Podcast and Chill #85
Fed Backs Down; Wen Bulll Market?; Apple's Vision
Today’s Cheat Sheet -
Support and resistance levels and our daily, weekly and monthly bias on BTC, ETH, OIL, ES, and NQ as well as our favorite altcoins.
“On today's episode of Forward Guidance we invite Joseph Wang CIO at Monetary Macro for a discussion on Powell's press conference post FOMC. With Tuesday's CPI report coming in-line with expectations, the Fed Funds rate now rests above the year over year inflation number. The number one question market participants are now asking themselves is will the Fed continue to hike, or is the hiking cycle about to reverse? Luckily, we have the perfect guest to help answer that question, but to hear that, you'll have to tune in!”
“If we keep on following the same pattern Bitcoin should reach between $100,000 and a million in the next cycle, and possibly higher after that. So that is quite bullish.”
“Dan is joined by Deirdre Bosa, host of CNBC’s TechCheck, to discuss the magnificent seven (NVDA, AAPL, MSFT, GOOGL, AMZN, META, TSLA) (2:00), Oracle shares heating up (10:30), Apple’s $3,500 VR headset (16:30), Adobe (25:35), and the AI bubble in the startup world (29:00).”