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Wednesday Market Review: Look Out Below!

There is a substantial amount of volatility in all markets right now – as expected. News of FTX insolvency has crypto markets plummeting. Bitcoin / $BTC Yesterday Bitcoin sat at ~$19k: I called for $BTC at $14k. We’re currently sitting around $16k. S&P 500 / $SPY Dollar Strength Index / $DXY

Crypto Tuesday: Capitulation Seems Inevitable

FTX / $FTT Bitcoin / BTC Binance Coin / $BNB Ethereum / $ETH Expect high volatility in crypto markets over the next couple of months The FTX vs. Binance feud could get ugly FTX owner Sam Bankman-Fried was the second-largest individual donor to Joe Biden in the 2020 election cycle, personally donating $5.2 million He

Money Monday: The Drunken Walk Home

This week is going to be volatile for 2 reasons: And considering it will take a couple days to tally all the election results (we never had a problem with this before??), Thursday is going to be particularly volatile. If the markets are truly a bet on the future, it will be interesting to see if

Wednesday Equities Review: Pay Attention

If you’re paying attention, you would have recalled this chart I shared with you a month ago on October 3rd. The Federal Reserve steers the market, whether we like it or not. Here’s where we are today: Technical analysis and fundamentals all point to the same conclusion. Here are some key takeaways from today’s FOMC

Money Monday: FOMC this Week!

Volatility Incoming: FOMC Meeting is this Wednesday, November 2nd – Jerome Powell is expected to raise rates another 75bps Over $100 billion dollars was added to the crypto market in the last 5 days Ethereum and Dogecoin were clear winners of the market pump leading up to and immediately after Elon Musk buying Twitter on Friday How Markets Will React to FOMC:

Altcoin Thursday: Ethereum Takes the Lead

Almost $100 billion dollars was added to the crypto market Tuesday afternoon These price movements confirm (for now) that the bottom is in for Bitcoin and Ethereum – barring some unexpected news that could cause some turmoil in the markets Algorand / $ALGO On Tuesday morning we looked into Algorand and identified upward momentum And just as expected,

Wednesday Equities: Volatility Incoming

On Monday we looked at the $SPY: I recognized a few things: Old support level at ~$390 could be the new resistance level for the next leg up SPY could peak at ~$390 over the next few days Market may price in Fed rate hikes starting this week (FOMC is next Wednesday) Here’s where we are today: Strong green candles working their

Crypto Tuesday: Depression Phase

What stage are we in right now? This is another example reinforcing my thesis that capitulation has already happened and crypto has entered an accumulation phase Algorand / $ALGO My Strategy: I Dollar Cost Averaged into the “demand zone” and currently enjoying the upward momentum My target for selling is anything above $0.33 Possibility we