[Belgrade Bobby]

Nvidia – NVDA

Nvidia Put Option Premiums are Sky-High – Good for Short Sellers Ahead of Earnings

Nvidia Inc. (NVDA) stock is floating higher as analysts keep raising their price targets and revenue forecasts. Put option premiums are sky-high, giving short sellers high yields in out-of-the-money put strike prices in close expirations.

NVDA is at $139.26 in midday trading on Tuesday.

[Belgrade Bobby]

XAUUSD Daily – Gold

Supports : 2725.00 , 2715.00 & 2705.00

Resistances : 2750.00 , 2760.00 & 2775.00

Getting ready to shoot Up again ??

Close tonight above 2745.00 might signal the readiness.

Close below 2735.00 would call for more supports testing….

[GVI Forex]

EURUSD 4 HOUR CHART – AMAZING TRADER LEVEL

 

You have seen me post about my (more than just a) charting algo, The Amazing Trader and what you see on this chart is no coincidence.
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In fact, if you scroll back, you will see me cite this as a key level.
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‘FWIW I would not have drawn this line without AT.

Contact jay@global-view.com for details on a 1/2 rate special

[SF Monedge]

The only certainty following initial election results is  there will be just as much if not more uncertainty.

I think US stocks in particular will go on a bull run regardless of who wins after the dust settles but the magnitude will be greater if Trump takes over.  It will be fascinating to see how many outfits make ill advised moves out of emotion and denial.

This will be a contested election no matter who is looking like the winner and the dust won’t settle in the first 30 minutes.

In 2016 markets went absolutely ballistic.  If you are participating you had better be sure you are correct.

[SF Monedge]

Money is quietly beginning to move into Franc now.

[GVI Forex]

Here’s a thought

Are the price moves a bet on Harris or just position adjustments?

Higher yields (more spending)
Higher stocks (continuity)
Weaker USD (no tariffs)

[GVI Forex]

For all traders in our blog

A Warning to All Traders: Your Stop May Not Be a Stop

[GVI Forex]

USDCAD 4 HOUR CHART – PRE-ELECTION POSITION ADJUSTMENTS

Keep this simple

Would need to regain 1.3874 to ease the downside risk
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On the downside 1.3800-11 is a key area blocked by 1.3838.

1.3850 will likely be pivotal

[GVI Forex]

2/3 of the Trump Trade so not an election indicator

US bond yields up
US stocks up
USD down

[GVI Forex]

BTCUSD 4 HOUR CHART – ELECTION INDICATOR

BTCUSD may be setup to have the most volatility given Trump’s support of cryptos while Harris has not made it an issue.

So, let’s pick a range and ask whether 60K or 75K (7500 pips either side of 67500) are safe in any knee jerk reaction to the election result.

On this chart, watch the trendline, close to being tested today.

[SF Monedge]

2025 should be a good year for psychologists because there will be hordes of politically delusional people melting down after this election.

[GVI Forex]

ISM Services PMI beats on the upside… yields up… usd up a touch but with limited follow through…trading is still a sideshow waiting for the election results

Stocks opened higher, led by NAS

[SF Monedge]

Follow through on the Yen crosses did indeed materialize.  Often when the prognostication starts hitting media sites the condition has grown stale.

[GVI Forex]

ISM Services PMI beats on the upside… US yield higher… USD up a touch but just a sideshow until election results.

Note firmer stocks on the open, led by NAS

[SF Monedge]

I would bet that many a spouse of professional political analysts are going to be quite tipsy before the night is over.

[GVI Forex]

ISM services PMI due at the top of the hour

See our Economic Calendar

[SF Monedge]

Yen crosses appear to be running out of steam for the moment.

[GVI Forex]

Bobby, you have been pointing out the upside risk on GBPUSD… take a look at the yield snapshot, which may be a reason why GBPUSD is holding a bid * and vs EUR a well)

Note commodity currencies, led by the AUD (and NZD) are outperforming.

[GVI Forex]

USDMXN 1 HOUR CHART – US Election Indicator

If you are looking for an indicator of US election sentiment, keep an eye on USDMXN where a Trump win would be bad for the peso and a Harris victory would provide relief.

Similar to elsewhere, the opening week gap remains unfilled.

[Belgrade Bobby]

GBPUSD Daily

Supports : 1.29450 , 1.29050 & 1.28450

Resistances : 1.30000, 1.30450 & 1.31050

Cable is in the sideways from 15.10. with some up and downticks.

Waiting for two major outcomes : US Election ( today) and FOMC ( Thursday ).

If we put aside that influence , strictly chart wise, a Pattern is forming for another Uptrend Episode.

Breaks of given supports/resistances won’t mean anything if it won’t be followed by few days of continuation !

Sit on your fingers ( use them to hold a coffee cup ) and wait for the outcomes.

 

[Author]

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