Weekly Updates 5/5/25 – 9/5/25 May 5, 2025
This weekly update is designed to help you stay informed and relate economic and company earnings to potentially value-add your CFD (Contract For Difference) trading via hedging (risk reducing). This article should be used for educational purposes only and not as financial advice. We urge all traders to carry out your own due diligence before submitting trades.
Recap for last week (28 Apr – 02 May 2025)
*These prices are taken based on the previous Monday’s opening price and the preceding Friday’s closing price.
Last week, the majority of US indexes posted gains as the latest job report showed strong hiring in April easing concerns about a potential economic downturn despite ongoing tariff uncertainties. DexCom (DXCM) had a standout performance, surging 16.2% which is the biggest gain among the S&P 500 stocks. The company exceeded its Q1 revenue estimates driven by strong demand for its glucose monitoring devices. This rally suggests optimism around DexCom’s long term growth despite cost concerns. On the other hand, Apple fell approximately 4% as CEO Tim Cook warned the public about rising cost due to trade tensions with China.
Updates for the week (05 May – 09 May 2025)
The data below showing the economic releases read as “Analyst’s estimate/ Consensus | Previous data”.
This week ahead’s economic calendar mainly focuses on trade data coming out of US and China, and the US Federal Reserve’s FOMC rate decision on Thursday 8th May 2am (Singapore time). With the US’s real GDP dropping -0.3% during Q1 2025, markets participants are eager to find out the state of US economy heading in to Q2 (2nd April 2025 “Liberation Day”). To have a better forecast on what Q2 2025 data will look like. While China’s Trade balance is expected to decrease from $102.64b to $93.9b for Q1 2025.
US earnings releases for this week mainly focus on tech stocks like Palantir, AMD, Shopify, CoinBase and Uber. With Palantir rallying ~68% in a span of a month, market participants are eager to see if the fundamentals and forward guidance by Palantir can justify the 659 P/E ratio it has. With major challenges like the trade war between the US and China, the global tariffs imposed by the US, traders and investors are eager to see how Shopify will tackle and outperform it’s peers in such a volatile and unstable environment.
NetEase Inc (9999.HK) Trade by Sean Ng
Key Entry Price Pivot(s)
- $171.50
Recommended Trade
- Long above $171.50
- Take Profit at $185.00
- Stop Loss at $160.00
Alternative Case
- Short below $160.00
- Take Profit at $135.00
- Stop Loss at $171.50
Remarks
- 9999.HK is reaching a key breakout level at $171.50 and has formed a bullish flag pattern
- Traders could potentially seek to take a long trade if it breaks out strongly. Otherwise, a short trade could be considered
If you have any feedback or questions, feel free to email us at samht@phillip.com.sg or onishathyeyn@phillip.com.sg or cfd@phillip.com.sg.
Disclaimer
This material is provided to you for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell the investment product mentioned. It does not have any regard to your specific investment objectives, financial situation or any of your particular needs.
Accordingly, no warranty whatsoever is given and not liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of your acting based on this information. Investments are subject to investment risks.
The risk of loss in leveraged trading can be substantial. You may sustain losses in excess of your initial funds and may be called upon to deposit additional margin funds at short notice. If the required funds are not provided within the prescribed time, your positions may be liquidated.
The resulting deficits in your account are subject to penalty charges. The value of investments denominated in foreign currencies may diminish or increase due to changes in the rates of exchange.
You should also be aware of the commissions and finance costs involved in trading leveraged products. This product may not be suitable for clients whose investment objective is preservation of capital and/or whose risk tolerance is low.
Clients are advised to understand the nature and risks involved in margin trading. You may wish to obtain advice from a qualified financial adviser, pursuant to a separate engagement, before making a commitment to purchase any of the investment products mentioned herein. In the event that you choose not to obtain advice from a qualifies financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest and we do not offer any advice in this regard unless mandated to do so by way of a separate engagement.
You are advised to read the trading account Terms & Conditions and Risk Disclosure Statement (available online at www.poems.com.sg) before trading in this product. Any CFD offered is not approved or endorsed by the issuer or originator of the underlying securities and the issuer or originator is not privy to the CFD contract. This advertisement has not been reviewed by the Monetary Authority of Singapore.
CFD Disclaimer
Investments are subject to investment risks. The risk of loss in leveraged trading can be substantial. You may sustain losses in excess of your initial funds and may be called upon to deposit additional margin funds at short notice. If the required funds are not provided within the prescribed time, your positions may be liquidated. The resulting deficits in your account are subject to penalty charges. The value of investments denominated in foreign currencies may diminish or increase due to changes in the rates of exchange. You should also be aware of the commissions and finance costs involved in trading leveraged products. This product may not be suitable for clients whose investment objective is preservation of capital and/or whose risk tolerance is low. Clients are advised to understand the nature and risks involved in margin trading.
You may wish to obtain advice from a qualified financial adviser, pursuant to a separate engagement, before making a commitment to purchase any of the investment products mentioned herein. In the event that you choose not to obtain advice from a qualified financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest and we do not offer any advice in this regard unless mandated to do so by way of a separate engagement. You are advised to read the trading account Terms & Conditions and Risk Disclosure Statement (available online at https://www.poems.com.sg/) before trading in this product.
Any CFD offered is not approved or endorsed by the issuer or originator of the underlying securities and the issuer or originator is not privy to the CFD contract.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
This material is intended for general circulation only and does not take into account the specific investment objectives, financial situation or particular needs of any particular person. You should seek advice from a financial adviser regarding the suitability of the investment product, taking into account your specific investment objectives, financial situation or particular needs, before making a commitment to invest in such products.
About the author
Sam Hei Tung (Assistant Manager, Dealing) | Onisha Thye (Dealing)
Sam graduated from National University of Singapore with a Master of Science in Finance. He personally manages his own investment portfolio and does equity and economic research in his free time. Sam believes that education and information is essential to making good financial decisions.
Onisha is a dealer at the CFD Dealing Desk. She graduated from Monash University with a double major in finance and econometrics. Her natural curiosity for finance is what drove her to be in this field as she is fascinated by all the possibilities and opportunities.
