Yesterday we had the US CPI report for May, and now this morning it's PPI time. 📊
Analysts expect a 0.7% monthly bump, pushing yearly headline inflation to 6.4% (up from 6.0% in April).
Core PPI is seen creeping up from 5.2% to 5.4% with a 0.5% monthly rise.
#economy#inflat
🚨 CZ ON BITCOIN:
"Bitcoin's not going away anytime soon. No need to freak out."
The Binance boss is pushing back on all the doom and gloom, reminding everyone that BTC has weathered every crash and doubt before.
Short-term ups and downs don't change his view—Bitcoin
Gold is trying to find a floor, with next support around $4,225–4,250. US-Iran peace talks collapsed after renewed military escalation last night. Honestly, I don't think Middle East events will move gold much from here anymore.
Friday had some killer deals. 🔥
$NOK at $15
$NBIS at $200
$CRDO at $200
$HOOD at $80
$KEEL at $5
$AAOI at $170
$LITE at $850
$PENG at $55
$ADEA at $28
So many more too.
Are you buying on Monday?
$SPY
Finally back in a good range—should make for easier trading next week. If we break the neckline at 731.53, we might fill that bear gap to 723.77 and hit our 50ema.
Next week’s gonna be interesting 💸
$SILVER - If it can just hold this level for the whole year, that's a huge win for mining stocks. A diagonal breakout would be the best case scenario for sure.