Decoding Global Markets 🌍 | Charts Tell the Truth | Macro • Crypto • Equities | Tweets are not financial advice |
Joined April 2010
- Tweets23K
- Following901
- Followers8.2K
- Likes5.8K
Pinned Tweet
FOMC Key Changes: Fed paused, but two members still wanted a hike.
1. September raised rates by 1/4 point. Today they held the range at 3-3/4 to 4%.
2. The vote went from unanimous (12-0) to 10-2. Lisa Cook and Beth Hammack preferred to raise rates again.
3. Growth language was upgraded from “solid pace” to “strong pace.”
Inflation guidance shifted from “today’s policy action will support a timelier return” to “the accumulation of more information will help the Committee determine the policy stance.”
They paused, but the statement still keeps the door open for more tightening later.
Rest. #DYOR Follow @NeelMacro
AS s of now Binance freeze $3 billion of Crypto..
Update: The current verified total frozen amount is around $3 billion.
Our teams continue to work closely with law enforcement, issuers, blockchain intelligence firms and industry partners to trace and freeze additional assets.
We will only share confirmed figures and will provide further updates as more verified information becomes available. User funds are safe.
Neel retweeted
User funds are safe!
It does look like a hack on Binance. Appreciate the quick freeze from Tether (~$971m) and Circle (~$823m).
I don't manage Binance (.com) anymore, but as a shareholder, I expect all user funds will be fully covered.
OMG, just awake. How can Binance be hacked?
I was seeing CZ continue writing on "How to Protect Fund" this week.
Neel retweeted
We are working non-stop to resolve this issue. Binance will cover all losses.
As a precaution, all deposits and withdrawals are temporarily suspended while our team conducts security checks, freezes funds, and works with law enforcement.
We are working around the clock and will share a full post-mortem once the investigation is complete. Please rely only on official Binance channels for updates.
This is an industry-wide effort, and we are grateful to partners across the ecosystem who have moved quickly to help freeze affected assets.
We will continue to share verified updates through official Binance channels. User funds are safe.
BOOM🚀🚀🚀, As expected, momentum in Crypto.
It also gives market makers the opportunity to hunt liquidity.
In the morning, $110 million of longs were liquidated; now, $31 million of shorts have been liquidated.
$82,000 is key resistance for $BTC
$2,400 is key resistance for $ETH
Fun Part:
Nasdaq down 1.62%
While Russell 2000 up near 1%...
Means damage only in a company, not the entire market...
Actually It's buy the dip call for Crypto.
Rest #DYOR
$GOOG -13% after open, erased over $500 billion in a single day..
$GOOG 11.4% down in pre market after earning.
Revised target:
- Evercore ISI: PT cut to $435 from $450 (Buy/Outperform maintained).
- RBC: PT cut to $400 from $425 (Buy maintained).
- KeyBanc: PT cut to $385 from $410 (Overweight maintained)
- Barclays: PT cut to $405 from $425 (Buy maintained)
- Piper Sandler: PT cut to $345 from $400.
- DA Davidson: PT cut to $300.
- Morgan Stanley PT cut (e.g., to $375 from $425).
SUPPORT IS $275. Do you like to buy it ?
$GOOG 11.4% down in pre market after earning.
Revised target:
- Evercore ISI: PT cut to $435 from $450 (Buy/Outperform maintained).
- RBC: PT cut to $400 from $425 (Buy maintained).
- KeyBanc: PT cut to $385 from $410 (Overweight maintained)
- Barclays: PT cut to $405 from $425 (Buy maintained)
- Piper Sandler: PT cut to $345 from $400.
- DA Davidson: PT cut to $300.
- Morgan Stanley PT cut (e.g., to $375 from $425).
SUPPORT IS $275. Do you like to buy it ?
#JUSTNOW: PCE came in exactly as expected. Core PCE held at 0.3% MoM and 3.1% YoY.
Headline PCE was also in line at 0.5% MoM and 3.6% YoY. Personal spending missed slightly at 0.5% versus 0.6% expected.
The bigger surprise was growth. Q3 GDP printed 3.4% against a 3.2% forecast, while the GDP price index cooled to 2.2%. Jobless claims improved to 194K.
Inflation is sticky but not accelerating. Growth is still holding up. Fed has little reason to turn dovish from this print.
🚨Bitwise just put a $1.6 million Bitcoin target on the table by 2036.
They call Bitcoin the best-performing major institutional asset of the next decade.
WHERE IS WORLD GOING?
WHAT THEY WANT?
@GROK What you think, this is looked like warning for DOOMSDAY
🚨 WHY IS EVERYONE PREPARING FOR THE WORST AT THE SAME TIME?
🇬🇧 UK: The government tells every household to keep 3 days of supplies, including 9 litres of water per person as a part of "Be Ready" campaign.
🇫🇷 France: The "Tous responsables" guide asks for a 72-hour kit with water, food, basic medicines and a radio.
🇯🇵 Japan: Japanese Minister Hosono urges citizens to stockpile food, water and toilet supplies ahead of potential disasters.
🇩🇪 Germany: Ideally 10 days of food, water, medicine and hygiene supplies, with three days also considered valuable.
Governments are essentially warning that food supplies, electricity and payment systems could all collapse at once.
France calls the first three days of a crisis the decisive window, when you may have to survive on your own before services recover.
Governments saying the threats as cyberattacks, extreme weather, hostile states and critical supply chain disruptions.
The Pentagon is now telling major US military bases to plan to run for 90 days without outside help.
Government officials insist none of this means war is near.
So why is everyone preparing at the same time?
$CAT dropped about 9% after Q3 earnings.
- Revenue: $20.7B, beating expectations of $20.54B 🟢
- Adj EPS: $7.20, beating expectations of $7.08 🟢
Good numbers still got sold. Same pattern is showing up across names this week, beats and misses both getting dumped once the print is out. Wall Street is running a simple “sell the event” trade.
#CATERPILLAR
#Breaking: DoorDash just moved its Q3 earnings forward by almost a week.
It was set for Nov 4 after the close. Now it reports Thursday, Oct 29, before the open, with the call at 5:30 a.m. PT / 8:30 a.m. ET.
Public companies rarely pull earnings forward like this without a reason. The timing lines up with reports that DoorDash is in advanced talks to buy Instacart (CART) in a deal valued around $17 billion. Sources have said an announcement could come as early as this morning.
Markets will be watching both the numbers and any deal news.
$DASH up 1.8% in overnight Market.
#BITCOIN WEEKLY ANALYSIS:
$BTC closed LAST week down 2.40% but held above the weekly MA 50 for the sixth consecutive week despite the US market correction.
Support: $79k and weekly MA 50 near $75,790
Resistance: $85,000 and $87,500
RSI is still at 55, well above 45, so the broader trend stays positive and bullish.
Stochastic RSI is losing momentum as of now. SO DON'T MAKE YOURSELF BULLISH UNTILL IT TURN POSITIVE OR $BTC BOUNCE ABOVE $85K
This week will drive volatility. Bitcoin already lost its daily MA 50. A break below $79k would open the door to $75k, which also lines up with the weekly MA 50.
Bitcoin stays in a bull structure as long as it holds above the weekly MA 50 near $75,790
$GOOGL AT 7 MONTH LOW TRADING BELOW $300.
STOCK ERASED NEAR $350 BILLION IN JUST 35 MINUTE POST WEAKER EARNING.
$GOOG: Alphabet missed on the top line and operating income. Stock is down about 7%.
- Revenue came in at $127.58B against a $127.93B estimate.
- Operating income was $40.58B versus $43.16B expected.
- EPS fell to $2.12 from $2.87 a year ago.
Google Services missed at $96.30B. Search and YouTube ads both came in light. The bright spot was Google Cloud, which beat at $30.71B versus $29.10B expected.
Capex was $51.36B, below the $55.78B estimate. The cloud beat helped, but the miss on the core ad business and lower operating income weighed on the stock after hours.
$MSFT: Microsoft beat on both revenue and earnings. Stock is up about 4%.
Revenue came in at $92.3B against a $90.69B estimate. Adjusted EPS was $4.89 versus $4.73 expected. Operating income rose 21% year over year to $45.9B.
Azure grew 48% to $33.2B. Microsoft Cloud overall was up 30% to $63.9B. Commercial remaining performance obligations stood at $677B. Capex was $39.4B.
There was a small net gain from OpenAI of $207M, or about $0.03 on EPS. Strong cloud and Azure numbers drove the beat and the after-hours move higher.
