Broadcom: Breaking boundaries in Semiconductors and Software
Broadcom Inc. (Ticker AT: AVGO.US) is an American multinational company that designs, develops and supplies a broad range of semiconductor products and infrastructure software. Its solutions span markets such as data center, networking, software, broadband, wireless, storage and industrial. The company is headquartered in Palo Alto, California, and its president and CEO is Hock Tan.
In December 2024, Broadcom reached a market capitalization in excess of $1 trillion, driven by its participation in the rise of artificial intelligence (AI). This milestone positions it among the world's most valuable companies.
Broadcom's stock has recently experienced significant growth, similar to the “Nvidia moment” of 2023. The company has projected that the market for its data center AI components will reach $90 billion by 2027. However, it faces challenges in its non-AI operations and must meet high market expectations to maintain its sustained growth.
In November 2023, Broadcom completed the acquisition of VMware for $69 billion, strengthening its position in the infrastructure software sector.
On a fundamental level its results have been spectacular and if you look at the profit result, the company has obtained 51.574 million in 2024, up 44% from the previous year, with AI chips, the record revenue segment of $30.096 million, up +7%. XPU chip services and its Ethernet network server adapters grew +220% to $12.2 billion. In the fourth quarter, it earned +51% year-on-year to US$14.054 billion and in semiconductors US$8.8230 billion, +12% over 2023.
This company that dominates the custom chip market must compete in a niche where Nvidia is a notable competitor.
On the technical side, there was a bullish gap on the 12th. The evolution since that day has pierced $186.26 and trading up to a high of $251.88. In the previous sessions the price has taken a break maintaining its price at $240.23. Currently there is high overbought and high buying pressure in delta zones. We are beginning to see a reduction in volumes this week compared to last week. It is very likely that the company will continue its bullish expansion given that it is in a period of bullish expansion.
Ion Jauregui - Analyst ActivTrades
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Fundamental Analysis
EURUSD UNTIL FOMC:4H Analysis OANDA:EURUSD
EURUSD is in consolidation phase & has been moving in the range highlighted in the chart. Now, until FOMC we can only trade on highs and lows of the ongoing chart pattern
BUY LEVEL RECOMMENDATION: 1.04330 & 1.04272
SELL LEVEL RECOMMENDATION: 1.06101
For SL, we should use very small and according to our risk: reward plan.
If you guys find my idea helpful or insightful in possible way, then don't forget boost to and comment on the idea. I'll be very interested to see your take on the market.
GBPJPY: Price is trading at crucial level, Possible Swing MoveDear Traders,
GBPJPY, price is currently trading at very crucial area from where we can expect price to reverse, currently the price momentum shows a strong bearish presence. This can be a swing sell after looking at the data, price can touch the previous yearly low.
FED INTEREST RATE CUT / GOLD UPDATETRADINGVIEW: Plan XAU / USD : 18 December , 2024
⭐️Personal comments "Pips & Profit":
The market will pick up and recover when the FED lowers interest rates later today. But it won't have too much of an impact because most investors won't be too surprised.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2664 - $2662 SL $2667 scalping
TP1: $2658
TP2: $2652
TP3: $2645
🔥SELL GOLD zone: $2694 - $2696 SL $2702
TP1: $2685
TP2: $2670
TP3: $2660
🔥BUY GOLD zone: $2607 - $2605 SL $2600
TP1: $2618
TP2: $2630
TP3: $2645
Let's support "Pips & Profit" by LIKE AND COMMENT TRADINGVIEW. Thank you very much everyone. 🌸🌸🌸
FED INTEREST RATE CUT / GOLD UPDATETRADINGVIEW: Plan XAU / USD : 18 December , 2024
⭐️Personal comments "Pips & Profit":
The market will pick up and recover when the FED lowers interest rates later today. But it won't have too much of an impact because most investors won't be too surprised.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2664 - $2662 SL $2667 scalping
TP1: $2658
TP2: $2652
TP3: $2645
🔥SELL GOLD zone: $2694 - $2696 SL $2702
TP1: $2685
TP2: $2670
TP3: $2660
🔥BUY GOLD zone: $2607 - $2605 SL $2600
TP1: $2618
TP2: $2630
TP3: $2645
Let's support "Pips & Profit" by LIKE AND COMMENT TRADINGVIEW. Thank you very much everyone. 🌸🌸🌸
Will Santa Bring Bitcoin? Tracking Crypto Trends Each DecemberAs the festive season draws near, Bitcoin traders often wonder: is December a gift-giving month for the OG crypto or one where Santa skips the BTC chimney altogether?
Over the past decade, Bitcoin’s December performance has varied wildly — from record-setting rallies to stomach-churning corrections.
But this year, the festive cheer in the crypto world is particularly jolly.
Bitcoin BTCUSD has smashed through the $100,000 mark , Ethereum ETHUSD is dancing above $4,000 , and the markets are buzzing with speculation about lower interest rates from the Federal Reserve and crypto-friendly policies from Donald Trump’s White House.
Before we spill what we know about this Christmas’s crypto miracles, let’s take a trip down memory lane, tracking Bitcoin's price moves for each December over the past 10 years.
Bitcoin’s December Performance: A 10-Year Recap
2013: A Frosty End to the First Big Rally
❆ Start of December: ~$1,000
❆ End of December: ~$750 (-25%)
Bitcoin was coming off its first significant bull run, fueled by very early retail and media hype. The exuberance didn’t last as profit-taking and concerns over Mt. Gox’s solvency sent prices tumbling.
2014: A Crypto Winter Christmas
❆ Start of December: ~$375
❆ End of December: ~$320 (-15%)
2014 was a tough year for Bitcoin. The infamous Mt. Gox hack earlier had crushed investor confidence, and the December sell-off reflected broader pessimism about crypto's future.
2015: A Subtle Santa Rally
❆ Start of December: ~$360
❆ End of December: ~$430 (+19%)
After a year of consolidation, Bitcoin ended 2015 on a positive note. December brought renewed optimism, with the first whispers of institutional interest starting to surface.
2016: The Calm Before the Storm
❆ Start of December: ~$740
❆ End of December: ~$960 (+30%)
This was the beginning of Bitcoin’s journey into mainstream consciousness. A steady rally through December set the stage for the parabolic run of 2017.
2017: Deck the Halls With All-Time Highs
❆ Start of December: ~$10,800
❆ End of December: ~$14,000 (+30%)
Bitcoin mania hit fever pitch as it reached its then-all-time high of nearly $20,000 mid-month. However, the rally fizzled by year-end, signaling the start of a brutal bear market.
2018: Coal in the Stocking
❆ Start of December: ~$4,000
❆ End of December: ~$3,800 (-5%)
The post-2017 bubble burst was in full swing. By December, Bitcoin was down nearly 80% from its peak, and the market was entrenched in a bear trend.
2019: A Neutral Noel
❆ Start of December: ~$7,500
❆ End of December: ~$7,200 (-4%)
This year saw modest losses in December as Bitcoin remained range-bound following a mid-year rally that fizzled out.
2020: A Festive Bull Run
❆ Start of December: ~$19,500
❆ End of December: ~$29,000 (+48%)
The COVID-19 pandemic had accelerated Bitcoin adoption as institutions like MicroStrategy and PayPal jumped in. December capped off a historic year with a near 50% rally.
2021: Bitcoin on the Naughty List
❆ Start of December: ~$57,000
❆ End of December: ~$46,000 (-19%)
Despite starting strong, December 2021 saw Bitcoin slide as macroeconomic fears around inflation and Fed tapering weighed on risk assets.
2022: The Crypto Winter Lingers
❆ Start of December: ~$17,000
❆ End of December: ~$16,500 (-3%)
The collapse of FTX in November left the crypto market reeling. With investor confidence shattered, Bitcoin struggled to recover, hovering near its bear-market lows.
2023: A Recovery Year
❆ Start of December: ~$40,000
❆ End of December: ~$42,500 (+6%)
With the market recovering from the harsh crypto winter of 2022, Bitcoin climbed steadily throughout the year, culminating in December's moderate gains.
Bitcoin ended 2023 on a modestly bullish note, driven by renewed optimism around regulatory developments and institutional interest, especially around the Bitcoin exchange-traded funds that would launch in January 2024.
Final Days of 2024: A December to Remember?
Bitcoin’s 2024 trajectory has been nothing short of remarkable, with the OG cryptocurrency trading above $108,000 — a new all-time high. December’s price action will likely hinge on several key factors:
1️⃣ Federal Reserve Policy : Markets are pricing in a 25-basis-point interest rate cut at the Fed's final meeting of the year on December 18. This has already fueled risk-on sentiment, but a surprise decision to hold rates could spark a possible sell-off.
2️⃣ Institutional Demand : Big-shot investors have continued to pour into Bitcoin in 2024, with the genuine Bitcoin ETFs accumulating more than $100 billion in assets.
3️⃣ Market Sentiment : After breaking $100,000, Bitcoin’s psychological momentum is strong. Traders are eyeing $125,000 as the next target, though volatility could lead to sharp corrections.
4️⃣ Donald Trump : The sheer power concentrated in one man — President-elect has vowed to support the growth of the crypto industry through a Bitcoin strategic reserve, lower taxes, sweeping deregulation and higher tariffs on US imports. Bullishness is truly in the air heading into 2025.
What’s Under the Tree for Crypto in 2025?
Looking ahead, the outlook for Bitcoin and the broader crypto market remains bullish. The combination of institutional, business and consumer adoption, favorable regulatory developments, and a macroeconomic environment that continues to favor risk assets sets the stage for further growth. While $108,000 is impressive, many believe it’s just the beginning of Bitcoin’s next chapter.
As we wrap up 2024, one thing is clear: the crypto market never takes a holiday (or any days off). Whether the Fed today delivers a rate cut or not, traders can expect plenty of action as we head into the new year. So, grab your hot cocoa, keep your TradingView app handy, and enjoy the ride.
Happy holidays, and may your trades be merry and bright!
Buy GBP/CHF (GBP - CPI Data)The GBP/CHF pair on the M30 timeframe presents a potential Buying opportunity due to form of well-defined channel pattern. This suggests a shift in momentum towards the upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.1427
2nd Support – 1.1474
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
The rally has begun. Euro longToday, the Fed will cut the rate by 25%, it has already been practically decided and everything will depend on what Mr. Powell says at the press conference.
With a 90% probability, it will give the markets the opportunity to grow, i.e. I think everything will start today. However, for growth, we need to collect liquidity at the bottom, so we will probably make a downward movement of 200-300 pips, and then fly into the sky;)
Upon reaching the level of 1.07-1.07250, I advise you to close positions, because in the near future I expect parity.
EURUSD Before the News
EURUSD continues to move sideways ahead of the upcoming USD news.
The Federal Reserve will announce the interest rate decision later today, followed by a press conference as usual.
This news will have a significant impact and is expected to set the direction for the coming weeks.
It is advisable to reduce risk before the news and watch for reactions at key levels.
Long TIGR (Maybe Double Up)
NASDAQ:TIGR is a fintech company incorporated in Singapore and headquartered in Beijing. Think HOOD for asian markets, and having direct access to those equities. From the chart you can see they clearly align with the China trade and do get a huge boost if we see China's market pick up.
Current Position:
Average Share Price $5.87 and continuing to buy this up.
Options
$6 12/20/2024
$4 01/17/2024
$5.50 04/17/2025
$5.50 01/16/2026
$5.50 01/15/2027
Still adding. I think $10 is pretty likely even in the short term, but obviously taking some long plays as well, and just picking my spots to grab options when IV is reasonable and I can get some deals. If the China / Asia trade gets some legs, I don't think $20-$25 is out of the question.
My Reasoning
They just did a pretty sizeable offering Oct 23 at $6.25 of 15 million shares, with underwriters getting the opportunity to buy an additional 2.25 million in the 20 days after the offering. (Which they did). This caused approximately 10% dilution to existing share holders. Share price held up pretty well and already trading well above the offering, even while the rest of China continues to downtrend or chop.
2024 Q3
- Revenue: $101 million - record high (44.1% year-over-year increase).
- Net Revenue: $30.84 million - the highest in 3 years (15% year-over-year increase).
- Net Income Attrib. to Ordinary Shareholders: $17.8 million (34.0% year-over-year increase).
- Assets under management: $19.8 billion (115.9% year-over-year increase).
- Funded Accounts: 1,035,000 (19.3% year-over-year increase).
- Total Accounts: 2,370,000 (10.2% year-over-year increase).
- Trading Volume: $163 billion, (103.1% year-over-year increase).
- Net Profit Margin: 17.6% (-1.3% year-over-year decrease).
All while the Asia trade has been pretty much a no go.
In January 2024 they were issued a Type 1 license (Allowing crypto on the platform) and in July 2024 they got Type 9 license (Allowing client asset management services). Two other brokerages have also been given Type 1 licenses in 2024 FUTU and HKVAX (HKVAX also got type 7 for automated trading).
FUTU is a significant competitor with 12x the market cap of TIGR, 2x the assets under management (grew 40% year-over-year), and 4x the revenue (grew 29% year-over-year), and greater brand recognition. But with 12x the market cap and lower growth numbers, TIGR seems like the better play for now, although I might add some FUTU as well.
TIGR has not released specific geographic breakdowns but they have mentioned 75% of funded accounts are outside of mainland China (Q1 2024). Singapore, New Zealand, Australia, United States all mentioned as growth stories.
They have a sizeable user base now, and growing rapidly. If you are long enough term you also just have the cultural tides in your favor as Asia, India are seeing retail investor participation increase rapidly.
I look at this and see a double up just based on the companies growth story while Asia trade has been less than ideal . If we get an actual China pump 2.5x, 3x not out of the question.
Risks
I mean China right, TIGR is incorporated in Singapore which is slightly better and analysis would lead me to believe that a majority of their assets under management are in Singapore but we all know China could yank a license, attack Taiwan, or do some other bull and send the stock tumbling. It's a foreign company, the reporting requirements are different, more opaque, and harder to analyze. Other risks include just the history of the company, offerings are not super rare occurrences and the balance sheet historically is not pretty. This was not a well oiled machine from the beginning. Still a chance management blows it, you also have real competition with FUTU.
However, you can't just luck into the numbers above so things are changing. IMHO.
The economy is looking to the FedThe Fed has started its two-day policy meeting and is expected to cut interest rates by another 25 basis points. However, the focus will be on the Summary of Economic Projections (SEP) and dot plot, which provide guidance for interest rates in 2025.
While US Treasury yields and real yields both edged lower, the US dollar remained steady. The 10-year Treasury yield fell to 4.379%, while the DXY index rose 0.07% to 107.01.
On the technical front, gold prices maintain their long-term uptrend but are under pressure in the short term. The key support level now is $2,600/ounce, which corresponds to the 100-day simple moving average (SMA). A break of this level could send prices lower to $2,531 – the August 20 high. Conversely, if the price breaks above $2,650, the next target will be $2,670 (50-day SMA), and then $2,700.
In addition to the Fed’s decision, investors are awaiting the release of the core Personal Consumption Expenditures (PCE) price index, the Fed’s preferred inflation gauge, to gauge the future direction of policy. Signs that the incoming Trump administration may push for expansionary fiscal policy have raised expectations of a change in the Fed’s stance in the near term.
World gold price todayGold prices continued to weaken today due to stronger-than-expected important US economic news. The US retail sales report for November showed an increase of 0.7%, 0.2 percentage points higher than the forecast increase of 0.5%.
This information made some gold investors worry that the FED may postpone the 0.25 percentage point interest rate cut after the end of the monetary policy meeting in the early morning of December 19. Since then, many people have temporarily stopped trading gold.
On the other hand, gold is also likely to have limited purchasing power due to some forecasts of rising inflation in the US, a slowing labor market..., prompting the FED to stop cutting interest rates early in 2025. At that time, the USD could increase in value very strongly, negatively affecting the world gold price trend.
The question now is whether the Fed will be more hawkish or dovish than the market has been expecting. Investors are now expecting the Fed to be more cautious in easing monetary policy, given the impact of Donald Trump’s agenda on inflation.
Fundamental Market Analysis for December 18, 2024 USDJPYEvent to pay attention to today:
21:00 EET. USD - FOMC Rate Decision
USDJPY:
The Japanese yen (JPY) is experiencing difficulty capitalising on a modest recovery against its US counterpart from the previous day, attracting fresh sellers during Wednesday's Asian session. The latest data from Japan shows an unexpected improvement in the country's trade balance in November, driven by strong export growth. However, the data also points to weak local demand, as indicated by the decline in imports. This, along with an uncertain economic outlook amid concerns over US President-elect Donald Trump's tariff plans, confirms expectations that the Bank of Japan (BoJ) will keep interest rates unchanged later this week, which will have the effect of undermining the yen.
Meanwhile, the prospect of a less dovish Federal Reserve (Fed) decision, as well as expectations that Trump's policies could boost government borrowing and accelerate inflation, continue to support US Treasury yields. This is another factor weighing on the low-yielding JPY, although the softer risk tone helps to limit the potential for further losses. JPY bears may also choose to adopt a more cautious approach and refrain from making any significant bets ahead of a key central bank event. The Federal Reserve will announce its decision at the conclusion of its two-day meeting today, followed by the Bank of Japan's monetary policy update on Thursday.
Trade recommendation: We follow the level of 153.500, if it is fixed above we consider Buy positions, if it bounces back we consider Sell positions.
Gold Influenced by Various Factors, Focus on The Fed's DecisionGold prices need to clear $2,664-$2,664 levels for investors to gain control of the short-term market.
From a technical perspective, any subsequent up-move might face hurdles near the weekly highs, around the $2,664-$2,666 area touched on Monday, ahead of the $2,677 area.
A sustained strength beyond the latter should allow Gold prices to reclaim the $2,700 round figure.
The up-move could extend towards the monthly swing highs, around the $2,726 zone, above which XAU/USD is likely to resume its upward trajectory.
On the flip side, the overnight swing low, around the $2,633 region, now seems to protect the immediate downside ahead of the monthly trough, around the $2,614 zone.
This is followed by the $2,600 level, which, if broken decisively, will be seen as a fresh trigger for bearish traders and make Gold prices vulnerable to extending the recent sharp decline from the one-month highs touched last week.
Mid to Long-Term Investment PickACE LTP : 1340
Targets: 1460, 1560, 1660 🤞🏻
Long Term Targets :1860, 2060 , 2260🤞🏻🤞🏻
May add more on dips till 1240-1080.
For investors with a long-term perspective and the ability to add on dips or hold calmly.
Time Frame: 4 to 12 months 🤞🏻
Trade as per your risk management and investment plan.
Why we're on guard for a USD pullbackStrong economic data for the US alongside expectations for the Fed to significantly reduce the pace of their easing cycle has been a main driver for USD bulls. And while the dollar could reach new high with the current backdrop, we're about to enter a phase of the year which greatly favours USD bears. Looking at monthly and daily seasonality patterns in December and forward returns for the USD around Fed meetings, I outline why a pullback - even idf only minor - could be due for the mighty greenback.
MS
FORTH Experiences Continued Growth Over Increasing TimeframeCOINBASE:FORTHUSDC The Ampleforth Governance Token has seen very solid growth over the last year, and continues it's climb each day. Take note! A project on the move and the uptrend is quite impressive considering the volatility in other markets.
Available markets you can checkout on this page:
coinmarketcap.com
What is it? Calling itself the elastic supply protocol, Ampleforth, located in San Francisco, builds it's smart contracts platform with Solidity. You can checkout their project on GitHub , assuming you are a nerdy type.
Our only interest is the fantastic growth rate we are observing, and how we can leverage some trades into this excellently performing playing field. Our ears are perked up, listening for new signals of continued action in the Ampleforth ecosystem! Yesterday the team posted a cryptic message on X which could be something good. We do not have any inside information to share, other than "Enter the Evergreen Cycle"... and "As our root network expands—it's time to behold the growth phase of our next cycle."
Sounds good! Keep up the great work Ampleforth team!
Learn more:
www.ampleforth.org
t.me
x.com
Remember Habibi, the desert tests your will, not your strength.
AMZN: Are We Heading to $247 or Taking a Quick Dip First? Hey Mindbloome Family, here’s my take on Amazon (AMZN) right now:
1️⃣ If we break above $233, I think we’ll see a strong move up to $246–$247.
2️⃣ If we don’t break just yet, we could see a pullback to one of these levels first:
$225
$221
$215
From there, I’m still looking for a bounce back up to $246.
3️⃣ If we break below $215, that’s when we’ll need to pause and reassess the plan.
Wellness Tip: Don’t underestimate a good night’s sleep. Trading with a clear, rested mind makes all the difference—you’ll see the charts more clearly and make better decisions.
What’s your take—do we break through to $247, or are we dipping first? Let me know! If you want to chat more or dive deeper into this setup, check out my profile or send me a DM.
KRIS/MINDBLOOME EXCHANGE
TRADE WHAT YOU SEE
Gold Price Analysis December 17Fundamental Analysis
Gold prices traded in a narrow range during European hours on Tuesday and remained near a one-week low touched the previous day. Traders appeared reluctant to signal further interest rate cuts by the Federal Reserve (Fed) before placing any fresh bets. This, in turn, resulted in a range-bound price action for the second consecutive day and ahead of Wednesday’s key FOMC policy decision.
Meanwhile, expectations of a less dovish Fed continued to support higher US Treasury yields, which helped the US Dollar (USD) attract some buyers and act as a drag on non-yielding Gold. However, persistent geopolitical risks stemming from the protracted war between Russia and Ukraine and tensions in the Middle East supported the safe-haven. Traders now look to the US Retail Sales figures to see what the market will do next.
Technical analysis
The important support zone 2647.2 plays a key role at the moment to help gold prices stand firm against a sell-off, when this zone breaks out and waits for a retest to sell, gold will return to the target around 2627 and 2615. When gold fails to break 2647, we have to wait until the Asian session leaves completely and only the European session remains, then we can buy back around 47 and aim for the target of the SELL entry zones around 63-65 and 75-77.
Wish you good trading with my strategy
XAU/USD (Gold) Wedge BreakoutThe XAU/USD pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Wedge pattern. This suggests a shift in momentum towards the upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 2678
2nd Support – 2692
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.