Palantir (US Stock)The stock has nearly quadrupled this year. Closing at record $65, push the market cap to $150 billion.Palantir has announced to move its listing to the Nasdaq on November 26.Board member Alexander Moore hints this shift could force billions in ETF purchases.(Click on image to enlarge)
PLTR (Daily). Over the past 9 trading days, the stock has recorded 6 gap-ups, reflecting strong investor enthusiasm. While the trend remains bullish, we anticipate a correction as the current hype appears to outpace the stock’s fundamentals.
Gold (Commodity)Gold price is on track for their biggest weekly drop in over three years, down more than 4%.Federal Reserve has been signalling a slowdown in rate cuts, which has bolstered the US dollar and sent Treasury yields climbing.(Click on image to enlarge)
XAUUSD (Daily). From its all-time high, gold already had 9% correction. The price could consolidate around the yellow zone for a pullback toward the green zone before continuing its bearish trend.
Bitcoin (Cryptocurrency)Crypto market touched 3 trillion USD in capitalization, up 35% in just 10 days.Leading the charge is Bitcoin, surging nearly 20% this week to 93,000 $.(Click on image to enlarge)
BTCUSD (Weekly). Bitcoin got benefit from post-election momentum, reaching an all-time high of $93,000. The psychological target of $100,000 now seems more attainable than the demand zone at $73,500. Waiting for further confirmation or setting a buy limit within the yellow zone up to $80,000.More By This Author:
Palantir’s Surge, Gold’s Decline, And Bitcoin’s Record Rally
