Limit Up! 11 November 2025

Overnight

Economic Indicators Released Overnight

The only news is the US Government shutdown ending and it's propelling risk assets higher. With the backdrop of FED cutting, liquidity incoming via QE and end of QT, if markets can't rally hard it's because it's all too little, too late.

Silver and Gold are confirming it.

US Equities

Breaking

Gold climbs nearly 3% to two-week peak as soft economic data cements rate cut bets [ Reuters]

Australia’s $4trn wealth surge: Are you one of the 760,000? [AFR]

Bitcoin

Bitcoin enthusiasts are celebrating that the bottom’s in and the only way is up. Currently there’s a nice bounce and price defended 100k well, but it’s still in a short-term downtrend. Read more

BITCOIN/USD Daily

Commodities

A big spike higher and approaching trend resistance at 4,145. Above 4,160 and we can start thinking about another all time high. Read more

GOLD/USD Daily

Equities

After the bullish close on Friday, another blast higher. Needs to get through trend resistance at 6,890 to have a pop at the all time high. Read more

S&P 500 Daily

Bonds

Back to 2008 levels. Strong trend now that yield has broken above the trend line again. Currency is weakening and stock market is at all time highs. Market is trying to find some sort of neutral pricing where yield is attractive to investors. Read more

Japan 10 Year Government Bond Yield Daily

More on Substack

Silver Update 11 November 2025

Economic Indicators Today

Latest Podcast 10 November 2025