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Opening Bell - December 24, 2024 - Bonds Drop While Bitcoin Sees Huge Holiday Surge
Manage episode 457284324 series 68544
The market opened with gains led by the Nasdaq up 64 points, Russell up six, and Dow up 10. A pair trading strategy involving Russell and Nasdaq was discussed, with Russell underperforming. MicroStrategy (MSTR) announced plans to increase its share count by 3,000% to invest in Bitcoin. Tesla saw price increases while losing premium. Bonds hit lows, and Bitcoin surged by $3,000. The session explored market volatility and sector performances, including bank stocks and tech giants.
1197 afleveringen
Manage episode 457284324 series 68544
The market opened with gains led by the Nasdaq up 64 points, Russell up six, and Dow up 10. A pair trading strategy involving Russell and Nasdaq was discussed, with Russell underperforming. MicroStrategy (MSTR) announced plans to increase its share count by 3,000% to invest in Bitcoin. Tesla saw price increases while losing premium. Bonds hit lows, and Bitcoin surged by $3,000. The session explored market volatility and sector performances, including bank stocks and tech giants.
1197 afleveringen
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