NASDAQ reaches 20,000 point milestone! Tesla led a group of tech giants to reach new highs. Has the Christmas market started?
Historically, every year on the seven trading days after Christmas, that is, the five trading days at the end of the year and the first two trading days of the following year, investors tend to go long, and US stocks are likely to rise. This seven-day market is called the “Christmas market.” The data shows that in the past 70 years, the S&P 500 index has an 80% chance of rising in these seven trading days.
Annual Review | The strongest sector in US stocks for 2024 has been revealed! Technology stocks are leading the way, with the "new AI superstar" Applovin skyrocketing over 700%, and NVIDIA rising over 170% at one point becoming the top company by Market C
The three major U.S. stock indices have repeatedly set historical highs this year, with the Dow Jones Industrial Average once breaking the 45,000-point barrier, and the Nasdaq continually approaching the 20,000-point mark. Even more exciting is that the S&P 500 Index has successfully stood above 6,000 points, marking the 57th closing high of the year.
TOP20 turnover | Tesla rose nearly 6%, Musk's net worth set the milestone of the richest man in the world; Nvidia rose more than 3%
On Wednesday, the third-place US stock turnover Google-A closed 5.52% higher at $13.011 billion; the fifth place MicroStrategy closed 9.03% higher at $11.059 billion; and the 9th place Broadcom closed 6.63% higher, trading at $7.501 billion.
MicroStrategy Options Spot-On: On December 11th, 556.34K Contracts Were Traded, With 2.68 Million Open Interest
On December 11th ET, $MicroStrategy(MSTR.US)$ had active options trading, with a total trading volume of 556.34K options for the day, of which put options accounted for 44.29% of the total
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Shares of Crypto-related Stocks Are Trading Higher Amid a Rise in Bitcoin.
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U.S. stocks are moving differently | Crypto Concept stocks are strengthening as Bitcoin rises back above $100,000.
On December 11, Gelonghui reported that MARA Holdings and Riot Platforms rose over 7%, Bit Digital and MicroStrategy increased more than 6%, while Canaan and Coinbase saw gains of over 5%. In terms of news, Bitcoin strengthened again today, rising 4.5% within the day to regain the level of 0.1 million dollars, while Ethereum broke through 3800 dollars. Eric Trump, the son of the elected president of the USA, Donald Trump, stated on Tuesday that after his father takes office, his administration will be the most crypto-friendly in USA history.
MicroStrategy's Bitcoin-powered Surge Takes It Closer to Nasdaq 100 Doorstep
Express News | MicroStrategy rose over 5%, Bitcoin strengthened again today, increasing nearly 4% to approach 0.1 million dollars.
Express News | The Concept of Cryptos initially strengthened, with MicroStrategy rising over 4%.
Eric Trump, the second son of Trump: The USA is about to welcome the most crypto-friendly government in history!
① Eric, the second son of Trump, the elected president of the USA, stated that the Trump administration will become the most friendly government towards Cryptos in USA history. ② Eric mentioned at the Bitcoin Middle East and North Africa conference that Trump will promote USA's leadership in the "digital revolution" and promised not to impose excessive regulation on Cryptos.
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