It’s going to be a big week for US economic data, which could push long-term rates towards 5%, especially if the data comes in stronger than expected. If the data broadly aligns with expectations, it could increase US 10-year and 30-year yields.

More than $19 trillion in transactions settled over the Bitcoin network in 2024 — more than double the $8.7 trillion settled over the network in 2023 — reversing two years of declining transaction volume since 2021.

Given that the latest fad, quantum computing, has taken the world by storm, I researched what the pure quantum plays were. These stocks were virtually unknown and barely-ever-traded just a few weeks ago.

The US dollar rallied against the Mexican peso during the previous week, but it has since given back some of the gains. I will continue to focus on the MXN21 level. A break above this level could open up the possibility for a huge move higher.

Both INLIF and OneConstruction Group opened for trading this week. The Chinese producer of industrial manipulator arms for injection molding raised $8 million, while the Hong Kong-based structural steelwork contractor raised $7 million.

Stock market breadth has deteriorated in way rarely seen before as money flows mainly into a handful of the most popular big tech stocks.