Macro Caps
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News, analysis and trends shaping global markets.

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๐Ÿšจ๐Ÿ‡บ๐Ÿ‡ธ BREAKING: US Initial Jobless Claims drop at 8:30 AM ET, right before markets open!

โ€ข < 215K โ†’ Markets go parabolic ๐ŸŸฉ
โ€ข ~215K โ†’ Sideways action โฌ›๏ธ
โ€ข > 220K โ†’ Hard dump expected ๐ŸŸฅ

All eyes on the data today! ๐Ÿ“ˆ๐Ÿ‘€
$BTC Technical Analysis ๐Ÿ“Š

Current: $64,200 (-0.7% 24h)
24h High: $65,530
24h Low: $63,900
Weekly: +4% after rebound off $62k support

๐ŸŸฅ Resistance: $65,150 โ†’ $66,000 โ†’ $68k

๐ŸŸฉ Support: $63,700 โ†’ $62,300 โ†’ $60,500 (major)

๐Ÿ‘€ Watch $65k breakout for momentum toward $68k or rejection back to $62k range.
๐Ÿ‡บ๐Ÿ‡ธ INITIAL JOBLESS CLAIMS DATA HAS JUST BEEN OFFICIALLY RELEASED:

EXPECTATIONS: 217,000
ACTUAL: 208,000

This could support the dollar but pressure stocks and crypto if traders expect Fed rate cuts. ๐Ÿ“‰
๐Ÿšจ SpaceX shares $SPCX have crashed 41.1% from their peak, erasing over $1 TRILLION in market value in one of the biggest wealth wipes in history.

Investor sentiment cooling off fast? ๐Ÿ“‰
๐Ÿ‘€๐Ÿ“‰ Burry's doubling down: he's piling into more Nvidia shorts while trimming Oracle puts after that big drop, and snapping up DraftKings shares because his bet there hasn't changed.

He reckons Netflix is way overpriced: "Disney does wine, Netflix does milk" โ€“ and only worth buying below $50, plus he's eyeing cheap Hong Kong stocks like JD.com as the AI glow fades from chips.

Basically, he's calling time on the AI boom and hunting value in what everyone left behind.
Chinese startup Kimi dropped Kimi K3. This 2.8 trillion parameter open model has a huge 1M context window and beats top US models like Claude Fable on coding tasks while costing way less.

Markets freaked out with semis selling off and Nvidia dipping. Another DeepSeek moment? Or will cheap powerful AI just drive even more demand? ๐Ÿ‘€

Weights release July 27. Interesting times ahead.
๐Ÿ“‰๐Ÿ‡บ๐Ÿ‡ธ Elon Musk's net worth drops approximately $500 billion in one month as SpaceX and Tesla shares face post-IPO volatility and market pressures.

The world's richest person now valued at roughly $804 billion per Forbes real-time tracker.
World's Largest Companies by Marketcap ๐Ÿ“ˆ

Top 3:
- Nvidia $NVDA
- Apple $AAPL
- Google $GOOG

https://companiesmarketcap.com/
๐Ÿšจ๐Ÿ‡จ๐Ÿ‡ณ JUST IN: Kimi's parent Moonshot AI advances HK listing preparations amid booming Chinese AI IPO activity in Hong Kong, signalling strong domestic tech momentum.

The move builds on May 2026 plans to dismantle the VIE structure, with the company now valued above $20 billion following a recent $2 billion funding round backed by Alibaba and Tencent.

$NVDA $GOOG $META $SKM $SNDK $BABA
NASDAQ 100 performance since 1999 ๐Ÿ‘‡

1999: +79%๐ŸŸข
2000: -36.1%๐Ÿ”ด
2001: -33.4%๐Ÿ”ด
2002: -37.4%๐Ÿ”ด
2003: +49.7%๐ŸŸข
2004: +10.5%๐ŸŸข
2005: +1.6%๐ŸŸข
2006: +7.1%๐ŸŸข
2007: +19%๐ŸŸข
2008: -41.7%๐Ÿ”ด
2009: +54.7%๐ŸŸข
2010: +19.9%๐ŸŸข
2011: +3.4%๐ŸŸข
2012: +18.1%๐ŸŸข
2013: +36.6%๐ŸŸข
2014: +19.2%๐ŸŸข
2015: +9.5%๐ŸŸข
2016: +7.1%๐ŸŸข
2017: +32.7%๐ŸŸข
2018: -0.1%๐Ÿ”ด
2019: +39%๐ŸŸข
2020: +48.6%๐ŸŸข
2021: +27.4%๐ŸŸข
2022: -32.6%๐Ÿ”ด
2023: +54.9%๐ŸŸข
2024: +25.6%๐ŸŸข
2025: +20.7%๐ŸŸข
2026*: +13.4%๐ŸŸข (So far)
๐Ÿ‡จ๐Ÿ‡ณ๐Ÿฆ China is quietly stacking gold like never before. In May 2026 alone, they snapped up 48 tonnes through London markets, nearly 5x the official 10-tonne report. June saw another big +15t official add, their 20th straight month of buying. ๐Ÿช™

China's central bank gold purchases:

- March: +4.98t | Gold: $5.4k
- April: +8.09t | Gold: $4.6k
- May: +48t | Gold: $4.4k
- June: +14.93t | Gold: $4.2k

Real total this year? Probably closer to 80 tonnes. Central banks playing the long game. ๐Ÿ“ˆ
"Frequently, you'll look at a business having fabulous results. The question is, 'How long can this continue?' There's only one way I know to answer it: think about why the results are occurring nowโ€”and then figure out the forces that could cause those results to stop."

โ€” Charlie Munger
๐Ÿ›ข๐Ÿ“ˆ Oil prices are spiking fast right now. Brent crude has pushed above $91 a barrel after the latest US-Iran strikes seriously disrupted shipping through the Strait of Hormuz. Tanker traffic has dropped sharply, with some days seeing almost no safe passages.

Analysts are warning this could get even tighter if the clashes continue or spread. ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ฎ๐Ÿ‡ท

Markets are feeling the tension, worth keeping a close eye on. ๐Ÿ‘€
Silver prices defy the 'too expensive' narrative once again. ๐Ÿฅˆ๐Ÿ“ˆ

From $23/oz in 2013 and $17/oz in 2016, to $22/oz in 2022 and $40/oz in 2025, silver now trades near $56/oz in July 2026. At every milestone, sceptics called it overvalued. Many expect the same reaction at $150โ€“$250/oz.

What's driving the climb? ๐Ÿ‘€

The silver market is in its sixth consecutive structural deficit, projected at 46 million ounces in 2026. Industrial demand, now over 60% of total consumption, is surging from solar PV, EVs, semiconductors, and AI data centres. Supply remains inelastic, as most silver is a byproduct of other mining. โšก๏ธ

Analysts are bullish: consensus forecasts for 2026 average around $75โ€“$81/oz, with some seeing $85โ€“$100 in strong industrial scenarios. ๐Ÿ‚

Will history repeat with higher prices ahead? ๐Ÿค”
๐Ÿ“Š Crypto ETF Flows : 20 Jul 2026

๐ŸŸข $BTC ETFs : $219.9M
๐ŸŸข $ETH ETFs : $38.0M
๐ŸŸข $SOL ETFs : $2.6M
๐ŸŸข $XRP ETFs : $2.5M
๐ŸŸข $HYPE ETFs : $0.0K

๐ŸŸข Total: $263.0M net inflows yesterday