Softer tones as we wait on the official openings 9 Aug 2016
- DAX futures -0.2%
- CAC40 -0.1%
- FTSE +0.1%
Bund futures up 10 at 167.2
Bund futures up 10 at 167.2
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Rocket Lab's $38B market cap vs. SpaceX's $1.75T. Revenue up 38%, but P/S is 56. Wait for Neutron?
Bitcoin miners pivot to AI, boosting valuations 5-10x. Expect sector reclassification & multiple re-ratings.
Strategy buys $330M BTC, but holdings are $4.9B underwater. STRC preferred shares fuel buys.
Silver's technicals trend higher, but geopolitical threats loom. Market reset to $70, watch for Trump's impact.
S&P 500 faces headwinds! Technicals and options suggest widening cracks. Watch for NFP gap risk near 6,700.
Bitcoin nears $70K, up 4% as crypto stocks surge. Gold up 1%, yields rise. Oil dips.
BILL (2.2x P/S) & QTWO (3.7x P/S) show slow growth. MTRX (17.8x P/E) faces margin pressure. Avoid these.
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