$RKT looked ready for a breakout attempt last week but the merger news with Mr. Cooper Group clearly wasn't well received by the market and dropped 4 days in a row to retest the Aug 1st PEG candle lows.
**The first few days following merger or acquisition news can be a tempestuous period as the market digests this massive company development**
I don't have a position in $RKT yet but will be watching it tomorrow for a potential reversal candle to form at these current levels. Looks quite oversold short term. This current area would be a good spot for a reversal/bounce to begin
$RKT - Main focus going into next week..
Watching for a flush of $20 to stop out longs then a push higher for a close with some form of reversal candlestick before breaking to the upside!
An insane 50% short float tells me they want to get out of this position especially after seeing the squeezes in the quantum computing sector.
Low risk with potential for huge upside🔥
49 cities. 17 states. All in 108 days.
The future of real estate is here with Cash Plus as Opendoor becomes the platform with the most ways to sell. And we're only just getting started.
$RKT 🐳 ALERT 🚨
🚨At 11:59 am this morning some 🐳 picked up $26.8M worth of $RKT shares 🚨
👀Interesting trade ahead of the fed announcement this afternoon 👀
The new $OPEN CEO was just COO at Shopify (worth $186B)
He was in line to be the next CEO
Shopify revolutionized e-commerce
He chose to leave that company and instead be CEO at $6.5B $OPEN
And he’s working for free until the stock is $33
Think it’ll hit $33?
$AMD MI400 series & @sama@OpenAI
Sam Alman praised MI400 series GPUs and MI450, and stated
“The memory architecture is great for inference [and] for training as well.” and a "Game changer" for frontier AI Models
Ok we have @elonmusk@xai , Mark Zuckerberg $META, Sam Alman @OpenAI , Tareq Amin( @humain CEO of Saudi), @satyanadella $MSFT, @ajassy $AMZN, @larryellison $ORCL and many CEOs from large to small provided positive feedbacks on MI400 series rack solution, which is expected to deliver up to 10x inference performance over piror generations.
And short sellers/bears are still beating down on $AMD H2 2025 and 2026?
AMD will hit new ATH before year end.
Not Financial Advice!
BREAKING: US CPI JUST CAME IN AT EXPECTATIONS 🚨
Expected: 2.9%
Actual: 2.9%
This was the number markets were waiting for.
Why it matters 👇
✦ Jobs market is already weakening (Payrolls revised down by 911,000, unemployment at 4.3%).
✦ PPI and Core PPI already cooled sharply below expectations yesterday.
✦ CPI matching expectations confirms inflation isn’t re-accelerating and will cool down further as PPI is dropping.
What this means:
➜ The Fed is still on track to cut rates in September, most likely 25bps.
➜ Markets won’t see panic, as the easing cycle is still beginning.
For Bitcoin and crypto 📈:
A confirmed rate cut path means liquidity will slowly start to expand.
Stocks rally first, but Bitcoin tends to run faster once cuts begin.
Alts may lag until BTC sets new highs, but CPI in line keeps the bullish cycle intact.
This isn’t the explosive signal like a lower CPI, but it’s still confirmation the Fed is moving toward easing and that supports the bull market into Q4 2025.
$COIN is up 40% over the last 6 months.
Favorable U.S. laws should grow institutional revenue long-term.
Right now, it’s just 5.3% of total revenue.
The deeper I dig, the more interesting it becomes.
Are you bullish on Coinbase?