US stock market early trading | Reddit surged 34%, Q3 performance and Q4 guidance both exceeded expectations; super micro computer plummeted nearly 26%, with the auditing firm resigning.
Snap rose by 13%, with third-quarter revenue and user growth exceeding expectations; Donald Trump concept stocks fluctuated during the trading day, with Phunware rising by over 6%, and Trump Media & Technology Group falling by over 11%.
US stocks outlook: The US 'mini non-farm' in October far exceeds expectations, marking the largest increase since July last year; Google rose nearly 7% in pre-market trading, benefiting from cloud business growth and exceeding expectations for Q3 performa
USA's actual GDP for the third quarter grew at an annualized rate of 2.8%, driven by business and household consumer spending; New Bond King: US economic data is being "manipulated," firmly believes interest rates are bottoming out; Eli Lilly and Co. stock fell by 10% pre-market, with third-quarter revenue increasing by 20% year-on-year, falling short of expectations.
New bond king: Expectations for the Federal Reserve have never been so turbulent! usa economic data is being 'manipulated', firmly believing that interest rates are quietly bottoming out.
Gornlak believes that if the USA debt crisis erupts, the government may take extreme measures, leading to drastic fluctuations in the long-term US bond prices. He is concerned that the USA will experience a situation similar to the sharp rise in UK government bond yields three years ago. Gornlak predicts that the Federal Reserve will cut interest rates once within the remaining time this year, and hold an optimistic attitude towards next year's inflation rate.
Options Daily Tracking | AMD overnight call options money surged 6 times! But pre-market stock price dropped more than 8%; as the election nears! Big players are betting on increased volatility in DJT.
SoFi Technologies fell more than 6% overnight, options volume surged to 1.04 million contracts, more than four times the daily average volume, call proportion remained unchanged from the previous day at 68%.
Economists: The Federal Reserve has not yet tamed inflation.
Economists point out that the Federal Reserve should maintain caution regarding inflation, and Federal policymakers should acknowledge their mistakes, otherwise they may repeat the same mistakes.
Bearish sentiment is strong on US bonds, with the options market already betting on the yield of the 10-year US bonds rising to 4.5%.
As the USA presidential election approaches, market expectations are that regardless of the election results, the USA's budget deficit will remain at a high level. In addition, media analysis suggests that in the short term, US bond auctions will not decrease because it is almost certain that the US government will maintain record-level debt sales in the next three months.
USA Presidential Election Fun Fact: The key state election situation is unusually close, when will the final election results be announced?
Global "onlookers" should prepare themselves in advance, as there is a high probability that the results of the US presidential election on November 5 will not be announced on the election day or the next day, and it may take a few days before the results are revealed.
U.S. bonds heading for the worst monthly performance in over two years: Is Trump becoming the biggest nightmare for the bulls?
①As the US election approaches, US Treasury prices may face their worst monthly performance in over two years; ②As the US presidential election approaches on November 5, Republican presidential candidate Trump seems to have become the biggest 'nightmare' in the minds of US bond bulls.
Futu Morning Post | Global asset frenzy! Nasdaq, gold hit record highs, bitcoin nearing historical highs; Cloud business strong growth! Google up nearly 6% after hours.
Da Ma: US stocks have not fully priced in a Trump victory; The "fear index" VIX has turned net long for the first time since 2018; AMD fell more than 7% after-hours, fourth-quarter revenue outlook fell short of analyst's expectations.
IShares 20+ Year Treasury Bond ETF Options Spot-On: On October 29th, 556.83K Contracts Were Traded, With 5.61 Million Open Interest
On October 29th ET, $iShares 20+ Year Treasury Bond ETF(TLT.US)$ had active options trading, with a total trading volume of 556.83K options for the day, of which put options accounted for 31.62% of
Ray Dalio warns against buying US bonds on dips, saying there is a risk of surprisingly sustained rise in yields.
Neuberger Berman warns against buying US Treasuries on dips, stating that recent sell-offs may just be the beginning of a surprisingly sustained rise in yields.
How to Play Fixed Income Ahead of Election and Fed Meeting
US stocks early market | DJT multiple circuit breakers intraday! Trading hot on the donald trump concept; Cryptos concept stocks rallied and then fell back, microstrategy down 0.33%, Coinbase up 0.86%
On the evening of the 29th Beijing time, the U.S. stock market opened with mixed gains and losses. The U.S. Treasury bond yields continued to rise. Investors are preparing for the financial reports of important technology companies such as Alphabet and AMD.
Is the US bond interest rate 'over-adjusted' by Zhong Zhengsheng?
Zhong Zhengsheng believes that the fair central level of the 10-year t-note interest rate for the year is still around 4%, and may be around 3.5% next year. In other words, the current t-note interest rate may have been "over-adjusted".
Top economists: The US bond market has reacted unusually to the actions of the Federal Reserve.
Allianz's chief economic advisor stated that the market did not consider the last rate cut by the Federal Reserve as a more dovish signal for monetary policy, but rather as driving the entire yield curve upward.
US stock market outlook: Surge over 280% since September low! Trump's campaign ignites DJT; Nomura warns: Trump's trade hedge excessive or may lead to "Harris incident"
Pre-market trading sees most China concept stocks rising, with nio inc and jd.com up over 3%; solar sector trending downwards, daqo new energy dropping over 8%; d.r. horton down over 10% pre-market, 2025 revenue guidance below expectations.
Offshore RMB broke through two major barriers within one day, will the Sino-US interest rate spread return as the dominant factor? The market expects the exchange rates to return to two-way fluctuations.
①Since October, supported by economic data in the usa, the usd index has returned to strength. ②Geopolitical tensions and energy price fluctuations have reduced investors' preference for risk assets, leading to an increase in exchange rates. ③Market concerns about Trump's policies triggering re-inflation.
Daily options tracking | Bitcoin breaks through the $70,000 mark! Crypto mining company MARA's call options rise to 80%; Trump Media options trading is hot, multiple call orders make over 2 times profit.
Pre-market on Tuesday local time, the options chain of 'usa version Huabei' Sofi, which is about to release its financial report, has a volume of 0.65 million contracts. This marks a 35% increase from yesterday's volume, making it the third highest volume option from yesterday. The call options accounted for 68% of the total. Among the options expiring this Friday on the options chain, the highest trading volumes were at the $12 and $11.5 strike prices, with 0.048 million contracts and 28,000 contracts respectively.
10-year Treasury Yields Rise Above 4.3% Ahead of Inflation and Jobs Data
Prominent "Big Short": US stocks have not fully priced in the prospect of Trump's victory.
The Chief USA Stock Market Strategist at Goldman Sachs stated that if Harris wins, some stocks may experience a rebound in trading.