S&P 500 & Dow Jones jumped to fresh highs 🥳
Investors shook off threat of new tariffs from President-elect Donald Trump 🤔
🇺🇸 Markets on Tuesday
#DowJones +0.28% (recovered from – 300 pts during the session)
#Nasdaq +0.63%
S&P500 +0.57%
But Russell 2000 -0.73%
Stocks reacting to potential effects from Trump policies proposed
🚘 Automakers Ford -2.6% & General Motors -9%
🍻 Alcohol company Constellation Brands-3% (known in part for Mexican beers Corona and Modelo)
Mexican President Claudia Pardo indicated that any new tariffs would be met with retaliatory tariffs on exports from the U.S. to Mexico
Investors also analyzed minutes from the Federal Reserve meeting
👉 Central bank said it anticipates interest rate cuts in the future, but to only expect them “gradually
Other Asset Classes
🇺🇸 10 year yield at 4.30%
💲 Dollar Index at 106.89
⛽️ Brent crude at $72.8/barrel
🪙 Gold at $2,626.8/ounce
💸 Bitcoin at 91890$
Key Economic Data on Wednesday 👉 Personal consumption expenditures price index – PCE
Stocks in after hours trading 👉 Dell Technologies -11% post results & disappointing forecast
Trading volume is expected to remain light as U.S. market shut on Thursday for the Thanksgiving & set to close early Friday
INTRADAY CALL UPDATE : BOOK PROFITS IN BANKNIFTY PUT OPT 52400 27NOV SER AT 513 RECO LONGS GIVEN AT 380
Читать полностью…Things to know before trade-📰
-Nifty up 1000 points in 2 days
-FIIs turned net buyers because of MSCI rebalancing
-US markets see another record close
-Dow jones up 440 points overnight
-Trump vows an additional 10% tariff on china, 25% tariffs on Canada and Mexico
-Russell 2000 hit a new intraday high in the US as investors bet on small cap stocks
-Donald Trump’s choice for Treasury secretary, Scott Bessent, is a hedge fund manager who is supportive of equity markets
INTRADAY CALL UPDATE : EXIT POSITIONS IN AXISBANK AT 1155 RECO BUY LONGS GIVEN AT 1150
Читать полностью…INTRADAY CALL UPDATE : CLOSE POSITIONS IN NIFTY CALL OPT 24250 28NOV SERIES AT 155 SL HIT RECO LONGS GIVEN AT 200
Читать полностью…INTRADAY CALL UPDATE : BOOK PROFITS IN NIFTY PUT OPT 24300 28NOV SERIES AT 207 RECO LONGS GIVEN AT 150
Читать полностью…INTRADAY CALL UPDATE : BOOK PROFITS IN BANKNIFTY CALL OPT 52100 27NOV SER AT 432 RECO LONGS GIVEN AT 365
Читать полностью…