📰 The Great Adventure of Financial Markets! 🌍
Day by Day, from August 1st: Stocks, Cryptocurrencies, Bonds, Commodities and Currencies. 😎📈
📅 August 19-20, 2024: Let’s Recap the Month So Far and Look Ahead! 🔮
We’re almost at the end of August, and things are getting interesting.
Stocks: NVIDIA, Google, and Microsoft continue to dominate thanks to AI. Meanwhile, other sectors like energy and consumer continue to struggle. It seems like technology is the future, and the market knows it. 💻🌐
Bonds: With volatility in the stock market, bonds remain a popular safe haven. Nothing like having a safe backing in uncertain times. 😌
Commodities: Gold has had an incredible month, and it looks like it will continue to trend higher. Governments are buying big, and demand doesn’t seem to slow down. Oil has had its moments as well, although it remains unpredictable. ⚖️
Currencies: Finally, the dollar is showing signs of weakness, and that has put investors on alert. Meanwhile, cryptocurrencies continue their path of extreme volatility. If you’re in crypto, make sure you’re well-buckled for the next moves. 🎢💸
📅 August 16-18, 2024: Gold is Still on a Roll, and the Dollar is Starting to Fail! 🪙💪
As we move into August, gold is still in rockstar mode, and the dollar is starting to lose a bit of its luster.
Stocks: Technology is still the darling of the market. Microsoft and Amazon are leading the gains, while Tesla continues to struggle in China. Apparently, sales are not going as well as expected. 🚗💥
Bonds: Treasury bonds were still the favorite choice for more cautious investors. No big changes here.
Commodities: Gold has no brakes! 🏅 Governments continue to buy big, and the price is rising. Oil, after so many ups and downs, also regained some ground, rising 1%.
Currencies: Here’s some interesting news: the dollar has finally started to lose strength against the euro and the yen. And in the crypto world, everything is going on as usual: constant movement and non-stop excitement. Not for the faint of heart! 💸🚀
📅 August 12-15, 2024: New AI Projects and Gold to the Moon! 🚀✨
Artificial intelligence (AI) projects continued to dominate the news, and gold continued to shine like never before.
Stocks: Google announced a new breakthrough in automating work with AI, and its shares soared 4%. 🌟 Not bad for a Monday! NVIDIA also showed its stronger side, launching a new AI product and rising another 3.5%. Meanwhile, Tesla stock took a hit, falling 2% on concerns about demand in China. 🚗
Bonds: Bonds continued to be the favorite choice for those who preferred safety over the excitement of the stock market. A quiet day in the world of bonds. 🛌
Commodities: Gold continued to rise like a rocket 🚀, reaching its highest level in a year. The reason? Both Russia and India were increasing their gold reserves, which boosted demand. Oil was stable, up slightly by 0.8%.
Currencies: The dollar showed signs of weakness, and cryptocurrencies were back in the spotlight. Bitcoin and Ethereum continued to move like on a dance floor, moving up and down relentlessly. 🎢💃
📅 August 9-11, 2024: The Federal Reserve Is Scary, But Gold Is Shining! 💸
The financial drama continued when the Federal Reserve (Fed) decided to intervene. Spoiler alert: it was not well received by everyone.
Stocks: The Fed said it would keep interest rates high for longer to control inflation. And that sent stocks tumbling like dominoes. 📉 Especially in the tech sector: Tesla fell 3% and Meta (Facebook) 2%. Oh, the pain! 💥
Bonds: Meanwhile, Treasury bonds saw a small increase in their yields. It seems investors thought: «If interest rates are going to be high, I better secure something stable.» 📊
Commodities: This is where gold shined like a superstar. It rose another 0.5%, and everyone who bought it in July started cheering. 👏 Oil, however, fell another 1%, because the market still doesn’t know what to do with it.
Currencies: The dollar was still unstoppable, and cryptocurrencies, of course, were in roller coaster mode. Some days they rose, others they fell, and crypto investors couldn’t take their eyes off their portfolios. 📱💰
📅 August 6-8, 2024: Tech News Rain and Gold Holds Firm! 💻✨
This week, the big tech titans gave no respite, and gold continued to shine like a star on a dark night.
Stocks: Apple and Amazon took a bit of a hit, falling between 1% and 2%. The reason: rumors that demand for their products was starting to cool. 🧊 But, it wasn’t all bad! Microsoft surprised us with a deal in quantum computing that left everyone with their mouths open and its stock rose 3%. AI remains its big bet, and it seems to be working out well for it.
Bonds: No big changes here. Investors kept looking askance at Treasury bonds, as if to say, «I’m going to invest here until things calm down.» 😎
Commodities: Gold continued its golden climb, rising another 0.6%. Oil, after a disastrous week, finally showed signs of life and rose by 1%. It seems that OPEC hinted that it might cut production and the markets reacted upwards.
Coins: Attention, crypto fans! Ethereum finally came out of the slumber and rose by 4% in two days. Woohoo! 🚀 The rest of the cryptocurrencies also showed some life, although as always, the roller coaster was on. The dollar, on the other hand, was still strong and dominant.
📅 August 4-5, 2024: Warren Buffett, the Oracle of Omaha, Makes Magic 💼✨
This weekend, the markets got a little plot twist thanks to one of the greats: Warren Buffett! 🔮
Stocks: Word got out that Buffett had increased his stakes in Occidental Petroleum and Kroger. 🛒 Yes, even old Warren sees something special in these companies. Although the energy sector was a little down in the dumps, Buffett was confident that it would bounce back. And his moves brought some hope to the markets!
Bonds: Bonds remained the favorite safe haven for those who prefer not to risk. They’re like hot chocolate on a cold night: always comforting. ☕📉
Commodities: Oil was having a week to forget, falling another 3%. What a run! Gold, on the other hand, was still unstoppable, rising another 0.4%. More and more investors and governments were looking to protect themselves with this shiny metal.
Currencies: The Japanese yen was in “nap mode”, weakening a bit more, while the dollar continued to be the “king of the party”. As for cryptocurrencies, the market was as volatile as ever, causing many to check their portfolios every five minutes. 😅💻
📅 August 2-3, 2024: Who Said Technology Was Dead? 🚀
Grab your popcorn, because technology is back on center stage! 🍿
Stocks: Google (aka Alphabet to its regular friends) released juicy updates on its AI projects. Result: its stock rose by 2%. Boom! 🚀 NVIDIA was not far behind and, with new contracts in its pocket, also rose by 1.5%. But beware, not everything is rosy. The energy sector remained in the shadows, with oil prices falling faster than a cancelled TV series. 😬
Bonds: Bonds maintained their zen aura and showed no major changes. They are like the friend who always keeps calm while everyone else is panicking. 🧘♂️
Commodities: Gold continued its triumphant rise, rising another 0.5%. All thanks to China, which decided to increase its gold reserves. Meanwhile, oil was struggling and lost another 1.2%. The poor commodity was having a rough week. 😅
Currencies: The dollar continued its triumphant march, while cryptocurrencies went into «roller coaster» mode. Bitcoin dropped 2%, reminding us all that in the crypto world, nothing is certain. 🎢
📅 August 1, 2024: The Financial Party Begins! 🎉
Welcome to August, boys and girls! The month started off like a roller coaster in the world of finance. 🌀 Ready for the ride?
Stocks: If stocks were characters in a series, the tech giants would be the protagonists. Although there was some tension at the beginning of the day, NVIDIA and Microsoft kept their cool. These companies are betting big on artificial intelligence (AI) and have no time for drama. Meanwhile, the rest of the tech market wobbled a bit as if it had left a slightly out-of-control party. 🎢
Bonds: Bonds are the financial equivalent of that calm friend who always has a plan. Amid the chaos, investors turned to them to seek some stability. US Treasury bonds gained some ground.
Raw Materials: Gold shined like Sauron’s one ring! ✨ It rose 0.7% because, you know, people see it as the safe haven when things get tough. Oil, on the other hand, had a bad day and fell 1%, as if it had tripped over its own feet.
Currencies: The dollar started the month on the right foot, in a “nobody can beat me” style, while the euro and yen seemed a little more timid. Cryptocurrencies, meanwhile, showed their typical unpredictable nature. Bitcoin stayed in pause mode, waiting to see where things would go.