🌊 Economic Waves: Deja Vu China's Stimulus

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Good Morning, Wave Rider!

Welcome to this week's market update! The financial landscape is buzzing with fresh momentum after the Fed’s recent 50 bps rate cut—its first in four years. Markets have responded with a surge, sending the S&P 500 and gold to record highs, while tech stocks and small caps continue to outperform. Even cryptocurrencies are riding the wave, with altcoins showing notable strength. Meanwhile, China’s stimulus measures are breathing new life into commodities, turning around a prolonged slump. Let’s dive into what these shifts mean for your investments.

This week, our Technical Analysis covers BTC and DOGE. We cover IREN, KWEB and MDB on stocks. Follow the detailed plans carefully and pull the trigger only at the recommended levels. Finally, we provide updates on trading exchanges, Crypto and the AI sector. Enjoy, and good luck out there.

The Wave

Market Pulse: Big Moves Ahead

Things are heating up post-FOMC. The recent 50 basis point rate cut has turned the tide in the markets, with the outcome being overwhelmingly positive. We’re seeing signs of strength across key indicators, showing that the market has plenty of room for growth when the momentum fully builds.

For the past 7 months, it’s been a challenging ride, but those tough times gave us a golden opportunity: accumulating assets at lower prices, laying the foundation for a potential recovery. With Q4 just around the corner, there is a lot to look forward to—but it’s essential to brace for volatility. While the market has plenty of upside potential, expect some pullbacks along the way.

Now is the moment to solidify your profit-taking strategy and position for any upcoming market movements before emotions take over. When the inevitable "Red Zone" hits—where volatility and market noise increase—planning becomes much harder. So, act now while things are still calm and rational.

China Enters Stimulus Mode

On the global stage, China has dropped its biggest economic stimulus package since the pandemic, echoing the stimulus narrative that we saw in the US markets back in 2020. The People's Bank of China (PBOC) announced a 50 basis point cut to the reserve requirement ratio (RRR) for banks, injecting roughly 1 trillion yuan ($141.7 billion) into the economy. Alongside this, interest rates have been slashed—key policy rates have been lowered, and the 7-day repurchase rate now sits at 1.12%.

The housing market will also see a boost, with down payments for second-home buyers dropping from 50% to just 15%. Additionally, local governments will receive more help from the central bank, as the PBOC increases its loan coverage to 100% for buying unsold homes.

The comparison to the US stimulus of 2020 is obvious, and it’s expected that China’s moves will have a similar impact. Expect big liquidity injections and a ripple effect through global markets as China aims to kickstart growth once again.

Key takeaway: China is going all-in with aggressive monetary easing, and the effects will soon be felt across the globe. Keep an eye on how these developments could further fuel the momentum we're already seeing.

We rode the wave!

• BTC - BTC at 61k, called the long to 63.3k and 64.6k, and it rode to 64.1k Surf's up!

• ETH - We dove in at $2.3k, and rode the ETH wave all the way up to $2,650. Surf's up!

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