The Week Ahead: infinityhedge

Mon/2:
*Saylor expected to announce another BTC purchase
*Fed Chair Powell Speaks at 1:00 p.m
*10-Year JGB Auction

Tue/3: Taco Tuesday?
*U.S. ISM Manufacturing PMI

Wed/4:
*U.S. April trade balance
*Circle IPO is expected to be priced

Thu/5: U.S. Initial Jobless Claims

Fri/6: U.S. Nonfarm Payrolls (May): .

Sat/7: China Gold Reserves

TBA/Whole Week:
*Trump to talk with Chinese President Xi Jinping; China has reportedly been slow in approving export licenses for rare earth minerals as US Warns That Using Huawei AI Chip ‘Anywhere’ Breaks Its Rules; then US announced it Planned Wider China Tech Sanctions With Subsidiary Crackdown so China accused the US of violating their recent trade deal and dimming the prospect of an immediate leadership call.
*Ukraine and Russia to Meet for Second Round of Talks as Attacks Escalate
*FTX repayments starting with over $5B in cash and stablecoins to be sent to creditors within this week via BitGo and Kraken.

#GE given in the training group

#ZS given in the training group yesterday

#CRWD given in training group

#VST now $168+. Modifying stop loss below $150

#CEG now $313. Modifying stop loss below $286

US EXTENDS TARIFF PAUSE ON SOME CHINESE GOODS TO AUGUST 31

#CEG up by 15%. Now trading at $356. Cheers....

#VST now up by more than 5%. Now trading at $177. Cheers.....

#PEG given in training group

#BA $214.70, Buying 50% here and 50% at $198 target $267, $310 and $350 stop loss below $180

US JOLTS JOB OPENINGS APR: 7.391M (EST 7.100M; PREV7.192M; PREV R 7.200M)
- JOB OPENINGS RATE: 4.4% (PREV 4.3%)
- QUITS LEVEL: 3.194M (EST 3.271M; PREV 3.332M; PREV R 3.344M)
- QUITS RATE: 2.0% (PREV 2.1%)
- LAYOFFS LEVEL: 1.786M (EST 1.614M; PREV 1.558M; PREV R 1.590M)
- LAYOFFS RATE: 1.1% (PREV 1.0%)
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US FACTORY ORDERS (M/M) APR: -3.7% (EST -3.2%; PREV3.4%)
- FACTORY ORDERS EX-TRANS (M/M): -0.5% (EST 0.2%; PREV R -0.5)

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US DURABLE GOODS ORDERS (M/M) APR F: -6.3% (EST -6.3%; PREV-6.3%)
- DURABLES EX TRANSPORTATION (M/M): 0.2% (EST 0.2%; PREV0.2%)
- CAP GOODS ORDERS NONDEF EX AIR (M/M): -1.5% (EST -1.3%; PREV -1.3%)
- CAP GOODS SHIP NONDEF EX AIR (M/M): -0.1% (EST -0.1%; PREV-0.1%)

FED’S BOSTIC: STILL SEES POSSIBLE PATH TO ONE RATE CUT THIS YEAR, DEPENDS ON ECONOMY
- BEST APPROACH TO MONETARY POLICY NOW ENTAILS 'PATIENCE'
- GIVEN ‘HEALTHY’ ECONOMY, HAVE TIME TO SEE HOW UNCERTAINTY RESOLVES
- 'I AM IN NO HURRY TO ADJUST OUR POLICY STANCE'
- NEED TO SEE MORE PROGRESS ON LOWERING INFLATION BEFORE SUPPORTING CUT
- NOT DECLARING INFLATION VICTORY YET
- STILL A WAYS TO GO ON INFLATION, CORE PRICES 'STILL AN ISSUE'
- NO SIGN YET TARIFFS HAVE BOOSTED INFLATION
- RECESSION IS NOT IN HIS FORECAST RIGHT NOW

*TRUMP SIGNED ORDER RAISING STEEL, ALUMINUM TARIFFS TO 50%

MEXICO TO ANNOUNCE MEASURES NEXT WEEK FOLLOWING U.S. STEEL AND ALUMINUM TARIFF INCREASE IF THERE IS NO AGREEMENT AND IT WON'T BE 'AN EYE FOR AN EYE'

#GE in training group

#MU target $107 done. We entered at $77.90. Up by almost 50%

#NET $177.50 buying 50% here and 50% around $155 target $223 and $300 stop loss below $143

#HOOD we have entered at $66 in training group few days back, now trading at $75