:chart_with_upwards_trend: :chart_with_upwards_trend: Market Minutes – August 23rd :chart_with_upwards_trend: :chart_with_upwards_trend:

Market Update — US futures are trading higher ahead of the Fed’s Jackson Hole symposium.

International Markets — European markets are trading higher after suffering their worst week since February. Asian markets are trading higher as oil prices surge higher.

Commodities — Gold and silver are trading higher as the dollar shows weakness of delta variant news. Oil is trading higher on a weaker USD.

Crypto — Bitcoin is trading 3.60% higher around $50,380. Ethereum is trading 5.5% higher around $3,300 a coin.

Biggest After Market Movers — Coinbase is trading 3.2% higher as Bitcoin tops $50,000 for the first time since early May. Pfizer is trading 3.9% higher as they are expected to receive full FDA approval for their COVID-19 vaccine. Uber is trading 5.8% lower after a California Judge ruled that the “gig workers” law is unconstitutional.

Chart of the Day — NVDA Ascending Triangle Breakout

Charts by TradingView