• MaverickWealthBuilderMaverickWealthBuilder
      ·2023-06-02

      Will debt ceiling breakthrough be beneficial for SOFI?

      The debt ceiling and interest rate hikes are the two major concerns in the market at the beginning of June. The debt ceiling bill has already been passed by both houses of Congress, while the implied probability of no interest rate hike in June has risen to 75%. Many Federal Reserve officials, including the President of the Federal Reserve Bank of Philadelphia, have called for skipping the rate hike.Due to traders' increased expectations that the Federal Open Market Committee will not raise rates at its meeting on June 13-14, numerous fintech companies have seen significant gains. For example, $Upstart Holdings, Inc.(UPST)$ rose 9.2% on Thursday, $Blend Labs, Inc.(BLND)$ ose 3.1%, and
      3.06K6
      Report
      Will debt ceiling breakthrough be beneficial for SOFI?
    • BtkmBtkm
      ·2023-06-01
      The US debt ceiling is the legal limit on how much the federal government can borrow to pay its existing obligations, such as Social Security benefits, military salaries, and interest on the national debt¹. If the debt ceiling is not raised by Congress and the President before the Treasury runs out of cash, the US could default on its debt obligations, which would have severe consequences for the economy and the financial markets². The impact of the debt ceiling on the market depends on several factors, such as the likelihood of a default, the duration of the impasse, the size of the spending cuts, and the market expectations¹. In general, a prolonged debt ceiling standoff could increase market volatility, raise borrowing costs, lower consumer and business confidence, and reduce economic g
      53210
      Report
    • Isha PrasadIsha Prasad
      ·2023-05-31
      Hi there, I  think is so  good about this one 
      124Comment
      Report
    • BigJohnWinsBigJohnWins
      ·2023-05-31
      How will Dept cieling effect me?
      133Comment
      Report
    • hhjsyndromehhjsyndrome
      ·2023-05-30
      Debt Ceiling Drama It looks like the US confirm can avoid the debt ceiling crisis based on the latest news. You know how those US politicians are, always craving for drama and love being the center of attention. Confirm they will drag their feet and enjoy all the media spotlight HAHA. But jokes aside, I think the US government should have learned their lesson from the 2011 Debt ceiling crisis and won't wait until the last minute. But if they really do, the stock markets confirm will tank because the markets really cannot tahan uncertainty. Talking about the current market situation, we're in the bull market now. Even the NASDAQ up 24.92% YTD. Confirm the stocks will continue to climb if nothing uncertain happens or got any more black swan events. The only thing need to look out for&nb
      9756
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    • Futures_ProFutures_Pro
      ·2023-05-30

      Dollar Will Rally & Gold Price Will Lose As Inevitable Debt Deal Looms

      By Kevin GeorgeAuthor of "The Stock Market is Easy - How to Avoid the Pitfalls of the Average Investor".Key Points:$Gold - main 2306(GCmain)$ prices could face a downturn as the debt ceiling drama is expected to resolve, leading to a market rally and a stronger r$USD Index(USDindex.FOREX)$ .UBS predicts gold to reach all-time highs by year-end, but the author disagrees, citing the triple-top resistance dating back to 2011.A debt ceiling deal or "breach" deal could result in a significant rally in stocks, attracting investors back to the U.S. market and negatively impacting gold prices.In October 2022 I said we were 
      5701
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      Dollar Will Rally & Gold Price Will Lose As Inevitable Debt Deal Looms
    • SgpFlashIronManSgpFlashIronMan
      ·2023-05-30
      253Comment
      Report
    • Capital_InsightsCapital_Insights
      ·2023-05-30

      Ned Davis Research:U.S. Stocks Getting Steadily after Technology Giants Rise

      In May 2022, after large U.S. technology stocks announced their results one after another, U.S. stocks experienced the largest sell-off in 21 years. The $NASDAQ(.IXIC)$ index fell for 7 consecutive weeks, the longest decline in 21 years. A sell-off unlike anything tech stocks have ever seen.However, in May this year, contrary to last year, almost all large-scale technology stocks performed surprisingly, and the $NASDAQ(.IXIC)$ rose steadily. Analysts believe that the rising trend of technology stocks will continue, and it is expected to usher in a bull market for U.S. stocks.Monthly Chart, as of 30 MayGood profitability against inflationThe pandemic is gradually receding, countries around the world all
      3.24K2
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      Ned Davis Research:U.S. Stocks Getting Steadily after Technology Giants Rise
    • MaverickWealthBuilderMaverickWealthBuilder
      ·2023-05-29

      Debt limit made breakthrough, so did of US stocks?

      Since May, the market's biggest concern has shifted from CPI to the discussion of the US debt limit. The media is creating an atmosphere of fear if the US government defaults. If a black swan event occurs, it will be unavoidable for stocks, bonds and currencies to experience a "triple kill". However, it is common for both parties in Congress to reach consensus at the last minute because no one wants to become such a "heinous criminal".As we have discussed before, with Republicans controlling the House of Representatives and Democrats controlling the Senate and White House, their main disagreement lies in raising the debt ceiling under certain conditions. Republicans believe that raising the debt ceiling must be accompanied by strict fiscal reduction commitments while Democrats hope to rais
      6.86K7
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      Debt limit made breakthrough, so did of US stocks?
    • Tiger_InsightsTiger_Insights
      ·2023-05-29

      Institution Views| Market Liquidity Analysis Following Debt Ceiling Agreement in Principle

      As of May 29th, President Joe Biden and House Speaker Kevin McCarthy have announced they have agreed in principle to raise the US debt ceiling and avert a default. For the market, reaching a debt ceiling agreement may mean the start of a new round of liquidity shocks, as it would allow for the issuance of new US Treasuries.According to the US Department of Treasury forecast, approximately $1.46 trillion US Treasuries are expected to be issued in Q2 and Q3 of this year, which will inevitably absorb a significant portion of market funds.Source: Tebon SecuritiesWhy new issued Treasuries may cause a liquidity crisis?Generally, when new Treasuries are issued, the balance of TGA on the liability side of Fed will be increased. Assuming the asset side remains unchanged, the issuance leads to the d
      17.85K7
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      Institution Views| Market Liquidity Analysis Following Debt Ceiling Agreement in Principle
    • ZEROHEROZEROHERO
      ·2023-05-29

      Deal Done To Avoid A Default, What’s Next?

      Thanks to Tiger for awarding the weekly top predictions for SPY over the weekend again! Let’s get ready for more profit in the week ahead! Join me to raid the market 🤑 “We have come to an agreement in principle,” House Speaker Kevin McCarthy said Saturday in the Capitol. “We still have a lot of work to do, but I believe this is an agreement in principle that’s worthy of the American people.” McCarthy said he spoke to President Joe Biden twice on Saturday about the plan. “I expect to finish the writing of the bill, checking with the White House and speaking to the president again tomorrow afternoon,” said the California Republican, “Then posting the text of it tomorrow, and then be voting on it on Wednesday.” The deal, he said, “has historic reductions in spending, consequential
      72.71K94
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      Deal Done To Avoid A Default, What’s Next?
    • Mr akMr ak
      ·2023-05-28
      The space program is a global endeavor that involves the exploration and study of outer space. It has been a focus of scientific, technological, and political interest since the launch of the first artificial satellite, Sputnik 1, in 1957. Today, space agencies around the world, such as NASA, ESA, and Roscosmos, continue to push the boundaries of human knowledge and capability in space exploration. The goals of the space program include advancing scientific understanding of the universe, developing new technologies and materials, and inspiring the next generation of scientists and explorers. The space program has resulted in many significant achievements, including human spaceflight, robotic missions to other planets, and the development of satellite technology for communication, navigatio
      55511
      Report
    • AsphenAsphen
      ·2023-05-28

      Debt ceiling settled! What will it do to the market?

      SPY - Keep an eye on QQQ! It will influence how SPY goes! - Reached ~421 on Friday rally - 2nd breakout above 416 in recent weeks - Area of balance remains between 405 to 416 - False breakouts and back into 405/416 range will just mean a head fake - 30mins chart see a possible inverse basing/cup - Debt ceiling deal done (just) may give a last push rally on Tuesday? - But "might" pullback after that - But as usual, do not predict, watch price action. ==> So any pullbacks to 416 will be my key watch My watch - 416 as a support level for pullbacks - Can still be a bull flag formation - Breaking back into 405/416 range will then watch for 414, 409, 405 levels - Mainly 409 as that is the full formation of the inverse cup Good luck, all Reminder - Observe, React, DO NOT predict! -------------
      1.10K22
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      Debt ceiling settled! What will it do to the market?
    • ZEROHEROZEROHERO
      ·2023-05-28

      Debt Crisis To Be Resolved As Expected

      $Invesco QQQ Trust(QQQ)$ 42% gain from taking calls on trending Friday. Thanks to Tiger for awarding the weekly top predictions for QQQ again. Looking forward to more winnings in the week ahead 🤑 Stocks rallied Friday on rising optimism that D.C. lawmakers will reach a deal to raise the U.S. debt ceiling, led by the tech-heavy Nasdaq, which closed at its highest level since August. Two-year U.S. Treasury yields rose for an 11th straight session after the latest government data showed inflation picking up more than expected, and Federal Reserve Bank President Loretta Mester said she would not rule out another rate hike next month. Avoiding credit score downgrade Debt talks are still ongoing, but appear to
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      Debt Crisis To Be Resolved As Expected
    • HexyhexHexyhex
      ·2023-05-27
      The best app yet try it out
      4991
      Report
    • BeRichBeRich
      ·2023-05-27
      Jhvghhwjwjjsjsjsjjzjsndnndmrmrjrj
      246Comment
      Report
    • OursBlueOursBlue
      ·2023-05-26
      Stock will stable 🙈
      82Comment
      Report
    • Eddie2121Eddie2121
      ·2023-05-26
      [Happy] [Happy] [Happy] 
      371Comment
      Report
    • Tiger_commentsTiger_comments
      ·2023-05-24

      Risk Alert! Broader Market May Pull back; Tech Stocks Overbought?

      The White House warns of a potential stock market crash exceeding 45% in the event of a US Debt default. As the debt crisis continue to brew, the stock market now stays at a high level since Aug. of 2022. There are several dangerous signs of a possible pullback of broader market.Risk 1: Debt default may cause a 45% market crash?Analysts warn of more volitility in stock market.Back in 2011, the two parties in the United States reached a compromise at the last minute to avoid a debt default, leading to the first-ever downgrade of the U.S. Treasuries credit rating by Standard & Poor's.Some strategists warn that the stock market may experience volatility before June 1, the so-called “X-day.”Currently, as the deadline approaches, stock market investors do not appear to b
      10.55K51
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      Risk Alert! Broader Market May Pull back; Tech Stocks Overbought?
    • bs6969bs6969
      ·2023-05-24
      🐯🐻🧸🐻‍❄️📉🧸🐻📉Spy is bearish due to the debt ceiling I might enter sneakingly after the correction maybe Friday  $SPDR ETF(SPY)$  I feel we are not facing a simple binary outcome when it comes to the debt-ceiling standoff. There are several potential scenarios that could unfold, each with its own implications for the markets and investors. Let's explore some of these possibilities: Last-Minute Deal: In this scenario, President Biden and House Speaker McCarthy manage to reach a compromise before the deadline. While this outcome would likely provide temporary relief to the markets, it could still involve spending cuts that could act as a fiscal drag on the economy. Consequently, equities and non-government bond
      79011
      Report
    • ZEROHEROZEROHERO
      ·2023-05-29

      Deal Done To Avoid A Default, What’s Next?

      Thanks to Tiger for awarding the weekly top predictions for SPY over the weekend again! Let’s get ready for more profit in the week ahead! Join me to raid the market 🤑 “We have come to an agreement in principle,” House Speaker Kevin McCarthy said Saturday in the Capitol. “We still have a lot of work to do, but I believe this is an agreement in principle that’s worthy of the American people.” McCarthy said he spoke to President Joe Biden twice on Saturday about the plan. “I expect to finish the writing of the bill, checking with the White House and speaking to the president again tomorrow afternoon,” said the California Republican, “Then posting the text of it tomorrow, and then be voting on it on Wednesday.” The deal, he said, “has historic reductions in spending, consequential
      72.71K94
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      Deal Done To Avoid A Default, What’s Next?
    • MaverickWealthBuilderMaverickWealthBuilder
      ·2023-05-23

      Should Singapore Airlines still a good choice after a YTD 15% increase?

      Since the doubling of capacity and historic high profits in the super-strong 2023 fiscal year (ending March 31, 2023), $SINGAPORE AIRLINES LTD(C6L.SI)$ stock price has risen more than 7% in the five trading days after the financial report released, reaching a new high since the pandemic low point in 2020. A recovery of Covid-19FY23 (April 2022 to March 2023) SIA record revenue of SGD17.78 billion, a YoY increase of 133%; operating profit of SGD2.69 billion, an increase of SGD3.3 billion YoY; net profit of SGD2.16 billion, an increase of SGD3.12 billion YoY.Total expenses were SGD15.01 billion, with fuel costs increasing by 147% YoY due to rising oil prices to reach SGD5.96 billion; however, excellent hedging transactions won back SGD750 million
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      Should Singapore Airlines still a good choice after a YTD 15% increase?
    • ZEROHEROZEROHERO
      ·2023-05-28

      Debt Crisis To Be Resolved As Expected

      $Invesco QQQ Trust(QQQ)$ 42% gain from taking calls on trending Friday. Thanks to Tiger for awarding the weekly top predictions for QQQ again. Looking forward to more winnings in the week ahead 🤑 Stocks rallied Friday on rising optimism that D.C. lawmakers will reach a deal to raise the U.S. debt ceiling, led by the tech-heavy Nasdaq, which closed at its highest level since August. Two-year U.S. Treasury yields rose for an 11th straight session after the latest government data showed inflation picking up more than expected, and Federal Reserve Bank President Loretta Mester said she would not rule out another rate hike next month. Avoiding credit score downgrade Debt talks are still ongoing, but appear to
      76.55K79
      Report
      Debt Crisis To Be Resolved As Expected
    • Tiger_InsightsTiger_Insights
      ·2023-05-29

      Institution Views| Market Liquidity Analysis Following Debt Ceiling Agreement in Principle

      As of May 29th, President Joe Biden and House Speaker Kevin McCarthy have announced they have agreed in principle to raise the US debt ceiling and avert a default. For the market, reaching a debt ceiling agreement may mean the start of a new round of liquidity shocks, as it would allow for the issuance of new US Treasuries.According to the US Department of Treasury forecast, approximately $1.46 trillion US Treasuries are expected to be issued in Q2 and Q3 of this year, which will inevitably absorb a significant portion of market funds.Source: Tebon SecuritiesWhy new issued Treasuries may cause a liquidity crisis?Generally, when new Treasuries are issued, the balance of TGA on the liability side of Fed will be increased. Assuming the asset side remains unchanged, the issuance leads to the d
      17.85K7
      Report
      Institution Views| Market Liquidity Analysis Following Debt Ceiling Agreement in Principle
    • MaverickWealthBuilderMaverickWealthBuilder
      ·2023-05-29

      Debt limit made breakthrough, so did of US stocks?

      Since May, the market's biggest concern has shifted from CPI to the discussion of the US debt limit. The media is creating an atmosphere of fear if the US government defaults. If a black swan event occurs, it will be unavoidable for stocks, bonds and currencies to experience a "triple kill". However, it is common for both parties in Congress to reach consensus at the last minute because no one wants to become such a "heinous criminal".As we have discussed before, with Republicans controlling the House of Representatives and Democrats controlling the Senate and White House, their main disagreement lies in raising the debt ceiling under certain conditions. Republicans believe that raising the debt ceiling must be accompanied by strict fiscal reduction commitments while Democrats hope to rais
      6.86K7
      Report
      Debt limit made breakthrough, so did of US stocks?
    • Tiger_commentsTiger_comments
      ·2023-05-24

      Risk Alert! Broader Market May Pull back; Tech Stocks Overbought?

      The White House warns of a potential stock market crash exceeding 45% in the event of a US Debt default. As the debt crisis continue to brew, the stock market now stays at a high level since Aug. of 2022. There are several dangerous signs of a possible pullback of broader market.Risk 1: Debt default may cause a 45% market crash?Analysts warn of more volitility in stock market.Back in 2011, the two parties in the United States reached a compromise at the last minute to avoid a debt default, leading to the first-ever downgrade of the U.S. Treasuries credit rating by Standard & Poor's.Some strategists warn that the stock market may experience volatility before June 1, the so-called “X-day.”Currently, as the deadline approaches, stock market investors do not appear to b
      10.55K51
      Report
      Risk Alert! Broader Market May Pull back; Tech Stocks Overbought?
    • Capital_InsightsCapital_Insights
      ·2023-05-30

      Ned Davis Research:U.S. Stocks Getting Steadily after Technology Giants Rise

      In May 2022, after large U.S. technology stocks announced their results one after another, U.S. stocks experienced the largest sell-off in 21 years. The $NASDAQ(.IXIC)$ index fell for 7 consecutive weeks, the longest decline in 21 years. A sell-off unlike anything tech stocks have ever seen.However, in May this year, contrary to last year, almost all large-scale technology stocks performed surprisingly, and the $NASDAQ(.IXIC)$ rose steadily. Analysts believe that the rising trend of technology stocks will continue, and it is expected to usher in a bull market for U.S. stocks.Monthly Chart, as of 30 MayGood profitability against inflationThe pandemic is gradually receding, countries around the world all
      3.24K2
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      Ned Davis Research:U.S. Stocks Getting Steadily after Technology Giants Rise
    • ETF TrackerETF Tracker
      ·2023-05-24

      How Markets and ETFs Are Bracing for Debt Ceiling Crisis

      As negotiations on raising the U.S. government's $31.4 trillion debt ceiling approach the deadline, financial institutions on Wall Street are gearing up for the potential consequences of a default. Given that U.S. Government bonds serve as a foundation for the global financial system, accurately predicting the extent of the damage that could be caused by default is challenging. However, industry executives anticipate significant volatility across equity, debt and various other markets.According to an article on Reuters, financial institutions, including banks, brokers and trading platforms, are preparing to address potential disruptions in the Treasury market and bracing for increased volatility in the broader financial landscape.What Will be the Potential Impact of a Default?Trading Treas
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      How Markets and ETFs Are Bracing for Debt Ceiling Crisis
    • Frank_HolmesFrank_Holmes
      ·2023-05-23

      Bitcoin Ranks High As A Safe-Haven Asset As Household Debt Climbs To $17 Trillion

      Once a year, Miami becomes a global Mecca for Bitcoin enthusiasts and advocates when the city hosts the titular conference celebrating the largest digital asset by market value. With a $525 billion market cap, Bitcoin is currently the world’s 12th biggest asset, just behind Tesla ($550 billion) and ahead of Visa ($485 billion). As I told the audience during my keynote speech, it’s remarkable that Bitcoin has managed to do this, as it has no CEO, no marketing budget and no board of directors. Although attendance was down this year compared to last — mostly because Bitcoin’s price is still off its record high of approximately $69,000, set in November 2021 — there was nevertheless an impressive turnout of investors of all ages, industry leaders, policymakers and more. It should tell you
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      Bitcoin Ranks High As A Safe-Haven Asset As Household Debt Climbs To $17 Trillion
    • OptionspuppyOptionspuppy
      ·2023-05-23
       📈🏦🌊🚛Debt Ceiling Issue and Its Impact on the Stock Market: A Rollercoaster Ride  $S&P 500(.SPX)$  $Invesco QQQ Trust(QQQ)$  Introduction: In the world of finance, few events can cause as much turbulence as the debate over the debt ceiling. This critical issue, which arises when a country's government reaches its borrowing limit, has far-reaching implications. One area that is particularly sensitive to the debt ceiling issue is the stock market. In this article, we will explore how the debt ceiling issue affects the stock market, examining its potential impact, investor sentiment, and the rollercoaster ride it can create. Understan
      5555
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    • Futures_ProFutures_Pro
      ·2023-05-30

      Dollar Will Rally & Gold Price Will Lose As Inevitable Debt Deal Looms

      By Kevin GeorgeAuthor of "The Stock Market is Easy - How to Avoid the Pitfalls of the Average Investor".Key Points:$Gold - main 2306(GCmain)$ prices could face a downturn as the debt ceiling drama is expected to resolve, leading to a market rally and a stronger r$USD Index(USDindex.FOREX)$ .UBS predicts gold to reach all-time highs by year-end, but the author disagrees, citing the triple-top resistance dating back to 2011.A debt ceiling deal or "breach" deal could result in a significant rally in stocks, attracting investors back to the U.S. market and negatively impacting gold prices.In October 2022 I said we were 
      5701
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      Dollar Will Rally & Gold Price Will Lose As Inevitable Debt Deal Looms
    • bs6969bs6969
      ·2023-05-24
      🐯🐻🧸🐻‍❄️📉🧸🐻📉Spy is bearish due to the debt ceiling I might enter sneakingly after the correction maybe Friday  $SPDR ETF(SPY)$  I feel we are not facing a simple binary outcome when it comes to the debt-ceiling standoff. There are several potential scenarios that could unfold, each with its own implications for the markets and investors. Let's explore some of these possibilities: Last-Minute Deal: In this scenario, President Biden and House Speaker McCarthy manage to reach a compromise before the deadline. While this outcome would likely provide temporary relief to the markets, it could still involve spending cuts that could act as a fiscal drag on the economy. Consequently, equities and non-government bond
      79011
      Report
    • BlinkfansBlinkfans
      ·2023-05-23
       The Debt Ceiling Drama: Will They or Won't They?📈🏦💦😆👍🚛🐟🥜🐯 Tomoko Chan: "Oh, the drama! It seems like those politicians can't agree on anything, can they? Well, guess what? They're at it again, but this time it's all about the debt ceiling. You know, that pesky little limit on how much Uncle Sam can borrow. Let's dive into this hilarious political standoff and find out what it means for our wallets!" $SPDR ETF(SPY)$ $Vanguard ETF(VOO)$ So, what's the deal with the debt ceiling? Well, the U.S. government loves to spend money, and they finance a big chunk of it by borrowing through Treasury bonds. Currently, they've hit the limit on their borrowing, which is set at a w
      4936
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    • Tiger_NewspressTiger_Newspress
      ·2023-05-22

      Pre-Bell|Futures Lay Flat Ahead of U.S. Debt Talks; Micron, Meta Shares Slide

      World shares were in a cautious mood on Monday and Wall Street futures lay flat as stalled U.S. debt ceiling negotiations approached crunch time.U.S. President Joe Biden and House Republican Speaker Kevin McCarthy will meet to discuss the debt ceiling on Monday, less than two weeks before a June 1 deadline after which Treasury expects the federal government will struggle to pay its debts.Market SnapshotAt 8:20 a.m. ET, Dow e-minis were up 12 points, or 0.04%, S&P 500 e-minis were down 0.25 points, or 0.01%, and Nasdaq 100 e-minis were down 6.5 points, or 0.05%.Pre-Market Movers$Apple(AAPL)$ — Shares of the iPhone maker fell about 1% premarket after Loop Capital downgraded Apple’s stock to hold from buy. Loop predicts that the co
      447Comment
      Report
      Pre-Bell|Futures Lay Flat Ahead of U.S. Debt Talks; Micron, Meta Shares Slide
    • MaverickWealthBuilderMaverickWealthBuilder
      ·2023-05-23

      Debt-limit talks, interest rate peaksin June, is the market overly optimistic?

      On a macro level, there were two major events in the past week that gave investors further confidence. Firstly, the market believes that the Fed will pause its rate hikes in June and has received corresponding information from FOMC members. Powell's dovish stance is based on credit tightening caused by the banking crisis, which has to some extent already had a contractionary effect, thus supporting expectations of lower peak interest rates than previously anticipated. As a result, the market reacted strongly with US bond yields rising and USD exchange rates strengthening.However, pausing rate hikes in June does not mean they will stop altogether as other officials have expressed support for continuing them. Atlanta Fed President Bostic stated that inflation may be more sticky than what mar
      10.84K6
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      Debt-limit talks, interest rate peaksin June, is the market overly optimistic?
    • MaverickWealthBuilderMaverickWealthBuilder
      ·2023-06-02

      Will debt ceiling breakthrough be beneficial for SOFI?

      The debt ceiling and interest rate hikes are the two major concerns in the market at the beginning of June. The debt ceiling bill has already been passed by both houses of Congress, while the implied probability of no interest rate hike in June has risen to 75%. Many Federal Reserve officials, including the President of the Federal Reserve Bank of Philadelphia, have called for skipping the rate hike.Due to traders' increased expectations that the Federal Open Market Committee will not raise rates at its meeting on June 13-14, numerous fintech companies have seen significant gains. For example, $Upstart Holdings, Inc.(UPST)$ rose 9.2% on Thursday, $Blend Labs, Inc.(BLND)$ ose 3.1%, and
      3.06K6
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      Will debt ceiling breakthrough be beneficial for SOFI?
    • BtkmBtkm
      ·2023-06-01
      The US debt ceiling is the legal limit on how much the federal government can borrow to pay its existing obligations, such as Social Security benefits, military salaries, and interest on the national debt¹. If the debt ceiling is not raised by Congress and the President before the Treasury runs out of cash, the US could default on its debt obligations, which would have severe consequences for the economy and the financial markets². The impact of the debt ceiling on the market depends on several factors, such as the likelihood of a default, the duration of the impasse, the size of the spending cuts, and the market expectations¹. In general, a prolonged debt ceiling standoff could increase market volatility, raise borrowing costs, lower consumer and business confidence, and reduce economic g
      53210
      Report
    • ZEROHEROZEROHERO
      ·2023-05-22

      ‌ Debt Ceiling Headline Continues To Dominate The Price Action

      Thanks to Tiger for awarding the weekly top predictions on QQQ again. Join me to bank in the week ahead! 🤑 President Joe Biden has reportedly urged his negotiators to keep following a debt-limit deal after House Speaker Kevin McCarthy indicated both parties may reach an agreement as soon as this weekend. In a call early Friday from Japan, where Biden is attending the Group of Seven summit, the President told his negotiating team in Washington that he's confident Congress will act in time, reported Bloomberg citing a White House official. Price drop supported until more talks In a call that roughly lasted for 20 minutes, negotiators informed Biden they were making steady progress, the report said. However, news of an impasse from the last meeting caused the U.S. markets to end in red al
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      ‌ Debt Ceiling Headline Continues To Dominate The Price Action
    • Lionel8383Lionel8383
      ·2023-05-22

      Expect Volatility to pick up as debt ceiling impasse continues

      The latest news on raising the US debt ceiling is that President Biden and Speaker of the House of Representatives Kevin McCarthy remain optimistic that they are getting close to working out an agreement to raise the debt ceiling, in which they will speak again on Monday as President Biden returns to Washington after his trip to Japan. The two leaders held a phone call on Sunday and both sides were positive on their call. The S&P 500 gained 1.65% last week, reached a high of 4,212.91 points on last Friday but closed slightly down at 4,191.99 points. Surprisingly, the VIX (Volatility Index) remains under 20, indicating that the markets are still in a neutral region. The VIX was between 25 to 30 in mid March but has dipped to below 20 since then. It is likely that as the debt ceiling im
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      Expect Volatility to pick up as debt ceiling impasse continues
    • AsphenAsphen
      ·2023-05-28

      Debt ceiling settled! What will it do to the market?

      SPY - Keep an eye on QQQ! It will influence how SPY goes! - Reached ~421 on Friday rally - 2nd breakout above 416 in recent weeks - Area of balance remains between 405 to 416 - False breakouts and back into 405/416 range will just mean a head fake - 30mins chart see a possible inverse basing/cup - Debt ceiling deal done (just) may give a last push rally on Tuesday? - But "might" pullback after that - But as usual, do not predict, watch price action. ==> So any pullbacks to 416 will be my key watch My watch - 416 as a support level for pullbacks - Can still be a bull flag formation - Breaking back into 405/416 range will then watch for 414, 409, 405 levels - Mainly 409 as that is the full formation of the inverse cup Good luck, all Reminder - Observe, React, DO NOT predict! -------------
      1.10K22
      Report
      Debt ceiling settled! What will it do to the market?