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🚨 BREAKING NEWS: Will $NVDA Nvidia SPOIL THE PARTY?
NVIDIA IS REPORTEDLY REROUTING ORDERS WHICH WERE PREVIOUSLY PLACED BY $SMCI WHICH WAS NVDA’S 3’RD LARGEST CUSTOMER TO OTHER SUPPLIERS TO CONTROL THE “ISSUE” NVDA MAY BE IN DEEP TROUBLE AND THERES SIGNS OF THEM CRACKING ALREADY
📢 Here's the initial stock market reaction Trump victory:
𝗜𝗻𝗱𝗲𝘅𝗲𝘀 S&P 500: +2.1% $SPX $SPY Dow 30: +2.6% $DJI Nasdaq 100: +1.8% $NDX $QQQ Russell 2000: +5.9% $RUT 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗲𝘀 𝗱𝗼𝘄𝗻 👎 Solar Renewable Energy Electric Vehicles (excl. Tesla) Chinese stocks Cannabis 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗲𝘀 𝘂𝗽 👍 Banks Technology Cryptocurrencies Small caps Most other sectors Source. The Future Investors
AstraZeneca on a Key Support Zone
AstraZeneca (AZN LN) has declined 25% since the end of September and is now reaching a key support zone between 9460-10360. Additionally, there is a major support zone at 9333-9655, marked by the March 2022 breakout level, which has seen multiple rebounds. These levels will be crucial to watch for potential support. Source: Bloomberg
🚨 THE SHOCKING CHART OF THE DAY >>>
THE FEDERAL RESERVES REVERSE REPO HAS FALLEN TO $155 BILLION WHICH IS THE FIRST TIME WE SEEN THIS LEVEL SINCE MAY 2021🚨 USUALLY WHEN IT FALLS IT LOWERS YIELDS BUT INSTEAD THEY’RE MOVING UP AND 10YR YIELDS FLEW TO 4.3% LAST WEEK. It was initially used to pull money out of the economy to reduce inflation. Then it went back into economy and then into equites. What's next? Source: Mike Investing on X
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