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According to the U.S. Commodity Futures Trading Commission (CFTC), as of the week ending December 9, crude oil speculators reduced their net short positions in WTI crude oil by 38,888 contracts to 12,038 contracts.According to the U.S. Commodity Futures Trading Commission (CFTC), in the week ending December 9, COMEX gold speculators increased their net long positions by 4,829 contracts to 124,637 contracts. COMEX silver speculators increased their net long positions by 6,724 contracts to 27,978 contracts.December 20th - Mixue Ice Cream announced the official opening of its first US store, located at 6922 Hollywood Boulevard, Los Angeles.On December 20th, at the Moore Threads 2025 MUSA Developer Conference, in addition to the new "Huagang" architecture and the Huashan chip, Moore Threads also unveiled its Lushan graphics chip. Lushan is a high-performance graphics rendering chip built on the Huagang architecture, promising a 15x improvement in AAA game rendering, a 50x improvement in ray tracing performance, an 8x improvement in atomic memory access performance, and a 4x improvement in video memory capacity. AI rendering performance is improved by 64x, geometry processing performance by 16x, and texture fill performance by 4x. Besides supporting gaming, it also supports rendering for all CAD, CAE, and other graphic design applications.According to Business Insider, Google has warned some visa holders against leaving the United States, as their return home could face “significant” delays of up to a year.

S&P 500 Price Forecast – Stock Markets Await Slew of News

Jimmy Khan

Dec 02, 2022 16:15

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S&P 500 Technical Analysis

The S&P 500 was fairly stable during the day on Wednesday as investors awaited Jerome Powell's speech, the Core PCE numbers, and of course Friday's jobs report. Given that all of this may produce significant volatility, it is not surprising to find that people were taking a brief pause. I think it could make sense at this time for us to ramble around aimlessly looking for a way. I do think the market will move given enough time, and I have a nagging hunch that Jerome Powell might let some people down.


The fabled "Santa Claus rally" that people look forward to each year, however, might advance to the 4100 level and possibly the 4200 level if we were to break past the 4050 level. But if we drop below this mark of 3900, we can suffer a quick collapse in value toward 3800. Keep in mind that there are many moving elements in the world at the moment and that many people are, to put it mildly, genuinely concerned about the outlook for global growth. Despite the fact that everyone is aware of the impending recession, several financial channels are currently claiming the absurdity that the recession "has already been priced in."


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