Forwarded from Poseidon Calls
Future Plans
In this bad market with no new liquidity flowing into memecoins we decided to double down on reddit marketing. Instead of building projects on our own we will be supporting other tokens helping them gain tons exposure on reddit.
If you are interested in gaining a extra buck for raiding we opened a group just for that. Requirements are a 3 months old & working reddit account with a minimum of 1k karma.
Join here if interested: @redditcabal
In this bad market with no new liquidity flowing into memecoins we decided to double down on reddit marketing. Instead of building projects on our own we will be supporting other tokens helping them gain tons exposure on reddit.
If you are interested in gaining a extra buck for raiding we opened a group just for that. Requirements are a 3 months old & working reddit account with a minimum of 1k karma.
Join here if interested: @redditcabal
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US CPI data will be announced in 10 minutes.
Hoping for the expected numbers or lower than 2.8%, making the september FED rate cuts that much more likely.
Hoping for the expected numbers or lower than 2.8%, making the september FED rate cuts that much more likely.
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2.7% which is good, but unfortunately the core CPI (CPI with food and energy removed) is higher than expected which isnβt optimal and puts the FED is a tough spot.
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Fed might be in a tough spot but I guess us degens couldnt care less lol
ETH 4,400$
ETH 4,400$
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Another big deciding week ahead for us. the market is pessimistic right now on whether positive news will come
- Wednesday we got the FOMC insights
- Thursday through to Saturday is key with the Speech of our lovely baby boy Powell
- We also got the jobless claim numbers and earning from retailers like Walmart and Target which will show the effects of the tariffs
hoping some magic happensπͺ
- Wednesday we got the FOMC insights
- Thursday through to Saturday is key with the Speech of our lovely baby boy Powell
- We also got the jobless claim numbers and earning from retailers like Walmart and Target which will show the effects of the tariffs
hoping some magic happens
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FED is playing some strange games.
First they hint at us that rates might not be cut by saying inflation is more important to them than the unemployment rates (no rate cuts better for lowering inflation), leading to the dip.
Now Powell is saying rate cuts might be warranted, leading to a big spike.
seems like the rate cuts are back on the table, big time.
First they hint at us that rates might not be cut by saying inflation is more important to them than the unemployment rates (no rate cuts better for lowering inflation), leading to the dip.
Now Powell is saying rate cuts might be warranted, leading to a big spike.
seems like the rate cuts are back on the table, big time.
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BNB new ATH of 900, Eth up 14% and 100% volume increase in 24h, everything else up 10%+, short traders getting penetrated from behind.
People clearly have money waiting to be thrown at the market.
IF rates are cut and everything goes well, we will see a big fat bullrun and none uf us will be monetarily challenged anymore.
touch wood and donβt jinx it.
People clearly have money waiting to be thrown at the market.
IF rates are cut and everything goes well, we will see a big fat bullrun and none uf us will be monetarily challenged anymore.
touch wood and donβt jinx it.
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Another important day for the rate cut fanatics
Today is Payroll day. Weβll be hearing how many job were added/lost in August.
Expectations are ~ 70,000 - 100,000 added. If lower than expectations rate cuts 100% inbound.
Today is Payroll day. Weβll be hearing how many job were added/lost in August.
Expectations are ~ 70,000 - 100,000 added. If lower than expectations rate cuts 100% inbound.
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22,000 added in August far bellow expectationsβ¦
unemployment rate also rose a little
US labor market is in shambles
unemployment rate also rose a little
US labor market is in shambles
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