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SYMBOL
LAST
ASK
BID
HIGH
LOW
NET CHG.
%CHG.
SPREAD
SPX
S&P 500 Index
6964.81
6964.81
6964.81
6980.09
6905.86
+32.51
+ 0.47%
--
DJI
Dow Jones Industrial Average
50135.86
50135.86
50135.86
50219.40
49837.45
+20.20
+ 0.04%
--
IXIC
NASDAQ Composite Index
23238.66
23238.66
23238.66
23314.67
22878.37
+207.46
+ 0.90%
--
USDX
US Dollar Index
96.720
96.800
96.720
97.600
96.630
-0.800
-0.82%
--
EURUSD
Euro / US Dollar
1.19109
1.19116
1.19109
1.19264
1.18094
+0.00966
+ 0.82%
--
GBPUSD
Pound Sterling / US Dollar
1.36944
1.36957
1.36944
1.36998
1.35861
+0.00894
+ 0.66%
--
XAUUSD
Gold / US Dollar
5056.84
5057.28
5056.84
5086.52
4964.41
+90.80
+ 1.83%
--
WTI
Light Sweet Crude Oil
64.238
64.268
64.238
64.676
62.468
+0.928
+ 1.47%
--

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[Technology Sector Rises Over 1.5%, Leading US Sector ETFs] On Monday (February 9), The Technology Sector ETF Rose 1.54%, The Global Technology Stock Index ETF Rose 1.33%, The Semiconductor ETF Rose 1.24%, The Internet Stock Index ETF Rose 1.04%, The Energy Sector ETF Rose 0.73%, While The Consumer Discretionary ETF Fell 0.37%, The Financial Sector ETF Fell 0.59%, And The Healthcare Sector ETF Fell 0.88%. Among The 11 Sectors Of The S&P 500, The Information Technology/technology Sector Rose 1.59%, The Materials Sector Rose 1.44%, The Energy And Telecommunications Sectors Rose At Least 0.8%, While The Consumer Staples And Healthcare Sectors Fell 0.86%

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[Mexican President Criticizes Unfair US Sanctions, Announces Further Humanitarian Aid To Cuba] On February 9, Mexican President Jacques Sinbaum Announced At A Morning Press Conference At The Presidential Palace That Mexico Will Provide A Second Batch Of Humanitarian Aid To Cuba In The Coming Days And Called On The United States Not To Impose Punitive Tariffs On Countries Supplying Oil To Cuba. Sinbaum Stated That Mexico Has Always Upheld The Principle Of Solidarity And Mutual Assistance And "cannot Remain Silent" In The Face Of Sanctions Against Cuba. She Added That Mexico Had Previously Sent Food To Cuba And Will Continue To Provide More Aid And Support To The Best Of Its Ability

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Toronto Stock Index .GSPTSE Unofficially Closes Up 552.34 Points, Or 1.70 Percent, At 33023.32

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The Nasdaq Golden Dragon China Index Closed Up 0.2% Initially. Among Popular Chinese Concept Stocks, 21Vianet Closed Up 5.8%, Daqo New Energy Rose 5.8%, Canadian Solar Rose 5.7%, Atour Rose 5.6%, While Bilibili Fell 2.4%, NIO Fell 3.1%, Li Auto Fell 3.1%, And New Oriental Fell 4.4%

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Brazil Benchmark Stock Index Bovespa Settles At 186407.80 Points, A Record High

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UK Government: Any Unilateral Attempt To Alter The Geographic Or Demographic Make-Up Of Palestine Is Wholly Unacceptable

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UK Government: Strongly Condemns The Israeli Security Cabinet's Decision To Expand Israeli Control Over The West Bank

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U.S. Senate Majority Leader John Thune: Republicans Are About To Propose A Counter-proposal To The Democratic Plan Regarding Funding For The Department Of Homeland Security (DHS)

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Trump-Xi Summit Set For First Week Of April

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Bostic, Federal Reserve: Weak Employment Data Is Another Reason For The Fed To Remain Cautious

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Fed's Miran: Using Fed Balance Sheet In Times Of Trouble Makes Sense

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The Yen Continued To Rise On The Second Day After The Japanese House Of Representatives Election. In Late New York Trading On Monday (February 9), The Dollar Fell 0.91% Against The Yen To 155.79 Yen, Trading Between 157.76 And 155.52 Yen During The Day. It Had Briefly Risen In Early Asian Trading Before Gradually Declining. The Euro Fell 0.13% Against The Yen, And The Pound Fell 0.29% Against The Yen

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Fed's Miran: Still Believes Main Burden Of Tariffs Will Fall On Exporters

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Fed's Miran: Ai Is Impacting Economy But Is Hard To Measure

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Fed's Miran: The World Is Coming Around To The Idea Tariffs Are More Benign Than Thought

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Fed's Miran: Tariffs Allow For Lower Interest Rates Over Time

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Fed's Miran: Dollar's Moves Don't Have Big Impact On Monetary Policy, Have Been Relatively Modest

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Chicago Soybean Futures Fell About 0.5%, Soybean Meal Fell About 2%, And Soybean Oil Rose More Than 2.5%. On Monday (February 9), The Bloomberg Grains Index Fell 0.34% To 29.5222 Points In Late New York Trading, Remaining Down For The Day. CBOT Corn Futures Fell 0.41%, And CBOT Wheat Futures Fell 0.28%. CBOT Soybean Futures Fell 0.49% To $11.0975 Per Bushel, Soybean Meal Futures Fell 1.98%, And Soybean Oil Futures Rose 2.55%

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Fed's Miran: Dollar Pass Through To Inflation Is Not A Main Issue

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Fed's Miran: Isn't Worried Tariffs Will Impair Dollar's Value

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Due to the previous government shutdown, the release date of the US January non-farm payroll report has been changed to February 11.
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Q&A with Experts
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    Matthew flag
    EuroTrader
    @EuroTraderbut losses make the head spin lol
    Matthew flag
    EuroTrader
    @EuroTraderit's actually much more harder for me when i take losses
    EuroTrader flag
    Matthew
    @Matthewit's actually tricky and easier said than done..only a trader can learn how to handle drawdown
    EuroTrader flag
    Matthew
    @Matthewhandling drawdown is actually specific to the trader cause not all of us can treat losses the same way
    EuroTrader flag
    Matthew
    @Matthewthe solution boils down to the amount of risk you allocate to any single trade this would help
    Matthew flag
    EuroTrader
    @EuroTraderhow do you mean
    Matthew flag
    EuroTrader
    @EuroTraderthis is true. human beings are different
    EuroTrader flag
    Matthew
    @Matthewwhat i mean is that the smaller the lot size and amount you risk on any single trade the better you can handle the losses
    EuroTrader flag
    Matthew
    @Matthewwe are not the same and definitely responds to situations differently from each other
    EuroTrader flag
    Matthew
    @MatthewIf you risk 0.5% to 1% of your account on any single trade you can easily handle losses
    "EuroTrader" recalled a message
    Matthew flag
    EuroTrader
    @EuroTradertrue but that would be if you are trading large capital
    EuroTrader flag
    Matthew
    @Matthewthat's why i recommend prop firms over personal account if you don't have up to 10k to fund
    3580981 flag
    fib retraement
    EuroTrader flag
    3580981
    fib retraement
    @Visitor3580981is that the strategy you make use of while trading. that means you must be a trend trader
    EuroTrader flag
    Matthew
    @Matthewimagine trading a 100k account. you would be making good returns risking just 1 to 2% of your account balance
    Matthew flag
    EuroTrader
    @EuroTraderthis is where prop firms I think would be useful for trades
    Matthew flag
    EuroTrader
    @EuroTraderone percent would be 1000$ at risk right
    EuroTrader flag
    Matthew
    @MatthewYeahh exactly and you can easily manage this one as a trader if you have a good mindwtb
    EuroTrader flag
    Matthew
    @MatthewProp firms for their own downside but in all they have been really helpful for retail traders
    Type here...
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          Most Ethereum valuation models indicate ETH is undervalued: Analyst

          Cointelegraph
          Litecoin / Tether
          -0.33%
          DASH / Tether
          -3.33%
          DASH / USD Coin
          0.00%
          Zcash / USD Coin
          +1.97%
          Zcash / Tether
          -0.20%

          The native token of the Ethereum network, Ether , is undervalued in nine out of 12 commonly used valuation models, according to Ki Young Ju, a market analyst and CEO of crypto market analysis platform CryptoQuant.

          A composite “fair value” using all 12 valuation models prices ETH at about $4,836, an over 58% gain compared to its price at the time of this writing.

          Each valuation model was rated on a three-tiered scale for reliability, with three being the most reliable. Eight out of the 12 models feature a reliability rating of at least two. “These models were built by trusted experts across academia and traditional finance,” Ju said. 

          The App Capital valuation model, which accounts for total on-chain assets, including stablecoins, ERC-20 tokens, non-fungible tokens (NFTs), real-world tokenized assets (RWAs), and bridged assets, prices ETH at a fair value of $4,918, according to ETHval.

          Using Metcalfe’s Law, which states that the value of a network grows in proportion to the square of real active users or the number of nodes in the network, projects an ETH price of $9,484, meaning the asset is over 211% undervalued, according to the model.

          Valuing ETH through the Layer-2 (L2) framework, which accounts for the total value locked (TVL) in Ethereum’s layer-2 scaling network ecosystem, projects a price of $4,633 per ETH, meaning that ETH is about 52% undervalued.

          The Ethereum community and analysts continue to debate how to value the world’s first smart contract platform properly, with many saying that traditional valuation models are not sufficient to value nascent digital assets and decentralized blockchain networks.

          Related: Ethereum ICO whale cashes out $60M after 9,500x gain as top 1% keep buying ETH

          Despite the mostly rosy outlook, one valuation model says ETH is grossly overvalued

          The Revenue Yield valuation model, which values ETH by the annual revenue generated by the network, divided by the staking yield on ETH, says that ETH at current prices of over $3,000 is overvalued by over 57%.

          Revenue Yield is the most reliable valuation model for accurately pricing ETH, according to ETHval’s criteria and methodology.

          ETH should carry a price tag of about $1,296, according to the model, highlighting the Ethereum network’s dwindling revenue generation as fees reach record lows and competing networks absorb some of its market share.

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