ETH/BTC is looking strong.
ETH/USDT is getting closer to a breakout.
All this is happening while $BTC is going sideways.
I think $ETH has the best chance now to rally.
And I wouldn't be surprised if ETH pulls a 30%-40% weekly candle here.
#TON/USDT DAILY BREAKOUT
$TON has broken above the descending trendline with strong momentum — structure favors bulls!
Currently retesting the breakout zone — potential rally ahead! 🚀
🎯 Target 1: $3.964
🎯 Target 2: $4.648
🎯 Target 3: $5.166
Eyes on volume confirmation — this move could be big! 🔥
I upgraded my iPhone a few weeks ago, and this was the first time that I couldn’t tell the difference at all. Zero innovation.
Apple has gone from being a groundbreaking tech leader to something that feels more like a boring utility or consumer staple.
Yet the stock is still trading at an outrageous 30x earnings, despite virtually no growth in revenue or free cash flow over the past three years.
Tech vs. natural resource sectors weight in the S&P 500.
It’s fascinating how the new economy is increasingly reliant on the foundations of the old one.
I wouldn’t underestimate the extent to which AI and emerging technologies will drive demand for large-scale resource development and infrastructure.
🚨Bloody hell:
The delinquency rate on US commercial mortgage-backed securities (CMBS) for offices SURGED to 10.3% in April, near the highest EVER.
Moreover, the multifamily delinquency rate spiked 113bps in April, to 6.57%, the highest since 2015.
CRE crisis is getting worse.
German stocks are leading the way as the week begins. Investors are increasingly willing to pay a premium for strong-performing German equities. Acc to Bloomberg, the Dax now trades at its highest price-to-earnings (P/E) premium over the Stoxx 600 since 2009.
“There could be things that could happen in the US that could make us want to own a lot of other currencies.”
— Buffett
Indeed.
Especially given that the dollar is currently near its most expensive level in history.
Brazilian stocks: A major breakout is in the making, in my view.
Markets are just starting to wake up to the idea that Latin America could be among the biggest beneficiaries of ongoing global trade realignments.
It’s worth emphasizing: By nearly every fundamental metric, Brazilian equities are currently trading near historical lows in valuation.
🚨US excess savings are completely GONE:
From March 2020 until August 2021, $2.1 trillion in excess savings were built up after historic stimulus.
Since then, US households have depleted these savings and even more, which brought the total level down to -$900 BILLION.
Crazy.
With 55% of companies reported, S&P 500 1st quarter operating earnings are up 9% over the prior year, the 9th consecutive quarter of positive YoY growth. $SPX
https://t.co/rQuXrxVpWs
#Microsoft came out on top in the first round of Big Tech earnings under the new Trump term, reclaiming its spot as the most valuable publicly traded company—overtaking Apple. Investors believe Microsoft is in the best position to handle ongoing trade war. https://t.co/hWnIV6fjYY
OOPS! #Eurozone inflation unchanged at 2.2% in April, missing expectations for a move lower. Core CPI accelerates to 2.7% as Services CPI jumps to +3.9%.
Good Morning from Germany, where there's growing speculation that the govt could issue a new 50y federal bond to help finance rising debt.
This talk of a 50y Bund is pushing yields higher at the super long end of the EUR Swap curve. The spread between German 50y- and 30y SWAP has steepened (become less inverted), reaching a new multi-year high.
Following Chancellor Merz's "whatever-it-takes" fiscal stance, the Deutsche Finanzagentur (DFA) will likely need to increase bond issuance significantly starting next year. Commerzbank expects this to include more supply across all maturities, especially in the 10y range — but also potentially through new maturities like 20y or 50y Bunds.
On the weekly timeframe, #EOS has recently broken out of a descending wedge pattern, reclaiming a significant support-turned-resistance zone. The formation of a bullish engulfing candle further confirms this momentum shift.