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Chipotle Mexican Grill will open its first location in Mexico early next year as the latest stage in its international expansion.

The company announced Monday that it has signed a development agreement with Alsea, which operates Latin American and European locations of Starbucks, Domino’s Pizza and Burger King, among other chains.

After the initial restaurant opens in 2026, Chipotle plans to explore “additional expansion markets in the region,” which could mean broader Latin American development.

The deal to expand in Mexico comes as President Donald Trump wages a trade war with the country, straining the relationship between the two neighbors. Avocados from Mexico were originally subject to a 25% tariff until he paused new duties on goods compliant with the United States-Mexico-Canada Agreement. While Chipotle has diversified its avocado sourcing in recent years, it still imports about half of its avocados from Mexico.

In recent years, Chipotle has been trying to expand internationally, after decades focusing almost entirely on its U.S. business. The company operates 58 locations in Canada, 20 in the United Kingdom, six in France and two in Germany. Chipotle also currently has three restaurants in Kuwait and two in the United Arab Emirates through a deal with Alshaya Group.

Chipotle is betting that Mexico’s familiarity with its ingredients and appreciation for fresh food will win over consumers, according to a statement from Nate Lawton, Chipotle’s chief business development officer.

But U.S. interpretations of Mexican food don’t always resonate in the market; Yum Brands’ Taco Bell has twice attempted to expand into Mexico, but both efforts failed quickly.

This post appeared first on NBC NEWS

Trading is all about the odds. Trade when the odds are in your favor. Exercise patience and stand aside when the odds are NOT in your favor. Stocks are in a bear market with the vast majority of names (76%) trading below their 200-day SMAs. Clearly, the odds are NOT in our favor for equities and equity ETFs. Traders need to look elsewhere. Today’s report will highlight some non-equity leaders and analyze Bitcoin as it sets up.

TrendInvestorPro works with a ChartList that has 72 ETFs covering all sectors, the key industry groups, commodities, bonds and crypto. Note that this curated ChartList is available to TrendInvestorPro subscribers. The image below is sorted by the percentage above the 200-day SMA (blue shading) to show the top 20 performers. This simple performance overview reveals a lot. We are NOT in a bull market and alternative assets are attracting attention (gold, Bitcoin).

First, we see leadership from gold, silver, Bitcoin, and commodity-related ETFs. Second, only a handful of equity ETFs are trading above their 200-day SMAs. Third, these ETFs represent defensive groups (Consumer Staples Utilities, MLPs, Aerospace & Defense, Insurance). This is NOT the performance profile for a bull market. We are in a bear market and equities are not the place to be right now.

Improve your odds and stay on the right side of the market with the models and analysis at TrendInvestorPro. Our stock market model turned bearish in mid March, and remains bearish. Even with the big surge on April 9th, our thrust indicators fell well short of a signal because of weak follow through. We will continue to watch these models and focus on equity alternatives. Click here to get a bonus and learn more!  

The Bitcoin ETF (IBIT) is in the leadership group and Bitcoin ($BTCUSD) is bouncing off its 270 day SMA. Where did 270 come from? A typical 200-day SMA covers a little less than 9 months of trading days, which exclude weekends and holidays. Bitcoin trades 24/7, weekends and holidays. Chartists, therefore, need an adjustment to get the ~9-month equivalent for Bitcoin. I chose 270.

The chart below shows Bitcoin ($BTCUSD) with a classic correction and setup in the making. Bitcoin gained over 100% from September to January and was entitled to a correction. Dow Theory teaches us that normal corrections retrace 33 to 67 percent of the prior advance. 50 percent is the base case. The chart shows the Fibonacci retracements with Bitcoin retracing 61.8% as it fell to 75000. Bitcoin also tested the rising 270-day SMA in March and April. A 61.8% retracement and return to the ~9-month SMA are normal for corrections (blue shading).

A falling wedge formed with Bitcoin establishing resistance at 88000 (pink line). Falling wedge patterns are also typical for corrections. More importantly, these patterns provide levels to watch for a trend reversal. Bitcoin is making its first breakout attempt with a move above the upper trendline. Further strength above 88000 would forge a higher high and argue for a new uptrend. I would then set a re-evaluation level at the 270-day SMA. A close below this moving average would suggest a failed breakout.  

TrendInvestorPro keeps you on the right side.

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Bitcoin Slips to $83.6K Amid Nvidia’s $5.5B Charge

On April 15, 2025, Bitcoin (BTC) experienced a notable decline, dropping to $83,600. This downturn coincided with Nvidia’s announcement of a substantial $5.5 billion charge, which unsettled investors and reverberated across the cryptocurrency market.

Market Reaction to Nvidia’s Financial Disclosure

Nvidia’s unexpected financial charge raised concerns about the broader tech sector’s health, leading to a ripple effect in risk-sensitive markets. Bitcoin, often viewed as a barometer for investor risk appetite, responded with a swift decline, reflecting the market’s apprehension.

Impact on Major Cryptocurrencies

The negative sentiment wasn’t limited to Bitcoin. Other prominent cryptocurrencies also felt the pressure:

  • XRP: Fell over 2% to $2.08.
  • Cardano (ADA): Decreased by 4% to $0.61.
  • CoinDesk 20 Index: A broader market gauge, weakened over 2%.

These declines underscore the interconnectedness of the cryptocurrency market and its sensitivity to developments in the traditional financial sector.

Investor Sentiment and Outlook

The convergence of traditional financial news and cryptocurrency performance highlights the evolving dynamics of the market. Investors are increasingly attentive to macroeconomic indicators and corporate disclosures, which can influence digital asset valuations.

As the market processes Nvidia’s announcement, stakeholders will monitor subsequent corporate earnings reports and economic data to gauge potential impacts on cryptocurrency valuations.

Source: CoinDesk

The post Bitcoin Slips to $83.6K Amid Nvidia’s $5.5B Charge appeared first on FinanceBrokerage.

Bitcoin Nears $85K Amid Market Optimism

On April 14, 2025, Bitcoin (BTC) climbed close to the $85,000 mark, signaling a strong recovery after a period of volatility. This recent Bitcoin price surge is attributed to easing global tariff tensions and broader market stability. The rally marks a shift in sentiment, with both retail and institutional investors showing renewed confidence in the cryptocurrency market.

Key Drivers Behind Bitcoin’s Surge

Multiple economic and technical factors contributed to Bitcoin’s upward momentum:

  • Tariff Easing: The U.S. and EU signaled a pause in ongoing trade disputes, reducing uncertainty in global financial markets. As traditional investors seek alternative stores of value, Bitcoin stands out as a leading choice.
  • Stock Market Gains: Major global stock indices recorded solid growth over the past week, reflecting positive investor sentiment. Cryptocurrency trends often mirror or follow traditional markets, and BTC benefited from the spillover effect.
  • Technical Signals: Analysts noted bullish chart patterns, including a golden cross and RSI support. These indicators pushed traders to open long positions, helping fuel the rally.

Growing Investor Confidence

The return of capital to riskier assets like cryptocurrencies suggests that investors are increasingly comfortable with current market conditions. Bitcoin’s resilience during previous downturns and its growing mainstream adoption as a digital store of value are key reasons for this trust.

Several large institutions reportedly increased their BTC holdings during the dip, reaffirming long-term confidence in the asset despite short-term volatility.

What Lies Ahead for BTC?

While market optimism is high, experts advise caution. Macroeconomic variables, including inflation, interest rate decisions, and geopolitical tensions, will continue to influence price action. Investors should track these developments closely and remain diversified in their strategies.

Conclusion: Bitcoin’s approach toward $85K reflects more than just a bounce — it highlights a maturing market, increasing adoption, and greater investor awareness.

Source: CoinDesk

The post Bitcoin Nears $85K Amid Market Optimism appeared first on FinanceBrokerage.

BNB Price Surge Leads Crypto Gains as Bitcoin Climbs

The BNB price surge on April 21, 2025, stole the spotlight as Binance Coin jumped over 3.2% to cross the $600 mark. This move came as Bitcoin soared past $87,000, reigniting investor interest in altcoins. The bullish wave didn’t stop with BNB—SOL and XRP also made strong moves, reflecting a positive trend across the cryptocurrency market.

BNB Price Surge Driven by Token Burn and Momentum

Fueling the BNB price surge was Binance’s recent $1 billion token burn, which reduced the circulating supply. Additionally, increased trading volumes and renewed faith in Binance’s ecosystem helped BNB regain upward momentum. Investors are optimistic that Binance’s expansion and focus on compliance could drive long-term growth.

SOL Rally and XRP Breakout Add to Market Optimism

Solana (SOL) saw a 10.2% rally, breaking above the $135 resistance level with strong volume and technical confirmation. XRP, on the other hand, climbed past $2.10, setting the stage for a potential breakout above $2.15. These moves indicate bullish setups that are gaining attention from both traders and long-term holders.

Bitcoin Reinforces Its Role as Digital Gold

Bitcoin’s rise above $87,000 reflects renewed demand for a digital safe-haven. With increasing global economic uncertainty and inflation concerns, many investors view Bitcoin as “digital gold.” This sentiment is spilling over into altcoins, triggering the current crypto rally.

Conclusion and Market Outlook

The BNB price surge highlights growing investor confidence in altcoins. Alongside Bitcoin’s strength, tokens like SOL and XRP are enjoying increased attention. If this trend continues, more gains could be ahead for altcoin markets. Investors should monitor resistance levels and trading volumes closely for signs of sustained momentum.

Source: Yahoo Finance

Related: Crypto Updates | Market Trends

The post BNB Price Surge Leads Crypto Gains as Bitcoin Climbs appeared first on FinanceBrokerage.

Gold Price Surge Hits $3,385 Amid Trade Tensions

The gold price surge continued on April 21, 2025, as gold hit a record high of $3,385 per ounce. This milestone came amid a weakening U.S. dollar and renewed global trade tensions. Investors are increasingly turning to gold as a safe-haven asset, signaling market uncertainty and shifting investment strategies.

Gold Price Increase Driven by Dollar Weakness

The U.S. dollar index fell sharply, hitting its lowest level since January 2024. A weaker dollar typically boosts gold prices, as it makes the metal more attractive to international buyers. This contributed significantly to the ongoing gold price surge seen in recent weeks.

In addition, economic data indicating slower growth in key global markets has prompted investors to reduce their exposure to riskier assets. Gold’s long-standing reputation as a hedge against economic uncertainty has once again proven true.

Trade Tensions Fuel Demand for Safe-Haven Assets

Ongoing trade friction between major economies—particularly the U.S. and China—has triggered market anxiety. Announcements related to new tariffs and supply chain risks are further motivating the shift from equities to gold. This environment is ideal for a gold price surge to gain momentum.

Analysts Predict Continued Gold Price Growth

Market analysts suggest that the upward trend is far from over. If inflation persists and interest rates remain steady or fall, the gold price could climb even higher. Some predict that the next psychological barrier of $3,500 per ounce may soon be tested.

As the global economic landscape continues to evolve, gold is expected to remain a central pillar in investor portfolios. Whether as a hedge against inflation or a response to geopolitical unrest, the gold price surge is being closely monitored by financial experts.

Source: Yahoo Finance

Related: Market Insights | Commodity News

The post Gold Price Surge Hits $3,385 Amid Trade Tensions appeared first on FinanceBrokerage.

Fed’s Stagflation Warning Impacts Crypto Markets

On April 16, 2025, the cryptocurrency market experienced a notable downturn following Federal Reserve Chair Jerome Powell’s remarks about potential stagflation. Bitcoin’s price fell to $83,700, reflecting a 1.5% decrease over 24 hours, as investors reacted to concerns about inflation and slowed economic growth.

Stagflation Concerns Emerge

In a speech addressing the economic implications of recent tariff policies, Powell stated, “We may find ourselves in the challenging scenario in which our dual-mandate goals are in tension.” This acknowledgment of possible stagflation—a combination of stagnant economic growth and high inflation—prompted a cautious response from markets.

Impact on Cryptocurrency Market

The immediate effect of Powell’s comments was a swift decline in Bitcoin’s value, which had been approaching the $86,000 level earlier in the day. The broader cryptocurrency market mirrored this trend, with major altcoins experiencing similar losses. The Nasdaq also dropped 3.4%, indicating a wider market apprehension.

Investor Sentiment and Outlook

Analysts suggest that the Federal Reserve’s hawkish stance may delay anticipated interest rate cuts, affecting liquidity and risk appetite in financial markets. Quinn Thompson, CIO at Lekker Capital, noted, “Powell came out extremely hawkish… It’s difficult for me to paint a constructive picture in the immediate term.”

As the market adjusts to these developments, investors are advised to monitor economic indicators and central bank communications closely. The interplay between monetary policy and cryptocurrency valuations remains a critical factor in market dynamics.

Source: CoinDesk

The post Fed’s Stagflation Warning Impacts Crypto Markets appeared first on FinanceBrokerage.

Netflix executives messaged Thursday that all is well with the business in the face of economic turbulence. But its full-year outlook tells a slightly more nuanced story.

Netflix posted a big beat on operating margin for the first quarter, reporting 31.7% compared with the average estimate of 28.5%, according to StreetAccount. And it guided well above analyst estimates for the second quarter — 33.3% against an average estimate of 30%.

By its own phrasing, Netflix was “ahead” of its own guidance for the first quarter and is “tracking above the mid-point of our 2025 revenue guidance range.”

Still, Netflix declined to alter any of its longer-term projections. That suggests Netflix isn’t quite as confident in its second half.

“There’s been no material change to our overall business outlook since our last earnings report,” Netflix wrote in its quarterly note to shareholders.

U.S. consumer sentiment is at its second-lowest level since 1952 as President Donald Trump’s new tariff policies roil markets.

Co-CEO Greg Peters noted during the company’s earnings conference call that Netflix has, in the past, “been generally quite resilient” to economic slowdowns. Home entertainment provides a cheaper form of leisure than most other activities. A monthly Netflix subscription with ads costs $7.99.

But the question remains how — or whether — an economic slowdown would pinch Americans’ wallets and force higher churn among streaming subscriptions.

Netflix stopped reporting quarterly subscriber numbers this quarter, so the company will likely not detail if it sees a customer slowdown later this year beyond reporting its underlying revenue and profit.

First-quarter revenue of $10.5 billion was roughly in line with analyst expectations, while second-quarter guidance of $11 billion is slightly above.

“Retention, that’s stable and strong. We haven’t seen anything significant in plan mix or plan take rate,” said Peters. “Things generally look stable.”

This post appeared first on NBC NEWS

Nintendo on Friday announced that retail preorder for its Nintendo Switch 2 gaming system will begin on April 24 starting at $449.99.

Preorders for the hotly anticipated console were initially slated for April 9, but Nintendo delayed the date to assess the impact of the far-reaching, aggressive “reciprocal” tariffs that President Donald Trump announced earlier this month.

Most electronics companies, including Nintendo, manufacture their products in Asia. Nintendo’s Switch 1 consoles were made in China and Vietnam, Reuters reported in 2019. Trump has imposed a 145% tariff rate on China and a 10% rate on Vietnam. The latter is down from 46%, after he instituted a 90-day pause to allow for negotiations.

Nintendo said Friday that the Switch 2 will cost $449.99 in the U.S., which is the same price the company first announced on April 2.

“We apologize for the retail pre-order delay, and hope this reduces some of the uncertainty our consumers may be experiencing,” Nintendo said in a statement. “We thank our customers for their patience, and we share their excitement to experience Nintendo Switch 2 starting June 5, 2025.”

The Nintendo Switch 2 and “Mario Kart World bundle will cost $499.99, the digital version “Mario Kart World” will cost $79.99 and the digital version of “Donkey Kong Bananza” will cost $69.99, Nintendo said. All of those prices remain unchanged from the company’s initial announcement.

However, accessories for the Nintendo Switch 2 will “experience price adjustments,” the company said, and other future changes in costs are possible for “any Nintendo product.”

It will cost gamers $10 more to by the dock set, $1 more to buy the controller strap and $5 more to buy most other accessories, for instance.

Retailer Best Buy said Friday that it will also begin accepting preorders for the Nintendo Switch 2 console, games and accessories on April 24.

The company said that for the first time in six years, most of its stores will open at midnight for the official launch day, June 5, so that customers can “get their hands on their new Switch 2 immediately.”

This post appeared first on NBC NEWS

In this video, Grayson unveils StockCharts’ new Market Summary ChartPack—an incredibly valuable new ChartPack packed full of pre-built charts covering breadth, sentiment, volatility data and MUCH MORE!

From there, Grayson then breaks down what he’s seeing on the current Market Summary dashboard, illustrating how he’s putting this invaluable tool to work in the current climate. He highlights weakness in Small Cap stocks, uses the Factors Map to pinpoint the groups that investors are gravitating to, and explains why the sea of red across the breadth maps continues to be a clear indication of the weakness in this market.

This video originally premiered on April 18, 2024. Click on the above image to watch on our dedicated Grayson Roze page on StockCharts TV.

You can view previously recorded videos from Grayson at this link.