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Earnings Ahead
Issue #66
NEWS!
⭐ COMMUNITY TELEGRAM GROUPS ⭐️
Telegram OVERHAUL!
We are improving our Telegram chat! We hope the look and layout will be more user-friendly for our community. Drop us some feedback, and let us know how you like it!
We now use guild.xyz to manage Telegram access. We hope this removes some subscribers' headaches when joining chats and ensures that ONLY paid subscribers are permitted entry.
Instructions for setting up your guild account are HERE on our Telegram page.
Please note: If your subscription has expired, renew now to proceed!
IMPORTANT - It will be important to refresh your guild page periodically to remain in the group! Our team will post when to refresh within the Telegram groups and via the Newsletter! More details below.
We Called It!
ZIL ran up from our suggested entry at 0.02191 to a local high at 0.02456 for 12.09% unleveraged profit potential.
So far, ONE ran up from our entry at 0.01388 to a local high at 0.01986 for a 43.08% profit potential.
Our AMC bids at 4.1 ran up to a local high at 5.05 for a 23.19% profit potential.
Macro Markets
The major market event this week is just FOMC Minutes. While anticipation surrounds the release of the FOMC minutes, it’s widely anticipated that there may not be groundbreaking revelations. The prevailing understanding suggests that the US Federal Reserve is unlikely to implement interest rate cuts in the near future, a stance reaffirmed by Federal Reserve Chairman Jerome Powell earlier this month. Powell emphasized that rate cuts will only be considered once inflation approaches the target of 2%. However, we believe that regardless of that target, we will see a path of 2-3 rate cuts towards year-end as the fed has been giving guidance. This can change if inflation data keeps printing hot and the Fed decides to keep rates higher for longer—more on this in Musing.
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