Long Volatility on U.S. Stocks Before Their Earnings Reports

Gold Silver Reports – Keep a bias toward long volatility on U.S. stocks before their earnings reports, JPMorgan Chase & Co says.

The options market is expecting earnings-related volatility to be roughly in line with the historical average, but a larger-than-normal risypremium is justified by “the important and idiosyncratic tax reform data point accompanying companies’ earnings reports,” JPMorgan strategists Shawn Quigg, Marko Kolanovic and Bram Kaplan wrote in a report.

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Sun Pharma Stocks Up Over 6%

Sensex breaks 6-day losing streak, Nifty closes above 25,000; Paytm surges 15%

Gold Silver Reports – Indian shares touched record highs for a third consecutive session on Wednesday, with investors picking pharma stocks such as Sun Pharma that have lagged a broader market rally this year.

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Sensex, Nifty hit Fresh Record highs led by TCS, Infosys Rally

Nifty Future Rock Hard Support @ 10597 - Above Level Sell Karna Manan Hai - – Neal Bhai Reports

Gold Silver Reports – Stock indices on Friday closed on a higher note ahead of Christmas as benchmarks Sensex and Nifty rallied to all-time peaks, with IT, technology and capital goods leading the gain. While the Sensex inched near 34,000, the Nifty ended slightly short of 10,500. In intraday, both scaled life highs.

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U.S. Stocks, Dollar Fall as Tax Debate Heats Up

Gold Silver Reports – U.S. equities slumped, with small caps leading losses, and the dollar erased a gain as concern mounted that the Republican tax overhaul package may struggle to pass the Senate.

All major U.S. equity gauges were lower. The S&P 500 Index dropped in afternoon trading after Republican Senator Marco Rubio’s spokeswoman said he told Senate leaders he’ll oppose tax legislation unless they agree to a larger child tax credit. Republicans can only afford to lose two votes and still guarantee passage.

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