Trump officially calls for the purchase of Greenland, stating:
“For purposes of national security and freedom throughout the world, the US feels that the ownership of Greenland is a necessity.” Source: AF Post
Novo Nordisk Long-Term Bullish Trend Broken
Novo Nordisk (NVO) has seen its long-term bullish trend broken, with the stock losing 49% since its highs. It’s now trying to find support. On Friday, the stock rebounded from the major support zone between 504-535. The stock will likely be volatile in the coming days, so keep an eye on this support zone to see if it has found a low. Source: Bloomberg
JUST IN - US MACRO DATA RELEASED ⚡
👉 GDP (Q3), 3.1% Vs. 2.8% Est. (prev. 2.8%) 👉Jobless Claims, 220K Vs. 230K Est. (prev. 242K) 👉PCE Prices (Q3), 1.5% Vs. 1.5% Est. (prev. 2.5%) 👉Core PCE (Q3), 2.2% Vs. 2.1% Est. (prev. 2.8%)
Is this the Santa Rally?
US Mortgage Rates Surged Back Over 7% Today Source: Amy Nixon on X
America's massive leverage summarized in one chart
Source: The Rabbit Hole
Remember: timing the market versus time in the market.
Source: Willie Delwiche, CMT, CFA @Tyler_Lovingood
On December 10th, Lisa Su was named CEO of the year.
Today, $AMD made a new low for 2024🔻 Source; Stocktwits
Today's bombshell >>>
In a jaw-dropping 3-minute video, BlackRock just challenged Bitcoin's most sacred promise. The world's largest asset manager suggests the unthinkable: "There's no guarantee that Bitcoin will maintain its 21 million coin limit." They’re right—there’s no guarantee. If everyone decides to change the supply cap, then it will be changed. But that’s highly unlikely. See some comments below on X
