Wow, what an interesting couple of weeks it has been! The Fed decided to cut rates, raising many questions about the potential for more rate cuts in the near future. This week, we have a lot of important data set to be released, including unemployment figures, S&P Global Services data, CPI, and Initial Jobless claims,Continue reading “Impact of Fed Rate Cuts on Housing and Economy (E97)”
Tag Archives: financial
SPY and Bitcoin: Key Support Levels and Market Insights (E95)
SPY is currently trading at 682, demonstrating a robust support level at 664, which has proven to be a significant anchor for investors during recent fluctuations. Meanwhile, Bitcoin is holding steady at 105; this stability has been bolstered by the current rate cut implemented last week, which contributed to a positive market sentiment and helpedContinue reading “SPY and Bitcoin: Key Support Levels and Market Insights (E95)”
Market Watch: SPY, Bitcoin & CALHFA Updates (E94)
SPY is climbing and approaching resistance at 673, a critical level that many traders are closely monitoring as it represents a potential turning point in market sentiment. Meanwhile, Bitcoin is trading at an impressive 111k, attracting interest from both seasoned investors and newcomers alike, as market rates are being watched by all like a hawk,Continue reading “Market Watch: SPY, Bitcoin & CALHFA Updates (E94)”
Impact of Rate Cuts on Real Estate: Key Takeaways from Economic Indicators (E93)
Spy has support at 655, where it seems to have created a gap ahead of Bank Earnings, suggesting potential volatility in the markets. Meanwhile, Crypto trading at 110k has raised questions about whether their bull run has finally come to an end, causing many investors to rethink their strategies. In this context, Powell is setContinue reading “Impact of Rate Cuts on Real Estate: Key Takeaways from Economic Indicators (E93)”
Market Predictions: Impact of Fed’s Rate Cuts on SPY and Bitcoin (E92)
This week we have SPY at 671, reaching all-time highs, an impressive milestone that has caught the attention of many investors. With no resistance in sight and strong support forming at 659, the upward momentum appears to be quite robust. In parallel, Bitcoin is trading at 124k, making a significant comeback that signifies renewed interestContinue reading “Market Predictions: Impact of Fed’s Rate Cuts on SPY and Bitcoin (E92)”
CPI Print and Jobless Claims: Key Economic Indicators This Week (E90)
SPY trading near its support level of 646 presents a critical moment for investors, as this level may indicate potential resistance or a springboard for recovery. Interest rates continue to hold steady, providing a semblance of stability in the market, but that may all change depending on what economic developments occur this week. The ongoingContinue reading “CPI Print and Jobless Claims: Key Economic Indicators This Week (E90)”
SPY Market Trends: Cautious Sentiment and Key Resistance Levels (E89)
SPY retreats as tech earnings post, reflecting the cautious sentiment in the market. Currently, SPY has a gap to fill from 637 to 643, a critical area where it is expected to encounter significant resistance. Meanwhile, Bitcoin seems to have retraced down to 110k, which has raised several eyebrows among investors who are closely monitoringContinue reading “SPY Market Trends: Cautious Sentiment and Key Resistance Levels (E89)”
SPY Trading Analysis: Market Sentiment and Key Levels (E88)
SPY trading at 642 last week made all-time highs, reflecting strong market sentiment and investor confidence. It currently has support at 633, indicating a critical level that could prevent further declines, with a potential resistance at 646 that traders will need to watch closely. Meanwhile, Bitcoin trading at 116k raises the question: do you thinkContinue reading “SPY Trading Analysis: Market Sentiment and Key Levels (E88)”
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)”
SPY Resilience: Market Confidence at 622 Support Level (E84)
SPY making new highs has support at 622 where it could bounce up, fill the gap, and continue making new highs, signaling resilient market confidence. Meanwhile, BTC has reached an impressive milestone of 120k, reflecting growing institutional adoption and widespread interest in cryptocurrencies. As interest rates continue to remain unchanged, we witness peculiar shifts inContinue reading “SPY Resilience: Market Confidence at 622 Support Level (E84)”