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Jim Cramer Lists 10 Stocks Likely to Perform Well in December
Nasdaq, S&P hit new highs, French stock and bond yields fluctuate and rise, Euro once fell more than 1%, Dollar rose.
On the first trading day of December, Cyber Monday shopping amounts will break records, with the Nasdaq and Chinese concept stocks rising about 1%, and the chip index leading with a 2.6% increase, while the Dow fell from its peak. Tesla soared over 4% during the day, intel rose nearly 6% before turning negative, super micro computer surged nearly 29%, and Xpeng autos climbed over 5%, but Li Auto dropped nearly 4%. The French government faces a vote of no confidence, causing French stocks to briefly fall over 1%, and the spread between French and German government bond yields approached the widest in twelve years. US henry hub natural gas fell over 4%, the indian rupee hit a new low, and the offshore yuan dropped over 400 points, falling below 7.29 yuan.
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Elon Must : Haiz I cut off smci -50%
Jooooohn : Doesn’t seem like they did with this price action
Ashley69 OP Elon Must : I was going to sell at $32 then thought it has been a yo-yo all November so I kept it
Elon Must Ashley69 OP : I was on price 45 and this company is in the midst of scandal so I choose to secure my capital