$BTC steadied after the Binance hack but is soft again today; Binance reopened withdrawals and replaced most of the stolen funds from its own reserves (CoinDesk, Bloomberg). A pharmaceutical company beat expectations and its shares are near a high; a pullback (a temporary move lower after a rally) is possible on the chart, but that is only a technical estimate (24/7 Wall St). Natural gas is bouncing on LNG demand (TradingKey). Silver and gold bounced after Friday's selling on cheaper oil, a weaker dollar and bargain buying, but rate hike expectations limit the bounce (Business Standard, Economies.com). A hotel company posted better results and a raised outlook (Investing.com). A chip company agreed to buy an optics company in an all stock deal and both shares fell, with the exact reason unconfirmed (24/7 Wall St). This week brings earnings from large technology companies and the US jobs data (CNBC, CoinDesk). S&P 500 futures are higher (Reuters via MarketScreener). Oil fell sharply on hopes from Iran and America talks, but attacks on ships near Hormuz continue, so some risk premium remains (The National, Reuters via MarketScreener). This is a market observation only, so base your trading decisions on your own research and risk tolerance.
