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SpaceX (SPCX) did not have a great day yesterday-how about today?
It was not a great day for shares in SpaceX yesterday. The stock failed to hold onto the $150 handle at the second attempt and fell back as low as $145.55. That was pretty much where it had based out the day before. The stock later closed $5.92 lower, at $147.55.
The 24/7 price (SPCXUSDT) has been trading of course since the close last night and it is falling back again right now just ahead of the US opening. Earlier today it had tried to rally a couple of times but could not make it back above the $148 handle. The 24/7 stock price is currently close to session lows when it slumped to 143.90 a short while ago. It is trading right now at $145.20 as the live cash market prepares to start trading again
Market News
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Dow Jones sure kicks off on the front foot this afternoon
We shall come back later perhaps with the precise opening for the Dow Jones this afternoon, but suffice to say it was markedly higher and effectively...
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A bull trap?- USD/JPY does a Volte Face
Since the initial reaction higher in the USD/JPY which saw it jump immediately above 154.40, the dollar has since fallen back below the earlier lows...
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A very lively two-way reaction to the US CPI data- check out the S+P 500 futures now
The immediate reaction to the US CPI report was rapid and dramatic across a number of markets. We already covered the USD/JPY and Gold and now we look...