The tastylive network

Opening Bell - December 24, 2024 - Bonds Drop While Bitcoin Sees Huge Holiday Surge


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The market opened with gains led by the Nasdaq up 64 points, Russell up six, and Dow up 10. A pair trading strategy involving Russell and Nasdaq was discussed, with Russell underperforming. MicroStrategy (MSTR) announced plans to increase its share count by 3,000% to invest in Bitcoin. Tesla saw price increases while losing premium. Bonds hit lows, and Bitcoin surged by $3,000. The session explored market volatility and sector performances, including bank stocks and tech giants.

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