UK election voting underway and the pound continues to feel some love
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Offers: 1.2985 1.3000 1.3020 1.3050 1.3080 1.3100 1.3160 1.3200
Bids: 1.2950 1.2930 1.2900 1.2880-85 1.2850 1.2830 1.2800 1.2785 1.2750 1.2700
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China March official PMIs: Manufacturing 50.4 (exp 50) Non-manufacturing 50.1 (exp 49.9)
Ackman calls NLY 'stupidly cheap,' sees 10x upside. Stock up 2% after 30%+ surge.
QQQ's 8% dip may be a buy-the-dip chance. Tech P/E is reasonable, with strong AI-driven growth ahead.
ATMU drops 5.7% on Baird downgrade & oil fears. Still up 4.1% YTD, 16.8% below 52-wk high.
ALOY builds non-Chinese rare earth supply chain. Pentagon deadline looms, demand triples. High risk, high reward.
PBOC sets USD/ CNY central rate at 6.9194 (vs. estimate at 6.9209)
SaaS stocks surge on Iran de-escalation & dip buying. ADBE +3.1%, PAYC +3%, PEGA +3.3%, CRM +3.4%, BOX +3.2%.
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