Forwarded from Ouch Crazy Money
Nvidia to spend $150 billion a year in Taiwan
"Four years ago, Nvidia was spending about 10, 15 billion dollars a year in Taiwan. Now we're spending 100, going to 150 billion dollars in Taiwan each year," CEO Jensen Huang said at a launch celebration in Taipei for the $5 trillion chipmaker's planned Taiwan headquarters.
@ouchcrazymoney
"Four years ago, Nvidia was spending about 10, 15 billion dollars a year in Taiwan. Now we're spending 100, going to 150 billion dollars in Taiwan each year," CEO Jensen Huang said at a launch celebration in Taipei for the $5 trillion chipmaker's planned Taiwan headquarters.
@ouchcrazymoney
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Gold Price Forecast: Can China Buying Offset Hawkish Fed Pressure?
Key Points:
👉 Gold price tests $4,000 as Fed rate hike expectations and a stronger dollar keep sellers firmly in control.
👉 Gold's next rally likely depends on the Fed abandoning rate hike talk and the dollar losing momentum.
👉 China's strongest gold imports in over two years are helping create a floor despite bearish market sentiment.
Key Points:
👉 Gold price tests $4,000 as Fed rate hike expectations and a stronger dollar keep sellers firmly in control.
👉 Gold's next rally likely depends on the Fed abandoning rate hike talk and the dollar losing momentum.
👉 China's strongest gold imports in over two years are helping create a floor despite bearish market sentiment.
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Crypto Close - Sunday, June 28
🔴 -0.87% ₿ Bitcoin: $59,416.03
🔴 -0.42% 🔷 Ethereum: $1,565.00
🔴 -1.24% 🟡 BNB: $549.5600
🟢 +0.16% 🟣 Solana: $70.5000
🔴 -0.47% 🔵 XRP: $1.0411
🔴 -1.72% 🔵 Cardano: $0.142600
🔴 -0.78% 🔺 Avalanche: $6.3700
🔴 -2.24% 🐕 Dogecoin: $0.072730
Crypto markets close the day in the red as mild selling pressure keeps bulls on the defensive ahead of key macro events.
• 📉 Bitcoin slipped to $59,416 (-0.87%), struggling to reclaim the critical $60K psychological level, while Ethereum held relatively firm at $1,565 (-0.42%), suggesting modest resilience from ETH despite the broader softness
• 🌊 Solana was the lone bright spot among majors, edging up +0.16% to $70.50, while Dogecoin led losses across altcoins with a -2.24% drop to $0.0727, reflecting a clear risk-off tilt in speculative assets
• 🧭 Market sentiment leaned defensive, with Bitcoin dominance likely ticking higher as altcoins such as ADA (-1.72%) and BNB (-1.24%) underperformed — a classic sign of capital rotation toward relative safety within crypto
• 🎯 The key level to watch remains $60,000 on Bitcoin — a clean reclaim would shift short-term momentum bullish, while continued rejection risks a deeper retest toward $57,500; upcoming US macro data could serve as the decisive catalyst
The broader picture remains one of cautious consolidation — crypto is waiting for a macro or narrative trigger to determine whether this is a healthy reset or the beginning of a more significant correction.
🔴 -0.87% ₿ Bitcoin: $59,416.03
🔴 -0.42% 🔷 Ethereum: $1,565.00
🔴 -1.24% 🟡 BNB: $549.5600
🟢 +0.16% 🟣 Solana: $70.5000
🔴 -0.47% 🔵 XRP: $1.0411
🔴 -1.72% 🔵 Cardano: $0.142600
🔴 -0.78% 🔺 Avalanche: $6.3700
🔴 -2.24% 🐕 Dogecoin: $0.072730
Crypto markets close the day in the red as mild selling pressure keeps bulls on the defensive ahead of key macro events.
• 📉 Bitcoin slipped to $59,416 (-0.87%), struggling to reclaim the critical $60K psychological level, while Ethereum held relatively firm at $1,565 (-0.42%), suggesting modest resilience from ETH despite the broader softness
• 🌊 Solana was the lone bright spot among majors, edging up +0.16% to $70.50, while Dogecoin led losses across altcoins with a -2.24% drop to $0.0727, reflecting a clear risk-off tilt in speculative assets
• 🧭 Market sentiment leaned defensive, with Bitcoin dominance likely ticking higher as altcoins such as ADA (-1.72%) and BNB (-1.24%) underperformed — a classic sign of capital rotation toward relative safety within crypto
• 🎯 The key level to watch remains $60,000 on Bitcoin — a clean reclaim would shift short-term momentum bullish, while continued rejection risks a deeper retest toward $57,500; upcoming US macro data could serve as the decisive catalyst
The broader picture remains one of cautious consolidation — crypto is waiting for a macro or narrative trigger to determine whether this is a healthy reset or the beginning of a more significant correction.
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Bitcoin price today is trading near a critical technical support level, with analysts watching whether buyers can defend the 200-week moving average (MA).
The price reaction around this level is likely to determine Bitcoin’s direction this week.
According to Michael van de Poppe, the 200-week moving average has marked major market bottoms in previous cycles, including 2015, 2018 and 2022. As long as Bitcoin holds above this level, the current market cycle remains intact.
“If Bitcoin continues to hold above the 200-week moving average, there is little reason to assume the current cycle has fundamentally broken,” Van de Poppe said.
The price reaction around this level is likely to determine Bitcoin’s direction this week.
According to Michael van de Poppe, the 200-week moving average has marked major market bottoms in previous cycles, including 2015, 2018 and 2022. As long as Bitcoin holds above this level, the current market cycle remains intact.
“If Bitcoin continues to hold above the 200-week moving average, there is little reason to assume the current cycle has fundamentally broken,” Van de Poppe said.
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Forwarded from Ouch Crazy Money
Microsoft Corp. shares are heading for their worst month in years as investors continue to fret about how the software giant will fare in a world marked by AI
The stock has dropped 18.4% in June, which would represent its worst monthly showing since December 2000.
The selloff has erased more than $613 billion in market value this month and pushed the stock to its lowest closing price since 2023 on Thursday before rebounding.
@ouchcrazymoney
The stock has dropped 18.4% in June, which would represent its worst monthly showing since December 2000.
The selloff has erased more than $613 billion in market value this month and pushed the stock to its lowest closing price since 2023 on Thursday before rebounding.
@ouchcrazymoney
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The crypto market is stable at $2.06T, but Bitcoin is stuck below key levels.
The risk of a decline to $40K is growing against the backdrop of Strategy’s weakness...
Your bets: 👍 buy or sell 👎?
The risk of a decline to $40K is growing against the backdrop of Strategy’s weakness...
Your bets: 👍 buy or sell 👎?
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Forwarded from Ouch Crazy Money
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Central Bank Buying Supports Gold at $4,175 After NFP - Silver Holds $60.05?
Key Points:
👉 Central banks continued net accumulation of gold amid efforts to diversify reserves in a high-debt environment.
👉 Mine supply growth for both gold and silver remained limited, with production still well below historical peaks.
👉 Silver continued to benefit from strong and expanding industrial demand, particularly in solar, electronics, EVs, and semiconductors.
Key Points:
👉 Central banks continued net accumulation of gold amid efforts to diversify reserves in a high-debt environment.
👉 Mine supply growth for both gold and silver remained limited, with production still well below historical peaks.
👉 Silver continued to benefit from strong and expanding industrial demand, particularly in solar, electronics, EVs, and semiconductors.
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Crypto Close - Sunday, July 05
🔴 -0.63% ₿ Bitcoin: $62,686.72
🔴 -0.20% 🔷 Ethereum: $1,775.53
🟢 +2.21% 🟡 BNB: $587.5200
🔴 -0.97% 🟣 Solana: $80.9300
🔴 -1.94% 🔵 XRP: $1.1340
🔴 -2.29% 🔵 Cardano: $0.187600
🔴 -0.86% 🔺 Avalanche: $6.9000
🔴 -0.70% 🐕 Dogecoin: $0.077040
Crypto markets closed the day in a quiet but cautious retreat, with broad red across majors and one notable outlier breaking ranks.
• 📉 Bitcoin slipped to $62,686 (-0.63%) while Ethereum held relatively firm at $1,775 (-0.20%), with both failing to reclaim key intraday resistance levels amid thin buying pressure and muted institutional flow.
• 🟡 BNB was the clear standout, surging +2.21% to $587.52 — the only major asset closing in the green, likely driven by exchange-native demand and ecosystem activity decoupled from broader market weakness.
• 🌡️ Sentiment leaned risk-off, with XRP down -1.94% and ADA dropping -2.29% leading altcoin losses — Bitcoin dominance is quietly consolidating as capital rotations back toward relative safety within the space.
• 🎯 The key level to watch remains $63,500 on Bitcoin — a reclaim of that zone would signal renewed short-term momentum, while continued failure keeps the door open to a retest of the $60,000 support floor ahead of upcoming macro data prints.
The market is in a holding pattern — directional conviction will only return when Bitcoin decisively breaks out of its current compression zone.
🔴 -0.63% ₿ Bitcoin: $62,686.72
🔴 -0.20% 🔷 Ethereum: $1,775.53
🟢 +2.21% 🟡 BNB: $587.5200
🔴 -0.97% 🟣 Solana: $80.9300
🔴 -1.94% 🔵 XRP: $1.1340
🔴 -2.29% 🔵 Cardano: $0.187600
🔴 -0.86% 🔺 Avalanche: $6.9000
🔴 -0.70% 🐕 Dogecoin: $0.077040
Crypto markets closed the day in a quiet but cautious retreat, with broad red across majors and one notable outlier breaking ranks.
• 📉 Bitcoin slipped to $62,686 (-0.63%) while Ethereum held relatively firm at $1,775 (-0.20%), with both failing to reclaim key intraday resistance levels amid thin buying pressure and muted institutional flow.
• 🟡 BNB was the clear standout, surging +2.21% to $587.52 — the only major asset closing in the green, likely driven by exchange-native demand and ecosystem activity decoupled from broader market weakness.
• 🌡️ Sentiment leaned risk-off, with XRP down -1.94% and ADA dropping -2.29% leading altcoin losses — Bitcoin dominance is quietly consolidating as capital rotations back toward relative safety within the space.
• 🎯 The key level to watch remains $63,500 on Bitcoin — a reclaim of that zone would signal renewed short-term momentum, while continued failure keeps the door open to a retest of the $60,000 support floor ahead of upcoming macro data prints.
The market is in a holding pattern — directional conviction will only return when Bitcoin decisively breaks out of its current compression zone.
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Forwarded from Ouch Crazy Money
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Gold Breaks Trendline at $4,127 as Silver Holds $60.69 Ahead of FOMC — Next Move? Key Points:
👉 Central banks continued net accumulation of gold amid efforts to diversify reserves in a high-debt environment.
👉 Mine supply growth for both gold and silver remained limited, with production still well below historical peaks.
👉 Silver continued to benefit from strong and expanding industrial demand, particularly in solar, electronics, EVs, and semiconductors.
👉 Central banks continued net accumulation of gold amid efforts to diversify reserves in a high-debt environment.
👉 Mine supply growth for both gold and silver remained limited, with production still well below historical peaks.
👉 Silver continued to benefit from strong and expanding industrial demand, particularly in solar, electronics, EVs, and semiconductors.
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Can Gold Hold Support Ahead of U.S. Inflation Data?
Key Points:
Next week's CPI and Fed Chair Warsh's testimony could determine gold's next major move.
Gold price rebounds as the dollar weakens, but hawkish Fed minutes keep September rate hike bets alive.
Treasury yields remain near multi-week highs, limiting gold's upside despite a softer U.S. dollar.
Key Points:
Next week's CPI and Fed Chair Warsh's testimony could determine gold's next major move.
Gold price rebounds as the dollar weakens, but hawkish Fed minutes keep September rate hike bets alive.
Treasury yields remain near multi-week highs, limiting gold's upside despite a softer U.S. dollar.
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Forwarded from Ouch Crazy Money
Chinese investors pulled out around $2.22 billion of domestic Gold Exchange-Traded Funds in June, the largest monthly amount on record.
Investors opted to take profits as risk appetite improved and the focus shifted to equities.
@ouchcrazymoney
Investors opted to take profits as risk appetite improved and the focus shifted to equities.
@ouchcrazymoney
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The Week Ahead: CPI, Fed Chair Warsh and earnings set the tone for U.S. stocks
Inflation takes center stage as CPI and PPI shape expectations for the Fed's next policy move.
Fed Chair Kevin Warsh's first congressional testimony could reset expectations for interest rates.
Big bank earnings, ASML and Netflix provide key insight into the economy, AI spending and consumers.
https://telegra.ph/Key-Economic-Releases--Notable-Earnings-07-12
Inflation takes center stage as CPI and PPI shape expectations for the Fed's next policy move.
Fed Chair Kevin Warsh's first congressional testimony could reset expectations for interest rates.
Big bank earnings, ASML and Netflix provide key insight into the economy, AI spending and consumers.
https://telegra.ph/Key-Economic-Releases--Notable-Earnings-07-12
Telegraph
Key Economic Releases & Notable Earnings
Monday, Jul 13 Before the Open: • Fastenal (FAST), est. $0.33 Economic Releases: • No major U.S. releases scheduled. After the Close: • No reports scheduled. Tuesday, Jul 14 Before the Open: • Bank of America (BAC), est. $1.12 • Citigroup (C), est. $2.73…
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Binance’s BNB Coin May Drop Toward $500 Next: Here’s Why
BNB fell toward $565 as Kimi K3’s launch fueled an AI-led risk-off move across technology stocks and cryptocurrencies.
BNB’s close association with the AI narrative may increase its sensitivity to changing sentiment around AI investments.
A falling wedge could send BNB toward $535–$515, while a breakout above $584 may weaken the bearish outlook.
BNB fell toward $565 as Kimi K3’s launch fueled an AI-led risk-off move across technology stocks and cryptocurrencies.
BNB’s close association with the AI narrative may increase its sensitivity to changing sentiment around AI investments.
A falling wedge could send BNB toward $535–$515, while a breakout above $584 may weaken the bearish outlook.
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Forwarded from Ouch Crazy Money
Meta to Pay Up to $17.1 Billion in Landmark Settlement Over Social Media Addiction Claims
@ouchcrazymoney
@ouchcrazymoney
Gold Today:
Key Points:
• China increased gold holdings for a 23rd straight month, reinforcing the case for strategic reserve diversification.
• Gold remains bearish below $4,160 and $4,190, with $4,112 acting as the first major support level.
• Fed minutes could reshape rate expectations as markets assess whether policymakers still favor further tightening
👍 Buy or sell👎 ?
Key Points:
• China increased gold holdings for a 23rd straight month, reinforcing the case for strategic reserve diversification.
• Gold remains bearish below $4,160 and $4,190, with $4,112 acting as the first major support level.
• Fed minutes could reshape rate expectations as markets assess whether policymakers still favor further tightening
👍 Buy or sell👎 ?
👍1
Forwarded from Ouch Crazy Money
Apple Becomes Second Company to Close Above $5 Trillion
Apple today closed with a market capitalization above $5 trillion, making it the second company to do so after Nvidia.
@ouchcrazymoney
Apple today closed with a market capitalization above $5 trillion, making it the second company to do so after Nvidia.
@ouchcrazymoney
Gold (XAUUSD) & Silver Price Forecast: Can Gold Break $4,161 as Silver Eyes $55.41?
Key Points:
👉 Hotter-than-expected September CPI revived Fed tightening concerns, although softer Treasury yields and a weaker dollar offered gold some relief.
👉 Gold holds above $4,127.56 after rebounding from $4,073.63, with a breakout above $4,161.46 potentially targeting $4,181.44 and $4,216.96.
👉 Global gold ETFs attracted $10 billion in September, lifting holdings to a record 4,256 tonnes, while third-quarter inflows reached $31 billion.
👉 Silver remains bearish below $56.34 and its descending trendline, with a break beneath $55.41 potentially exposing $54.85 and $54.29 as oversold conditions persist
Key Points:
👉 Hotter-than-expected September CPI revived Fed tightening concerns, although softer Treasury yields and a weaker dollar offered gold some relief.
👉 Gold holds above $4,127.56 after rebounding from $4,073.63, with a breakout above $4,161.46 potentially targeting $4,181.44 and $4,216.96.
👉 Global gold ETFs attracted $10 billion in September, lifting holdings to a record 4,256 tonnes, while third-quarter inflows reached $31 billion.
👉 Silver remains bearish below $56.34 and its descending trendline, with a break beneath $55.41 potentially exposing $54.85 and $54.29 as oversold conditions persist