Welcome to the mullet market: Steady benchmarks in the front, crypto party in the back

  • 📰 CNBC
  • ⏱ Reading Time:
  • 47 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 50%
  • Publisher: 72%

Regwall-Pro أخبار

T-Rex 2X Long MSTR Daily Target ETF,Bitcoin/USD Coin Metrics,Microstrategy Inc

Mike Santoli describes how while the headline benchmark stock indexes have been all business, remaining calmly firm in an orderly uptrend

This market is starting to summon the lighthearted take on a mullet haircut: business in the front, party in the back. The headline benchmark stock indexes have been all business, remaining calmly firm in an orderly uptrend, barely laying an errant step for weeks. After a post-election pop that lasted a few days and took its year-to-date gain up to 25%, the S & P 500 has consolidated benignly, pulling back to revisit its pre-election high from October and then bouncing 1.7% last week.

mountain 2023-06-30 Nvidia, since June 30, 2023 Now it appears a violent catch-up move in bitcoin, perhaps depriving some energy from Nvidia shares, which last week finished flat as the company printed an earnings beat and strong guidance. The market's immediate response was simply to allow Nvidia to hold onto the $2.3 trillion in market value it's added this year, but not to pile on more. MicroStrategy party The crypto-geared public equities are where the festivities get a bit wild.

mountain MicroStrategy, YTD In case this stock is too tame, there are leveraged ETFs tied solely to MicroStrategy shares, including one that trades under MSTU , whose volumes have more than doubled this month. A Bloomberg report late last week described the fund sponsor scrambling to replicate the promised return through options when its primer brokers hit limits on their willingness to offer the exposure through swaps.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 12. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

The biggest pressing market questions with two months to go in rewarding yearMike Santoli breaks down the current market crosscurrents as investors prep for year-end.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Bull market revs back up on Trump enthusiasm as traders race to grab small caps, banks and TeslaMike Santoli analyzes the market moves following Trump's reelection.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Postelection stock market thrust unable to be sustained as rate and valuation worries creep back inMike Santoli breaks down the current state of the postelection bull market.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »