@AshCrypto Interesting pattern but crypto markets love to break the rules when everyone expects them to follow. Let's see if this time is actually different.
What if that was the highest inflation number we'll see
And chances of rate hikes just keep dropping from here
Just a random thought
Would be super bullish
🚨 ASIAN MARKETS IN A BLOODBATH.
Over $1 trillion gone today across Asian stocks.
• KOSPI: -357 trillion won
• Nikkei: -21 trillion yen
• Shanghai: -0.83 trillion yuan
• Shenzhen: -1.36 trillion yuan
• Hang Seng: -0.44 trillion HKD
• Taiwan: -1.63 trillion TWD
Wheat prices are climbing as US crop conditions hit an all-time low, making people think the USDA will cut its harvest outlook.
Only 25% of winter wheat is rated good or excellent—beating the previous low from 2023. While these ratings matter less now than earlier in the sea
Here's my watchlist for the week starting 6/8:
Futures are up thanks to easing geopolitical worries and more AI investment chatter.
Don't chase those morning gaps. Just wait for PMH or PDH breaks and let the price confirm.
Bullish plays: $NBIS $IREN $GOOGL $AAOI $CRDO $
$SNDK Trade Idea: June 12 1500P
Trigger: 1662 📉
Targets: 1500, 1450 🎯
Stop: 1700 🛑
Dropped from 1861 to 1514 this past week.
If SNDK fails to reclaim 1700 this upcoming week, it can pull back to 1400 on the next leg lower.
Puts can work under 1500 this week.
If SNDK pops up to 1662 and fails to hold this level, puts could also work.
Alaska GOP Senator Dan Sullivan begged voters for $3 gas money last month — but it turns out he’s been dropping tens of thousands in campaign cash on fancy restaurants. (via Daily Mail)
Jensen Huang just gave a huge nod to the memory industry. $MU $DRAM
At NVIDIA’s Korea event, he launched 4 new products and kept stressing one thing: more memory.
• Vera Rubin supercomputers? Need tons of HBM.
• Vera CPUs? More LPDDR5.
• RTX Spark AI PCs? Same.
• N
We’re in one of the greatest investing environments of our lifetime and don’t let anyone tell you otherwise.
If you feel like you didn’t capitalize enough over the last two months, don’t beat yourself up over it.
There’s still plenty of opportunity ahead this summer.
The key is making sure you’re ready when the next window opens.
The biggest opportunities often require you to step outside your comfort zone. Most people hesitate, second guess themselves, or wait until the move is obvious.