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Monday, December 6, 2021

U.S. Stock Futures Surge Higher as Trump Outperforms Polls

U.S. equity futures prices jumped higher, Treasuries climbed, and the dollar gained against foreign currencies as results from the U.S. presidential election indicated that President Donald Trump was significantly outperforming poll numbers and could be on the way to winning a second term. Nasdaq 100 stock futures soared fast enough that they tripped a trading…

“Nasdaq Whale” Doubles Down: SoftBank Ups Tech Stock Holdings To $20 Billion

One month ago, when we first reported that SoftBank was the "Nasdaq Whale" responsible for the gamma meltup across some of the largest tech names which quickly led to marketwide levitation across the entire stock market - as the Japanese conglomerate was furiously buying call spreads in a generally illiquid market and forcing dealers who…

Nasdaq Imposes Restrictions On Chinese IPOs, Halting Futures Rally

In a move that anyone who has ever invested in a Chinese fraud stock (which one can argue are most of them) will argue is long overdue, late on Monday Reuters reported that the Nasdaq is set to unveil new restrictions on initial public offerings, in a move that will make it more difficult for…

Nasdaq, Dow, S&P Futures Surge Limit-Up, Erasing Trump Presser Melt-down

Another overnight session that reverses trend entirely from the day session... and another limit-up futures halt... Nasdaq futures are limit-up... once again... S&P futures are limit-up... And for context, Dow futures (are limit-up) have erased the late-day melt-down during Trump's presser, up almost 1000 off the lows...

Nasdaq Hits 9,000 for First Time Ever

Dec. 26 (UPI) — U.S. stocks surged higher Thursday as a year-end rally stoked by bullish economic news pushed the Nasdaq Composite index to 9,000 for the first time in its history. The S&P 500 also posted a fresh all-time high at 3,235.46 in late morning trading while the Dow Jones Industrial Average rose about…

Nasdaq Hits 9,000 For First Time Ever – Up 11 Days In A Row

The Nasdaq Composite is now up for the 11th day in a row and just topped 9,000 for the first time ever... This is the longest streak of gains since July 2009.

Nasdaq, Small Caps Plunge Through Key Technical Levels

A 'bad' trade headline and suddenly Nasdaq and Small Caps are tumbling below their 50- and 100-day moving averages. S&P and The Dow have some rom to run yet... What happens next? We are going to need a 'good' trade headline stat!

Ride-Hailing Company Uber Reports $5 Billion Loss

August 08, 2019 5:38 PM ET Uber, the world’s largest ride-hailing company, announced Thursday that it lost $5.2 billion in the second quarter, and experienced its slowest revenue growth ever disclosed. The company reported the loss along with second-quarter results that included $3.1 billion in quarterly revenue, up only 14% from a year prior and…

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