[Mtl JP]

sounds like a plan

–
IDF chief: If Iran attacks Israel again, we’ll hit ‘places we spared this time’
— TimesofIsreal

but … why make it public ?
especially IF the bombs and missiles situation is as dire is the WSJ piece I linked earlier purports

[Belgrade Bobby]

Robinhood Markets Inc. – HOOD

And after our own Forex Loonie, one of the loonies of the stock market family…

Robinhood On Pace For Highest Close Since November 2021
Robinhood Markets’ stock is on pace for its highest close in nearly three years as investors cheer the platform’s launch of contracts that let users bet on the outcome of the presidential election.

Shares jumped 4.3% to a high of $28.23 on Monday. If the gain holds, it would be the highest close for Robinhood shares since Nov. 26, 2021

[Belgrade Bobby]

USDCAD Daily chart

Loonie on The Run.

Previous High at 1.39468

If taken out, targets 1.39900 & even 1.40350

Not worth a risk of buying it right now, as it can have a very sharp correctional drop , followed by end game Bull run.

Of course, do not be Loonie yourself and try to sell it in this Bull run 😀

[Belgrade Bobby]

Aphabet Inc – Google – GOOGL

Alphabet Stock Rises on Earnings Beat
Alphabet reported third-quarter earnings and revenue that beat Wall Street estimates. The stock was moving higher in late trading on the news.

The Google parent posted earnings of $2.12 a share for the period ending Sept. 30. That was higher than Wall Street’s consensus estimate of $1.84 a share. In the same period last year, the company reported earnings of $1.55 a share.

Revenue for the quarter of $88.27 billion beat analyst estimates of $86.39 billion. Last year, Alphabet reported revenue of $76.69 billion.

Shares of Alphabet were up nearly 5% in after hours trading on Tuesday.

[Belgrade Bobby]

Netflix – NFLX Weekly chart

A very interesting situation for a technical analysis buff like me – it has broken above every resistance there is and if succeeds in holding above 755.00 and subsequently above 740.00 , what can I say – Sky is the limit.

I can relate to the strength of this one , as who can imagine the life today without it 😀

One of my first mentors told me long ago : kiddo, first you have to learn that you buy stocks of the products you personally use – period.

[Belgrade Bobby]

Nvidia – NVDA Daily chart

What to Expect From NVIDIA’s Next Quarterly Earnings Report
With a market cap of $3.5 trillion, NVDA develops a platform for scientific computing, AI, data science, autonomous vehicles, robotics, metaverse, and 3D internet applications, as well as focuses on PC graphics by serving clients worldwide. The chip giant is expected to announce its fiscal third-quarter earnings for 2025 after the market closes on Wednesday, Nov. 20.

Ahead of the event, analysts expect NVDA to report a profit of $0.69 per share on a diluted basis, up 81.6% from $0.38 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.

For the full year, analysts expect NVDA to report EPS of $2.65, up 124.6% from $1.18 in fiscal 2024. Its EPS is expected to rise 33.2% year over year to $3.53 in fiscal 2026.

[GVI Forex]

US 10-year high yield was around 4.33% earlier today

[Belgrade Bobby]

AMD – Advanced Micro Devices Inc Daily

AMD falls after downbeat Q4 revenue forecast
* Shares of Advanced Micro Devices  AMD fall 6.6% to $155.3 in extended trading

* AMD expects Q4 revenue to be about $7.5 bln, plus or minus $300 mln, vs estimates compiled by LSEG of $7.54 bln

* AMD reports Q3 revenue of $6.82 bln, compared with analysts’ average estimate of $6.71 bln

* Stock has risen 12.8% YTD

AMD Gets an AI Boost, But Outlook Disappoints Investors
AMD shares fell about 6% in after-hours trading following a report that included a record $6.8 billion of revenue for the third quarter and a projection of roughly $7.5 billion for the current quarter. Analysts have projected sales in the current period of just above $7.5 billion.

[Belgrade Bobby]

Tesla – TSLA Daily

Tesla Stock Is Rising. Growth May Come From ‘Multiple New Models.’

Tesla shares dropped on Monday for the first time since earnings were reported this past week. Tesla stock was also down slightly in early trading on Tuesday as investors continued to mull over what Elon Musk’s growth comments mean for shares.

Tesla, Inc. (TSLA) Is a Trending Stock:
Facts you should know before betting on it:

The average analyst price target for Tesla stock is about $228, according to FactSet, up about $12 since earnings were reported. Tuesday, Barclays analyst Dan Levy raised his target price to $235 from $220. He rates shares at Hold.

The post-earnings gains left Tesla stock up about 6% year to date.

[GVI Forex]

Bobby posted this earlier and you should, as I do, pay attention as he is great on the directional risk.

Here is part of his update.

Above 1.29750 Bullish

Below 1.29650 Bearish

<em>Pattern wise – preparing to break Up

[GVI Forex]

AUDUSD DAILY CHART – Watch 5550



What caught my eye is weakness in commodity currencies despite the risk on mood in stocks.

In any case, AUDUSD performing like a textbook (see our Weekly FX Chart Outlook).

Now that it entered the .5507-55 target zone (low .5545) use 5550 as the bias indicator that will dictate whether it makes a run at 5500-10 or takes a pause.

[GVI Forex]

USDJPY 4 HOUR CHART – WAS THERE A HUDDEN HAND?

Was there a hidden hand (BoJ?) protecting the post-election 153.88 high (see chart)?

Note the verbal intervention comments (but ignored)posted here earlier.

To shift the focus back to 152, the 152.40-75 support zone would need to be broken.

[GVI Forex]

NAS100 DAILY CHART – RECORD HIGH LOOMS

One mega stock earnings report down, 4 more to go (Alphabet beats)

Waiting for NAS100 to follow the Nasdaq Index to a new record high.

As I have been noting keeps the bid while above 20K, stronger if 20500 becomes the bid.

[GVI Forex]

BTCUSD WEEKLY CHART – RECORD HIGH LOOMS

It finally hit me that the runup in BTCUSD may be a bet on Trump winning the presidency given his favorable view of cryptos.

In any case, the record 73780 high looms above, exposed while above 70-72K, stronger bid if above 72K.

[GVI Forex]

XAUUSD 4 HOUR CHART – ANOTHER RECORD HIGH

XAUUSD is again in uncharted territory. Best guess for the next target is 2780-00.

Support starts at 2750-58.

[SF Monedge]

Food for thought.  Yen futures are bouncing off of July 30th lows.  Bank of Japan decision is tomorrow night in the Asian session.  Following an historic power change in Japan just days ago.  MOF officials will start getting vocal, and perhaps a bit more, if/when Yen futures hit 6500.

[Mtl JP]

who, at least here on the g-v forum, does not like volatility ?

US interest rate options price in Republican sweep, jump in volatility

Reuters October 29, 20241:06 PM EDT

[SF Monedge]

It should not take a rockets scientist to see there is going to be growing risk off pressure headed into the US election from here.  On one side there is a known decades long Marxist.  On the other side there is apparently the second coming of Hitler according to the Marxist.

This condition is perhaps the most volatile US election scenario in its history.  Some are fighting for socialism and some are fighting for what they consider to be freedom.

This literally could end up in widespread violence across the country post-election regardless of the outcome.

So if you were a risk manager, would you be hedging right now?

[SF Monedge]

Not tomorrow, and allowing room for a bit more downside pressure, but we will see 22.50 VIX futures coming up in the not too distant future.  Currently 18.5.

[SF Monedge]

Expecting a primarily risk off environment from here until the US election.  Sell side of EurJpy looks very good at present at current levels to hold barring surprises.

[Author]

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