- Wealth Street Waves
- Posts
- 🌊 Economic Waves: Jobs Jump, Oil Spikes, China Sinks
🌊 Economic Waves: Jobs Jump, Oil Spikes, China Sinks
Wave #10
We’d like to extend a big thank you to all subscribers who joined before October 2nd! As mentioned in a previous email, Wealth Street Waves has gifted you one month of Premium access. Starting today, enjoy a sponsor-free experience with our Weekly Premium Wave every Wednesday!
Hey, Wave Rider!
We’ve seen a lot of back-and-forth in the markets lately, with US stocks and crypto staying within tight ranges. But the big news last week was the US economy flexing its strength—September job gains blew past expectations.Now, the spotlight turns to the FOMC minutes for clues on interest rates, plus key inflation data coming tomorrow. Early signs suggest inflation is cooling, which could signal some market shifts ahead.
Overseas, the Middle East remains a hotbed of tension, pushing oil prices higher—Brent crude briefly hit $80 before settling down. And in China, markets were left disappointed by the lack of specifics in their new stimulus plan, sending Chinese stocks and the Hang Seng into steep declines.
This week, our Technical Analysis covers BTC ans SOL. We cover BABA and FUTU 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 Board
We rode the wave!
KWEB - KWEB at 30.04, called the long to 31.50, and it rode to 36 💰️ . Surf's up!
BTC - We called in at $60.7k, and rode the ETH wave all the way up to $64.3k. Surf's up!
Don’t miss out! Upgrade to Premium to continue reading
Join Wealth Street Waves as a paying subscriber to unlock this post and gain access to exclusive, subscriber-only insights and premium content
Already a paying subscriber? Sign In.
Upgrade now to enjoy:
- • Top Market News & Exclusive Analysis
- • Technical Analysis
- • Stock/Crypto Watchlist
- • Research Reports
Reply