"Schwab's Positive Earnings Contrast with Broader Economic Concerns Ahead of Elections"

🌟 Featured Story: Market Movers This Week

This week has been dynamic for investors, with notable stock movements driven by stronger-than-expected earnings and positive news on upcoming product launches. Analysts are increasing price targets, indicating a strong buy sentiment in the tech sector. Monitoring these market movers can offer valuable insights for trading strategies, whether you're focusing on short-term gains or long-term investments. Understanding the factors influencing these stocks can enhance your competitive edge.

📊 Top Trading Strategies

Whether you're an experienced trader or a beginner, having effective strategies is crucial for success. Here are the top trading strategies to consider implementing this week to enhance your trading approach.

1. GARP (Growth at a Reasonable Price) :

 This strategy combines elements of growth and value investing, focusing on companies that have strong growth potential but are trading at reasonable valuations.

2. Market Making:

Involves providing liquidity by placing buy and sell orders, profiting from the bid-ask spread. This strategy is often used by professional traders and institutions.

3. Seasonal Trading:

Taking advantage of historical patterns in stock performance during specific times of the year (e.g., "Sell in May and Go Away").

4. Technical Patterns:

Using specific chart patterns (like head and shoulders, flags, and triangles) to predict future price movements based on historical behavior

💡 Expert Insights

Expert Saw This week saw record highs on Wall Street as investors awaited quarterly earnings, while European markets remained cautious due to geopolitical tensions.

Hot Stocks Major gainers included Arcadium Lithium and Uber, while Tesla and Vistry Group faced significant declines.

Upcoming events include key earnings reports and a likely rate cut from the European Central Bank.

🚀 Hot Stocks to Watch

• ASML Holding N.V. (ASML): ASML's shares dropped over 16% after it cut its 2025 sales forecast and reported disappointing Q3 earnings, missing both revenue and booking estimates. The company anticipates a slower market recovery, particularly outside of its AI-related business, leading to additional declines in stocks like Nvidia and AMD..

• Bright Minds Biosciences Inc. (DRUG): Bright Minds Biosciences has confirmed that its management is unaware of any material changes in operations despite a significant recent increase in market activity. The company focuses on developing innovative treatments for neuropsychiatric disorders and aims to enhance therapeutic effects while minimizing side effects.

• ASML Holding N.V. (ASML.AS): ASML Holding's shares dropped over 16% after cutting its 2025 sales forecast and reporting Q3 earnings of €5.28 per share, missing expectations. The company noted slower market recovery outside of AI, with Q4 revenue projected between €8.8 billion and €9.2 billion.

• LVMH Moët Hennessy - Louis Vuitton, Société Européenne (MC.PA): LVMH Moët Hennessy's stock fell nearly 8% after a disappointing revenue update showed a 3% year-over-year decline in Q3, driven by a 5% drop in its key fashion and leather goods segment due to softening demand in China and Japan. While other categories like perfumes and cosmetics saw slight gains, analysts had expected a growth in fashion, raising concerns about cautious consumer spending.

• Wolfspeed, Inc. (WOLF: Wolfspeed Inc. (NYSE: WOLF) saw its stock surge over 16% after signing a preliminary agreement for up to $750 million in funding under the CHIPS and Science Act to boost silicon carbide production. This funding, alongside additional financing from a consortium, positions Wolfspeed to enhance domestic chip manufacturing, crucial for electric vehicles and AI technologies.

🔔 Alerts & Updates

This week, several key stock market developments and updates are catching investors' attention:

1. Charles Schwab Corp. shares rose 6.1% following the announcement of its third-quarter earnings, which surpassed Wall Street estimates with a net income of $1.4 billion and a record $9.9 trillion in total client assets. The company also made progress in reducing its debt. This positive performance highlights increased investor confidence in Schwab's wealth management offerings.

2. Investors are increasingly concerned about inflation risks related to the upcoming U.S. presidential election, with prediction markets favoring Donald Trump over Kamala Harris. Economists anticipate higher inflation and interest rates under Trump's policies, while a Bloomberg survey suggests similar economic outcomes regardless of the election result.

3. Long-term U.S. Treasury yields fell for the second consecutive day, influenced by a weak manufacturing report from the New York Fed and declining oil prices due to tensions in the Middle East. The yield on the 10-year Treasury dropped to 4.015%, reflecting traders' concerns about economic conditions.

It’s a wrap!

Stay informed, stay profitable. Happy trading! 💹