“Bulls vs Bears” EP44 preview:
Cryptocurrency market surges: Bitcoin reaches $88,395, driven by Trump’s election victory and promise to make the US a “bitcoin superpower”
- ASX Stocks
- Xero (XRO) shares up 9% after CEO’s restructuring efforts boost profits
- James Hardie (JHX) rises 7% despite sales drop, reaffirms guidance
- Paladin Energy (PDN) plunges 29% after cutting 2025 production guidance
- Endeavour Group (EDV) warns of profit impact due to aggressive discounting and rising costs
- US healthcare stocks shake on Trump’s appointment of vaccine skeptic Robert F. Kennedy Jr. as Secretary of Health and Human Services
- Gold and silver prices experience volatility, while uranium shows divergence between spot prices and mining stocks
- Trump announces key cabinet appointments, including Tulsi Gabbard as Director of National Intelligence and Marco Rubio as Secretary of State
- Elon Musk and Vivek Ramaswamy to lead new Department of Government Efficiency
- Trade of the week – Megaport (MPI) recommended as a buy, with a target price of $10.5
