0.58Open0.05Pre Close521 Volume1.40K Open Interest430.00Strike Price1.39KTurnover21.19%IV4.21%PremiumNov 29, 2024Expiry Date0.00Intrinsic Value100Multiplier3DDays to Expiry0.02Extrinsic Value100Contract SizeAmericanOptions Type-0.0074Delta0.0025Gamma22444.00Leverage Ratio-0.0180Theta-0.0002Rho-165.85Eff Leverage0.0079Vega
SPDR Dow Jones Industrial Average Trust Stock Discussion
DJIA: 44,296.51 (+1.0%)
Nasdaq-100: 20,776.23 (+0.2%)
Eurostoxx: 4,789.08 (+0.7%)
U.S. crude futures: 71.24 (+1.6%)
On Friday, the Dow Jones climbed over 400 points to post a new record close and a third consecutive winning session as the S&P flash U.S. manufacturing PMI came in within expectations for November. The S&P 500 advanced 0.4%, led higher by gains in industrial and consumer discretionary stoc...
The market has already given up half of the post-election gains. So! Is the post-election rally over?
$Bitcoin (BTC.CC)$ $S&P 500 Index (.SPX.US)$ $E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$ $Vanguard S&P 500 ETF (VOO.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $Salesforce (CRM.US)$ $Super Micro Computer (SMCI.US)$ $Advanced Micro Devices (AMD.US)$ $Taiwan Semiconductor (TSM.US)$ $Broadcom (AVGO.US)$ $Johnson & Johnson (JNJ.US)$ $Arm Holdings (ARM.US)$
So far, things have turned pretty well as we saw a week of records galore. S&P500 hit yet another all time high. This time, it did it in a nice fashion as it crossed the landmark level of 6,000.
But as the market gets overbought, should we be a little wary now?
$KraneShares CSI China Internet ETF (KWEB.US)$ $GameStop (GME.US)$ $Palantir (PLTR.US)$ $Disney (DIS.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ $GameStop (GME.US)$ $CrowdStrike (CRWD.US)$ $Snap Inc (SNAP.US)$ $Spotify Technology (SPOT.US)$ $Cloudflare (NET.US)$ $Salesforce (CRM.US)$ $Palo Alto Networks (PANW.US)$ $Nike (NKE.US)$ $Lululemon Athletica (LULU.US)$
Market Performance: The global market reacted with a return to the Trump trade 2.0. The USD, US stocks, BTC, and UST yields rose, while gold and oil prices fell.
Policy Implication: With the Republican Party securing the Senate and leading in the House, Trump's policy framework faces less resistance.
Key policies include:
Trade: Imp...
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
$iShares Russell 2000 ETF (IWM.US)$ $MARA Holdings (MARA.US)$ $iShares Bitcoin Trust (IBIT.US)$ $Valkyrie Bitcoin Fund (BRRR.US)$ $VanEck Bitcoin Trust (HODL.US)$ $ARK 21Shares Bitcoin ETF (ARKB.US)$ $Trump Media & Technology (DJT.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $NIO Inc (NIO.US)$ $Alibaba (BABA.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ $Invesco QQQ Trust (QQQ.US)$
5 out of the Mag 7 are reporting this week - Meta, Amazon, Apple, Google and Microsoft.
On the economic calendar front, 2 huge data this week - Fed’s preferred inflation gauge - the PCE price index (Thurs)
Finally, on Friday, the October jobs report will come out.
$ProShares UltraPro QQQ ETF (TQQQ.US)$ $Enphase Energy (ENPH.US)$ $McDonald's (MCD.US)$ $Starbucks (SBUX.US)$ $Coca-Cola (KO.US)$ $PepsiCo (PEP.US)$ $Nike (NKE.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ $Financial Select Sector SPDR Fund (XLF.US)$ $Crude Oil Futures(JAN5) (CLmain.US)$ $SPDR Gold ETF (GLD.US)$ $Adobe (ADBE.US)$