Holy Molly... Wall Street bleeding...
Whatever happens to it's all priced in for Interest Rates no change?

thats what they tell dumb money ...

Wall street didn't expect fed to hold rates for longer. They thought rate cut coming.

Market already price in rates to remain. The unexpected was the rate cut for 2024. Market was pricing in 4 rates cut next year. Powell slap them and said 2024 will have less than 3 rates cut, so the market panic.

Also 1 more rate hike this year

When he open his mouth, definitely bad.

Inflation doesn't favor the FED. Put a brake on the market.

Sept is a bearish month.

Great great.

Salary day soon

👀🍿🍷🤤

WSJ BUSINESS | RETAIL

Amazon’s New Challenge: Bargain Retailers Who Are Playing a Different Game
U.S. e-commerce giant weighing how to respond to growing threat from Shein and Temu, two online shopping competitors

https://www.wsj.com/business/retail/amazon-...share_permalink

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WSJ NEWS EXCLUSIVE | C-SUITE

An Insurance Regulator Asked for a Favor. It Cost a Senior Executive His Job.
Prudential’s CFO resigned after he tried to help line up a job for a regulator’s relative

https://www.wsj.com/business/c-suite/an-ins...share_permalink

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WSJ FINANCE | REGULATION

FTC Sues Large Private-Equity-Backed Anesthesia Provider
Antitrust lawsuit marks move to challenge consolidation engineered by private-equity firms

https://www.wsj.com/finance/regulation/ftc-...share_permalink

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WSJ HEALTH | PHARMA | HEARD ON THE STREET

This Cancer Therapy is Lifesaving, but There Isn’t Enough of It
Cell therapy for multiple myeloma promises to be a major blockbuster for J&J and partner Legend, if they can increase manufacturing

https://www.wsj.com/health/pharma/blockbust...share_permalink

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WSJ FINANCE

How U.S. Households Got Turned Upside Down by Higher Interest Rates
Consumers are only now beginning to feel the full effects of the Fed’s higher-for-longer policies

https://www.wsj.com/finance/how-u-s-househo...share_permalink

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WSJ US | REAL ESTATE

Flood-Insurance Program Faces a Backlash—and a Deadline
Home-purchase closings could be derailed if it lapses

https://www.wsj.com/real-estate/flood-insur...share_permalink

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WSJ BUSINESS | HOSPITALITY | HEARD ON THE STREET

How Olive Garden Keeps Blooming
Casual-dining giant Darden is swimming against a receding consumer tide

https://www.wsj.com/business/hospitality/ho...share_permalink

Welp, the blood didn't last long.

Overall this week, Bears won and Bulls licking their chops..soon to be steak for Bears if this continue next week.


We're almost back to 3 months low. All 3 major indexes got some work to fight back the weekly uptrend, otherwise well see the 200 dma.

WSJ FINANCE | BANKING

Higher for Longer Interest Rates Threaten Fintech
Shares of Affirm, Block and PayPal have fallen since the Fed announcement

https://www.wsj.com/finance/banking/higher-...share_permalink

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WSJ REAL ESTATE | COMMERCIAL

Watching the Real-Estate Bust From the Streets of San Francisco
City’s new landmarks are struggling office buildings and a shopping mall losing tenants

https://www.wsj.com/real-estate/commercial/...share_permalink

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WSJ ECONOMY | CENTRAL BANKING | HEARD ON THE STREET

Higher Rates Are Supercharging Japan’s Banks
After years of low margins, a quiet sea change is under way

https://www.wsj.com/economy/central-banking...share_permalink

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WSJ ECONOMY | CENTRAL BANKING | HEARD ON THE STREET

The Hedge Fund Meltdown That Rescued Your Stock Portfolio
Long-Term Capital Management’s collapse 25 years ago started a habit hard to break—the ‘Fed put’

https://www.wsj.com/economy/central-banking...share_permalink

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WSJ BUSINESS | HOSPITALITY | HEARD ON THE STREET

The Furious Race for the Future of Coffee
Starbucks is making a big push in China. Other chains are pushing even harder.

https://www.wsj.com/business/hospitality/st...share_permalink

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WSJ BUSINESS | ENERGY & OIL | HEARD ON THE STREET

Oil at $100 Is Too High, Even for Energy Companies
As crude oil prices near triple digits, it isn’t just consumers feeling uneasy

https://www.wsj.com/business/energy-oil/oil...share_permalink

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WSJ TECHNOLOGY | HEARD ON THE STREET

Football Is New Life for Electronic Arts
Launch of first soccer title without FIFA name carries some risk, but EA’s biggest videogame has a deep moat

https://www.wsj.com/tech/football-is-new-li...share_permalink

We need more sell offs in the market to weed out more fat. Else we wont get a sustained bullish move in future. If we can get another 10% correction in individual Big Tech stocks, it will provide a nice entry point to add in.

WSJ ECONOMY

Wall Street Is Hoping $100 Oil Ain’t What It Used to Be
Will surging prices derail the Fed’s soft-landing? It Is complicated

https://www.wsj.com/economy/wall-street-is-...share_permalink

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WSJ NEWS EXCLUSIVE | FINANCE

The Hedge Fund That Made a Killing Betting Against Lina Khan
Pentwater Capital predicted that FTC attempts to block big deals would fail

https://www.wsj.com/us-news/law/the-hedge-f...share_permalink

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WSJ FINANCE

The IPO Market Is Open Again! At Least for the Moment.
Arm, Instacart and Klaviyo popped on their first trading day, but their performance since then has muted

https://www.wsj.com/finance/stocks/ipo-mark...share_permalink

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WSJ FINANCE | CURRENCIES | HEARD ON THE STREET

Twenty-Five Years After LTCM, Emerging Markets Keep Burning Investors
Though developing economies have changed for the better, the benefits aren’t always convertible into dollars

https://www.wsj.com/finance/currencies/twen...share_permalink

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WSJ FINANCE | INVESTING

America’s Billionaires Love Japanese Stocks. Why Don’t the Japanese?
Japan’s government wants cash-hoarding households to invest more

https://www.wsj.com/finance/investing/ameri...share_permalink

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For researchers like me...

WSJ SCIENCE

The Band of Debunkers Busting Bad Scientists
Stanford’s president and a high-profile physicist are among those taken down by a growing wave of volunteers who expose faulty or fraudulent research papers

https://www.wsj.com/science/data-colada-deb...share_permalink

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WSJ LIFESTYLE | CAREERS | ON THE CLOCK

Nobody at Work Wants to Hear About Your Student-Loan Payments
Debt-free co-workers say they made sacrifices and smart choices, and they have little patience for sob stories

https://www.wsj.com/lifestyle/careers/nobod...share_permalink

For those with TD Singapore
27 October 2023
Beginning 27 October 2023, all remaining non-Accredited Investor accounts will be charged a monthly account maintenance fee of USD $50. Accounts with cash balances less than USD $50 will only be charged an amount to reduce their cash balance to $0 (zero). 

Current Retail Clients - Take Action

Starting in December 2023, TD Ameritrade Singapore will focus on Accredited Investors only—discontinuing services to non-Accredited Investors. We are grateful for the opportunity to have served your investing needs over the years.
If you do not wish to become an Accredited Investor or if you do not meet the requirements, you’ll need to act immediately to avoid any account impacts, such as fees and restrictions. 

You should have received an email from TDA Singapore this morning.

Otherwise, visit more information at: https://www.tdameritrade.com.sg/retail-clients.html

This post has been edited by Ramjade: Sep 26 2023, 10:07 AM

Are they want to closing down or change to VIP club?

VIP club. If you are not VIP, that want you out unless you want to pay fees.

This post has been edited by Ramjade: Sep 26 2023, 10:51 AM

So got to sell all the share and transfer out the cash. Damn.

Or possibly transfer your share to the new broker?

Any broker to recommend? I'm asking whether we can transfer out the share, but I would think there is some fee. So pity be B40, no people want to play with you

This post has been edited by jasontoh: Sep 26 2023, 11:16 AM

Just use interactive broker. Yes can transfer. I think called ACAT transfer. Takes time though.

Many people here using IBKR. Should be good.

50 usd per month for retail traders, that is quite an amount. looks like they want to flush out all retail traders.