Challenger Job cuts was one of the reasons for the equity market weakness yesterday..
Given the lack of government data, any report gets huge attention... Source: RBC, Bloomberg
Treasury TGA is about to break $1T. Only time bigger was during C-19.
Treasury can’t spend because of shut down. QT ends in December, $70B of buying per month. Potential liquidity tsunami is about to hit the system
Is bitcoin weakness signalling more downside ahead for the Nasdaq?
Source: Bloomberg
Robinhood $HOOD now has 11 separate business segments generating more than $100 Million of revenue on an annualized basis.
Source: Source: Evan @StockMKTNewz
$SPY S&P 500 is back at multi-month channel support.
Can the bulls pull off another stick save? Source: TrendSpider LLC
The US has added copper, silver, and uranium to its official list of critical minerals
This expanded the Trump administration’s definition of resources considered essential to the nation’s economy and security According to a Bloomberg report, citing a US government website, the revised US Geological Survey list now includes 60 minerals in total — 10 more than before — with new additions such as metallurgical coal, potash, rhenium, silicon, and lead. The list also encompasses 15 rare earth elements and replaces the previous version published in 2022. https://lnkd.in/eFTMDJ29 Source: Firstpost
Bespoke on US earnings season thus far:
--Stocks that beat EPS estimates have risen 1.55% while stocks that have missed EPS have fallen 1.33%. --Stocks that have raised guidance (62) have risen 6.1%, while stocks that have lowered (29) have fallen 7.4%. Source: Bespoke
All you need to build a million dollar company?
Source: Omkar @psomkar1
