submitted by /u/Pllover12 [link] [comments]
Month: December 2024
TKL: The market has rarely ever been so concentrated: The market cap of the top 10 stocks in the S&P 500 is now at a record $20.9 TRILLION.
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]
Yesterday I added a wonderful market analysis tool TRENDSPIDER to my trading. Having analyzed the market and connected my favorite ZigZag indicator, I already have a good percentage of profit. Let’s see what happens next🧐
submitted by /u/glira31 [link] [comments]
Softbank CEO Masa Son is reportedly visiting the US today to announce a $100 billion investment with President- elect Trump, per CNBC.
The investment will be focused around building out AI and aims to create 100,000 jobs in the US. submitted by /u/XGramatik [link] [comments]
European Stocks trading at an all-time record discount relative to U.S. Stocks
submitted by /u/XGramatik [link] [comments]
3 strikes you’re out? Canadian Dollar on the verge of falling to its weakest level against the U.S. Dollar in 21 years
submitted by /u/glira31 [link] [comments]
Presenting OpenAI’s Sora. The future is now🤣🤣🤣
submitted by /u/FXgram_ [link] [comments]
Starmer: “…Our partnership with Norway will make the UK more energy-secure, ensuring we are never again vulnerable to global energy price spikes or the whims of dictators like Putin.” Sir Keir Starmer: Norway deal could end Putin’s hold on energy bills. – The Times
submitted by /u/XGramatik [link] [comments]
trading ages you😂
submitted by /u/Denchock [link] [comments]
EUR/USD holds mild gains as Eurozone PMI contracts at slower pace, Fed policy remains key
EUR/USD gains slightly to near 1.0515 ahead of the preliminary PMI data of both the Eurozone and the US for December. The ECB is expected to cut interest rates further by 100 bps next year. Investors will keenly focus on the Fed’s dot plot for fresh interest rate projections in the US. submitted by /u/Denchock [link] [comments]
The market will always mock the retail trader.
submitted by /u/XGramatik [link] [comments]
Turkey is reviving a project to transport gas from Qatar to Europe via Syria and Turkey. With Assad no longer a hurdle, the path is clear. Success would make Turkey Europe’s top gas conduit, with Erdogan holding the tap. That’s the main explanation for recent events. Kurds, Assad – just side dishes.
submitted by /u/FXgram_ [link] [comments]
An interesting start to the final trading week before Christmas: Emaar Development jumps +13%, and Emirates NBD rises +8.1%.
submitted by /u/XGramatik [link] [comments]
Gold price hangs near one-week low; traders seem reluctant ahead of FOMC meeting
Gold price enters a bearish consolidation phase near a one-week trough touched on Monday. Bets for a less dovish Fed seem to cap the XAU/USD ahead of the FOMC meeting this week. Geopolitical tensions, softer US bond yields and USD offer some support to the XAU/USD. submitted by /u/Denchock [link] [comments]
Palantir shares (PLTR) are likely to be in the spotlight. Key levels to watch during retracements, by Timothy Smith
submitted by /u/FXgram_ [link] [comments]