Usage of the US dollar as a reserve currency is on the decline, per Bloomberg:
$SPDR S&P 500 ETF(SPY.US$$Invesco QQQ Trust(QQQ.US$
$SPDR S&P 500 ETF(SPY.US$$Invesco QQQ Trust(QQQ.US$

Small Cap stocks, specifically the Russell 2000, just experienced their most explosive rally EVER on Wednesday after finishing the trading day 3.75 standard deviations above the 50 Day Moving Average
$S&P 500 index(.SPX.US$$SPDR S&P 500 ETF(SPY.US$
$S&P 500 index(.SPX.US$$SPDR S&P 500 ETF(SPY.US$

old Micheal
liked
2023 is on track to be the 3rd best year EVER for Buy-The-Dip strategies
$SPDR S&P 500 ETF(SPY.US$$Invesco QQQ Trust(QQQ.US$
$SPDR S&P 500 ETF(SPY.US$$Invesco QQQ Trust(QQQ.US$

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Stock Market Fear & Greed Index = 76 (Extreme Greed)
$ProShares UltraPro Short QQQ ETF(SQQQ.US$$Invesco QQQ Trust(QQQ.US$
$ProShares UltraPro Short QQQ ETF(SQQQ.US$$Invesco QQQ Trust(QQQ.US$

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old Micheal
liked
Below are the currently expected decisions for the 5 remaining FOMC meetings of 2023. 
For context, this is what the Fed futures market has currently priced in. These values will almost certainly change as new economic data comes in.
$SPDR S&P 500 ETF(SPY.US$$Invesco QQQ Trust(QQQ.US$$S&P 500 index(.SPX.US$$Dow Jones Industrial Average(.DJI.US$$Nasdaq Composite Index(.IXIC.US$

For context, this is what the Fed futures market has currently priced in. These values will almost certainly change as new economic data comes in.
$SPDR S&P 500 ETF(SPY.US$$Invesco QQQ Trust(QQQ.US$$S&P 500 index(.SPX.US$$Dow Jones Industrial Average(.DJI.US$$Nasdaq Composite Index(.IXIC.US$

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Stock Market Fear & Greed Index = 75 (Extreme Greed)
$SPDR S&P 500 ETF(SPY.US$$Invesco QQQ Trust(QQQ.US$
$SPDR S&P 500 ETF(SPY.US$$Invesco QQQ Trust(QQQ.US$

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old Micheal
liked
A hard landing is coming warns billionaire investor Stanley Druckenmiller who believes that the Silicon Valley Bank failure was just the tip of the iceberg
$SPDR S&P 500 ETF(SPY.US$$Invesco QQQ Trust(QQQ.US$$Nasdaq Composite Index(.IXIC.US$$Dow Jones Industrial Average(.DJI.US$$S&P 500 index(.SPX.US$
$SPDR S&P 500 ETF(SPY.US$$Invesco QQQ Trust(QQQ.US$$Nasdaq Composite Index(.IXIC.US$$Dow Jones Industrial Average(.DJI.US$$S&P 500 index(.SPX.US$

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old Micheal
voted
Is there any contradiction in employment data? Do you support continuing the rate hike or supporting the new high of US stocks?
Last Friday, the non-farm payrolls data released by the US Department of Labor was obviously off the charts. In May, the number of new non-farm payrolls in the United States was 339,000, almost double the median market expectation of 195,000. At the same time, the non-agricultural employment data in March and April was significantly revised, and the number of new non-agr...



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