#whatwilldrivecryptoandstocks’nextrebound?
😱 What a real Friday the 13th: Global markets endured a rough day after the shock departure of Jensen Huang, Nvidia's CEO!
NVDA shares fell by more than 4%, dragging SMCI down 11.3%, while its rivals AMD and Broadcom celebrated gains of over 5%.
🌏 Asian markets were also clearly divided into two camps:
• Up: Taiex (Taiwan) +1.35%, and Nikkei 225 +0.53% (Sapporo Breweries shares jumped +8.56%).
• Down: Shenzhen -2.05%, Hang Seng -1.52%, and Kospi -0.98% (Japan's Mercari shares fell 8.88%).
🔍 What will trigger the next rebound, and which direction will Wall Street take this evening?
On this Friday the 13th, all eyes are on the U.S. October Producer Price Index data. 10-year bond yields have surpassed 5.1%, while a spike in oil prices is also weighing on Wall Street futures. If the PPI slows and the semiconductor sector stabilizes, capital flows could spark an immediate rebound in stocks and cryptocurrencies!
💡 What should you do as a trader? Buckle up, reduce leverage, manage your capital with discipline, and never give in to the fear of missing out (FOMO) by chasing a fake rebound.
⚠️ This is not financial advice.
$AKE
AKEUSDT
Perpetual
0.006017
+130.62%
$BARD
BARDUSDT
Perpetual
0.1504
+75.9%
😱 What a real Friday the 13th: Global markets endured a rough day after the shock departure of Jensen Huang, Nvidia's CEO!
NVDA shares fell by more than 4%, dragging SMCI down 11.3%, while its rivals AMD and Broadcom celebrated gains of over 5%.
🌏 Asian markets were also clearly divided into two camps:
• Up: Taiex (Taiwan) +1.35%, and Nikkei 225 +0.53% (Sapporo Breweries shares jumped +8.56%).
• Down: Shenzhen -2.05%, Hang Seng -1.52%, and Kospi -0.98% (Japan's Mercari shares fell 8.88%).
🔍 What will trigger the next rebound, and which direction will Wall Street take this evening?
On this Friday the 13th, all eyes are on the U.S. October Producer Price Index data. 10-year bond yields have surpassed 5.1%, while a spike in oil prices is also weighing on Wall Street futures. If the PPI slows and the semiconductor sector stabilizes, capital flows could spark an immediate rebound in stocks and cryptocurrencies!
💡 What should you do as a trader? Buckle up, reduce leverage, manage your capital with discipline, and never give in to the fear of missing out (FOMO) by chasing a fake rebound.
⚠️ This is not financial advice.
$AKE
AKEUSDT
Perpetual
0.006017
+130.62%
$BARD
BARDUSDT
Perpetual
0.1504
+75.9%
