Pressure is mounting for Biden to quite the election race | MarketTalk: What’s up today?| Swissquote

TSM announced better-than-expected quarterly results and lifted its growth projections for this year’s revenue. Good news helped limiting the previous day selloff in chip stocks yesterday but couldn’t prevent the S&P500 and Nasdaq 100 from closing Thursday’s session with losses. Week brings a lot of questions regarding the remaining potential of the AI rally…
In politics, Biden is under an unbearable pressure to leave the presidential race because he is too old. Many Democratic heavy weights are now turning their back against the President. Even Barrack Obama said he should consider stepping down. And there are rumours that he could throw in the towel as early as this weekend. If that happens, we could see the Trump trade gain further momentum.
Some ask how long this Trump trade will last. The answer is a few weeks, maybe a few months, time to give the non-tech pockets of the market to catch their breath and the tech to correct following a breathtaking year-and-a-half rally. But in fine, factors like the Federal Reserve (Fed) and other central banks’ policy decisions, the international trade tensions, the global growth prospects, China, climate and idiosyncratic factors like AI should say the last word on the overall direction of the global stock markets.
Watch the full episode to find out more!
0:00 Intro
0:00 TSM beats but tech sentiment remains mixed
0:00 Biden could quit the presidential race
0:00 Thoughts on European, US stocks
0:00 Netflix beats but Q3 forecast disappoints
Ipek Ozkardeskaya has begun her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked at HSBC Private Bank in Geneva in relation to high and ultra-high net worth clients. In 2012, she started as FX Strategist at Swissquote Bank. She worked as a Senior Market Analyst in London Capital Group in London and in Shanghai. She returned to Swissquote Bank as Senior Analyst in 2020.
#Biden #Trump #trade #chips #earnings #TSM #Netflix #ECB #decision #EUR #Bitcoin #SXXP
#SPX #Dow #Nasdaq #investing #trading #equities #stocks #cryptocurrencies #FX #bonds #markets #news
#Swissquote #MarketTalk #marketanalysis #marketcommentary
_____
Learn the fundamentals of trading at your own pace with Swissquote's Education Center. Discover our online courses, webinars and eBooks: swq.ch/wr
_____
Discover our brand and philosophy: swq.ch/wq
Learn more about our employees: swq.ch/d5
_____
Let's stay connected:
LinkedIn: swq.ch/cH

[@efrenmariscal]

Thanks Ipek, for your daily. Regards,

[@ipekozkardeskaya1383]

Cheers 🙏🏻🙏🏻

[@johnnycomelately6341]

Hi Ipek and thank you. I'm speechless so Happy Friday and weekend. Onwards for next week.

[@ipekozkardeskaya1383]

Hey :) have a nice one as well ! What left you speechless ?

[@johnnycomelately6341]

@@ipekozkardeskaya1383 generally what you talk about creates questions for me, but today it is all information, so I absorb it with anticipation for next week. So thank you for all your work gathering and deciphering Ipek.

[@ipekozkardeskaya1383]

@@johnnycomelately6341😊 have a good one too !

[@roddscherw]

Very valuable. Thx

[@ipekozkardeskaya1383]

Thank you 🙏🏻🙏🏻

[@samthedoor]

I'm not sure if they replace Biden with Harris for example, that it will make any difference other than some entertainment for a little while. I grew up as a child watching Hulk Hogan, he was incredible to watch last night haha. Yeah, right now I wouldn't touch the chips but maybe in September or October there may be a good entry point to go long. The market including the Russel isn't looking so great today. Crowdstrike almost destroyed the world today, heard it from my friend at his workplace lol

[@ipekozkardeskaya1383]

Yes it was a disaster yesterday, it will boost the prices of cybersecurity companies :) And yes I don’t know for democrats - they probably waited too long … let’s see, it will be fun !

[@samthedoor]

@@ipekozkardeskaya1383 the thing too about CRWD is until we know the extent of the damage, it's dangerous to buy the dip. Because I thought this problem could last days and then we won't know the total damages that they will owe to companies.

[@ipekozkardeskaya1383]

@@samthedooryep…

[@kevinluka6219]

Thank you for the content!! All we need is the right advice on how to invest in crypto and we will be set for life, made $68,000 profit from trading last month regardless of how bad it gets on the economy

[@kevinluka6219]

Ashley Anderson's crypto knowledge is like a secret recipe for success

[@ChelseaGreen-mz8oy]

YES!!! that's exactly her name (Mrs Ashley Anderson) So many people have recommended highly about her and I'm just starting with her from Brisbane Australia🇦🇺

[@Amelia1sq]

Same here I believe the Bitcoin ETF approval will be a life-changing opportunity for us, with my current portfolio of $108,000 from my investment with my financial advisor< Ashley Anderson>I agree with you

[@kevinluka6219]

She's on tele grams

[@kevinluka6219]

@Anderash That's her user name