Closing near session highs
- -37.13
- open 20540.21
- high 20562.20
- low 20396.50
- USDJPY 124.05
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Fed's independence tested by Trump pressure; 75bps cut looms. Traders eye 2025/26 policy shifts.
JD.com options: 125% payout potential on 29/31 call spread, breakeven at $29.89. NTAP eyes 150% on 115/120 spread. ZS targets 178% on 240/250.
CVNA's 115% YTD surge faces headwinds. At 81x forward earnings, is this turnaround sustainable?
DOGE holds $0.122 support, SHIB breaks $0.00000717 floor. Meme coins pinned to technicals, not catalysts.
XRP dips to $1.86 despite steady ETF demand ($1.25B assets). Traders sell rallies near $1.90 resistance; bids hold $1.86.
NVDA dips 11.67% but Cantor sees attractive entry; forward P/E 42.85, sales 21.5x. AI demand surge ahead.
CEOs back Waller for Fed Chair (81% poll!) for rate cuts & independence. Stocks rallied, yields fell on his comments.
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