SPYSPX Beers are losing ground; if SPY crosses 599 with high volume, SPY could reach up to 602, 603 during the last trading hours. The positiveness due to the coming festival season could also help SPY stay above 600 during december. I am still holding my 600 calls and expecting a huge return anytime soon. Thoughts?
SPYSPX I think the market will go up from here. Volume is low, which means no one is interested in selling. Only a few traders are selling, but that is quickly absorbed by the buyers. If volume increases here, I expect more buyers to join, which will help SPY reach 602 today.
BTCUSDT The U.S. announced that the annualized quarterly rate of real GDP in the Q3 was revised to 2.8%, which was expected to be 2.80% and the previous value was 2.80%.
The annualized quarterly rate of the core PCE price index in the Q3 was revised to 2.1%, which was expected to be 2.2% and the previous value was 2.20%.
The number of initial jobless claims in the United States for the week ending November 23 was 213k, which was expected to be 216k.
BTCUSDT the U.S. Court of Appeals ruled that the U.S. Department of the Treasury exceeded its authority by sanctioning Tornado Cash’s immutable smart contracts. The court determined that these smart contracts, created through a "trusted setup ceremony," cannot be owned by any entity, and therefore do not qualify as "property" or "services." The ruling clarifies the boundaries of the Treasury Department and the Office of Foreign Assets Control (OFAC) in digital asset regulation, though it does not imply that other parts of Tornado Cash are not subject to sanctions. The key issue was the smart contracts without administrator keys.
BTCUSDT The Federal Reserve released the minutes of the latest FOMC meeting, suggesting that if the downward progress of inflation stagnates, it will be more cautious about cutting interest rates. Almost all participants believe that the risks to employment and inflation are still roughly balanced
SPXNAS100BTCUSDT Israel has signed the ceasefire deal with Hezbollah. The most incompetent duo is now gone, and the deals were completed and done very quickly. At least we are seeing some good news. They had previously given blank checks to Israel and Russia.