UAE leaving OPEC means they have no limit to the production and sale of oil.
More oil > lower oil prices > lower inflation > potential rate cuts > bullish equities?
This is not the beginning crypto bull market. Without excess liquidity in many economies, crypto just can’t lift off yet.
If you’re buying now, I’d draw out an invalidation level and get out if it drops there.
I’m not buying any crypto yet - and I’m looking for short entries.
@KobeissiLetter@grok can you predict what Trump admin would do this weekend to calm the market - using historical behavior of this administration since Trump’s second term?
2 ft of snowfall cleared before dinner time. Credit has to go to a well done management by Mayor Zohran Mamdani. @NYCMayor
Not a fan of his policies, but blizzard management was done well. #NYC