L'Oréal Rebounding off Major Support
L'Oréal (OR FP) showed strong signs of a rebound last week with a Hammer candlestick pattern. The stock tested the major swing support zone between 300-328 and has seen a 31% consolidation since June! Source: Bloomberg
Best ad ever... or why in communication less is more...
Source: Creapills 💊
Breaking news:
Officially, Gary Gensler’s five-year term on the commission does not run out until 2026, but it has become customary for SEC chairs to move on when the US presidency changes hands. https://on.ft.com/4fzNwtJ Source: FT
The similarity between the Dollar rise since the election and what happened in 2016 is uncanny.
In both cases, the Dollar was by this point closing in on a 4% rise, with an ultimate rise of around 6% by the end of the year. So - if 2016 is a guide - there's another 2% to go now. Source: Robin Brooks
⚠️NVIDIA MOMENTUM IS FADING⚠️
Nvidia announced it expects revenue of $37.5 billion in Q4 which is $400 million above average expectations. $400 million was the SMALLEST beat in at least 2 years. By comparison, the Fiscal 2Q 2024 sales expectations were beat by $3.8 BILLION. Source: Global Markets Investor
Schwab CEO Says He "Feels Silly" For Not Buying Crypto;
Announces that Schwab Will Enter Spot Crypto Markets. Source: Bloomberg, Matthew Sigel on X
15% of Micro Strategy $MSTR float is still short...
Source: www.zerohedge.com
A tweet by Elon Musk
#doge Source: Elon Musk on X
