💥💥Data night at 20:30 tonight! A double test from jobless claims + PPI!!
Pay attention, everyone: we’ve just taken a hit from the CPI data, and now another batch of major figures is due. Initial jobless claims, September PPI, and retail sales are all coming out in quick succession. The U.S. stock, crypto, and memory sectors could see another big swing. Let’s take a look at how to position ourselves ahead of time.
PPI is a leading indicator of inflation, and the expected monthly rate is already higher than the previous reading. Add in energy prices feeding through to production, and any upside surprise would confirm that inflation is passing from production to consumers. The odds of a rate hike in October would be pushed to the limit, putting further pressure on tech stocks, memory stocks, and crypto. Even if the figure comes in slightly below expectations, it would likely just be a technical bounce after an excessive decline—not a reversal of the broader downtrend. Initial jobless claims are expected to come in at just 200,000, only slightly above the previous reading. The U.S. labor market is still resilient, so this is unlikely to provide the kind of positive news that could derail rate-hike expectations.
Taking these two points into account, I boldly predict that tonight’s data will be bearish for U.S. stocks and crypto. Those holding long positions may want to prioritize exiting around their entry price. Waiting until after the data is released before entering again would be a more cautious approach.
Anyone hoping to catch tonight’s data-driven moves? If so, come join my chat room first, and I’ll help you plan your positions!!!
#以太坊跌破2400美元 #BTC跌破8.1万美元 #交易员押注美联储再加息三次 $BTC $ETH $SKHYNIX
Pay attention, everyone: we’ve just taken a hit from the CPI data, and now another batch of major figures is due. Initial jobless claims, September PPI, and retail sales are all coming out in quick succession. The U.S. stock, crypto, and memory sectors could see another big swing. Let’s take a look at how to position ourselves ahead of time.
PPI is a leading indicator of inflation, and the expected monthly rate is already higher than the previous reading. Add in energy prices feeding through to production, and any upside surprise would confirm that inflation is passing from production to consumers. The odds of a rate hike in October would be pushed to the limit, putting further pressure on tech stocks, memory stocks, and crypto. Even if the figure comes in slightly below expectations, it would likely just be a technical bounce after an excessive decline—not a reversal of the broader downtrend. Initial jobless claims are expected to come in at just 200,000, only slightly above the previous reading. The U.S. labor market is still resilient, so this is unlikely to provide the kind of positive news that could derail rate-hike expectations.
Taking these two points into account, I boldly predict that tonight’s data will be bearish for U.S. stocks and crypto. Those holding long positions may want to prioritize exiting around their entry price. Waiting until after the data is released before entering again would be a more cautious approach.
Anyone hoping to catch tonight’s data-driven moves? If so, come join my chat room first, and I’ll help you plan your positions!!!
#以太坊跌破2400美元 #BTC跌破8.1万美元 #交易员押注美联储再加息三次 $BTC $ETH $SKHYNIX