Market Minutes – August 30th
Market Update — US futures are trading higher as the markets continue to move higher.
International Markets — European and Asian markets are trading higher on positive global sentiment.
Commodities — Gold and silver are flat as the fed remains cautious regarding tapering and inflation. Oil is trading slightly lower as Ida begins to weaken and the focus shifts to OPEC+.
Crypto — Bitcoin is trading 2.26% lower around $47,780. Ethereum is trading 1.610% lower around $3,160 a coin.
Biggest After Market Movers — Affirm is trading 41% higher this morning after they announced a partnership with Amazon for customers with purchases greater than $50. Globalstar is trading 41% higher on news that the Iphone 13 will connect directly to satellites for communication. Weber the grill maker is trading 3.2% higher after Goldman Sachs rated them as a buy and JP Morgan rated them as overweight
Chart of the Day — AAPL $155 Price Target (Charts by Tradingview)
Charts by TradingView