditions, the FTSE 100 might offer attractive valuations compared to other global indices, especially during periods of political or economic uncertainty in the UK. This can present buying opportunities for value investors.

🌞 Aug - 12 🌟 What is Long-Term Investment? Long-term investment refers to the strategy of buying and holding financial assets—such as stocks, bonds, real estate, or mutual funds—for an extended period, typically five years or more. This approach allows investors to take advantage of the potential for compounding returns and to ride out short-term market fluctuations, ultimately aiming for significant growth over time. ⏳💹 Key Characteristics of Long-Term Investment: 📈 Time Horizon: Usually spans several years, often five years or more. ⌛️ Asset Selection: Typically involves selecting assets with strong potential for growth or stable income over the long haul. 🏦 Patience: Requires a commitment to keeping investments even during periods of market volatility. 😌 Advantages of Long-Term Investment: Compound Interest: Over time, reinvesting earnings such as dividends or interest can significantly increase the value of an investment due to compounding, where you earn returns on your previous returns. 📊💸 Reduced Risk of Market Volatility: By holding investments over a long period, investors can better weather short-term market fluctuations and reduce the impact of temporary declines in asset prices. Historically, markets have trended upward over long periods despite short-term dips. 📉➡️📈 Lower Transaction Costs: Fewer trades mean lower fees and commissions. Additionally, holding investments long-term may reduce the capital gains tax burden, as long-term capital gains are often taxed at a lower rate than short-term gains. 💰💵 Potential for Higher Returns: Historically, long-term investments, especially in stocks, have provided higher returns compared to short-term trading strategies. This is because long-term investors benefit from the overall growth of the economy and businesses over time. 📊📈 Less Time-Consuming: Long-term investing doesn’t require constant monitoring of the market or frequent buying and selling decisions, making it less stressful and less time-consuming. ⏲😌 Aligns with Financial Goals: Long-term investing is often aligned with major life goals, such as retirement, buying a home, or funding education. It allows investments to grow in tandem with the timeline of these goals. 🏡🎓 Example: Investing in a diversified portfolio of stocks and holding them for 20-30 years allows the investor to benefit from the overall growth of the stock market. Despite occasional downturns, historical data shows that the market tends to rise over the long term, providing significant returns for patient investors. 🕰💹 Conclusion: Long-term investment is a strategy that capitalizes on the benefits of time, allowing investors to build wealth gradually and reduce the risks associated with market volatility. By staying invested and focusing on long-term goals, investors can harness the power of compounding and achieve substantial financial growth over time. 💪📊

🌞 Aug - 11 Today is Sunday. I wish you all a happy holiday! 🎉 Today I want to share with you one of the most important advantages of our Snowball product: the influence of compound interest investment. 💰 What is Compound Interest? 🤔 Compound interest is the interest on a loan or deposit that is calculated based on both the initial principal and the accumulated interest from previous periods. In simpler terms, it is "interest on interest," and it can cause wealth to grow at an accelerating rate. 📈 How Compound Interest Works: 🛠 Initial Investment: You start with a principal amount. 💵 Interest Accrual: Over time, the investment earns interest. 💸 Reinvestment: The interest earned is added to the principal, increasing the total amount on which future interest is calculated. 🔄 Growth Over Time: ⏳ As the process repeats, the investment grows at an accelerating rate due to the compounding effect. 🚀 Key Concepts: 📚 Principal: The initial sum of money invested or borrowed. Interest Rate: The percentage at which the investment grows over a period. 📊 Compounding Frequency: How often the interest is calculated and added back to the principal (e.g., annually, semi-annually, quarterly, or monthly). 🔁 Example: 📝 If you invest $1,000 at a 5% annual interest rate, the first year you earn $50, bringing your total to $1,050. In the second year, you earn 5% on $1,050, which equals $52.50, bringing your total to $1,102.50. Over time, this compounding effect can lead to substantial growth. 🌱 Advantages of Compound Interest Investing: 🌟 Exponential Growth: Compound interest can significantly increase your wealth over time, especially with long-term investments. 💹 Passive Income: Once set up, compounding works automatically, growing your investment with minimal ongoing effort. 💤 Encourages Long-Term Thinking: The power of compound interest is best realized with a long-term investment horizon. 🌅 Practical Applications: 📈 Retirement Accounts: Investments like 401(k)s and IRAs often use compound interest, making them powerful tools for long-term savings. 🏦 Reinvestment of Dividends: In stock investing, reinvesting dividends can lead to compounding growth. 📈 Interest-Bearing Savings Accounts: Even savings accounts use compound interest, though often at a lower rate. 💵 In Summary: Compound interest investing leverages the power of reinvesting earned interest to generate accelerating returns over time, making it a foundational concept for long-term wealth accumulation. 🌟💼

🌞 Aug - 11 Today is Sunday. I wish you all a happy holiday! 🎉 Today I want to share with you one of the most important advantages of our Snowball product: the influence of compound interest investment. 💰 What is Compound Interest? 🤔 Compound interest is the interest on a loan or deposit that is calculated based on both the initial principal and the accumulated interest from previous periods. In simpler terms, it is "interest on interest," and it can cause wealth to grow at an accelerating rate. 📈 How Compound Interest Works: 🛠 Initial Investment: You start with a principal amount. 💵 Interest Accrual: Over time, the investment earns interest. 💸 Reinvestment: The interest earned is added to the principal, increasing the total amount on which future interest is calculated. 🔄 Growth Over Time: ⏳ As the process repeats, the investment grows at an accelerating rate due to the compounding effect. 🚀 Key Concepts: 📚 Principal: The initial sum of money invested or borrowed. Interest Rate: The percentage at which the investment grows over a period. 📊 Compounding Frequency: How often the interest is calculated and added back to the principal (e.g., annually, semi-annually, quarterly, or monthly). 🔁 Example: 📝 If you invest $1,000 at a 5% annual interest rate, the first year you earn $50, bringing your total to $1,050. In the second year, you earn 5% on $1,050, which equals $52.50, bringing your total to $1,102.50. Over time, this compounding effect can lead to substantial growth. 🌱 Advantages of Compound Interest Investing: 🌟 Exponential Growth: Compound interest can significantly increase your wealth over time, especially with long-term investments. 💹 Passive Income: Once set up, compounding works automatically, growing your investment with minimal ongoing effort. 💤 Encourages Long-Term Thinking: The power of compound interest is best realized with a long-term investment horizon. 🌅 Practical Applications: 📈 Retirement Accounts: Investments like 401(k)s and IRAs often use compound interest, making them powerful tools for long-term savings. 🏦 Reinvestment of Dividends: In stock investing, reinvesting dividends can lead to compounding growth. 📈 Interest-Bearing Savings Accounts: Even savings accounts use compound interest, though often at a lower rate. 💵 In Summary: Compound interest investing leverages the power of reinvesting earned interest to generate accelerating returns over time, making it a foundational concept for long-term wealth accumulation. 🌟💼

⭕ Market Pulse / 09.08.2024 ↗️ US stocks inched upward on Friday as the stock market built on its incredible comeback from Monday's violent rout. The broad market index was close to reversing its weekly fall. 🔤🔤🔤🔤This week marked the most volatile week of 2024 for the market. The Dow on Monday tumbled 1,000 points, while the S&P 500 lost 3% for its worst day since 2022. Disappointing U.S. payrolls data from the prior week and concerns the Federal Reserve was too late with rate cuts were the main culprits for the selling, along with the unwinding of a popular currency trade by hedge funds. However, the major averages mounted a comeback, with Thursday's encouraging weekly jobless claims number helping alleviate investors' concerns about the U.S. economy. 🛢 U.S. crude oil gained more than 4% for the week as recession fears have eased and the risk of a wider war in the Middle East that could disrupt production and transportation looms over the market. The West Texas Intermediate contract for September rose 0.85% for the session to settle at $76.84 per barrel. The Brent October contract gained 0.63% to settle at $79.66 per barrel. 📈Akamai Technologies reached headed for its best day in more than half a decade after the cloud company's better-than-expected earnings report. Friday's advance comes after the Massachusetts-based company said it earned $1.58 per share, excluding items, on $980 million in revenue for the second quarter. Analysts polled by LSEG expected just $1.53 in earnings per share on $977 million in revenue. 📉E.l.f. Beauty's stock declined more than 15%, putting the cosmetics company on pace for its worst day since March 2020. The drop came even after the company posted stronger-than-expected fiscal first-quarter results. E.l.f. Beauty posted adjusted earnings of $1.10 per share on $324 million in revenue, topping the 84 cents per share and revenue of $305 million expected by LSEG analysts. The company lifted its guidance, saying it expects sales to range between $1.28 billion and $1.3 billion for fiscal 2025. Analysts polled by LSEG had braced for sales guidance of $1.3 billion. 📈S&P Movers: 📈Akamai Tech +11% 📈Expedia Group +10% 📈Eli Lilly +6% 📉Insulet -9% 📉Intel -4% 📉Las Vegas Sands -3% Market Data 📈 S&P 500 +0.5% 📈 NASDAQ +0.5% 📈 STOXX 600 +0.6% 📈 DAX +0.2% 📉SHANGHAI -0.3% 📈NIKKEI +0.6% 📊 GOLD +0.2% 💵💵 BTC -0.5% 🔺️ VIX -14.4% Today's recommendation: CAC40 Snowball 14 Snowealth's professional analysis team recommends that investors should start investing in Snowball products linked to the French CAC40 index for 14 days. The French CAC 40 index has been on a positive trajectory recently, with the index showing resilience despite global economic uncertainties. As of August 2024, the CAC 40 has been performing well, bolstered by positive corporate earnings and expectations of potential interest rate cuts. Key drivers include strong performances from major international companies listed on the index, such as luxury brands and automotive giants. The index has even crossed the significant 8,000-point mark earlier this year, driven by investor optimism surrounding the macroeconomic environment, particularly in light of lower inflation and stable growth expectations in Europe. However, there are concerns that this growth may not be sustainable in the long term if economic conditions deteriorate, especially with ongoing geopolitical tensions and fluctuating energy prices. Nonetheless, the current momentum indicates a bullish outlook in the short to mid-term

🟢 Market Pulse / 08.08.2024 ↗️ US stocks go up as labor-market data calm recession fears. The S&P 500 hit its best day since 2022 adding 2.3%. The blue-chip Dow and tech-heavy Nasdaq were also on track for their best day in over a year. The 10-year Treasury yield traded above 4% following the jobless claims data, a level seen before the disappointing July jobs report Friday sent markets reeling. Also aiding markets Thursday was a weaker Japanese yen versus the U.S. dollar.  📊The latest weekly jobless claims came in below forecasts, helping to allay some recent concerns on the strength of the labor market. First-time filings for jobless benefits came in at 233,000 last week, down 17,000 from the previous week and lower than the Dow Jones estimate for 240,000, the Labor Department reported Thursday. The report comes with Wall Street on edge amid signs that job growth is slowing and even signaling a potential recession on the horizon. Stock market futures, which had been negative earlier, turned sharply positive following the report 🔼Pharmaceutical giant Eli Lilly surged around 9% after posting better-than-expected earnings and raising its full-year outlook on strong demand for diabetes treatment Mounjaro and obesity drug Zepbound. The drugmaker now expects full-year adjusted earnings of $16.10 to $16.60, up from a previous guidance of $13.50 to $14 per share. The company also expects revenue for the year to come in between $45.4 billion and $46.6 billion, an increase of $3 billion at both ends of the range. 🔼Under Armour shares popped 20% during Thursday’s session, putting the athletic apparel company on pace for its best session since October 2018. The gains came after the company posted better-than-expected fiscal first quarter results. Under Armour posted earnings of 1 cent per share on $1.18 billion in revenue. Analysts polled by LSEG estimates an 8-cent loss per share and $1.15 billion in revenue.The company also agreed to settle a securities lawsuit for $434 million. S&P Movers: 📈Monolithic Power +11% 📈Parker-Hannifin +11% 📈Eli Lilly +9% 📉McKesson -11% 📉Monster Beverage -11% 📉Warner Bros Discovery -9% Market Data 📈S&P 500 +2.3% 📈NASDAQ +2.9% 📈 STOXX 600 +0.1% 📈 DAX +0.4% 📈 SHANGHAI +0.0% 📉 NIKKEI -0.8% 📊 GOLD +1.3% 💵 BTC +5.3% 🔺️ VIX -13.4% Today's recommendation: IBEX35 Snowball 7 Snowealth's professional analysis team recommends that investors should start investing in Snowball products linked to the Spanish IBEX35 index for 7 days. The IBEX35 is Spain's principal stock market index, comprising the 35 most liquid and largest companies listed on the Spanish Stock Exchange. The IBEX 35 offers diversification across multiple sectors, including finance, utilities, telecommunications, and industrials. This diversification helps mitigate risk by reducing reliance on a single industry, providing a balanced exposure to Spain's economic drivers​. Spain has shown resilience in recovering from economic downturns, with growth driven by sectors like tourism, exports, and renewable energy. Investing in the IBEX 35 allows investors to capitalize on Spain's ongoing economic recovery and potential growth, especially in industries like green energy and technology .

Aug 8 - The rupee on Tuesday dropped to a lifetime low of 83.96 to the U.S. dollar, and would have likely depreciated more if not for RBI’s instructions and direct intervention. The Reserve Bank of India has asked some large banks to not add to their existing positions against the rupee in a bid to support the currency which has fallen to all-time lows for three straight days, four bankers said. Officials from the RBI's financial markets regulation and operations department rang big banks on Tuesday, when the currency was at risk of breaching the 84/$ level in the spot market, the bankers, who declined to be identified since they are not authorised to speak to the media, said. US Markets: Both the S&P 500 and the Dow Jones Industrial Average rose, up 1.1% and 1.3%, respectively. Technology stocks performed particularly strongly, with the Nasdaq Composite also rising. Airbnb's stock plunged 15%, its biggest single-day drop since its IPO in 2020 (ATFX) (mint). European Markets: Major European stock indices also rebounded. The UK's FTSE 100, Germany's DAX and France's CAC 40 all rose. This was mainly due to a rebound in oil prices and good corporate earnings reports (ATFX). Asian Markets: Asian markets also performed well. Japan's Nikkei 225 and China's Shanghai Composite both rose. The market is optimistic about the new economic stimulus policies that the Chinese government may introduce (mint). Other Factors: Global oil prices also rebounded, with Brent crude oil prices approaching $79 per barrel, which provided support for the energy sector. In addition, the stable performance of the US debt market also boosted investor confidence (ATFX) (mint). In general, global stock markets rebounded yesterday after a few days of adjustment, mainly driven by good corporate earnings reports and the market's positive expectations for economic policies. Today's recommendation: RTS Snowball 7 Snowealth's professional analysis team recommends that investors should start investing in Snowball products linked to the Russia RTS index for 7 days. The RTS index covers leading companies in multiple industries, including energy, finance, communications, raw materials, etc., providing a diversified investment portfolio and reducing the impact of fluctuations in a single industry on overall investment. This diversification can effectively spread risks and provide more stable returns​ Since Russia is a major energy producer and exporter in the world, energy companies in the RTS index such as Gazprom and Lukoil have important influence on the global market. The performance of these companies is often closely tied to global energy prices, providing investors with the opportunity to participate in global energy markets​ The Russian market's high volatility and higher risk levels are often accompanied by higher potential returns. Some components of the RTS Index may provide significant returns when economic growth and market conditions are favorable. This is a potentially high return opportunity for investors with higher risk tolerance Valuations in Russian markets are generally lower compared to other emerging markets, meaning investors can buy high-quality assets at cheaper prices. Relatively low valuations provide good investment opportunities, especially if the global market environment is favorable

Aug 7 - Asian share markets extended their rally on Wednesday, led by another bounce in the Nikkei, as the Bank of Japan unexpectedly turned cautious on rate hikes amidst market volatility, which led to a sharp fall in the yen. After falling 3% early in the day, the Nikkei rebounded 2.8% and was almost back where it started before Monday's 13% crash. BOJ Deputy Governor Shinichi Uchida saved the day, and perhaps the fate of the yen carry trade, by saying the central bank wouldn't hike interest rates when markets are so volatile. Global investors reacted positively to the BOJ's new guidance. European stock markets are set to rally sharply when they open, with EUROSTOXX 50 futures STXEc1 firming 1.3% and FTSE futures adding 1.2%. Pretty much everything rose. Even trade data from China contained a pleasant surprise on the strength of domestic demand as imports beat expectations. Export growth missed forecasts, but were still up solidly. Today's recommendation: Hang Seng Snowball 180 Snowealth's professional analysis team recommends that investors should start investing in Snowball products linked to the Hong Kong Hang Seng index for 180 days. According to our calculations of Hong Kong stock market historical data, the Hang Seng Index is currently at its historical bottom. In addition, the global market downside risks have been fully released, and the Hang Seng Index has shown a strong resistance to decline. In addition, various economic indicators have tended to stabilize and improve, and with friendly policy support, we expect the Hong Kong stock market to stabilize and rebound in the next two quarters, and is expected to bottom out and rebound, which will bring more investment opportunities to investors. Therefore, we recommend that you choose to invest in snowball products linked to the Hang Seng Index. The 180-day snowball product will bring you a coupon income of 160%.

Aug 6 - Japanese stocks jumped at the open on Tuesday, underpinning a recovery across battered Asian share markets, after central bank officials said all the right things to soothe investor nerves. The Nikkei (.N225), opens new tab soared more than 10% to above 34,500, rebounding sharply from its 31,458 close on Monday. The index had plummeted 12.4% in the previous session in its worst sell-off since the 1987 Black Monday crash. The S&P 500 (.SPX), opens new tab had lost 3.00% on Monday, with the Nasdaq Composite (.IXIC), opens new tab slumping 3.43%, extending a recent sell-off as fears of a possible U.S. recession spooked global markets. Yields on 10-year Treasury notes were back at 3.84%, having been as low as 3.667% at one stage. The head of Australia's central bank on Tuesday ruled out rate cuts in the near term, saying policy had to remain restrictive to bring stubborn core inflation to heel. Speaking after a policy meeting, Reserve Bank of Australia (RBA) Governor Michele Bullock said the bank's board had discussed raising rates at the meeting, but decided policy was in the right place for the time being. As Europe wakes up, Wall Street is looking steadier, with S&P 500 futures rebounding 1.5%. The three-day rout cost the S&P 500 (.SPX), opens new tab 8% of its value. The Europe-wide STOXX 600 index (.STOXX), opens new tab, seems set to rise, after it logged its steepest three-day decline since June 2022 on Monday, closing below the key 500-point mark for a second day. Today's recommendation: Hang Seng Snowball 90 Snowealth's professional analysis team recommends that investors should start investing in Snowball products linked to the Hong Kong Hang Seng index for 90 days. We can find that when the Asian stock market as a whole is experiencing a sharp decline, some markets are performing very stably, such as the Hong Kong Hang Seng Index, because the Japanese and Korean stock markets have enjoyed a certain increase this year, thus forming a valuation bubble. In comparison, the Hang Seng Index has been moving in the opposite direction this year, so the Hang Seng Index is in a historical position. At the moment when the Asian stock market is experiencing a huge shock, the Hang Seng Index is relatively less affected and is very resistant to declines, which provides effective support for our investment. We believe it is the most suitable investment opportunity under the current market conditions.

Aug 5 - Stock markets tumbled on Monday and Japanese shares plummeted a gut-wrenching 13% as fears the United States could be heading for recession sent investors rushing from risk while wagering that rapid fire rate cuts will be needed to rescue growth. The safe haven yen and Swiss franc surged as crowded carry trades unravelled, sparking speculation some investors were having to unload profitable trades just to get the money to cover losses elsewhere. Such was the torrent of selling that circuit breakers were triggered in exchanges across Asia. "Before the recent selloff in early August, we were cautious about chasing the global equities rally, which had been largely driven by the surge in global tech stocks. There may still be room for the recent sell-off in equities to continue, given the significant rally in technology stocks earlier this year and investors seeking to sell assets to cover losses." Japan's Nikkei (.N225), opens new tab shed a staggering 13% to hit seven-month lows, a scale of losses not seen since the 2011 global financial crisis. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS), opens new tab lost 4.2%. "We have increased our 12-month recession odds by 10pp to 25%," said analysts at Goldman Sachs in a note, though they thought the danger was limited by the sheer scope the Fed had to ease policy. Recently, due to pessimism about economic recession, global stock markets have experienced huge shocks, and some indexes have even hit new lows in recent years. Panic in the global market continues to ferment and spread. In this atmosphere, the market is prone to continue to fall irrationally. Therefore, in order to protect the investment security of our investors and avoid systemic risks, Snowealth's professional investment analysis team recommends that investors suspend product investment for the time being and wait and see the overall performance of the market in the future to make corresponding investment decisions. Such measures can protect our investors from being invincible and obtaining stable long-term returns instead of suffering any losses.