SPY trading at 677 with some resistance at 679, suggesting a potential struggle for upward momentum. Could it make new ATH as we get ready for the anticipated Santa Claus rally, which historically brings in a wave of bullish sentiment? Meanwhile, Bitcoin is trading at 105k with very little signs of a breakout, leaving investorsContinue reading “CPI Report Impact: SPY Trading Insights and Bitcoin’s Future (E96)”
Tag Archives: Economy
SPY Trading Insights: Key Support and Resistance Levels to Watch (E87)
SPY trading at 626 has support at 620, which is a critical level for traders to monitor; if it holds, we could see increased buying interest that might gain momentum and push the price towards 634, where it is likely to encounter some resistance due to selling pressure. Meanwhile, Bitcoin is currently trading at anContinue reading “SPY Trading Insights: Key Support and Resistance Levels to Watch (E87)”
Market Insights: JOLT, GDP, and Fed Rate Predictions for June (E86)
This week be on the lookout for JOLT (Job openings data for June), GDP, and the Fed Interest rate decision, which is most likely to hold steady for now. Market chatter is intensifying, suggesting that we won’t see a reduction in rates until possibly September, and I’d love to hear your thoughts on this matter.Continue reading “Market Insights: JOLT, GDP, and Fed Rate Predictions for June (E86)”
Market Trends: SPY, Bitcoin, and Real Estate Insights (E83)
This week, we anticipate the release of the FOMC meeting minutes on Wednesday, which could provide important insights into future monetary policy decisions. Alongside this, the initial jobless claims data will also be published, offering a glimpse into the current employment landscape. In the stock market, SPY is currently trading above 620 and analysts suggestContinue reading “Market Trends: SPY, Bitcoin, and Real Estate Insights (E83)”
Market Predictions: Impact of Fed’s Rate Decision This Week (E80)
This is a very important week for the market. It could either make or break the current run! The Fed is scheduled to speak on Wednesday with the announcement of the interest rate decision. Will we finally see that rate cut, or will they continue to hold? Market experts are weighing the potential impacts ofContinue reading “Market Predictions: Impact of Fed’s Rate Decision This Week (E80)”
Will the Fed Cut Rates? Market Predictions Ahead (E79)
Get ready for the week as the market brims with anticipation. The CPI print comes out this week, accompanied by crucial data on the PPI and initial jobless claims, as well as the 30-year bond auction. These indicators are vital in shaping economic forecasts and market movements. If CPI continues to trend down—although it’s unlikely—weContinue reading “Will the Fed Cut Rates? Market Predictions Ahead (E79)”
Market Update: SPY Resistance at 610 and BTC Breaks 100k (E77)
SPY ended the week at 594, with a notable resistance level determined at 610, indicating a potential challenge for upward movement. There was also a gap down to fill at 578, coupled with a support level resting at 590, which will be crucial for traders watching for price fluctuations. Meanwhile, in an impressive turn ofContinue reading “Market Update: SPY Resistance at 610 and BTC Breaks 100k (E77)”
SPY’s 562 Level: What Investors Should Know (E75)
SPY is currently testing the crucial 562 level; if it doesn’t hold, we may see a significant tumble down to 550, where potential support could stabilize the situation. Meanwhile, Bitcoin trading below 95k raises questions—could the markets be preemptively reacting to the upcoming FED interest rate decision? As investors, we must contemplate whether we willContinue reading “SPY’s 562 Level: What Investors Should Know (E75)”
Market Insights: SPY and Bitcoin Trends This Week (E74)
SPY is currently running towards 563, reflecting a strong performance in the market as investors remain optimistic. Bitcoin, having surged above 94k, continues to attract attention as a store of value amidst the evolving economic landscape. While tariffs are still a point of concern, the chatter around them has notably calmed, providing a brief reprieveContinue reading “Market Insights: SPY and Bitcoin Trends This Week (E74)”
Tariff Wars: Impact on Global Economy and Market Recovery (E73)
The tariff wars continue to loom large over the global economy. There has been a pause for 90 days for everyone except China; many are speculating whether this was the catalyst that sparked a market recovery. This week, be on the lookout for Fed Chair Powell’s speech scheduled for Wednesday, April 16, which could offerContinue reading “Tariff Wars: Impact on Global Economy and Market Recovery (E73)”
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