NVDA
NVIDIA
-- 131.760 TSLA
Tesla
-- 396.360 RGTI
Rigetti Computing
-- 8.9500 AMD
Advanced Micro Devices
-- 116.090 PLTR
Palantir
-- 65.910 
Monday Opens to S&P 500 Climb, Dow Slides as Eyes Look Toward Nvidia | Live Stock
Good morning, traders. Happy Monday, November 18th. You will not make it through the day without news about the animal spirits moving the market today.
My name is Kevin Travers, and the S&P 500 climbed on Monday, but key stocks were pulling down the Dow.
$Super Micro Computer (SMCI.US)$ was the highest climbing stock on the S&P 500, up 11% after a rumor Friday that the firm might file a plan to file their still delayed June 2024 end-of-fiscal year report. The Nasdaq exchange said SMCI had 60 days from September 17th to file its year report after the firm's auditors resigned. The firm also delayed its Q1 filing on Nov. 5th.
$Tesla (TSLA.US)$ climbed a whopping 8% after Bloomberg reported that the incoming Trump admin would try to prioritize self-driving car regulations. Rideshare apps $Uber Technologies (UBER.US)$ and $Lyft Inc (LYFT.US)$ fell 7% and 5%.
$NVIDIA (NVDA.US)$ shares fell Monday after a report from investigative News outlet The Information said its Blackwell chips have been overheating, causing some customers to cut back orders by as much as $1B. The firm is set to report earnings Wednesday night, and the market will look closely at Blackwell chip sales and projections.
Within industries tracked by moomoo, auto manufacturers climbed by 5%, led by stocks like Tesla.
$Crude Oil Futures(MAR5) (CLmain.US)$ climbed 3% to $68, growing after President Biden said Ukraine e could use long-range U.S. missiles offensively against Russia. Russia responded with broad daylight strikes in Ukraine. $Bitcoin (BTC.CC)$ started the week up 2%, climbing to $91k, approaching its all-time high hit Monday last week of $93k. Gold and silver climbed. $U.S. 2-Year Treasury Notes Yield (US2Y.BD)$ and the $U.S. 10-Year Treasury Notes Yield (US10Y.BD)$ climbed.
The market overall tried its best to climb Monday.
Just past 11:07 am ET the $S&P 500 Index (.SPX.US)$ climbed 0.46% the $Dow Jones Industrial Average (.DJI.US)$ fell just 0.02%, mostly flat, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 0.87%.
This week will be light on macroeconomic news. The largest data updates will be from Michigan consumer sentiment and PMI numbers on Friday. Investors can also watch for Fed speakers, the Atlanta Fed's GDP now, and existing home sales.
Last week was about CPI, which came in at 2.6% year over year in October, about 0.2% higher than in September. Core CPI remained at 3.3%, excluding food and gas, right near where it has been for the past six months or so.
Fed Chair Powell said Thursday that the FOMC does not need to cut every meeting for the monetary policy stance to be considered in a cutting cycle.
Over the weekend, users talked about their investment picks for the rest of the year.
Traders, what do you think? What you watching on the stock market today? What is the herd following? Let me know in the comments below!
Disclaimer: This content is for informational use only and is not a recommendation or endorsement of any particular investment or strategy. Indexes are unmanaged and cannot be directly invested into. Investing involves risk and the potential to lose principal. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors' financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances, before making any investment decisions. Past performance does not indicate or guarantee future success. Moomoo makes no representation or warranty as to its adequacy, or timeliness for any particular purpose of the above content. The data and information provided has been obtained from sources considered to be reliable, but moomoo does not guarantee that the foregoing material is accurate or complete. See the link in the Moovers Community post for more information.
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Kevin Travers
Moomoo News and Community Manager
Moo moo News and Community Manager, NJ Office.
Fmr CNBC contributor, reporter/investor/trader
Posts do not represent mm
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Trump 2.0 countdown: What's the next big opportunity in the markets?
🎙️️ Discussion: 1. Could Trump's cryptocurrency policies potentially benefit the crypto market? 2. Might his tariff policies have a positiv
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Trump 2.0 Opportunity Preview: Guess the market winner before the president takes office!
Clement Lemons : okk
White_Shadow : bitcoin shall remain hot
Space Dust : bubble is an agreed upon by many, there is a nickname called the magnificent, Nvidia has a history of shady dealings, ALOT are " just waiting" for a crash.
how big though?
Mrstocksplitsundae : those are laughable for end of year play, fomo much? lmao
Kevin Travers OP Mrstocksplitsundae : what are you doing for an end of year play?
Space Dust : DEC. diversified energy. stock has been my best choice. Exited positions I may regret in meta, amazon, brk-b, MasterCard.
re-entered uranium, gold, silver, palladium, platinum, bitcoin 1x, 1.5x, Bunge, NVD, Tesla 2x shorts
Space Dust : UTF has been stellar for months..
bubbleberrygum : for once, I'll go with tsla..just bcos, DOGE Trump(ed) ahahaha
27182818 Mrstocksplitsundae :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
103497316 : Palantir
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