Before we dive in: I’m running a 1 week sale until Saturday October 17.
Paid subscribers see every stock I buy, my buy levels and the trades I share each week in the chat.
Right now that’s €96.60 instead of €138, plus my €99 Bitcoin trading system for free.
Happy Monday all!
If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
- Bitcoin reclaims the $84,000 level.
- Michael Saylor hints at buying more Bitcoin, saying there’s always room for more orange.
- Strive CEO hints at buying more Bitcoin with the message “Think bigger.”
- South Korea’s Jeonbuk Bank starts offering Bitcoin-backed loans.
- U.S. Treasury Secretary Scott Bessent says the U.S. will continue to pressure Iran by seizing cryptocurrencies and tightening the naval blockade.
- The People’s Bank of China added 740,000 ounces of gold to its reserves in September, extending its buying streak to 23 consecutive months.
- President Donald Trump announced that Russia and Ukraine agreed to an immediate ceasefire on energy infrastructure attacks, though Ukrainian President Volodymyr Zelensky said he was unaware of any such agreement.
- The average stock in the S&P 500 is at its lowest level relative to the cap-weighted index since November 2002 as mega-cap dominance continues.
- After an early 2026 decline, the S&P 500 is now up 15% year-to-date, more than double the typical year at this point.
- U.S. 10-year Treasury yields stand at their highest nominal levels since 2002 at 5.31%, with real yields the highest since 2008.
- AI-related stocks are booming while credit spreads for the weakest U.S. companies have widened to 12.52%, the highest in nearly four years.
- 30-year inflation-protected Treasury bonds offer a 3.37% yield above inflation, the highest real yield in over 20 years.
- Bank of America reports Wednesday before the open, with expectations of $31.2 billion in revenue and $1.17 EPS.
- Goldman Sachs reports Tuesday before the open, expected to post $17.42 billion in revenue and $15.39 EPS.
- UnitedHealth Group reports Tuesday before the open, with street estimates of $111.49 billion in revenue and $4.15 adjusted EPS.
- ASML reports Wednesday before the open, expected to deliver €11.66 billion in revenue and €10.58 EPS.
- JPMorgan Chase reports Tuesday before the open, with expectations of $50.85 billion in revenue and $5.86 EPS.
- The IMF says tokenized stocks are less liquid and more volatile than traditional stocks.
📊 Altcoin Market Updates 📊
- XRP spot ETFs saw net inflows of $11.31 million last week.
- Tom Lee predicts Ethereum will surpass $5,000 by the end of this year.
- Bitfinex Ethereum longs reach their highest level in over four years.
- The Hoodog team burned 5% of its supply, activated buybacks funded by developer rewards, and surpassed 500 holders with nearly $1 million in volume in under 24 hours.
- Tart gains traction on BNB Chain with $2.5 million in high-APR farming and liquidity pools, a $13.5 million market cap, and an $18 million all-time high.
If you enjoyed this daily roundup, make sure to follow me, I'll see you tomorrow!
$BTC $SPY $QQQ $OIL $SMH
Written by Timothy Assi, an Elite Popular Investor on eToro.
Not investment advice. eToro is a multi-asset investment platform. Your capital is at risk. For information and educational purposes only.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
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