SPX This was a pullback to the daily 8 Min MA. There is no fundamental reason for the price to close with buyers pushing into the 8MA, rather than reject... like it did off the 10MA on Friday. This was political algo pumping today... they still want to blame the correction on Trump and are doing what they can to hold it off until he is in office.
SPX500 after a hell of a roller coaster ride, price is about close to filling the wick on the Daily. Caught a few long scalps on the way up.thx to 4hr FVG...in a long trade now ..tp 5985 with a trailing stop...in the near future looking for short trades to fill 4 hr gap .longs still present focus..
SPX - 100% price extension of the prior move - time to be cautious , greed is high in the marker. some stocks topping out and exhibiting head and shoulder tops. speculative assets frothy. all the ingredients re here - time to protect https://capital.https://www.tradingview.com/x/3YIJ7bWo/
BTCUSDT MicroStrategy increased its holdings of 5,262 bitcoins at an average price of $106,662 for approximately $561 million. As of December 22, 2024, MicroStrategy holds 444,262 BTC at an average cost of $62,257, with a total cost of approximately $27.7 billion.
ACN Accenture reported a 9% year-over-year revenue increase, reaching $17.7 billion, exceeding expectations by $0.6 billion. Earnings per share (EPS) came in at $3.59, beating estimates by $0.20. New bookings rose by 1% to $18.7 billion, while generative AI contributed $1.2 billion, up from $1.0 billion in the previous quarter, highlighting its growing role in client transformation efforts.
The company raised its FY25 revenue growth forecast to 4%–7%, up from the prior 3%–6%, driven by robust growth across consulting and managed services. Although EPS guidance was slightly lowered, Accenture remains committed to AI-focused investments, expanding its data and AI team to 69,000, with plans to reach 80,000 by FY26. Management emphasized strong client demand for large-scale transformations, solidifying Accenture’s role as a key partner in driving reinvention and AI integration.