Bitcoin pioneer Charlie Shrem peels back the layers on the lives and backgrounds of the world's most impactful innovators. Centering around intimate narratives, Shrem uncovers a detailed, previously unspoken story of the genesis and evolution of bitcoin, cryptocurrency, artificial intelligence, and the web3 movements. Join Shrem as he journeys through the uncharted territories of tech revolutions, revealing the human side of the stories that shaped the digital world we live in today.
…
continue reading
Content provided by Kerry Lutz. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kerry Lutz or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!
Go offline with the Player FM app!
Another Quiet Summer Monday — Nick Santiago 7-24-23 #511
MP3•Episode home
Manage episode 372078130 series 3281026
Content provided by Kerry Lutz. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kerry Lutz or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
1. The major indexes are starting out the day with a minor rally. Generally, Monday trading sessions in the summer are usually light volume buoyant days. That looks to be what we have today.
2. This coming Wednesday is the highly anticipated FOMC rate decision. This time around it looks as if the Fed will raise rates by 25 basis points. This hike is baked into the cake already so the verbiage will be important.
Currently, the fed funds rate is around 5.0% - 5.25%. This is above the 2-year note yield which is currently at 4.85%. Should the 2-year yield catch up to the fed funds rate or surpass it then that is when the big problems come for the stock market. Right now, the markets seem convinced that the Fed will pause or even cut rates soon. I do not believe that will be the case if that 2-year yield spikes again.
3. Earnings season heats up this week. There will be earnings releases from MSFT, GOOG and META. Besides this mega-cap stock there are also lots of important names reporting. Buckle up! $TLSA has had an amazing run. Buy the rumor and sell the news just like AAPL
4. Natgas has turned the corner and heading to over $3. Daily and weekly charts are showing accumulation by the boys.
5. Gold is slightly higher this morning and silver is slightly lower. The US Dollar Index has caught a bid over the past week so that looks to have stalled out the precious metals run.
6. Bitcoin futures are selling off today trading lower by 2.2% to $29,210. It should be noted that the commercial money cut a huge portion of their long position. Now the commercial money is just slightly long vs short. This is a major change from last week's COT report. remember, the commercial money is always right at some point.
…
continue reading
2. This coming Wednesday is the highly anticipated FOMC rate decision. This time around it looks as if the Fed will raise rates by 25 basis points. This hike is baked into the cake already so the verbiage will be important.
Currently, the fed funds rate is around 5.0% - 5.25%. This is above the 2-year note yield which is currently at 4.85%. Should the 2-year yield catch up to the fed funds rate or surpass it then that is when the big problems come for the stock market. Right now, the markets seem convinced that the Fed will pause or even cut rates soon. I do not believe that will be the case if that 2-year yield spikes again.
3. Earnings season heats up this week. There will be earnings releases from MSFT, GOOG and META. Besides this mega-cap stock there are also lots of important names reporting. Buckle up! $TLSA has had an amazing run. Buy the rumor and sell the news just like AAPL
4. Natgas has turned the corner and heading to over $3. Daily and weekly charts are showing accumulation by the boys.
5. Gold is slightly higher this morning and silver is slightly lower. The US Dollar Index has caught a bid over the past week so that looks to have stalled out the precious metals run.
6. Bitcoin futures are selling off today trading lower by 2.2% to $29,210. It should be noted that the commercial money cut a huge portion of their long position. Now the commercial money is just slightly long vs short. This is a major change from last week's COT report. remember, the commercial money is always right at some point.
558 episodes
MP3•Episode home
Manage episode 372078130 series 3281026
Content provided by Kerry Lutz. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kerry Lutz or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
1. The major indexes are starting out the day with a minor rally. Generally, Monday trading sessions in the summer are usually light volume buoyant days. That looks to be what we have today.
2. This coming Wednesday is the highly anticipated FOMC rate decision. This time around it looks as if the Fed will raise rates by 25 basis points. This hike is baked into the cake already so the verbiage will be important.
Currently, the fed funds rate is around 5.0% - 5.25%. This is above the 2-year note yield which is currently at 4.85%. Should the 2-year yield catch up to the fed funds rate or surpass it then that is when the big problems come for the stock market. Right now, the markets seem convinced that the Fed will pause or even cut rates soon. I do not believe that will be the case if that 2-year yield spikes again.
3. Earnings season heats up this week. There will be earnings releases from MSFT, GOOG and META. Besides this mega-cap stock there are also lots of important names reporting. Buckle up! $TLSA has had an amazing run. Buy the rumor and sell the news just like AAPL
4. Natgas has turned the corner and heading to over $3. Daily and weekly charts are showing accumulation by the boys.
5. Gold is slightly higher this morning and silver is slightly lower. The US Dollar Index has caught a bid over the past week so that looks to have stalled out the precious metals run.
6. Bitcoin futures are selling off today trading lower by 2.2% to $29,210. It should be noted that the commercial money cut a huge portion of their long position. Now the commercial money is just slightly long vs short. This is a major change from last week's COT report. remember, the commercial money is always right at some point.
…
continue reading
2. This coming Wednesday is the highly anticipated FOMC rate decision. This time around it looks as if the Fed will raise rates by 25 basis points. This hike is baked into the cake already so the verbiage will be important.
Currently, the fed funds rate is around 5.0% - 5.25%. This is above the 2-year note yield which is currently at 4.85%. Should the 2-year yield catch up to the fed funds rate or surpass it then that is when the big problems come for the stock market. Right now, the markets seem convinced that the Fed will pause or even cut rates soon. I do not believe that will be the case if that 2-year yield spikes again.
3. Earnings season heats up this week. There will be earnings releases from MSFT, GOOG and META. Besides this mega-cap stock there are also lots of important names reporting. Buckle up! $TLSA has had an amazing run. Buy the rumor and sell the news just like AAPL
4. Natgas has turned the corner and heading to over $3. Daily and weekly charts are showing accumulation by the boys.
5. Gold is slightly higher this morning and silver is slightly lower. The US Dollar Index has caught a bid over the past week so that looks to have stalled out the precious metals run.
6. Bitcoin futures are selling off today trading lower by 2.2% to $29,210. It should be noted that the commercial money cut a huge portion of their long position. Now the commercial money is just slightly long vs short. This is a major change from last week's COT report. remember, the commercial money is always right at some point.
558 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.