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Dow cracks 30,000!

In a historic day for the stock market, the Dow Jones reached 30,000 for the first time. Cryptocurrencies continue to soar, this time led by XRP from Ripple, which has risen 50% in 24 hours.

Tesla buys $1.5 billion Bitcoin

Bitcoin soared over 15% to reach a fresh record high over $44,000 after its was revealed Tesla has invested $1.5 billion of its cash reserves into the cryptocurrency. Japan’s Nikkei 225 index reached its highest in 30 years.

Tesla +1000% in 13 months

The dollar lifted from two-and-half year lows and the Dow Jones closed at a fresh record high after the November jobs report missed expectations. Tesla stock struck $600 afterhours for the first time, rising 1000% in 13 months.

Options Tech Wreck!!

A bearish shift in options markets for mega cap tech shook up the underlying stocks, handing out big losses to the likes of Apple, Tesla and Zoom. EUR/USD fell below 1.18 but ended off its lows.

Short squeeze spills over to indices

US and European indices ended lower with rising uncertainty over the vaccine rollout and earnings. The Nasdaq fell nearly 3%. Apple and Facebook topped estimates while Tesla missed. The most-shorted stocks continue to see meteoric gains.

Bitcoin hits 40k, Dow 31k

The price of Bitcoin exploded higher again reaching over 40,000 before entering a volatile correction. All the US major averages all hit a record high with the Dow striking 31,000 for the first time.

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