Bitcoin Surge: Market Analysis Ahead of Fed Meeting (E56)

Bitcoin is up 5%, currently trading above 107k, while SPY is also on the rise, trading above 606; it needs to break through the 608 resistance level in order to sustain this upward momentum as we approach the festive Santa Claus rally! This week, all eyes will be on the Federal Reserve as they prepareContinue reading “Bitcoin Surge: Market Analysis Ahead of Fed Meeting (E56)”

BTC Surpasses 100k: Impact on Market Trends (E55)

BTC reached an all-time high, finally surpassing the 100k mark, a significant milestone that reflects growing institutional interest and increased adoption within the cryptocurrency space. Meanwhile, SPY is at the 606 support level, with the possibility of continuing to climb as we approach the Santa Claus rally, typically characterized by positive market momentum in December.Continue reading “BTC Surpasses 100k: Impact on Market Trends (E55)”

Key Financial Highlights: JOLTS, S&P Global Services, and Market Trends (E54)

I hope everyone enjoyed the holidays and found some good deals out there! Let’s get down to business and dive into this week’s key financial highlights. This week we have several important events, including JOLTS, S&P Global Services, and Fed Powell Speaking, alongside Initial Jobless Claims and the Unemployment Rate to analyze closely. Each ofContinue reading “Key Financial Highlights: JOLTS, S&P Global Services, and Market Trends (E54)”

Market Update: SPY Surges While BTC Stalls (E53)

SPY reached an all-time high of 600 today, reflecting a resilient market amidst mixed economic signals. Meanwhile, BTC is struggling to breach the anticipated 100k mark, currently hovering just below at 95k, as investor sentiment remains cautious, despite projections of a significant upward trend. In the housing market, existing home sales exceeded estimates, increasing byContinue reading “Market Update: SPY Surges While BTC Stalls (E53)”

Economic Data: Inflation Trends and Market Reactions (E52)

Did you see last week’s prices? BTC made some new all-time highs, surpassing previous resistance levels, while SPY approached the significant 600 mark before retracing down to 583. It has a crucial support level at 570 that it might retrace to, potentially filling the gap to build the support and momentum required for the anticipatedContinue reading “Economic Data: Inflation Trends and Market Reactions (E52)”

Market Insights: Election Impact and Investment Tips (E51)

What a week it has been with presidential elections, fed rate cuts, SPY nearing 600 all-time highs, and BTC trading above 85k, showcasing an intriguing mix of political and economic developments. The housing market remains unchanged, reflecting a certain stability amidst the fluctuations in other sectors. Remember, with this new administration, you might want toContinue reading “Market Insights: Election Impact and Investment Tips (E51)”

Interest Rates and Real Estate: What Investors Need to Know Now (E50)

SPY is currently holding the crucial 567 support level, a key point of interest for investors as they analyze market trends. With elections right around the corner, the uncertainty in the economic landscape is palpable, and the latest data continues to roll in rapidly. Investors should be on high alert for upcoming reports such asContinue reading “Interest Rates and Real Estate: What Investors Need to Know Now (E50)”

Analyzing SPY’s Support Levels and Bitcoin’s Future (E49)

SPY is holding on to the 570 support level, slowly climbing up from 574 last week, which indicates a cautious optimism among traders and investors. As Bitcoin reaches its significant milestone of 69k, the critical question remains: will it hold this value, or are we poised for a pullback? The atmosphere in the financial marketsContinue reading “Analyzing SPY’s Support Levels and Bitcoin’s Future (E49)”

Market Outlook: Key Indicators to Watch This Week (E48)

Spy continues to hold above the 580 level; as a result, we should expect to see new highs as the data comes in this week. It’s crucial to monitor key indicators such as existing home sales, new home sales, and initial jobless claims as we approach a potential rate cut decision, as these figures willContinue reading “Market Outlook: Key Indicators to Watch This Week (E48)”

SPY and BTC: Market Movements and Economic Insights (E47)

SPY seems to be headed towards 600k, demonstrating a strong bullish trend, while BTC has hit 67k, marking an impressive milestone in its ongoing rally. The data is coming in with the latest CPI print showing a decrease, now edging closer to the 2.0% mark, which could indicate a potential easing of inflation pressures. ThisContinue reading “SPY and BTC: Market Movements and Economic Insights (E47)”