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Jadid Herrera
76672fe29177489f32dc12eb32d8fabd56e36dbaca82f118b98b0845c169495a
General Data Scientist, Trader, Programmer living a byte at a time. #AI #ML #Writer #Yankees #NYGiants #Investor #DeFi #Crypto #NFT #ContextMatter jadid.eth

All Eyes On CPI Report: Influences Stock and Gold Market Trends | Junly 12, 2023. #MMM #JPM #USB #AMZN #MSFT #CPI #SPX #NDX #DJI #News #MarketWatch. Full Post at https://post.news/@/Jadid_/2ST8u3DQHksUSQ8ZlAEbX95iite

Crypto Market In Review | July 11, 2023. #BTC #ETH #LTC #Crypto #CPI #News #MarketWatch. Full Post at https://post.news/@/Jadid_/2SQmi8iQRjHsG1Ltuxk5DvJdfrr

Mina Protocol's Price Forecast | July 11, 2023. #MINA #Crypto #News #MarketWatch. Full Post at https://post.news/@/Jadid_/2SQQJPWh4aX7RvtKKq6VwwA6zHu

Economic Indicators and Market Dynamics in the Spotlight | July 11, 2023. #TSLA #AMZN #FB #TWTR #News #MarketWatch. Full Post at https://post.news/@/Jadid_/2SQJHfPW101uaAkDTrBj8VbuCy4

The Crypto Market In Review | July 10, 2023. #Crypto #News #MarketWatch. Full Post at https://post.news/@/Jadid_/2SNz7cTRhGpQyOz6yJH1KMiLFhh

Implications of BlackRock's Bitcoin Interest and the Potential for a Bitcoin ETF | July 10, 2023. #BTC #Crypto #News #MarketWatch. Full Post at https://post.news/@/Jadid_/2SNvHEGrAXwLvtjof5Otzie8LSy

Key Fed Officials to Speak; May's Wholesale Data and Treasury Bills Auction Due | July 10, 2023. #CPI #PPI #News #MarketWatch. Full Post at https://post.news/@/Jadid_/2SNeFyiYADYVos8VgLUjaNnT17W

NATO and Ukraine: A Unity Test Amid Conflict | July 10, 2023. #Nato #News #MarketWatch. Full Post at https://post.news/@/Jadid_/2SNZCtiabhvOMjatXzBwVpbZ0zf

Market Outlook: Inflation Concerns and Upcoming Earnings | July 10, 2023. #PEP #SPY #QQQ #TSLA #AAPL #AMZN #HELE #CPI #News #MarketWatch. Full Post at https://post.news/@/Jadid_/2SNXfhkEVeQpE4jIsmXtri26qoR

What To Expect In The 2H of 2023: Crypto Trends Insight | July 9, 2023. #BTC #ETH #LTC #Crypto #News #MarketWatch. Full Post at https://post.news/@/Jadid_/2SMcwE4oDCrlKqbpIoK1PFkiGC0

The Week Ahead: Global Central Banks' Monetary Policies and Its Implications | July 9, 2023. #ECB #BOJ #ECB #BOE #News #MarketWatch. Full Post at https://post.news/@/Jadid_/2SMZNfrlkkJe7ch9YmhrWUm4x1o

The Week Ahead: Global Gold Repatriation Amid Sanctions and Economic Uncertainty | July 9, 2023. #XAU #Gold #News #MarketWatch. Full Post at https://post.news/@/Jadid_/2SMQgFb1SBCpq9eebGPSPGrWmIr

A Damascene Conversion: Presidential Candidate Robert F. Kennedy Jr. And Bitcoin | July 9, 2023. #BTC #Crypto #News #MarketWatch. Full Post at https://post.news/@/Jadid_/2SLkXBkwtQgEEgHGfMaNByLwuFU

Meta vs. Twitter: The Powerplay for Social Media Rizz Supremacy | Junly 9, 2023. #META #Twitter #TSLA #News #MarketWatch. Full Post at https://post.news/@/Jadid_/2SLiBhoRYxUb1dyBSG1I6ntu7QG

Crude Oil Forecast: Anticipating a Downward Trend | June 26, 2023

A recent dip in crude oil prices to $75 for the first time is perceived as a weakness that might further drive down prices to around $60 to $58 later this year. This prediction aligns with the modest decrease in futures prices over time. It's noteworthy that, despite crude oil generally being a more expensive asset over time due to storage and capital costs, current futures curves are nearly flat. This change could be attributed to the technical aspects influencing crude oil prices.

When viewing the market's performance, closing prices below $75 in May and potentially in June signifies a trend that cannot be ignored. It's expected that crude oil will not exceed $76 until a drop to the $60 to $58 range has occurred, likely later this year. While global events, such as the ongoing Ukraine conflict and instability in Russia, can significantly impact the market, technical signals remain a reliable indicator of future performance. This viewpoint doesn't anticipate monthly closures above $76 for a substantial period. Regardless of potential news headlines influencing the market, the technicals suggest a bearish trend is already in motion, pointing to a downward trajectory. Each market is unique, with its own set of conditions, and the aim is to follow these conditions to inform investment decisions rather than trying to trade off derivative markets. #CrudeOil #CL #News #MarketUpdate

HSBC Hong Kong Pioneers Crypto ETF Trading | June 26, 2023

HSBC Hong Kong, a major banking entity in the region, has recently introduced the trading of #Bitcoin and Ether exchange-traded funds #ETFs listed on the Hong Kong stock exchange. With three crypto ETFs - CSOP Bitcoin Futures ETF, CSOP #Ethereum Futures ETF, and Samsung Bitcoin Futures Active ETF - now available on its platform, #HSBC Hong Kong has become the region's first bank to facilitate such trading, providing a convenient avenue for local customers to venture into crypto ETFs.

Hong Kong has been gradually shaping its regulatory environment to attract crypto businesses. The latest step in this direction is a newly-introduced licensing scheme for crypto platforms. Interestingly, it's been reported that the region's banking regulator, the Hong Kong Monetary Authority, is pressuring leading banks, including HSBC, Standard Chartered, and Bank of China, to accept crypto exchanges as clients. The outcome of this strategy remains to be seen. Similarly, it's unclear whether other banks in the region will follow HSBC Hong Kong's lead and list crypto ETFs. Meanwhile, in the U.S., the race is on for a spot Bitcoin ETF, with companies like #BlackRock, #Invesco, and #WisdomTree in the fray, despite previous rejections from the regulator over crypto market manipulation concerns. #HKG #BTC #ETH #Crypto #MarketUpdate #News

Crypto Market Surge: Bitcoin Dominates Amid Regulatory Developments | June 26, 2023

The past week has seen an impressive resurgence in crypto-based investment product inflows, the highest since July 2022, according to data from #CoinShares, a European digital asset management firm. Total inflows were recorded at $199 million, with #Bitcoin being the primary driver, accounting for inflows of $187 million. Additionally, the total assets under management in crypto investment products reached an annual high, exceeding $37 billion. This compensates for losses incurred following Three Arrows Capital's bankruptcy in July 2022. ETC Issuance GmbH's Bitcoin exchange-traded product, BTCE, and ProShares' Bitcoin Strategy #ETF, led the inflows with $77.3 million and $60.4 million, respectively.

In the context of regulatory developments, the upbeat market sentiment can be attributed to a recent series of spot Bitcoin ETF applications submitted to the U.S. Securities and Exchange Commission, the first of which was filed by the world's largest investment fund, #BlackRock. This move has since been emulated by other fund managers, such as Valkyrie, WisdomTree, and Invesco, all submitting their applications within a week of BlackRock's. Despite the overall positive sentiment, demand for Ethereum seems to be currently lower than for Bitcoin, with its inflows standing at $7.8 billion against Bitcoin's $187 million. Altcoins, as of now, appear to be on the sidelines with only minor inflows into XRP and Solana. #BITO #BTC #XRP #SOL #GBTC #MARA #Crypto #MarketUpdate #ETF

Market Impact of Russian Unrest | June 26, 2023

The recent revolt by the Wagner group in #Russia, although short-lived, has created an air of uncertainty that could potentially affect the global markets. The group demanded the removal of Russian military commanders engaged in the #Ukraine conflict, and their actions have triggered a watchful response from traders. The energy sector may be the most impacted if the situation escalates further into serious political turmoil. #MarketUpdate #News

Key Stocks Decline in Today's Pre-market Session | June 26, 2023

In today's pre-market trading session, several substantial stocks have recorded notable losses. Mercury Systems, Inc. shares plummeted by 9.2% to $31.48 following the announcement of Bill Ballhaus as the interim President and CEO in place of Mark Aslett. AMTD Digital Inc. shares also experienced a decrease of 6.5% to $6.09. Furthermore, Hut 8 Mining Corp. shares fell by 6.1% to $2.75 despite the recent news of the company entering into a hosting agreement for 6,400 ASIC miners.

Meanwhile, other significant stocks such as Flywire Corporation and AlloVir, Inc. recorded losses of 4.1% and 3.7% respectively. Marathon Digital Holdings, Inc., despite its gain of 7% on Friday, witnessed a 3.2% decrease to $12.31. Hut 8 Mining Corp. shares also saw a downward shift of 3.4% to $2.83. These movements underscore the intricate relationship between global events and market dynamics, which are reflected in the performance of individual stocks as the week commences. #MRCY #HKD #HUT #FLYW #ALVR #MARA #News #MarketUpdate

Market Uncertainty Amid Geopolitical Unrest | June 26, 2023

As the trading week commences, stock index futures are signaling a lackluster start, following a disruption to the wider market's recent uptrend. Minor decreases are evident across the S&P futures, Dow futures, and Nasdaq 100 futures, each showing a 0.2% dip. Reflecting a cautious sentiment, investors have pivoted towards more defensive stocks, with Utilities standing out as the premarket's best-performing sector, alongside a rise in bond prices.

Simultaneously, the 10-year Treasury yield #US10Y has decreased by 5 basis points to 3.69%, and the 2-year yield #US2Y has fallen 4 basis points to 4.71%. These movements come in the wake of escalating concerns over the political situation in Russia. Over the weekend, a rapid sequence of rebellion and truce hinted at potential long-term political instability. The actions of Prigozhin's Wagner group, marching towards Moscow, further amplified the potential for global market disruptions. While this immediate threat seems to have receded, the events might have widened both positive and negative tail risks. It's unclear whether this could provoke an escalation by Mr. Putin to reassert his authority, or leave him vulnerable - both scenarios hold implications for Europe, Ukraine, and global markets. At this stage, predicting the outcome is inherently uncertain. #SPX #NDX #DJI #MarketUpdate #News