Just a few charts to highlight the shallow selloff and subsequent strength we’ve witnessed over the past month with respect to precious metals; silver in particular had a banner day on Wednesday:

The Dow Jones Industrial Average rose to fresh heights on Wednesday, extending its winning streak as optimism built around a potential resolution to the record-breaking US government shutdown.

Wall Street sees Q4 EPS $1.02, revenue $22.78B.

It was a relatively subdued trading session, with the indexes finishing near flat.

In 2024, FFO grew 66% to $331 million. Over the past three years, it has grown by an average of 17% per year. That’s exceptional.

The Bitcoin ETF (IBIT), has had a tremendous run since its inception, but lately, it has started to show some signs of weakness.

The U.S. Dollar remains under pressure as investors tilt into a risk-on stance ahead of an expected vote to re-fund the US government on a short-term basis.

The company’s annual dividend is $2.04 per share. At its recent share price, the stock has a high yield of 15%.

Markets finished massively unchanged today. 

Energy and Financials continue to anchor the deep-value landscape in this week’s screen.

A widely-followed consumer sentiment index just hit its second-worst level on record.

No October CPI release, well then we’ll have to use Cleveland Fed nowcasts (as well as for PCE deflator for September and October).

Bitcoin is still in harvesting mode, with the big market players shoving the price back and forth in a fairly well-defined trading range.

The oil markets had a negative day today.

With competition heating up in the semiconductor and artificial-intelligence arenas, Nvidia may invite greater scrutiny this time around.

Cisco Systems came out with quarterly earnings of $1 per share.

The Dow stayed hot today, adding 326 points for a second-straight record close.

Gold has already recovered noticeably since the beginning of the consolidation. The counter-movement in Silver was even better – and, as expected, significantly more volatile.

Today, large volumes of short-term put options in Advanced Micro Devices stock imply that it might be overvalued. But a closer look at its strong free cash flow (FCF) and FCF margins could lead to a higher price target over the next year.

MSTR stock drops 60% as Bitcoin's decline impacts Strategy's valuation and mNAV approaches 1x, raising concerns over future moves.