➀ Bitcoin has reached a new milestone, nearing the $100,000 mark after a significant price rally from $80,000 to $90,000; ➁ The rise has been linked to the election of President Trump, with a 30% increase since he was elected; ➂ The price of Bitcoin isn't the only cryptocurrency-related thing rising in value, as shares of the cryptocurrency exchange Coinbase increased by approximately 75%.
Recent #Market Rally news in the semiconductor industry
1. China stocks have started 2025 strong, with the Hang Seng Index seeing its best rally since 1986. 2. Despite a 12% drop since October, PDD's low P/E ratio and robust EPS growth make it a buy. 3. PDD's Q3 results showed solid operating profit growth, but competition and tariffs remain key risks.
1. The Santa Claus Market Rally began on Christmas Eve, with significant gains across major indices. 2. Post-holiday, there was a rise in 10-year Treasury yield and a decline in futures. 3. Retail spending exceeded expectations, and jobless claims fell. 4. Russia's missile attack on Ukraine raised concerns over energy security and geopolitical tensions. 5. Crypto trends remained in focus, but Bitcoin experienced a slide.
1. The Federal Reserve cut interest rates for the first time in four years, signaling confidence in low inflation; 2. Homebuilders, Tech, and Financials are set to benefit from the rate cut; 3. The market typically falls after the first rate cut, but history suggests a rally follows, presenting a buying opportunity; 4. SA Quant has identified five top-rated stocks with positive factor grades to capitalize on the reduced rate environment.