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Day Traders Diary
Diamonds and Dogs
Day Traders Diary
The major averages finished in the green with a rebound in financials by Goldman Sachs and big cap techs following strong earnings and guidance from Taiwan Semiconductor. The Dow Jones Industrial Average added 292 points, or 0.60% to 49,442 led by Goldman Sachs and Nvidia. The S&P 500 rose 17
Taiwan Semi (TSM) says AI spending is alive and well. The chip manufacturing giant is up 6% on strong earnings as revenue rose 25% to $33.7 billion. Taiwan went on to raise guidance and cap ex spending as demand remains robust. Taiwan’s guidance is lifting the whole sector. Eli Lilly
Commodities remain strong. As the markets pull back, commodities remain strong. Exxon (XOM) and Chevron (CVX) are both up 2% as geopolitical tensions around the globe in oil producing countries like Venezuela, Iran and Russia has pushed oil back above $60 a barrel for the first time in months. Banks
The major averages finished in the green with a rebound in financials by Goldman Sachs and big cap techs following strong earnings and guidance from Taiwan Semiconductor. The Dow Jones Industrial Average added 292 points, or 0.60% to 49,442 led by Goldman Sachs and Nvidia. The S&P 500 rose 17
Diamonds and Dogs
Taiwan Semi (TSM) says AI spending is alive and well. The chip manufacturing giant is up 6% on strong earnings as revenue rose 25% to $33.7 billion. Taiwan went on to raise guidance and cap ex spending as demand remains robust. Taiwan’s guidance is lifting the whole sector. Eli Lilly
Commodities remain strong. As the markets pull back, commodities remain strong. Exxon (XOM) and Chevron (CVX) are both up 2% as geopolitical tensions around the globe in oil producing countries like Venezuela, Iran and Russia has pushed oil back above $60 a barrel for the first time in months. Banks
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