December 16, 2024 - Sky-Tide Media

Since the August 5th low, the top 10’s market value has risen by $4.5 trillion. This year, these 10 stocks have added $7.3 trillion in market cap, marking a 54% increase. Furthermore, these 10 stocks are now are worth more than the German, Canadian, UK, Indian and Japanese stock markets COMBINED. In effect, the top 10 accounts now for a record 39% of the S&P 500 index. Truly mind-blowing numbers. submitted by /u/XGramatik [link] [comments]

The Bloomberg economics team expects Nov. retail sales to rise by 0.6% m/m (consensus is 0.5%) due to companies offering discounts and consumers opting for big-ticket items ahead of tariff-driven price hikes in 2025; with an assist from the equity rally and strong income growth

submitted by /u/Pllover12 [link] [comments]

US debt interest costs are mind-blowing: Interest costs on federal debt hit a whopping $87 BILLION last month, the most out of any November on record. – TKL

This is up $7 billion from $80 billion seen a year ago. This means the US government paid $2.9 BILLION of interest PER DAY last month. Interest costs came in at $80 BILLION or higher in 9 out of 11 months this year, a trend that has never occurred before. The worst part? Interest payments are set to reach as high as $150 billion in December, a new monthly record. Truly concerning. submitted by /u/XGramatik [link] [comments]

📊🤓🤔 USD/CHF📉The asset is in the correction after a robust rise. The Alligator’s lips cross the jaw and the Momentum crosses the 100-line down, giving a bearish sentiment.🧐

The asset is in the correction after a robust rise. The Alligator’s lips cross the jaw and the Momentum crosses the 100-line down, giving a bearish sentiment. submitted by /u/Yuriy_UK [link] [comments]

Nvidia (NVDA) has now pulled back 10% from its recent highs the technical definition of a CORRECTION

submitted by /u/XGramatik [link] [comments]

🤔 Germany’s PMI Manufacturing plunged, signaling one of the steepest declines this year. Germany’s economic decline is marked by a €2,500 annual loss per household and a 5% GDP shortfall.

Germany’s PMI Manufacturing plunged, signaling one of the steepest declines this year. Germany’s economic decline is marked by a €2,500 annual loss per household and a 5% GDP shortfall. DE30 bounced off the ascending channel’s uptrend line after crossing the upper Bollinger line, and the RSI came out of overbought. submitted by /u/Yuriy_UK [link] [comments]

Olaf Scholz’s widely anticipated defeat sends Germany to the polls amid a darkening economic outlook, the threat of a trade war with the US and political turmoil elsewhere in Europe.

submitted by /u/glira31 [link] [comments]

Argentina sees first budget surplus since the Global Financial Crisis

submitted by /u/glira31 [link] [comments]

📊🧐💡Bitcoin updates ATH again, yes! BTCUSD has reached the upper trend of the ascending channel and Fibonacci Gold Pocket. The price crossed the upper Bollinger line, and Stochastic came out of overbought.🤔

Bitcoin updates ATH again, yes! BTCUSD has reached the upper trend of the ascending channel and Fibonacci Gold Pocket. The price crossed the upper Bollinger line, and Stochastic came out of overbought. submitted by /u/Yuriy_UK [link] [comments]

MERRY JEROME POWELL WEEK TO ALL THAT CELEBRATE! Watch out for Jerome Powell speaking at 2:30PM ET on Wednesday. What do you think he’s going to say?

submitted by /u/XGramatik [link] [comments]

Saylor is unstoppable: MicroStrategy acquired another 15,350 BTC for $1.5 billion between December 9 and 15, at an average price of $100,386 per Bitcoin. As of December 15, MicroStrategy holds 439,000 BTC on its balance sheet, purchased for $27.1 billion at an average price of $61,725 per Bitcoin.

submitted by /u/XGramatik [link] [comments]

Both Italy and Germany cannot afford US tariffs. While Italy is focused on building good relationships with the new US administration, German green socialists and media stick to the mix of green moralism, arrogance and ignorance, and keep bashing Trump & Elon each day. Good luck

submitted by /u/Pllover12 [link] [comments]

The EU Council has adopted the 15th package of economic and individual sanctions against Russia over its war against Ukraine. These measures target sanctions evasion by hitting Putin’s shadow fleet and weakening Russia’s military – industrial complex.

submitted by /u/XGramatik [link] [comments]

More and more people are involved in the hunt for Russia’s shadow fleet.

submitted by /u/rajdian [link] [comments]

COCOA FUTURES RISE TO FRESH RECORD IN NEW YORK

submitted by /u/XGramatik [link] [comments]

📊🤓💡XAU/USD bounced off the global trendline after the price crossed the lower Bollinger line. CCI came out of oversold condition. Gold!⚡️🧐

⚡️XAUUSD bounced off the global trendline after the price crossed the lower Bollinger line. CCI came out of oversold condition. Gold!⚡️ submitted by /u/Yuriy_UK [link] [comments]