Economic Waves: Payroll rolling

Good Day Wave Rider!

US equities have pulled back from their recent highs, and crypto is still on the decline despite the Fed's dovish signals about potential rate cuts. Last week brought positive news, with GDP, personal spending, and income all beating expectations. Now, all eyes are on Friday’s non-farm payrolls, as the Fed shifts focus to the labor market ahead of a likely rate cut in September. Stay tuned! 📊

This week, our Technical Analysis covers BTC and SOL. We cover TSLA 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.

We rode the wave!

• GLD- GLD at 233.40, called the short to 227.5, and it sunk to 228.5. Wavey!

• SPY - We dove in at $560, eyeing key resistance at $560.75 and rode the SPY put wave all the way to $553. Surf's up!

• BTC - We rode BTC puts from $60k to $56K. oh yea!

• SOL - We caught the Solana wave at $145, and it cruised down to $124. Surf’s up!

Sponsor

Hold the phone, folks! We're hitting pause on our regular programming to send out a huge THANK YOU for all the love you've shown our sponsors and partners! Your support is the magic ingredient that keeps this newsletter thriving…

Today’s special message is from our friends at: Value Investor Daily

Check them out!

Learn how to become an “Intelligent Investor.”

Warren Buffett says great investors read 8 hours per day. What if you only have 5 minutes a day? Then, read Value Investor Daily.

Every week, it covers:

• Value stock ideas - today’s biggest value opportunities 📈

• Principles of investing - timeless lessons from top value investors 💰

• Investing resources - investor tools and hidden gems 🔎

You’ll save time and energy and become a smarter investor in just minutes daily–free! 👇

Subscribe now with one click.