Cash Bunny
liked
$Twitter (Delisted) (TWTR.US)$ twitter did a close below my critical support. No long setup was opened on my part as it did not meet my criteria of a good R:R trade.
The technicals are looking bearish as we are going down on huge volume sell off. If you are asking where should you average down if you are still bullish, do it at the 45 support and 200SMA at 41.
There may be a technical rebound coming soon for a quick profit but take it with a pinch of salt as it may continue falling a little more before that dead cat bounce and you may overall only breakeven if you time it wrongly.
Do your own risk management and I will come back to re analyse the graph again in due time when it hits the next support!
As always, trade safe & invest wise!
The technicals are looking bearish as we are going down on huge volume sell off. If you are asking where should you average down if you are still bullish, do it at the 45 support and 200SMA at 41.
There may be a technical rebound coming soon for a quick profit but take it with a pinch of salt as it may continue falling a little more before that dead cat bounce and you may overall only breakeven if you time it wrongly.
Do your own risk management and I will come back to re analyse the graph again in due time when it hits the next support!
As always, trade safe & invest wise!
15
Cash Bunny
liked
By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures dipped in early morning trading after the major U.S. market indexes reached record highs on Friday following a better-than-expected October jobs report.
- Twitter users said Mr. Musk should sell 10% of his Tesla stock, a stake valued at about $21 billion, after the CEO polled them and pledged to abide by the outcome of the vote.
Market Snapshot
Stock futures dipped in early morning trading after the major U.S. market indexes reached record highs on Friday following a better-than-expected October jobs report.
Futures on the $Dow Jones Industrial Average (.DJI.US)$ gained 68 points. $S&P 500 Index (.SPX.US)$ futures were flat and $NASDAQ 100 Index (.NDX.US)$ futures traded in mildly negative territory.
Market Temperature
Read more: Market Temperature (11/08)
Top News
Stocks finish at new highs after jobs data
U.S. stocks rose to records after Labor Department data showed job growth rebounded in October following a summer slowdown.
Biden gets down payment on agenda; obstacles loom for spending bill
The White House will tout the benefits of the bipartisan infrastructure legislation amid inflation pressures and an uncertain fate for the $2 trillion spending bill.
What's harder to find than microchips? The equipment that makes them
The world is hungry for semiconductors, and not all of them need to be made with cutting-edge technology. The race is on to find older machines that can still crank out chips.
Infrastructure law seen having small, positive impact on growth
The roughly $1 trillion infrastructure package will modestly help the economy in the short run while priming the country for slightly stronger growth in coming decades, economists say.
Elon Musk's Twitter poll results favor Tesla stock sale
Twitter users said Mr. Musk should sell 10% of his Tesla stock, a stake valued at about $21 billion, after the CEO polled them and pledged to abide by the outcome of the vote. $Tesla (TSLA.US)$
Berkshire Hathaway's net earnings fall 66%
Warren Buffett's conglomerate said its third-quarter net earnings fell to $10.34 billion, after paper gains from the company's vast portfolio of stock investments declined from a year earlier. $Berkshire Hathaway-A (BRK.A.US)$
Amazon cloud's new boss girds to defend turf it pioneered
Adam Selipsky is leading the cloud-computing unit as Microsoft and Google challenge its dominance in infrastructure services with end-user software programs. $Amazon (AMZN.US)$
Read More
Elon Musk's SpaceX now expects to launch Crew-3 on Wednesday after 2nd delay
The electric vehicles aren't as green as you think
What is the real reason for Elon Musk to sell Tesla shares?
Most active stock options for Nov 8
Warren Buffett has spent more on buybacks of BRK stock than adding to position in Apple
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures dipped in early morning trading after the major U.S. market indexes reached record highs on Friday following a better-than-expected October jobs report.
- Twitter users said Mr. Musk should sell 10% of his Tesla stock, a stake valued at about $21 billion, after the CEO polled them and pledged to abide by the outcome of the vote.
Market Snapshot
Stock futures dipped in early morning trading after the major U.S. market indexes reached record highs on Friday following a better-than-expected October jobs report.
Futures on the $Dow Jones Industrial Average (.DJI.US)$ gained 68 points. $S&P 500 Index (.SPX.US)$ futures were flat and $NASDAQ 100 Index (.NDX.US)$ futures traded in mildly negative territory.
Market Temperature
Read more: Market Temperature (11/08)
Top News
Stocks finish at new highs after jobs data
U.S. stocks rose to records after Labor Department data showed job growth rebounded in October following a summer slowdown.
Biden gets down payment on agenda; obstacles loom for spending bill
The White House will tout the benefits of the bipartisan infrastructure legislation amid inflation pressures and an uncertain fate for the $2 trillion spending bill.
What's harder to find than microchips? The equipment that makes them
The world is hungry for semiconductors, and not all of them need to be made with cutting-edge technology. The race is on to find older machines that can still crank out chips.
Infrastructure law seen having small, positive impact on growth
The roughly $1 trillion infrastructure package will modestly help the economy in the short run while priming the country for slightly stronger growth in coming decades, economists say.
Elon Musk's Twitter poll results favor Tesla stock sale
Twitter users said Mr. Musk should sell 10% of his Tesla stock, a stake valued at about $21 billion, after the CEO polled them and pledged to abide by the outcome of the vote. $Tesla (TSLA.US)$
Berkshire Hathaway's net earnings fall 66%
Warren Buffett's conglomerate said its third-quarter net earnings fell to $10.34 billion, after paper gains from the company's vast portfolio of stock investments declined from a year earlier. $Berkshire Hathaway-A (BRK.A.US)$
Amazon cloud's new boss girds to defend turf it pioneered
Adam Selipsky is leading the cloud-computing unit as Microsoft and Google challenge its dominance in infrastructure services with end-user software programs. $Amazon (AMZN.US)$
Read More
Elon Musk's SpaceX now expects to launch Crew-3 on Wednesday after 2nd delay
The electric vehicles aren't as green as you think
What is the real reason for Elon Musk to sell Tesla shares?
Most active stock options for Nov 8
Warren Buffett has spent more on buybacks of BRK stock than adding to position in Apple
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg
+1
44
3
20
Cash Bunny
liked
Cash Bunny
liked and commented on
$Bitcoin (BTC.CC)$ how to buy using moomoo, no trade button option
2
2
Cash Bunny
liked
What was expected to be a wave of U.S. exchange-traded funds tied to Bitcoin futures has all but dried up -- for now -- after off-the-charts demand for the first one rattled Wall Street's all-important middlemen.
Wall Street analysts as many as four Bitcoin futures ETFs to begin trading in October following the SEC' s tacit approval of the structure; instead only two products, fromProShares $ProShares Bitcoin ETF (BITO.US)$ and Valkyrie Investments $Valkyrie Bitcoin and Ether Strategy ETF (BTF.US)$, debuted.
The delay is due in part to reticence among futures commission merchants, which act as an intermediary between derivatives-backed funds such as the $ProShares Bitcoin ETF (BITO.US)$ and the exchanges where those contracts trade. Known as FCMs , these firms -- typically banks -- handle buy and sell orders for futures contacts on behalf of their clients and then settle those trades with exchanges such as the Chicago Mercantile Exchange.
In normal circumstances, it's a fairly mechanical, out-of-the-spotlight relationship. However, the seen for $ProShares Bitcoin ETF (BITO.US)$ -- which last monthaccumulated more than $1 billion in assets in just two days, among the biggest launches ever -- has FCMs thinking twice. The cash influx quickly ate up the balance sheet of the firm acting as an FCM for BITO at its launch, putting regulatory capital limitations against the Bitcoin futures exposure in sight, according to a person familiar with the matter.
How do you think about Bitcoin futures ETFs? Will you invest in it?
FOLLOW ME to know more about ETFs
PLZ leave your comments and likes below
Source: Bloomberg
Wall Street analysts as many as four Bitcoin futures ETFs to begin trading in October following the SEC' s tacit approval of the structure; instead only two products, fromProShares $ProShares Bitcoin ETF (BITO.US)$ and Valkyrie Investments $Valkyrie Bitcoin and Ether Strategy ETF (BTF.US)$, debuted.
The delay is due in part to reticence among futures commission merchants, which act as an intermediary between derivatives-backed funds such as the $ProShares Bitcoin ETF (BITO.US)$ and the exchanges where those contracts trade. Known as FCMs , these firms -- typically banks -- handle buy and sell orders for futures contacts on behalf of their clients and then settle those trades with exchanges such as the Chicago Mercantile Exchange.
In normal circumstances, it's a fairly mechanical, out-of-the-spotlight relationship. However, the seen for $ProShares Bitcoin ETF (BITO.US)$ -- which last monthaccumulated more than $1 billion in assets in just two days, among the biggest launches ever -- has FCMs thinking twice. The cash influx quickly ate up the balance sheet of the firm acting as an FCM for BITO at its launch, putting regulatory capital limitations against the Bitcoin futures exposure in sight, according to a person familiar with the matter.
How do you think about Bitcoin futures ETFs? Will you invest in it?
FOLLOW ME to know more about ETFs
PLZ leave your comments and likes below
Source: Bloomberg
+1
179
22
22
Cash Bunny
commented on
$Ethereum (ETH.CC)$ I'm sorry I don't know what I'm doing
2
1
Cash Bunny
liked
Tesla CEO Elon Musk and David Beasley, who is the executive director at the World Food Programme (WFP), continued their Twitter war of words over a recent 'suggestion' by the latter that billionaires such as Musk and Amazon's Jeff Bezos--the two richest persons in the world, respectively--should step up on a 'one-time basis' to help end global starvation.
Click here to see what happened before
On Monday, Beasley took to Twitter to propose a meeting with the South Africa-born US entrepreneur 'anywhere.'
Beasley tweeted, responding to Musk's tweet asking him to publish his current and proposed spending in detail.
And today, David Beasley's simplified version of his $6.6 billion plan did come out! He also said that an 'extensive detailed plan' would be released in the coming days.
Mooers, do you think Elon Musk will accept this plan and pay for it?
Click here to see what happened before
On Monday, Beasley took to Twitter to propose a meeting with the South Africa-born US entrepreneur 'anywhere.'
Beasley tweeted, responding to Musk's tweet asking him to publish his current and proposed spending in detail.
And today, David Beasley's simplified version of his $6.6 billion plan did come out! He also said that an 'extensive detailed plan' would be released in the coming days.
Mooers, do you think Elon Musk will accept this plan and pay for it?
46
31
14