$USGDPQQ -US Economy Slows More than ExpectedECONOMICS:USGDPQQ 2.3%
(Q4/2024)
source: U.S. Bureau of Economic Analysis
- The US economy expanded an annualized 2.3% in Q4 2024, the slowest growth in three quarters, down from 3.1% in Q3 and forecasts of 2.6%.
Personal consumption remained the main driver of growth, but fixed investment and exports contracted.
Considering full 2024, the economy advanced 2.8%.
Unitedstates
#UNI/USDT Ready to launch upwards#UNI
The price is moving in a descending channel on the 4-hour frame and is adhering to it well and is heading to break it strongly upwards
We have a bounce from the lower limit of the descending channel, this support is at a price of 10.23
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 11.80
First target 12.78
Second target 14.11
Third target 15.75
TradeCityPro | TRUMPUSDT Strategy to Drive Capital into Altcoins👋 Welcome to TradeCityPro Channel!
Let's dive into this recent development where the current U.S. president has launched his official meme coin, along with his wife’s official meme coin. We’ll explore the technical and fundamental aspects of this topic.
🎤 Inauguration Summary
Before starting today’s analysis, let’s briefly review the key points from the inauguration speech:
Economy & Entrepreneurship :
Trump emphasized the need to strengthen the U.S. economy, cut taxes for businesses, and support entrepreneurship, with the goal of creating more job opportunities and boosting the economy.
National Security:
Trump stressed the importance of protecting the country's security and addressing both internal and external threats, including terrorism and cyberattacks, pledging to strengthen the U.S. military and intelligence forces.
Individual Freedoms:
Trump talked about protecting individual freedoms and reinforcing the rights of American citizens. He promised that his administration would support individuals' rights and civil liberties.
Immigration & Borders:
One of the key issues Trump highlighted was immigration. He called for stronger U.S. borders and stricter laws on illegal immigration.
📉 15-Minute Chart
Looking at the 15-minute chart, there’s limited data for technical analysis, so it’s hard to draw any conclusions. Binance currently has the best chart for this coin.
Last night, coinciding with the inauguration, we saw a 46% correction on the 1-hour candle, which led to the liquidation of many positions. It’s safe to say most futures positions got liquidated.
For now, I’m not planning to buy or enter a position on this coin. However, if you are interested in purchasing, I would suggest waiting for a breakout above 61.71, and I recommend exiting below 43.97.
The tokenomics of this project are risky, and I believe there are other reasons why Trump introduced it.
🚀 The Bigger Picture
From my perspective, this move is quite beneficial for the cryptocurrency industry. It shifts the focus from just Bitcoin to altcoins, encouraging investors to diversify into them.
Additionally, because this coin can only be purchased with fiat or on the Solana network, it has led to the entry of a new wave of users into the crypto market. This could continue, much like the hamster trend or Telegram bots.
In terms of market capitalization, this coin performed remarkably well, reaching the 13th position and becoming the second-largest meme coin. It’s currently ranked 4th in 24-hour trading volume, which could be a good opportunity if you're looking to generate liquidity.
🔒 Tokenomics and Network Performance
From a tokenomics standpoint, the coin is a bit weak, as 80% of the tokens are held by the project team, including Mr. Trump. Soon, 40% of these tokens will be unlocked, which will likely create significant selling pressure. However, in terms of market cap, its performance has been extraordinary.
I also have some criticism regarding the Solana network. Despite being a crypto enthusiast, Solana's network outages and performance issues in transactions show that the crypto space is still not ready for high transaction volumes. The industry needs to find a way to simplify networks and tokens so that ordinary users can easily enter the market.
📊 Capital Management Advice
If you want to be part of this space and invest in this coin or other meme coins, it’s crucial to follow strict capital management rules:
Avoid Futures Trading:
Due to the high volatility of these coins, you’ll almost certainly get liquidated if you trade futures.
Be Realistic:
Don’t expect to become rich overnight. Avoid using money you can’t afford to lose never invest money from selling your car or house.
HODL with Caution:
If you plan to hold this token, make sure the amount you invest is money you can afford to lose. The amount will vary depending on your lifestyle.
Verify Contract Addresses:
Always double-check the contract address or the exchange. Social media trends can lead to scams, and scammers may try to sell you fake tokens that will never return your money.
Be Mindful of FOMO:
While Trump’s token has increased by 5000% recently, it’s unlikely that it will turn $50 into $1000 right now. For that to happen, the market cap would need to increase by 20 times, which is highly unlikely. So, be cautious about the FOMO in the social media space.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
$USIRYYY -U.S Inflation Rate (December/2024)ECONOMICS:USIRYY
December/2024
source: U.S. Bureau of Labor Statistics
-The annual inflation rate in the US accelerated for the third consecutive month to 2.9% in December, as expected.
On a monthly basis, the CPI rose by 0.4%, exceeding expectations of 0.3%.
However, annual core inflation slightly decreased to 3.2% from 3.3%, below the anticipated 3.3%. The monthly core rate also eased to 0.2% from 0.3%, in line with expectations.
$USGDPQQ -U.S GDP (Q3/2024)ECONOMICS:USGDPQQ
(Q3/2024)
source: U.S. Bureau of Economic Analysis
- The US economy expanded an annualized 3.1% in Q3, higher than 2.8% in the 2nd estimate and above 3% in Q2.
The update primarily reflected upward revisions to exports and consumer spending that were partly offset by a downward revision to private inventory investment.
Imports, which are a subtraction in the calculation of GDP, were revised up.
$USIRYY -U.S CPI (November/2024)ECONOMICS:USIRYY
(November/2024)
source: U.S. Bureau of Labor Statistics
"US Inflation Rate Rises to 2.7%, Matching Expectations "
-The annual inflation rate in the US rose to 2.7% in November,
from 2.6% in October and matching markets expectations pushed up by food cost.
On a monthly basis, the CPI increased by 0.3%, the most since April, slightly above October's 0.2%, driven mostly by higher prices of shelter.
$USCPCEPIMM -U.S PCE (October/2024)ECONOMICS:USCPCEPIMM
October/2024
source: U.S. Bureau of Economic Analysis
-The US core PCE price index, the Federal Reserve’s preferred gauge to measure underlying inflation, rose by 0.3% from the previous month in October 2024, the same pace as in September and matching market forecasts.
Service prices rose by 0.4%, while goods prices decreased 0.1%. Year-on-year, core PCE prices rose by 2.8% in October, the most in six months, also in line with market estimates.
$USIRYY -U.S CPI (October/2024)ECONOMICS:USIRYY @2.6%
(October/2024)
source: U.S. Bureau of Labor Statistics
- US Inflation Rate Picks Up
The annual inflation rate in the US increased to 2.6% in October,
from 2.4% in September and in line with market expectations.
On a monthly basis, CPI rise by 0.2%, consistent with the previous three months with shelter index up 0.4%, accounting for over half of the monthly increase.
Meanwhile, core inflation stayed at 3.3% annually and 0.3% monthly.
$USINTR -Feds Cuts RatesECONOMICS:USINTR
(November/2024)
source: Federal Reserve
-The Fed lowered the federal funds target range by 25 basis points to 4.5%-4.75% at its November 2024 meeting, following a jumbo 50 basis point cut in September, in line with expectations.
Policymakers reiterated their previous message that they will carefully assess incoming data, the evolving outlook, and the balance of risks when considering additional adjustments to borrowing costs.
On the economic front, the Fed noted that recent indicators suggest that economic activity has continued to expand at a solid pace.
Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low.
Inflation has made progress toward the 2% objective but remains somewhat elevated.
However, officials removed a reference they had “gained greater confidence” that inflation is moving toward the target.
EURUSD 3/11/24This week, our bias on the Euro has shifted from short to long. This change is based on observing a shift in the higher time frame structure, as institutions appear to be showing interest in buying. Whether this move will be short-term or long-term remains to be seen. We’ll watch the price action in the first sessions of the week to get a clearer idea.
Please note, this analysis follows the same principles and bias approach as always. Currently, there are no unmitigated demand areas on the 4-hour chart, and only a short-term supply area has formed. The area of demand we’ve highlighted is present only on the 1-hour chart, making it more of a smaller time frame reference than a higher one. We’ve marked key liquidity levels, which will serve as our reference points for potential upward movement this week.
If the price interacts with the 1-hour demand area, we’ll aim for the high at the top of the current range. While I’m ultimately looking for a longer-term upward move, a pullback beforehand is possible.
Stick to your plan and manage your risk.
-United States PCE (October/2024)$USCPCEPEPIMM 0.3%
(October/2024)
source: U.S. Bureau of Economic Analysis
-The US core PCE price index, the Federal Reserve’s preferred gauge to measure underlying inflation, rose by 0.3% from the previous month in September of 2024, the highest gain in five months, following an upwardly revised 0.2% increase in August, matching market forecasts. Service prices rose by 0.3%, while goods prices decreased 0.1%.
Year-on-Year, core PCE prices rose 2.7%, the same as in August, but above forecasts of 2.6%. source: U.S. Bureau of Economic Analysis
$USGDPQQ -U.S GDP (Q3/2024)ECONOMICS:USGDPQQ 2.8%
Q3/2024
source: U.S. Bureau of Economic Analysis
-The US economy expanded an annualized 2.8% in Q3 2024,
below 3% in Q2 and forecasts of 3%, the advance estimate from the BEA showed.
Personal spending increased at the fastest pace since Q1 2023 (3.7% vs 2.8% in Q2),
boosted by a 6% surge in consumption of goods (6% vs 3%) and a robust spending on services (2.6% vs 2.7%), mostly prescription drugs, motor vehicles and parts, outpatient services and food services and accommodations.
Government consumption also rose more (5% vs 3.1%), led by defense spending.
In addition, the contribution from net trade was less negative (-0.56 pp vs -0.9 pp), with both exports (8.9% vs 1%) and imports (11.2% vs 7.6%) soaring, led by capital goods, excluding autos. On the other hand, private inventories dragged 0.17 pp from the growth, after adding 1.05 pp in Q2.
Also, fixed investment slowed (1.3% vs 2.3%), led by a decline in structures (-4% vs 0.2%) and residential investment (-5.1% vs -2.8%).
Investment in equipment however, soared (11.1% vs 9.8%).
Are You Seeing This?If being on the gold standard made the U.S. Debt-to-GDP ratio get better, then what will make the Debt-to-GDP even out now? Particularly since we're probably not going back to the gold standard. What asset can the U.S. peg the U.S. Dollar to make the Debt-to-GDP even out or decline?
Or, will the U.S. just letting the debt continue without being checked? The great part about the U.S. is their "beautiful deleveraging" and reflation. It's great to the have fighting in the corner of the U.S.
It gets bumpy, but just hold on tight. There is more to come. Can't wait to see how this plays out.
#RayDalio
#GoldStandard
#BeautifulDeleveraging
#BumpyRide
#WhatsNext
#ATJX $ATJX
$USSIRY -U.S CPI (September/2024)ECONOMICS:USIRYY
US Inflation Rate Slows Less Than Expected
source: U.S. Bureau of Labor Statistics
-The annual inflation rate in the US slowed to 2.4% in September,
the lowest since February 2021 but surpassing market expectations of 2.3%.
Compared to the previous month, the CPI increased by 0.2%, the same as in August.
Meanwhile, annual core inflation unexpectedly rose to 3.3%, while the monthly gauge remined at 0.3%.
$USINTR -Fed Cuts Rates by 50 BPS ECONOMICS:USINTR
- The Federal Reserve lowered its benchmark interest rate by 50bps to 4.75%-5% in light of the progress on inflation and the balance of risks.
It is the first rate cut since March 2020 after holding it for more than a year at its highest level in two decades.
Will Feds decision of cutting 50bps tumble the markets in spite of fear for U.S and Global Markets indicating Recession brewing around the corner ?
$USIRYY -U.S Inflation Rate Falls to 2.5%- The annual inflation rate in the US slowed for a 5th consecutive month to 2.5% in August, the lowest since February 2021 and below market expectations of 2.6%.
Compared to the previous month, the CPI rose 0.2%, the same as in July, and matching forecasts.
Meanwhile, annual core inflation steadied at an over 3-year low of 3.2% but the monthly gauge edged up to 0.3%, above forecasts of 0.2%.
source: U.S. Bureau of Labor Statistics
T. Rowe Price Analysis 9/10Disclosure: As of 09/10/2024 I am long T. Rowe Price shares ticker NASDAQ:TROW
T. Rowe Price is an investment management company operating in the mutual funds, retirement plans, and investment management business areas.
Management Effectiveness: T. Rowe Price has been around for many years and management has consistently managed to grow assets under management, and provide good returns for the firm as well as their clients.
The company's return on assets is very good, never dropping below 10% even in the financial crisis of 2008. The company has minimal debt, and an excellent balance sheet. With a business like this the concern is valuation, all the fundamentals and the trend of growing assets as workers contribute to retirement plans will continue well into the future.
With a company like this a very long holding period should be expected. As a holding in a retirement, or tax advantaged account T. Rowe Price is very attractive at the right valuations. The idea is to let the earnings compound over a period of decades. Please keep this in mind if you decide to add this company to your portfolio.
Looking at the current valuations the combined earnings and dividend yield is nearly 13%. With stable revenue growth, asset growth, and very little downside in the way of tail risks this business is a buy for me at anything below $110 per share. My personal expected return on this is between 15%-17% annually with a holding period of 20-50 years to allow the returns to compound internally with the business.
$USNFP -U.S Non-Farm Payrolls (MoM)$YSNFP (AUGUST/2024)
US Economy Adds Fewer Jobs Than Expected
source: U.S. Bureau of Labor Statistics
- The US economy created 142K jobs in August, more than downwardly revised 89K in July but below market expectations of 160K.
Most job gains occurred in construction and health care while manufacturing employment declined.
Meanwhile, the jobless rate edged lower to 4.2% from 4.3% in July.
$USJO (MoM)ECONOMICS:USJO U.S Job Openings Down to 2021-Lows
source: U.S. Bureau of Labor Statistics
The number of Job Openings fell by 237K to 7.673 million in July 2024,
the lowest level since January 2021, compared to a downwardly revised 7.91 million in June, and well below market forecasts of 8.1 million.
Job openings decreased the most in health care and social assistance; transportation, warehousing, and utilities; and state and local government.
$DXY - Bottom Range Bound BreachedThe Dollar Index TVC:DXY has breached a pretty serious
level ;
the bottom range bound which has previously acted as
strong support for TVC:DXY to bounce.
Will this time be the same and this will result in a fake-out?
Or will TVC:DXY headed lower, re-visiting pre-pandemic levels?
Check out the previous released ideas linked below
for more in depth information regarding our journey
'Decisive Move Around the Corner' (line chart)
(candlesticks chart)
TRADE SAFE
NOTE that this is not Financial Advice !
Please do your own research before partaking upon
any trading activity based solely on this idea.
$DXY -Decisive Move Around the Corner !!! Dollar Index TVC:DXY on the cusp of making a major move TA speaking ;
(100.8 or 110)
- To the upside starting currently by jumping at 200EMA and breaking recent highs within pattern while facing strong resistance just above on Range Ceiling(105) and last Highs of 107(ChoCh).
- Either falling off a cliff headed in to re-visiting Range Bottom of 100.82 (Swing/Positioning)
Fundamentally speaking ;
Would be a great move to the Upside for TVC:DXY Fundamentally speaking,
resulting so on SHORTING anti-correlated assets, such as EUR/USD and other FX pairs.
Must be time for TVC:DXY to strengthen even more, makes sense ,,
otherwise Recession is just ahead !
On headlines ,
CPI ECONOMICS:USIRYY is coming lower,
with economists awaiting Fed Cuts ECONOMICS:USINTR cuts by end year.
However, worth mentioning is that wealth hedges such as TVC:GOLD continues to be stocked up in piles of tonnes from China ECONOMICS:CNGRES and not only;
China's Wealthy Class is also in the process of purchasing pure physical Gold
*** NOTE
This is not Financial Advice !
Please do your own research with your own diligence and
consult your own Financial Advisor
before partaking on any trading activity
with your hard earned money based solely on this Idea.
Ideas being released are published for my own trading speculation and
journaling needed to be clear on different asset classes price action.