I dumped my IWM puts (7% loss) but re-entered just a simple short-sale on IWM at decently high prices. Still, we have got to break back below the green line for this to have a prayer.
The USD/CAD pair trades with mild gains near 1.3645 during the early Asian session on Wednesday. The US Dollar pares losses against the Canadian Dollar after data showed a better-than-expected increase in labor market demand.
On Tuesday, Cathie Wood-led Ark Invest made significant trades involving Tesla Inc. and Coinbase Global Inc. . These trades reflect Ark’s strategic positioning amid ongoing market developments.
Ram 1500 retail sales jumped 68%, and Fiat 500e volumes more than doubled; however, weaker performance across other segments weighed on overall results.
While there's been a material rate-cut-driven fall in US market rates, there are some risks ahead for longer tenor rates coming from inflation and the fiscal deficit.
The one thing we do know about the bill, it is current form, is that it will add $3.3 trillion to the deficit and increase the debt ceiling by $5 trillion. These are not small numbers.
