Bloomberg says a Bitcoin $BTC Reserve would be the biggest Crypto Scam yet
🚨 Do you agree? 🤔 Source: Barchart
AMD CEO Lisa Su was just named CEO of the year by TIME Magazine
Source: Evan @StockMKTNewz
MICROSTRATEGY TO JOIN NASDAQ 100 - Bloomberg
“We expect net buying of at least $2.1b shares by ETFs” - @JSeyff thru Eric Balchunas
This is wild 🔴
Source: Matt Allen @investmattallen
Rebalancing this Friday, December 13th.
ADD: $MSTR $PLTR $EQUIX Removal: (Will remove certain stocks) Source: The Architect @astocks92 SOURCE: BLOOMBERG INTELLIGENCE
$AAPL Apple’s total revenue increased 2.02% from the previous year in 2023.
The stock price rose 28% while the valuation has hit a record high 40 (P/E) Source: The Coastal Journal
The breakout continues:
Gold jumps 1.3%, biggest one-day move since November 22, well above the 50DMA and briefly above $2700. The race to new all time highs is on. Source: zerohedge
J.C. Parets, CMT / All Star Charts created a brand new Index on China stocks
the FANGhai Composite Index which includes BABA, PDD, BIDU, BYDDF, XIACY, JD & TCEHY. Below is what this index chart looks like. Full article >>> Think about this Index as representing the most important companies in China that trade on US exchanges. Here's a quick rundown of China's "Magnificent 7": -> Alibaba Group (BABA): Leading global e-commerce and cloud services giant, often compared to Amazon. This is truly the "Amazon of China,” with a heavy footprint in e-commerce and digital services. -> Pinduoduo (PDD): E-commerce platform rapidly growing through its group-buying model. Think of this one as the discount online marketplace of China, focusing on social commerce and price-conscious consumers. -> Baidu (BIDU): China's top search engine and a leader in AI development, particularly autonomous driving and voice recognition. Think of this one as the "Google of China,” with a strong emphasis on AI and search. -> BYD Co. Ltd. (BYDDF): A major manufacturer of electric vehicles (EVs) and batteries. This is the "Tesla of China.” It even trades more like Tesla than it does Chinese Stocks. -> Xiaomi Corp (XIACY): A leading Chinese electronics manufacturer known for its smartphones, smart home devices, and plans for electric vehicles (EVs). This one is emerging as the “Apple of China,” or at least one of them. Their phones & electronics have a huge presence in Asia & Latin America. -> JD.com (JD): Another e-commerce retailer in China. JD is actually the largest by sales and has become a leader in logistics with a robust ecosystem of physical and digital stores. Think of this one as a Chinese hybrid of Walmart and Amazon. JD’s subsidiary, JD Health, is the largest online healthcare platform in China. -> Tencent (TCEHY): A global leader in social media (WeChat), gaming (Riot Games), and digital payments and services. This is basically the “Facebook of China.”
