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Wall Street Breakfast

Market drifting higher, punctuated by dramatic tech earnings

Fri, 06 Dec 2024

Description

Market drifts higher punctuated by dramatic tech stories (0:35). Mag 7 resurgence (3:30). The catalyst that took Bitcoin past $100,000 and what may be coming (5:15). Bifurcation between tech stocks and blue chippers (8:00). Jobs, Fed, rates, and earnings (9:40) Black Friday and retail numbers (13:25).Episode transcripts: seekingalpha.com/wsbShow links: November nonfarm payrolls rebound from October's storms, strike; unemployment touches 4.2%Bitcoin to reach 200k, propelled by institutional flows and ETFsBitcoin hits $100K after Trump picks pro-crypto SEC headSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.

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