[GVI Forex 2]

XAUUSD (GOLD) 1 HOUR

Rebound off 4500 so far finding 4700+ too tough.

On the downside, while support at 4660 needs to hold to keep the focus on 4700+, assume bottom is in unless 4500 is taken out.

[Mtl JP]

Just ahead of May 9th
“It is no secret that an attempt is being made to impose on us the doctrine of ‘peace through strength’. Our response then can only be ‘the security of Russia through the animal fear of Europe,’” Medvedev

[Mtl JP]

DJIA  +483.11 now;
taking off some cream

[Mtl JP]

Barbarians at the gates

Beware of Nigel Jubbs

and mind your risk

[GV World]

May 5 Earnings Release Stocks

(SHOP) Shopify Inc. reported first-quarter 2026 results with revenue increasing about 34% year over year to roughly $3.2 billion, driven by a 35% rise in gross merchandise volume (GMV). Operating income climbed to $382 million, reflecting improved operating performance.
Despite the strong top-line growth, the company posted a net loss of $581 million, or a diluted loss of $0.45 per share, marking an improvement compared to the prior-year quarter.

(PYPL) PayPal Holdings, Inc. reported first-quarter 2026 results that exceeded market expectations, with revenue rising 7.2% year over year to $8.35 billion. Non-GAAP earnings came in at $1.34 per share, about 5.6% above analyst consensus estimates. On a constant currency basis, net revenue grew approximately 20% in the quarter ended March, reaching €620.8 million (about $728.3 million).

The company announced a reorganisation to integrate AI and automation, targeting about $1.5 billion in annual cost savings. The company is also expanding its consumer and merchant lending businesses, including forward-flow financing initiatives.

[GV World]

May 5 Earnings Release Stocks

(MSTR) Strategy Inc Incorporated reported a quarterly loss of $12.77 billion, or $38.25 per share, significantly wider than the $4.23 billion loss, or $16.49 per share, recorded in the prior year. Despite the loss, revenue increased to $124.3 million from $111.1 million year over year.

The company held 818,334 Bitcoin as of May 3, marking a 22% increase year to date, with the holdings valued at approximately $64.14 billion as of May 1.

(NVTS) Navitas Semiconductor Corporation reported a first-quarter 2026 adjusted loss of $0.04 per share for the period ended March 31, compared to a loss of $0.06 per share in the same quarter last year. Revenue declined 39% year over year to $8.6 million, while the company posted a net loss of $33.8 million, driven by weaker sales in Asia and higher operating expenses.

(AMC) AMC Entertainment Holdings, Inc. shares jumped 10% on Tuesday after CEO Adam Aron projected a “record post-pandemic box office” year for 2026. The company reported a first-quarter adjusted loss of $0.36 per share, slightly wider than Wall Street estimates of a $0.34 loss. Despite the earnings miss, revenue came in at $1.045 billion, surpassing analyst expectations of $968.85 million.

[GV World]

May 5 Earnings Release Stocks

[Mtl JP]

[GV World]

(AMD) Advanced Micro Devices, Inc.

The stock surged about 18% after delivering first-quarter results that exceeded analyst expectations, with shares rising more than 20% in Wednesday’s opening trade. The company reported net sales of $10.25 billion, surpassing projections of $9.89 billion, while adjusted earnings came in at $1.37 per share, ahead of the $1.29 consensus estimate.

AMD forecast Q2 revenue of approximately $11.2 billion, plus or minus $300 million,, and projected an adjusted gross margin of 56%, slightly exceeding forecasts.

The CEO of AMD, Lisa Su said that her massive forecast revision was due to the demand surge for central processing units led by the growth of agentic artificial intelligence.

[Mtl JP]

Stock enthusists push Dow up 576 points

oil players appear less certain

for now

[Mtl JP]

Players’ Betting Themes
–
“Unrealistic”  – Iran

Iran said on Wednesday it was reviewing a new U.S. proposal, after sources said Washington and ​Tehran were closing in on a one-page memorandum to end the war in the Gulf while leaving tricky issues such as Iran’s nuclear programme for later. – rtrs

Prez T says Iran will be bombed ‘at much higher level’ if they don’t agree to peace deal – cnbc

[GVI Forex 2]

Markets reacted to this headline (e.g. stocks popped) but a wait-and-see seems a more logical appropach until the clouds clear.

Source: Try Newsquawk free for 7 days

[Mtl JP]

Where next puppy ?

 

[GVI Forex 2]

NAS100 (NASDAQ) 15 MIUNUTE

Continues it move into unchartered record territory with a new high at 28539 before taking a pause.

To slow the one-way train, a break of 25206-230 would be needed but even then only sub-28000 would cool the bull fever.

[GVI Forex 2]

US500 (SP500) 15 MINUTE

Consolidating following a new record high at 7344.

To keep its bid, 7306 needs to hold.

If not, risk would shift to 7285.

[GVI Forex 2]

[MARKET UPDATE] Amidst the ongoing tempering of optimism around US-Iran progress, from both the Iranian and US side, Brent lifts comfortably back above USD 100/bbl, while stocks and fixed slip from highs (Newsquawk)

EURUSD keeps a bid as long as it holds above 1.1750 but upsiode capped uness 1.18+ tradss.

EURUSD                                      US500                                      XTIUSD

[GVI Forex 2]

US ADP Employment Change Actual 109k (Forecast 120k, Previous 62k, Revised 61K)

[GVI Forex 2]

More pushback (and a reality check)

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

US PRE-MARKET MOVERS: AMD, SMCI, ANET, OXY, NVO, GOOGL, CVS, COR, DIS, UBER, GLW, GFS, Fertiliser/Chemical names

ES +1% NQ +1.6% RTY +1.8%

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

This post has cooled the  one-way risk on trade, at least until the next headline.

[GVI Forex 2]

MARKET UPDATE] Brent Jul’26 moves move convincingly below the USD 100/bbl mark, with an extension to the upside/downside seen in other assets, continuing the morning’s price action (Newsquawk)

[Adam Global]

ßitcoin 📈 bullish rally continuing

Everybody’s now aiming for $85K

[Adam Global]

NZD 💲 continues to gain momentum after

Asian session released NZD employment change & unemployment rate

[Adam Global]

💷🤑🎯 GOLD  hit my Tp on 4700.00

Now we’re waiting for [ADP non] & crude oil inventory to see 👀 if GOLD can continue with the bullish bias

[Adam Global]

Oil 🛢 down📉 10% today

Might be true 🤔 that 🇮🇷 oil 🛢 is going through 🇵🇰 into Asian countries

Even 🇮🇶 is diverting oil 🛢 into 🇸🇾 sea to avoid tension in the straight of hormuz

Double block 🚫 on the straight 🏝 is leaking elsewhere

[GVI Forex 2]

Newsquawk Daily US Opening News – 6th May 2026

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

Confirms earlier report. . .

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

XAUUSD (GOLD) 4 HOUR

Successful defense of 4500 setup the reaction to the spike in risk on trading.

Keeps a bid as long as 4660 holds, stronger if 4700 becomes support but faces layers of resistance before 4800 would be challenged.

[GVI Forex 2]

It’s not the news but the reaction to news that matters

EURUSD                                      US500                                     XTIUSD

[GVI Forex 2]

Fresh spike iN risk on following this headline…

Source: Try Newsquawk free for 7 days

[Author]

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