☀️ Morning News · Sep 19
On the previous trading day, the S&P 500 rose 0.17% to 7,650.5, and the Nasdaq gained 0.39% to 26,522.5. In the past month, both major indices still closed slightly lower, with limited rebound strength. In the Asian early session, Hong Kong stocks’ AI theme strengthened: Zhipu AI rose 5.41% and MINIMAX-W jumped 18.92%, moving in the same direction as tech sentiment in US stocks. The VIX fell to 14.8, down 4.08% on the day; over the past week and month, it decreased by 6.5% as well, indicating continued weakening of safe-haven demand. The probability of a 25-basis-point rate hike in October from the Federal Reserve is temporarily reported at 57.6%. Schmid voted in favor of a hike and said the inflation trend has been above 3%, while tightening expectations have not gone away. The yen surged sharply overnight, and the Bank of Japan implemented a currency-rate check, so carry-trade funds may become more cautious. Today’s risk appetite is likely to recover slightly, and crypto and tech themes may outperform relatively, but rate-hike expectations will cap upside.
Overnight action:
MSTR up 16.3% 09-18 Strategy drug approval or clinical progress (GuruFocus.com)
BNC up 13.7% (no public information available to explain this unusual move)
None of the four price levels mentioned earlier were reached—still waiting with orders open.
Nasdaq up 0.39%, and the VIX fell to 14.8. Risk appetite is indeed warming up, but the 10-year US Treasury yield rose to 4.998%—adding 5.1 basis points in a single day. The holding cost for zero-yield assets has been pushed higher, which neatly keeps the market from moving further up. BTC is trading at $81,266, only +0.47% over the past 24 hours; ETH is up 0.02%. It’s basically moving sideways—tech stocks’ warmth hasn’t really transmitted through much, and the rate-hike bet is weighing down the other side more firmly.
$BTC $XAU $XAG #BTC #Macro
Ahead of the open, are you more focused on the direction of rates, or whether the overnight momentum can continue?
I trade US stocks—3 years ago, that’s why I came, because Binance could trade US stocks. Two brief updates each morning and evening—worth checking them out.
On the previous trading day, the S&P 500 rose 0.17% to 7,650.5, and the Nasdaq gained 0.39% to 26,522.5. In the past month, both major indices still closed slightly lower, with limited rebound strength. In the Asian early session, Hong Kong stocks’ AI theme strengthened: Zhipu AI rose 5.41% and MINIMAX-W jumped 18.92%, moving in the same direction as tech sentiment in US stocks. The VIX fell to 14.8, down 4.08% on the day; over the past week and month, it decreased by 6.5% as well, indicating continued weakening of safe-haven demand. The probability of a 25-basis-point rate hike in October from the Federal Reserve is temporarily reported at 57.6%. Schmid voted in favor of a hike and said the inflation trend has been above 3%, while tightening expectations have not gone away. The yen surged sharply overnight, and the Bank of Japan implemented a currency-rate check, so carry-trade funds may become more cautious. Today’s risk appetite is likely to recover slightly, and crypto and tech themes may outperform relatively, but rate-hike expectations will cap upside.
Overnight action:
MSTR up 16.3% 09-18 Strategy drug approval or clinical progress (GuruFocus.com)
BNC up 13.7% (no public information available to explain this unusual move)
None of the four price levels mentioned earlier were reached—still waiting with orders open.
Nasdaq up 0.39%, and the VIX fell to 14.8. Risk appetite is indeed warming up, but the 10-year US Treasury yield rose to 4.998%—adding 5.1 basis points in a single day. The holding cost for zero-yield assets has been pushed higher, which neatly keeps the market from moving further up. BTC is trading at $81,266, only +0.47% over the past 24 hours; ETH is up 0.02%. It’s basically moving sideways—tech stocks’ warmth hasn’t really transmitted through much, and the rate-hike bet is weighing down the other side more firmly.
$BTC $XAU $XAG #BTC #Macro
Ahead of the open, are you more focused on the direction of rates, or whether the overnight momentum can continue?
I trade US stocks—3 years ago, that’s why I came, because Binance could trade US stocks. Two brief updates each morning and evening—worth checking them out.
