CFTC持仓报告显示，白银期货净多头约为11326份，低于去年6月的约50000份。 "对冲基金和其他机构投资者明显感到被甩在了后面。"MKS PAMP研究和金属策略主管Nicky Shiels 说，"白银的交易就像是一只'迷因股'(meme stock)，有迹象表明市场功能失调。" 另外，贵金属经销商Silver Bullion创始人Gregor Gregersen表示，贵金属此次下跌的突发性显示，其性质 可能并非有序的获利了结。 今日周日，白银市场休市。因美国政府停摆担忧情绪降温打压避险，而且美元指数反弹，共同促发多头 进一步获利了结，白银尽管短线回调，但从时间周期来看，白银本月累计涨幅仍超过60%，或创历史最 佳月度表现。 【要闻速递】 贵金属相继飙升至纪录高位，但一些交易员和对冲基金经理却错失良机。"12月对冲基金和其他大型投 资者进行了大量获利了结，"大宗商品咨询机构Queen Anne's Gate Capital首席投资官Kathleen Kelley表 示。 据Vanda Research数据，从12月中旬到1月中旬，个人投资者向白银相关ETF净流入9.218亿美元，是历史 上最大单月买盘规模 ...

Core Viewpoint - Palantir's stock has experienced a significant decline at the start of 2026, following a remarkable 138% increase in 2025, attributed to a combination of market factors rather than company-specific news [1][3]. Group 1: Stock Performance - Palantir shares fell by 5.9% on the first trading day of 2026, with the current price at $168.72 and a market cap of $424 billion [2]. - The stock's performance in 2025 was exceptional, with quarterly growth rates between 40% and 60%, leading to a substantial appreciation of 138% [3]. Group 2: Market Dynamics - The overall software sector experienced declines, indicating a broader market trend affecting Palantir, alongside a strong performance in semiconductor stocks suggesting a rotation among technology investors [2]. - Profit-taking may be occurring as investors look to sell shares at the beginning of the new year to defer capital gains tax payments until April 2027 [4]. Group 3: External Influences - Palantir's association with Elon Musk, a close friend of co-founder Peter Thiel, may be impacting investor sentiment, especially following Tesla's disappointing fourth-quarter vehicle deliveries [5][7]. - Despite no direct connection between Palantir and Tesla, investors may group them together due to their ties to the "PayPal Mafia" [7]. Group 4: Valuation and Future Outlook - Palantir's valuation remains high at 390 times trailing earnings, raising questions about sustainability despite the potential for continued growth driven by generative AI applications [9][10]. - The company's ability to maintain its growth trajectory will be critical in determining its future stock performance [10].

Core Viewpoint - Agnico Eagle Mines (NYSE: AEM) stock experienced a significant decline of 5.7% due to a reversal in the precious metals market, particularly following a dramatic drop in silver prices after reaching an all-time high [1][3]. Group 1: Precious Metals Market Dynamics - Silver prices surged to over $80 per ounce but fell sharply to as low as $70.25, with a current price of $71.12, reflecting a decrease of approximately 7.9% [1]. - Gold prices also declined by 4.5%, currently priced at $4,349.30 [1]. - The year 2025 has been exceptionally profitable for silver and gold investors, with silver starting near $20 per ounce and tripling in value, while gold prices increased by 65% [3]. Group 2: Profit-Taking and Market Reactions - The current market behavior suggests that profit-taking is occurring, which may escalate into a "flash crash" as investors face margin calls, increasing selling pressure [4]. - Silver has lost about twice as much value as gold in the recent sell-off [6]. Group 3: Agnico Eagle Mines Stock Analysis - Agnico Eagle Mines is currently priced at over 26 times GAAP earnings, but appears more reasonably valued at about 25 times free cash flow [5]. - Analysts project that Agnico will grow earnings nearly 37% annually over the next five years, making the current high valuation more acceptable [5]. - The company offers a modest dividend yield of 1%, which may provide some appeal to investors [5].

Market Monitoring - Monitor post-listing price action for DOYR and Mind Network, as 100%+ weekly gainers often face profit-taking pressure [1] - Watch for Fear & Greed Index movement toward 50+ neutral territory as potential rally catalyst [1] Participation Guidance - Track your rolling 15-day point balance as inactivity directly reduces participation eligibility [1]

Core Insights - The cryptocurrency market experienced record withdrawals in November 2025, with a total of $3.79 billion pulled from U.S. spot Bitcoin ETFs, surpassing the previous record of $3.56 billion set in February 2025 [5][3] - Major cryptocurrencies, including Bitcoin, saw significant price declines, with Bitcoin dropping over 33% from its all-time high of $126,000 to around $84,000 [4][7] - The outflows were primarily driven by profit-taking after a rapid bull run and macroeconomic factors, including strong U.S. jobs data and rising interest rate expectations [8][7] Withdrawal Dynamics - BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund accounted for 91% of the November withdrawals, with outflows of $2.47 billion and $1.09 billion respectively [2][6] - On November 20, U.S. spot Bitcoin ETFs experienced $903 million in net outflows, marking the largest single-day loss since their launch [3] Market Sentiment and Comparisons - The current wave of withdrawals has led to comparisons with the 2022 "crypto winter," but key differences suggest this sell-off may not lead to a prolonged downturn [12][13] - The Crypto Fear & Greed Index fell to 11, indicating "extreme fear," the lowest level since late 2022 [9] Emerging Opportunities - New XRP and Solana ETFs attracted significant inflows, with Solana funds pulling in $531 million and XRP ETFs registering $410 million in early inflows, indicating a shift in investor interest away from Bitcoin [10][6] - Ripple's RLUSD stablecoin reached a circulating supply of over $1 billion, showcasing ongoing interest in regulated digital assets [14] Institutional and Regulatory Landscape - The presence of SEC-approved spot Bitcoin ETFs and stronger institutional foundations contrasts with the 2022 downturn, where institutional participation was limited [12] - Regulatory uncertainties remain, with potential new legislation and tax policies still unclear, which could impact market dynamics [20]

Whale Activity - Whale inflows to Binance reached a new yearly high of $75 billion in the past 30 days [1] - This signals potential profit-taking or risk management strategies by whales [1]

Core Insights - The cryptocurrency market is experiencing a significant downturn, with a focus on the risks associated with assets, an AI and tech bubble, and a 50% chance of the Federal Reserve cutting interest rates [1] Group 1: XRP Performance - XRP has fallen to $2.13 per token, marking a 26.55% decrease from three months ago, and has been trending downwards since early October [1][2] - The price of XRP previously peaked at $3.65 in July but has remained below the critical support level of $2.20 [2] - The recent launch of three XRP exchange-traded funds (ETFs) did not lead to a price rebound, with the Canary XRP ETF opening at $26.63 but subsequently dropping 10.85% [3] Group 2: Market Trends - XRP's decline mirrors the broader trend in the cryptocurrency market, including Bitcoin, which has also seen a sharp decline since early November [5] - Bitcoin's price is currently at $91,577, reflecting a 13.26% drop over six months and an 18.12% drop over the past month [6] - The selloff in the cryptocurrency market is attributed to profit-taking by long-term holders, institutional outflows, macroeconomic uncertainty, and the liquidation of leveraged long positions [6]

Core Insights - Pharvaris N.V. is focused on developing innovative oral therapies for rare diseases, particularly hereditary angioedema (HAE) [3][2] - The company operates a clinical-stage biopharmaceutical model, investing in research and development to advance its pipeline through regulatory milestones for future commercialization [1][3] Company Overview - Pharvaris N.V. develops small molecule therapies for HAE, including PHA121, PHVS416, and PHVS719 [2] - The company leverages proprietary small molecule technology to address significant unmet medical needs in the rare disease space [3] Financial Performance - As of November 14, 2025, shares of Pharvaris N.V. were priced at $23.55, reflecting a 14.6% increase over the past year, outperforming the S&P 500 by 5.01 percentage points [4] - Bain Capital Life Sciences Investors, LLC sold 122,106 shares of Pharvaris N.V. during the third quarter, reducing its position value by $21.23 million, with remaining shares valued at $79.37 million [5][6] Market Context - Pharvaris stock has increased over 50% in the last six months, nearing its 52-week high of $26.33 [8] - Despite the sale of shares by Bain Capital, the total value of its Pharvaris stock increased from approximately $58 million at the end of Q2 to $79 million at the end of Q3 [9]

LATEST: 🐳 Glassnode analysts are disputing the narrative that Bitcoin OGs and whales are "panic-selling," arguing that the data points to typical late-cycle profit-taking that occurs during every bull market. https://t.co/wyU41XJlQp ...

Core Insights - MayTech Global Investments disclosed a sale of 1,148 shares of MercadoLibre, reducing its position by approximately $2.7 million, bringing its total holdings to 25,081 shares valued at $58.6 million at the end of the third quarter [1][2]. Company Overview - MercadoLibre is a leading e-commerce and fintech platform in Latin America, with a market capitalization of $106.7 billion and a revenue of $26.2 billion over the trailing twelve months (TTM) [4][5]. - The company offers a wide range of services including e-commerce platforms, digital payments (Mercado Pago), logistics (Mercado Envios), credit, investment products, classifieds, advertising, and digital storefront solutions [7]. Financial Performance - As of November 11, 2025, MercadoLibre shares were priced at $2,099.57, reflecting a 7% increase over the past year, although this underperformed the S&P 500 by 2 percentage points [3]. - The company has demonstrated robust growth, with sales increasing by more than 35% annually over the last year, five years, and ten years [11]. Investment Position - Following the recent sale, MercadoLibre now accounts for 6.1% of MayTech Global Investments' assets under management (AUM), down from 7.0% in the previous quarter [3][6]. - The top holdings of MayTech Global Investments include Nvidia, Alphabet, Meta Platforms, Amazon, and MercadoLibre, with MercadoLibre valued at $58.6 million [6]. Market Context - MercadoLibre is viewed as a key player in the rapidly expanding digital economy in Latin America, leveraging its integrated marketplace and logistics infrastructure to drive growth [8]. - Despite trading at 50 times forward earnings, MercadoLibre's growth story remains compelling, indicating potential for future investment opportunities [12].