October has been another interesting month across global markets — volatile, yet generally positive.

📉 Bond yields finally pulled back after months of pressure, with long-term rates dropping across the US, UK, Germany, and Japan. Investors started to believe central banks may be done tightening for now.

🏦 In the US, the Fed cut rates by 25bps and paused Quantitative Tightening — a move that boosted equities but also brought short-term volatility as Powell kept a cautious tone.

💷 In Europe, equities held up surprisingly well despite softer macro data. The $FTSE100 hit new highs, helped by the strong performance of pharma stocks like $AZN.

🇫🇷 Meanwhile, France saw renewed political instability after the Prime Minister’s sudden resignation, putting pressure on European indices and the euro.

🇯🇵 Over in Japan, optimism surged after Sanae Takaichi’s election victory, as investors welcomed her pro-stimulus economic stance. The $NIKKEI jumped, while the yen weakened further.

💡 Inflation remains sticky worldwide, and fiscal risks are still on the radar — but the overall sentiment shifted toward cautious optimism.

📊 My eToro performance update

Been a while since I wrote some stats, so here we go!

📈 May 2024: +7.9%

📈 June 2024: +0.5%

📉 July 2024: −0.4%

📈 August 2024: +0.4%

📈 September 2024: +2.4%

📈 October 2024: +0.5%

📈 November 2024: +3.10%

📉 December 2024: −0.66%

📈 January 2025: +4.35%

📈 February 2025: +0.95%

📉 March 2025: −4.4%

📈 April 2025: +3.68%

📈 May 2025: +13.32%

📈 June 2025: +6.35%

📈 July 2025: +6.06%

📈 August 2025: +2.04%

📈 September 2025: +6.87%

📈 October 2025: +1.67%

📈 2024: +4.75%

📈 2025: +48.69%

📈 Since joining eToro (1.5 years): +55.76%

📈 YTD: +49.80% — vs $SPX 📈 +17.00%

📈 YTD on another broker I use: +52.88%

(That doesn’t include $BTC (-2,29 %) or $ETH (-3,56 %) — I manage that through my own wallet — or the ETFs I hold in a PAC with the bank.)

Consistency, patience, and conviction always win in the long run.

Numbers are just the consequence. 💪📊

For daily real-time market insights, deep dives, and trading discussions, follow me on X: https://x.com/ThomasVioli

To copy my portfolio, strategies, and complete trade insights, you can follow me on eToro: https://www.eToro.com/people/farlys

It's the last day of the month, and the market is exploding higher, in a strong risk-onmove driven by a series of stellar earnings in the Tech sector. The day is dominated by impressive rallies, although key divergences remain.

🇺🇸 US Equities (Pre-market/Open)

$SPX500 — Futures are moving decidedly higher, driven by the Mega-Cap rally.

$DJ30 — Up, as positive sentiment spreads.

$NSDQ100 — In a strong rally, the index is being pulled higher by $AMZN$ and $GOOGL$.

💻 Tech & Growth Snapshot

$NVDA (+0,34 %) — In a solid rise, the stock is outperforming and leading the AI sector.

$GOOGL (-0,59 %) — Rallying strongly, the market reacts with euphoria to its earnings, pushing the stock higher.

$AVGO (-0,8 %) — Slightly down, counter-trending the sector, showing weakness.

$META (-2,93 %) — Up, the stock is recovering lost ground and joining the positive sentiment.

$MSFT (-1,6 %) — Slightly up, attempting a modest recovery along with the Nasdaq rally.

$TSM (-1,23 %) — Slightly up, showing resilience in the chip sector.

$RR. (+0,3 %) — Slightly down, the industrial/aerospace sector is weak.

$RKLB (+1,86 %) — Slightly up, showing cautious optimism in the new techspace.

$RGTI (+0 %) — Up, the quantum sector follows the speculative sentiment.

🛍️ Retail & Commerce

$AMZN (-3,45 %) — Exploding higher, the stock is dominating the market with an impressive rally, clearly following earnings that beat all expectations.

$BABA (-2,58 %) — Falling sharply, continuing its negative performance, crashing against the US tech trend.

$CVNA (-0,22 %) — Up, the stock is participating in the risk-onmove and recovering ground.

$SHOP (+0,09 %) — Stable, failing to benefit from the $AMZN rally.

⚕️ Health & Pharmaceutical

$LLY (+2,92 %) — Slightly down, the defensive Pharma sector is being sold as capital rotates into Tech.

$HIMS (+3,14 %) — Stable, awaiting catalysts.

$INSM (-2,66 %) — Stable, the biotech sector is flat.

🇪🇺 Europe & Industrials

STOXX 600 — Mixed, Europe is not fully participating in the US rally.

GER40 — Mixed/Slightly down, reflecting uncertainty.

$LDO (+0,92 %) — Slightly up, the defense sector shows some strength.

$IBE (+0,23 %) — Slightly up, utilities are stable/positive.

$OKLO — Stable, the nuclear stock is flat.

$CS (-4,08 %) — Down, the European financial sector is weak.

🏦 Banking & Finance

$UCG (+1,18 %) — Slightly up, the Italian banking sector is mixed.

$ISP (-2,32 %) — Slightly up, showing modest strength.

$BPE (+0,66 %) — Solidly up, continuing its outperformance and positive trend.

$CE (+0,29 %) Up, another strong performer in Italian banking.

$BBVA (+0,91 %) — Up, the Spanish bank is recovering ground.

$AXP (+1,78 %) — Slightly down, the payments sector is weak.

$V (-0,5 %) — Down, following the weakness in $AXP$.

🌏 Asia

$JPN225 / $KOSPI / $HK50 / $CHINA50 — Closed mixed/negative, weighed down by weakness in Chinese stocks ($BABA$).

💱 Forex

$DXY — The Dollar Index is stable/slightly down, reflecting the conflicting sentiment.

$EURUSD — Stable/Slightly upagainst a weaker Dollar.

$USDJPY — Stable.

💎 Commodities & Precious Metals

$GLD (-0,04 %) — Stable, gold is flat, not benefiting from the defensive sell-off or the tech risk-on.

$CDE (-2,12 %) — Stable, following gold.

$BRENT / $WTI — Down, oil is dropping due to demand fears (e.g., $BABA data).

💰 Crypto

$BTC (-2,29 %) / $ETH (-3,56 %) — Up, crypto is following the risk-onrally led by $AMZN and $GOOGL.

$TRX (-1,02 %) — Up, the altcoin sector is participating in the positive sentiment.

$CRO (-4,6 %) — Up, in line with the sector.

📈 Benchmark ETFs

$VOO (+0,19 %) / $VGT (+0,08 %) / $CNDX — The real sentiment is being pulled higher by their main components.

$BND (-0,06 %) — Stable, investors are also looking for safety in bonds.

🔎 Deep Dive: The Great Earnings Divergence

Today is the definition of a "stock market," not a "market of stocks." There is no single sentiment. Quarterly results are creating massive divergences:

1. The Winners: $AMZN (-3,45 %) and $GOOGL (-0,59 %) are on fire, saving the $NSDQ100 single-handedly.

2. The Losers: $BABA (-2,58 %) is collapsing, signaling weakness in Chinese and speculative retail.

3. The Isolated Strong:Italian banks ($BPE (+0,66 %) , $CE (+0,29 %) ) and $BBVA (+0,91 %) continue to outperform.

4. The Defensives:Gold ($GLD (-0,04 %) ) is flat, while Pharma ($LLY (+2,92 %) ) and European financials ($CS (-4,08 %)

) are weak.

Follow the Analysis:

For daily real-time market insights, deep dives, and trading discussions, follow me on X: https://x.com/ThomasVioli

To copy my portfolio, strategies, and complete trade insights, you can follow me on eToro: https://www.eToro.com/people/farlys

⚠️ Disclaimer:Past performance is not indicative of future results. Investing involves risks, including the loss of capital.

🇺🇸 US Equities (Pre-market/Early Trading)

$SPX500 — Indicating a sharp decline, as the collapse in major tech components weighs heavily on the index.

$DJ30 — Trading significantly lower, pulled down by the broad *risk-offsentiment.

$NSDQ100 — Falling sharply, dragged down by heavy losses in major tech names.

💻 Tech & Growth Snapshot

$NVDA (+0,34 %) — Down slightly, showing significant resilience and holding up well compared to the broader tech wreck.

$GOOGL (-0,59 %) — Surging dramatically higher, completely defying the market sell-off, likely on a stellar earnings report.

$AVGO (-0,8 %) — Up moderately, showing strong relative strength in the semiconductor sector.$META (-2,93 %) — Collapsing, in a sharp sell-off likely due to a major earnings miss.

$MSFT (-1,6 %) — Falling sharply, a massive drop indicating a very negative reaction to its earnings, pulling the $SPX500$ down.

$QBTS (+2,62 %) Not shown, but likely down significantly*in this *risk-offenvironment for speculative tech.

$RGTI (+0 %) — Down moderately, following the negative sentiment in speculative tech.

$TSM (-1,23 %) — Down slightly, giving back some recent gains.

$RR. (+0,3 %) — Down moderately, the industrial/aerospace sector is weak.

$RKLB (+1,86 %) — Up slightly, showing some resilience in the space sector.

🛍️ Retail & Commerce

$AMZN (-3,45 %) — Down moderately, reflecting weakness in consumer-focused tech.

$BABA (-2,58 %) — Down moderately, under pressure alongside other Chinese and e-commerce stocks.

$CVNA (-0,22 %) — Falling sharply, continuing its pattern of high volatility and weakness.

$SHOP (+0,09 %) — Down moderately, indicating pressure on e-commerce platforms.

⚕️ Health & Pharmaceutical

$LLY (+2,92 %) — Likely flat or slightly down, as investors rotate out of defensive names or brace for the downturn.

$HIMS (+3,14 %) — Holding steady, showing no significant price change.

$INSM (-2,66 %) — Flat, the biotech sector remains cautious.

🇪🇺 Europe & Industrials

STOXX 600 — Trading lower, struggling as the US tech crash impacts global sentiment.

GER40 — Trading cautiously lower, reflecting the uncertain global sentiment.

$LDO (+0,92 %) — Down moderately, suggesting pressure on the defense sector.

$IBE (+0,23 %) — Down slightly, utilities are also facing some selling pressure.

$OKLO Down moderately, indicating profit-taking in the nuclear technology space.

$CS (-4,08 %) — Down moderately, reflecting broader caution across parts of the European financial sector.

🏦 Banking & Finance

$UCG (+1,18 %) — Down moderately, following the negative trend in European financials.

$ISP (-2,32 %) — Down slightly, showing some weakness.

$BPE (+0,66 %) — Making moderate gains, continuing its strong counter-trend rally.

$CE (+0,29 %) — Up slightly, joining the isolated strength in Italian mid-cap banks.

$BBVA (+0,91 %) — Falling sharply, showing significant weakness and vulnerability.

$AXP (+1,78 %) — Down moderately, reflecting caution in the payments sector.

$V (-0,5 %) — Down slightly, mirroring the hesitation seen in other payment stocks.

🌏 Asia

$JPN225 / $KOSPI / $HK50 / $CHINA50 — Likely closed mixed to negative*as the US tech crash sentiment spread.

💱 Forex

$DXY — The Dollar Index is likely trading higher*as investors flee to safety (cash).

$EURUSD — Likely edging lower*against a stronger Dollar.

$USDJPY — Likely trading higher*reflecting the strong Dollar.

💎 Commodities & Precious Metals

$GLD (-0,04 %) — Holding steady, pausing as investors prefer the $DXY$ as the primary safe haven over gold.

$CDE (-2,12 %) — Flat, mirroring gold's lack of direction.

$BRENT / $WTI (W&T Offshore Inc) — Likely trading down*as growth concerns spike, tempering demand outlook.

💰 Crypto

$BTC (-2,29 %) / $ETH (-3,56 %) — Likely experiencing significant downward pressure, following the Nasdaq crash.

$TRX (-1,02 %) — Holding steady, though the broader crypto market is likely weak.

$CRO (-4,6 %) — Likely tracking the negative trend in crypto.

📈 Benchmark ETFs

$VOO (+0,19 %)
$VGT (+0,08 %)
$CNDX — Holding steady (0.00%) in the image, likely reflecting a pre-market halt or lag, but they are clearly heading for a sharp drop*based on their components.

$BND (-0,06 %) — Flat, as bond yields likely fall (prices rise) during the flight to safety.

🔎 Deep Dive: The Great Tech Divergence

Today's story is a brutal earnings-driven divergence. The market is split in two: $MSFT (-1,6 %) and $META (-2,93 %) are collapsing, pulling the entire $SPX500 and risk-onsentiment down with them. Retail stocks like $BABA and $AMZN are falling in sympathy.

However, $GOOGL (-0,59 %) is surging dramatically, completely disconnecting from the sector on what must be a stellar earnings report. This divergence shows the market is differentiating between AI narratives: $NVDA (+0,34 %) is also holding up remarkably well (down only slightly), while other tech ($TSM (-1,23 %) , $AVGO (-0,8 %) ) is mixed.

Away from tech, Italian banks ($BPE (+0,66 %)) continue their isolated rally, but the overall mood is clearly *risk-off*.

Follow the Analysis:

For daily real-time market insights, *deep dives*, and trading discussions, follow me on X: https://x.com/ThomasVioli

To copy my portfolio, strategies, and complete trade insights, you can follow me on eToro: https://www.eToro.com/people/farlys

⚠️ Disclaimer:*Past performance is not indicative of future results. Investing involves risks, including the loss of capital.

Global markets are moving in rhythm with politics again. The recent Trump–Xi meeting in South Korea aimed at easing tariff tensions could be the start of calmer waters after months of volatility. Those tariffs triggered some of the worst crypto drawdowns this year, like the Oct. 10 crash that saw $BTC (-2,29 %) tumble from $121K to below $103K.

The Fed’s recent 25 bps rate cut to 3.75–4.00% added another layer, showing how monetary and trade policies now ripple through digital markets faster than ever.

Yet, amid the noise, $ETH (-3,56 %) continues to demonstrate quiet resilience. Record-high transactions, all-time active addresses, and low gas fees, signs of organic growth beneath the surface.

Meanwhile, innovation hasn’t slowed. $EAT (-0,7 %) by 375ai is redefining the link between AI and DePIN, bringing real-world utility to blockchain infrastructure. I caught the move early on #bingx, closing a 52.92% gain on my EATUSDT Short (20×), proof that preparation often matters more than prediction.

From Washington to Seoul to the blockchain frontier, one thing remains clear, policy, psychology, and innovation are converging.

The question is: are we merely reacting to the market, or quietly reading the signals before they unfold?

#etfs
#crypto
#tech

• 🧬 ASM International — Technologie / Semi-conducteurs $ASM (-0,3 %)
• 
  🪙 iShares Physical Gold ETC — Métaux précieux / Couverture $IGLN (-0,18 %)
• 
  💻 iShares NASDAQ 100 ETF — Indice US / Croissance $CSNDX (+0,01 %)
• 
  🧠 Atoss Software — Logiciels / SaaS $AOF (-3,87 %)
• 
  🇪🇺 Amundi EURO STOXX 50 II ETF — Indice européen / Stabilité $MSE (-0,47 %)
• 
  🌍 Vanguard FTSE All-World High Dividend Yield ETF D — Dividendes mondiaux $VHYL (+0,11 %)
• 
  ₿ Bitcoin — Crypto / Diversification $BTC (-2,29 %)
• 
  🧩 Ethereum — Crypto / Innovation & Web3 $ETH (-3,56 %)
• 
  📊 S&P Global (SPGI) — Données financières / Notation / Indices $SPGI (-0,18 %)

Significant news is rippling through the digital asset world today, originating from Germany's political landscape. Reports confirm that the Alternative für Deutschland (AfD), currently the nation's second-largest political force, has formally submitted a parliamentary motion. The proposal? For Germany to establish a national reserve held in Bitcoin ($BTC (-2,29 %)).

This move comes amidst a broader global discussion about the role of digital assets in national treasuries, a topic gaining traction since El Salvador's pioneering adoption.

🤔 Deeper Dive: Why This Proposal Resonates (Even If Unlikely Now)

While it's crucial to stress this is merely a proposal by one party and faces immense political and regulatory hurdles before ever becoming reality, its introduction is noteworthy for several key reasons:

1. Major Institutional Signal: Having a prominent political party within a G7 nation ($GER40) table a formal motion to hold Bitcoin is a powerful signal. It elevates the conversation beyond corporate treasuries (like $MSTR) and into the realm of national economic strategy, suggesting Bitcoin is being considered, at least by some factions, as a potential hedge or diversification tool at the sovereign level.

2. Potential Legitimacy Catalyst: Should this motion gain unexpected political momentum or even just spark widespread debate within the Bundestag, it could significantly enhance Bitcoin's perceived legitimacy. Validation, even in discussion form, from a major European economy could influence how traditional finance, regulators, and other governments view $BTC as a potential reserve asset, potentially accelerating broader acceptance.

3. Driving the State Adoption Narrative: This development feeds directly into the long-term narrative of nation-state Bitcoin adoption. While El Salvador provided the first example, Germany's scale and influence in the EU make this proposal, even if symbolic for now, far more impactful. It raises questions about reserve diversification, potential geopolitical shifts, and the future role of non-state monetary assets.

4. Reflecting Shifting Views on Currency: The proposal implicitly touches upon growing concerns regarding traditional fiat currencies, inflation, and the existing monetary system. Proposing Bitcoin as a reserve suggests a search for alternatives or hedges against potential systemic risks within the established financial order.

🚧 Hurdles and Skepticism Remain High

It's essential to maintain perspective. This motion faces significant challenges:

Political Opposition: The AfD's proposal is likely to face strong resistance from other major political parties in Germany.

Regulatory Landscape: The EU's complex regulatory environment (MiCA) and the European Central Bank's (ECB) stance on crypto pose substantial hurdles.

Volatility & Practicality: Concerns about Bitcoin's price volatility, custody solutions for national reserves, and the ongoing ESG debate surrounding mining energy consumption are major practical and political obstacles.

📈 Potential Market & Sentiment Impact

While the immediate, direct market impact of *this motionis likely limited, news of this nature often provides a short-term sentiment boost for Bitcoin ($BTC (-2,29 %)) and the broader crypto market ($ETH (-3,56 %) , $TRX (-1,02 %)). It reinforces the "digital gold" narrative and excites proponents of institutional and sovereign adoption.

The true significance lies less in the immediate price action and more in the long-term implications – the fact that holding Bitcoin as a national reserve is now being formally debated within a major global economy. We will need to closely monitor the political discussions and reactions surrounding this proposal in Germany.

Follow the Analysis:

For daily real-time market insights, *deep dives*, and trading discussions, follow me on X: https://x.com/ThomasVioli

To copy my portfolio, strategies, and complete trade insights, you can follow me on eToro: https://www.eToro.com/people/farlys

⚠️ Disclaimer: Past performance is not indicative of future results. Investing involves risks, including the loss of capital. This post is for informational purposes only and does not constitute political endorsement or investment advice.

Markets are displaying a mixed and cautious tonetoday, struggling to sustain the post-FOMC optimism. While the Fed's dovish signals offer support, earnings reports and sector-specific dynamics are creating significant divergence across the board.

🇺🇸 US Equities (Pre-market/Early Trading)

$SPX500 — Futures suggest a hesitant start, leaning slightly negative as tech weakness offsets gains elsewhere.

$DJ30 — Trading sideways, lacking clear direction amid ongoing sector rotation.

$NSDQ100 — Showing noticeable pressure, pulled down by declines in several major tech components.

💻 Tech & Growth Snapshot

$NVDA (+0,34 %) — Surging significantly higher, clearly outperforming the market and reinforcing its leadership in the AI space.

$GOOGL (-0,59 %) — Trading moderately higher, participating in some tech strength but lagging behind leaders like NVDA.

$AVGO (-0,8 %) — Experiencing a slight pullback, indicating mixed sentiment within the semiconductor sector.

$META (-2,93 %) — Essentially flat, hovering around the previous close with little momentum.

$MSFT (-1,6 %) — Trading sideways, showing stability but lacking strong buying interest.

$QBTS (+2,62 %) — Likely pulling back sharply, mirroring the negative trend in other speculative quantum names.

$RGTI (+0 %) — Undergoing a significant correction, suggesting sharp profit-taking is hitting the quantum computing sector.

$TSM (-1,23 %) — Climbing steadily higher, demonstrating notable resilience and strength within the chip industry.

$$RR. (+0,3 %) — Edging slightly lower, reflecting a cautious stance in the industrial and aerospace sector.

$RKLB (+1,86 %) — Showing modest gains, indicating some investor interest in the space exploration theme.

🛍️ Retail & Commerce

$AMZN (-3,45 %) — Drifting slightly lower, reflecting caution surrounding consumer-focused tech giants.

$BABA (-2,58 %) — Falling sharply, significantly underperforming due to persistent pressures on Chinese equities.

$CVNA (-0,22 %) — Experiencing a minor dip, continuing its recent pattern of weakness.

$SHOP (+0,09 %) — Trading moderately lower, indicating pressure on e-commerce enablement platforms.

⚕️ Health & Pharmaceutical

$LLY (+2,92 %) — Likely trading slightly down or flat, as investors rotate out of defensive pharma names.

$HIMS (+3,14 %) — Holding steady, showing no significant price change.

$INSM (-2,66 %) — Flat, the biotech sector remains cautious.

🇪🇺 Europe & Industrials

STOXX 600 — Mixed performance, struggling to maintain direction as different sectors diverge.

GER40 — Trading cautiously, reflecting the uncertain global sentiment.

$LDO (+0,92 %) — Experiencing moderate declines, suggesting pressure on the defense sector.

$IBE (+0,23 %) — Showing slight gains, with utilities attracting some buying interest as a defensive play.

$OKLO — Pulling back moderately, indicating profit-taking in the nuclear technology space.

$CS (-4,08 %) — Trading moderately lower, reflecting broader caution across parts of the European financial sector.

🏦 Banking & Finance

$UCG (+1,18 %) — Making solid gains, clearly participating in the positive Italian banking trend.

$ISP (-2,32 %) — Climbing strongly higher, another standout performer among Italian banks today.

$BPE (+0,66 %) — Surging dramatically higher, a standout rally significantly outpacing the market.

$CE (+0,29 %) Registering strong gains, joining the broader surge in Italian banks.

$BBVA (+0,91 %) — Advancing solidly, the Spanish bank continues its upward trajectory.

$AXP (+1,78 %) — Edging slightly lower, reflecting caution in the payments sector ahead of data/earnings.

$V (-0,5 %) — Experiencing a minor dip, mirroring the hesitation seen in other payment stocks.

🌏 Asia

$JPN225 / $KOSPI / $HK50 / $CHINA50$ — Likely closed mixed to positive, carrying over optimism from the prior session.

💱 Forex

$DXY — The Dollar Index is trading mixed to slightly firmeras overall risk appetite fades somewhat.

$EURUSD — Likely edging loweragainst a relatively stable Dollar.

$USDJPY — Likely trading slightly higherreflecting cautious sentiment.

💎 Commodities & Precious Metals

$GLD (-0,04 %) — Holding steady, pausing after recent significant moves as markets digest Fed comments.

$CDE (-2,12 %) — Flat, mirroring gold's lack of direction.

$BRENT / $WTI — Likely trading mixed or slightly downas growth concerns temper demand outlook.

💰 Crypto

$BTC (-2,29 %) / $ETH (-3,56 %) — Likely experiencing downward pressure, following the weakness in the Nasdaq and broader tech sentiment.

$TRX (-1,02 %) — Holding steady, showing little movement.

$CRO (-4,6 %) — Not shown, likely tracking the mixed/negative trend in crypto.

📈 Benchmark ETFs

$VOO (+0,19 %) / $VG / $CNDX — Likely trading flat or slightly down, reflecting the mixed and cautious market action.

$BND (-0,06 %) — Likely holding steady or slightly upas bond yields stabilize.

🔎 Deep Dive: Market Divergence Post-FOMC

The initial excitement after the Fed's dovish comments has waned, revealing a highly fragmented market. While potential rate stability provides underlying support, company earnings and sector rotation are the main performance drivers today. Tech shows a clear split: leaders like $NVDA (+0,34 %) and $TSM (-1,23 %) power ahead, while others including $META (-2,93 %) , $BABA (-2,58 %) , and speculative names like $RGT face significant selling. European banks, particularly Italian ones ($UCG (+1,18 %)
$ISP (-2,32 %)
$BPE (+0,66 %) ) along with $BBVA (+0,91 %) , display remarkable strength, contrasting sharply with the caution seen in US payments ($AXP (+1,78 %) , $V (-0,5 %) ). Gold ($GLD (-0,04 %) ) is pausing, suggesting investors are neither fully embracing risk nor rushing to safety, but rather becoming highly selective.

Follow the Analysis:

For daily real-time market insights, deep dives, and trading discussions, follow me on X: https://x.com/ThomasVioli

To copy my portfolio, strategies, and complete trade insights, you can follow me on eToro: https://www.eToro.com/people/farlys]

⚠️ Disclaimer:Past performance is not indicative of future results. Investing involves risks, including the loss of capital.

Markets open the day with cautious optimism, easing fears related to trade and inflation. Attention is focused on today's FOMC meeting and upcoming Big Tech earnings. The sentiment is generally *Risk-On*, but tempered by selective selling.

🇺🇸 US Equities (Pre-market)

$SPX500 — Futures are moving slightly higher, buoyed by easing geopolitical risks and below-expectation inflation data.

$DJ30 — Mixed/Stable, sentiment is cautious ahead of the Fed.

$NSDQ100 — Up, the Tech sector is the main beneficiary of a potential Fed pivot.

💻 Tech & Growth Snapshot

$NVDA (+0,34 %) — Up, AI stocks benefit from relief over the US-China trade deal hopes.

$GOOGL (-0,59 %) — Up, the Tech sector is leading.

$AVGO (-0,8 %) — Up, the semiconductor complex is solid thanks to easing trade tension prospects.

$META (-2,93 %) — Up, well-positioned for the earnings season.

$MSFT (-1,6 %) — Up, the stock benefits from Tech enthusiasm.

$QBTS (+2,62 %) — Up, *new techstocks attempt to recover from the correction.

$RGTI (+0 %) — Up, following the recovery in speculative sentiment.

$TSM (-1,23 %) — Solidly up, chip optimism is supported.

$RR. (+0,3 %) — Up, the Industrial/Aerospace sector shows strength.

$RKLB (+1,86 %) — Down slightly, experiencing profit-taking among aerospace *growthstocks.

🛍️ Retail & Commerce

$AMZN (-3,45 %) — Up, driven by *Risk-Onand Tech.

$BABA (-2,58 %) — Down, the Chinese stock faces profit-taking despite US-China trade deal hopes.

$CVNA (-0,22 %) — Up, the stock follows the trend.

$SHOP (+0,09 %) — Solid rise, retail tech is recovering.

⚕️ Health & Pharmaceutical

$LLY (+2,92 %) — Down slightly, the defensive Pharma sector sees mild profit-taking due to the *Risk-Onshift.

$HIMS (+3,14 %) — Up, in line with the general mood.

$INSM (-2,66 %) — Up, the biotech sector participates in the rally.

🇪🇺 Europe & Industrials

STOXX 600 — Decidedly positive*open, driven by macro hopes and rising yields.

GER40 — Solid rise, the German market is strong.

$LDO (+0,92 %) — Up, the defense sector is mixed/positive.

$IBE (+0,23 %) — Mixed/Slightly down, defensive *utilitiestend to lag in a *Risk-Onenvironment.

$OKLO — Up, nuclear *new techfollows the rally.

$$CS (-4,08 %) — Stable/Mixed, the European financial sector is cautious despite the *Risk-Onmood.

🏦 Banking & Finance

$$UCG (+1,18 %)
$ISP (-2,32 %) — Up, banks capitalize on rising bond yields.

$$BAMI (+0,44 %)
$CE (+0,29 %) , $BPE (+0,66 %) — Up, financial stocks are positive.

$$BBVA (+0,91 %) — Up slightly, showing relative strength compared to the broader cautious tone in European financials.

$AXP (+1,78 %) — Down slightly, the payments sector sees profit-taking ahead of consumer data.

$V (-0,5 %) — Up, payment services benefit from consumer confidence.

🌏 Asia

$JPN225 — Close with a solid rise, extending gains.

$KOSPI — Close up, Korean tech pushes the index higher.

$HK50 — Up, Asian stocks are supported by trade deal hopes.

$CHINA50 — Up, sentiment is positive.

💱 Forex

$DXY — The Dollar Index is moving sideways, awaiting the Fed meeting.

$EURUSD — Stable, in a narrow range.

$USDJPY — Up, the Dollar gains ground against the Yen.

💎 Commodities & Precious Metals

$GLD (-0,04 %) — Down, gold is under pressure due to *Risk-Onand lower haven demand.

$CDE (-2,12 %) — Down, following the gold correction.

$BRENT / $WTI — Up, oil is firmer thanks to easing macro risks.

💰 Crypto

$BTC (-2,29 %) / $ETH (-3,56 %) — Up, cryptocurrencies strengthen on *Risk-Onsentiment and contained CPI optimism.

$TRX (-1,02 %) — Up, the altcoin sector is positive.

$CRO — Up, the altcoin sector is positive.

🔎 Deep Dive: FOMC and Trade Deal in Focus

The day is driven by two main themes: anticipation of the FOMC meeting outcome, where the market bets on a dovish stance, and reports of a potential US-China trade deal*suspending tariffs, a key catalyst for the tech sector. Selective weakness in names like $BABA and $AXP suggests investors are taking profits on stocks exposed to uncertain macro data before key events. The rotation is clear: Tech ($NVDA, $GOOGL) is leading, while defensive sectors ($LLY, $IBE.MC) retreat.

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⚠️ Disclaimer: Past performance is not indicative of future results. Investing involves risks, including the loss of capital.