[GV World]

May 11 Earnings Release Stocks

(HIMS) Hims & Hers Health, Inc. reported first-quarter 2026 revenue of $608.1 million, up 4% year over year, while adjusted EBITDA reached $44.3 million. The company posted a GAAP net loss of $92.1 million, impacted by approximately $48 million in one-time charges tied to its transition toward branded GLP-1 weight-loss drugs, which also pressured margins in the U.S. market. Gross margin stood at 65%, with domestic sales declining roughly 8% as international revenue recorded strong growth. Shares of the company fell about 12% in extended Monday trading after missing revenue estimates and reporting an unexpected quarterly loss.

[GVI Forex 2]

Timely article in our blog

Why Are U.S. Equities Defying Gravity in 2026?

[GVI Forex 2]

Market Up[date: XAUUSD vs. BTCUSD

Both charts l;ook similar but XAUUSD on shakier ground than BTCUSD with the former briefly breaking support while the latter is still holding 80K.

XAUUSD (GOLD)                                            BTCUSD (BITCOIN)

[GVI Forex 2]

Equity Market Update

Profit taking/book squaring geopolitical reality check Tuesday in equities but damage so far not fatal  (see red arrows for key supports)

US500                                                         NAS100

[Adam Global]

With oil 🛢 edging higher 📈

M selling 💛GOLD 💛 till 4655.00

Tell 💛GOLD💛 to hit my Tp

[GVI Forex 2]

Market Update

JP made a good point: Crude oil is just the tool. Geopolitics is the core.

Current correlations… oil setting the tone… EURUSD follows lUS stocks with slight lag (support 1.1722) while oil has steadied after sharp gains (Note, US500 is below 7372, NAS100 below 29140… see earlier updates).

EURUSD                                   US500                                 XTIUSD

[GVI Forex 2]

NAS100 (NASDAQ) 4 HOUR

Break of 29140 dents momentum but to trigger a more serious retracement, a 28461 break would be needed.

In any case, uptrend has paused as long as the 29395 high stays untouched,…firmly below 29140 would put 28461 on the radar as next chart support.

[GVI Forex 2]

US500 (SP500) 4 HOUR

Has US500 paused?

Yes, as long as the 7435 (record) high stays untouched but would need a firm break of 7372 to break momentum and  expose 7322 as next chart support.

Otherwise, downside contained if 7372 holds.

 

[GVI Forex 2]

EURUSD 1 HOIUR

Trading on the defensive after pausing below 1.1750 post-US CPI but so far holding around the 1.1735 LOD, which if broken would expose 1.1722 and shift focus from1 1.8 back to 1.17.

Otherwise, 1.1750 remains pivotal.

[GVI Forex 2]

US CPI: Small miss (slightly hotter), limited reaction

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

US PRE-MARKET MOVERS: WEN, ONON, GME/EBAY, UAA, HIMS, LOW, GTLB, GTM

Source: Try Newsquawk free for 7 days

[Adam Global]

GBPUSD 📉 falling hard with the 🇬🇧 U.K

Starmer said he’s not resigning while political turmoil and many people says he must resign

[Mtl JP]

To perhaps fill the day with a bit of comical component
Defense Secy. Hegseth & Joint Chiefs of Staff Chair Testify on Iran War & 2027 Budget

starts at top of hour at 8am

[Adam Global]

ßitcoin rejected $82K yet again 📉

Seem like ßitcoin is taking a breather 📈📉📈📉 the aim for $85K seems unlikely

[Adam Global]

USDJPY trying 📈 to get back up

If coreCPi is good for USD 💵 USDJPY  could go back above 158.00

If not USDJPY could drop 📉 below 156.35

[Adam Global]

Us100Cash taking a pause ⏸️ on 29K

[Adam Global]

With oil 🛢 going higher 📈

GOLD  💛 went below 4700.00 📉 & with coreCPi up next ⏭️ seems like 4655.00 might be next 📉

[Adam Global]

Tump say No to Iran’s peace plan

Thats news hiked 📈 prices for oil 🛢 by 2% above $100/🛢

[Mtl JP]

ST London  9:37 – sounds like an enhanced opp for Iran to show who controlls what and when
—
AAA this morning posts average price of gallon at $4.50
50% more than before start of party w/Iran

US 10-YR 4.433% +0.021

[ST London]

Reality check: Risk of escalation will increase after the Prez meets with Xi, not before or during.

[GVI Forex 2]

Correlations (oil up => USD up => stocks down) taking over as global markets FACE a geopolitical reality check.

EURUSD                                       US500                                XTIUISD

[GVI Forex 2]

XAUUSD (GOLD) 4 HOUR

With the rally attempt stalled by the 4772 resistance cited here yesterday (high 4773 and shift in mood to risk off), the focus is back to 4700 to set the intra-day tone.

On the downside, 4647 is key support, needs to hold to prevent fresh momentum building to the downside.

[GVI Forex 2]

Forex Market Snapshot

• After ignoring signs of a fading US-Iran peace agreement yesterday, markets are paying attention to it today. This has seen crude oil rise sharply, stocks retreat off record highs, gold slip and the USD firm.
• GBP is weakest (vs. EUR as well) as pressure grows within the Labor Party on PM Starmer to resign. EURUSD is back to pivoting 1.1750 (currently just below it) after a failed attempt to make a run at 1.18. USDJPY has firmed despite the BoJ intervention threat.
• Keep an eye on crude oil today as geopolitics have taken back the focus vs. AI and tech.

[Mtl JP]

Degenerate Traders Pushing For Fun With BoJ
I too have – even if lonely – opinion (or bias)

[Mtl JP]

GVI 8:13 – re …”meeting with his national security team”…

words are, apparently, somedthing like this:
One U.S. official said prez T would likely “tune them up a bit.”
A second official added: “I think we all know where this is going.”
BUT only after the trip to visit Xi

[GVI Forex 2]

In our blog

Why Are U.S. Equities Defying Gravity in 2026?

[GVI Forex 2]

COMING UP: Data: German HICP Final (Apr), ZEW (May), US Inflation (Apr), ADP Employment Change Weekly Events: BoJ SOO (Apr), EIA STEO (May), EU Informal Meeting of Energy Ministers (May 12-13) Speakers: RBNZ’s Bremen; BoC’s Macklem; ECB’s Elderson; Fed’s Williams, Goolsbee Supply: Japan, Netherlands, UK, Germany, US Earnings: Under Armour. (Newsquawk)

[GVI Forex 2]

Closing Market Update

Charts look similar wirh all settling into ranges to end the day.

EURUSAD                              US500                                      XTIUSD

[GVI Forex 2]

Newsquawk US Market Wrap: Oil gains as Trump weighs next options, while Semis lead Tech higher

SNAPSHOT: Equities up, Treasuries down, Crude up, Dollar up, Gold up.

(Right click on any image (or chart) to open a full screen in a new tab)

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

NAS100 (NASDAQ) 4 HOUR=

Another day, another record high (20395)  with momentum rather than news driving the market.

Support at 29140 needs to hold to keep an uber  bid but only sub-28500 would cause a rethink of dreams for a run at 30K.

[Author]

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