Inflation in Focus

Issue #86

Good morning!

All eyes are on the CPI data that comes out tomorrow (11th July). The baseline expectation is that CPI rose by 0.1% and core CPI by 0.2% for June compared to May. US stock indices continue to make new highs, powered by a few names outperforming the index. Crypto has been severely underperforming due to BTC selling from the German government and anticipation of further selling due to MT Gox and FTX releases. 

This week, our Technical Analysis covers BTC, JUP, TIA, PYTH, ARB, XAI, OM, and RUNE, and on the equity side, we cover TSLA, MSFT, AND LIF. Make sure you stick to the trading plans and wait for opportunities. Finally, we provide updates on crypto ahead of the US election, news from the NFT ecosystem, developments in the AI sector, and a deep dive into TON (Telegram). Enjoy, and stay nimble until we get CPI data!

 We Called It!

  • APT (Pidgeon) - Shorts from last week’s newsletter printed for a whopping 25% unleveraged.

  • BNB (Pidgeon) - Short from a few weeks ago played out beautifully and ran down for a hefty 24% unleveraged.

  • SOL (Daniel) - Front ran SOL trust news. Entry at 135 hit our target of 150.

  • ETSY (Donny) - ETSY Aug 2024 52 PUTS +53% in ~2 weeks with the stock under heavy selling pressure on no news going into the 31 of July earnings release.

Macro Markets



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