Market Pulse Daily: Stocks, Bonds, Gold & Bitcoin Insights, Wednesday, November 25, 2024

The S&P 500 and NASDAQ 100 experienced a slight increase, while bonds and Bitcoin declined. Gold also experienced a slight increase after a significant drop on Monday. The presenter also suggests monitoring Bitcoin's pullback and the potential for a bounce off the weekly trend line, highlighting the importance of consistency and market monitoring.

S&P 500 & NASDAQ

• 00:00:41 Both the S&P 500 and the NASDAQ 100 saw an increase of just over half a percent, with the S&P 500 reaching a higher high this week compared to the previous week. The market's upward trend has continued since the election, experiencing a slight dip in the middle of November before recovering. Volume has been decent over the past few weeks, although it was slightly lower last week.

Bonds

• 00:03:02 Bond markets experienced a significant upward movement the day before, but this momentum appears to have subsided, with the current day's performance showing a decline. The presenter interprets the previous day's large green candle as a possible end to the rally, emphasizing the need to understand the implications of candlestick patterns. The trend seems to be heading upwards.

Gold

• 00:04:35 Gold showed a small uptick after a substantial decline on Monday. The presenter notes the continued downward pressure on gold, highlighting previous price movements and candlestick patterns that suggest potential further decline. The market remains under pressure, and the presenter recommends monitoring its movement.

Bitcoin

• 00:05:23 Bitcoin has experienced a noticeable pullback after a period of growth. The presenter recommends keeping an eye on the short-term and two-day charts to observe any patterns. Bitcoin's recent upward trend may be nearing an end as it approaches a weekly trend line, where a potential bounce might occur. The presenter emphasizes the importance of paying attention to the trend line and potential reversal.