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Monday Market Open
Dear Winner,
I hope you’ve had a great weekend. Got some absolute sauce for the week ahead, and everything you need to know.
Market Indices & Commodities
| Gold | $2,591.76 | +1.10% |
| Copper | $4.05 | -0.03% |
| Silver | $30.77 | +1.64% |
| NASDAQ | $18,680.12 | -2.24% |
| S&P 500 | $5,870.62 | -1.32% |
| TSX | $24,890.68 | -0.63% |
| CSE Comp | $146.64 | +0.00% |
News
The Recap
Some big stories from last week:
Biden allows Ukraine to use US missiles to strike inside Russia 🧨
Argentina the sole UN member to oppose Resolution on Gender Violence 🗳️
S&P 500 dividend yields decline due to the dominance of tech stocks 📉
Jake Paul beat Mike Tyson in their boxing match 🥊
COP 29 climate summit starts in Baku 🌳
Graph of the Day
Streaming Market Share
News
This week
Another fucking boring week of not many big companies reporting earnings this week unfortunately.
Monday - Literally fuck all. Enjoy the quiet day!!
Tuesday - Walmart ($WMT) and Viking ($VIK) earnings. Canadian CPI for October too.
Wednesday - Nio ($NIO), Wiz ($WIX) and Nvidia ($NVDA) earnings. Obviously gonna be a big week for Nvidia, excited to see how it plays out. UK CPI data for October.
Thursday - John Deere ($DE) and Intuit ($INTU) earnings.
Friday - Literally fuck all.
Now You Know
Ukraine War Update
Alright,
I haven’t given you guys a proper update on Ukraine for some time now, and given the US has just let them use US armaments inside Russia, it feels like a good time to talk about the conflict.
Russia now holds approximately 20% of Ukraine. However, the war seems to be at a bit of a standstill. Russians and Ukrainians are fighting in trenches, trying to hold their respective front lines and prepare for long winter ahead.
However, Biden allowing US weapons to be used in Russia, likely one of the last major things he will do in his as president, is arguably reckless. The Kremlin has responded by saying that the US is adding ‘fuel to fire’. Long story short, Moscow is seriously pissed about this, and it’s arguably the biggest foreign intervention / escalation in the war we’ve seen in 2024 so far.
Could we see WW3 shortly?
Thank You
That’s all Folks
Hey, thank you for checking out Monday Market Open. I hope you enjoyed it, learned something new, and are feeling ready to attack the week. Keep an eye on your inbox for more Alpha coming your way this week.
Cheers,
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