dailytaguy

dailytaguy

METAUSD daily guidance is neutral with a bearish bias. Recommended ratio: 45% META, 55% Cash. * BOUNCE WATCH . Equities, Equity Futures, Commodities, Cryptos, CNYUSD, JPYUSD, GBPUSD, EURUSD and US Treasuries are up. DXY and VIX are down. META has now fallen 77% from its ATH in September 2021 after posting two consecutive quarters of revenue declines and is...

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BTCUSD daily guidance is cautiously bearish. Recommended ratio: 35% BTC, 65% Cash. *Cryptos are up after briefly dipping during Fed Chair Powell's press conference speech yesterday. DXY and US Treasuries are up on the Fed announcement that they still have a "ways to go" in raising the funds rate to sufficiently restrictive levels. This positive correlation is...

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SPXUSD daily guidance is cautiously bearish. Recommended ratio: 30% SPX, 70% Cash. * The Fed stayed on their path of moving to restrictive monetary policy and raised the funds rate by 75bps to 3.75%-4% . DXY, US Treasuries and Agriculture are up while Cryptos, Equities, Equity Futures, Metals, Energy, CNYUSD, JPYUSD, GBPUSD and EURUSD are all down. Fed Chair...

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DXYUSD daily guidance is neutral with a bullish bias. Recommended ratio: 52% DXY, 48% Cash. * FOMC WATCH . DXY, VIX and Agriculture are down while Cryptos, Equity Futures, US Treasuries, CNYUSD, JPYUSD, GBPUSD, EURUSD, Metals, Oil and Energy are up. White House Economic Advisor Bernstein said today that "President Biden has endorsed the Fed's policy pivot",...

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ETHUSD daily guidance neutral with a bearish bias. Recommended ratio: 40% ETH, 60% Cash. * FOMC WATCH . Cryptos are mixed with some altcoins up but most large-caps down. Equities, Equity Futures, JPYUSD, CNYUSD, GBPUSD, EURUSD, Gold and Oil are also down. DXY, US Treasuries, Agriculture, Nat Gas and VIX are up. Both Apple and Microsoft's top and bottom beat...

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SPXUSD daily guidance is neutral with a bullish bias. Recommended ratio: 55% SPX, 45% Cash. * CRITICAL RESISTANCE TEST . US Midterm elections take place in a little over a week (11/08) and markets are bracing for the FOMC statement on FFR at 2pm on 11/02. Equity Futures are down while Cryptos are mixed and seeing a case of the Sunday Scaries. The Nikkei 225...

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BTCUSD daily guidance is bullish. Recommended ratio: 90% BTC, 10% Cash. * SUNDAY SCARIES WATCH . Cryptos are up with a few in rally-mode this weekend; DOGE is currently up 50% in the past 24 hours and rose as much as 80% in today's session and SHIB (riding on the coattails of the DOGE rally) and is currently up 35% in the past 24 hours. This likely has to do...

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DXYUSD daily guidance is cautiously bearish. Recommended ratio: 25% DXY, 75% Cash. * 50MA RESISTANCE TEST. Both PCE price index and Core (without food and energy) for September saw the same increase from the August report , with PCE increasing 0.3% from August and Core increasing 0.5%. Though some may see this as plateauing, it's a bit premature and doesn't...

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ETHUSD daily guidance is bullish . Recommended ratio: 90% ETH, 10% Cash. **THIS POST WAS HIDDEN BY MODS YESTERDAY 😔. As you may know, I work full-time as an independent trader. When I'm not trading, I spend time with my wife and dog... and when I'm not spending time with my wife and dog, I post content on other social media as dailytaguy. In the name of...

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SPXUSD daily guidance is neutral with a bullish bias. Recommended ratio: 60% SPX, 40% Cash. * 50MA RESISTANCE TEST . Equity Futures, Hang Seng (Hong Kong) Index, Cryptos, DXY, US Treasuries and JPY are up while CNYUSD, GPBUSD and EURUSD are down. Equities and Commodities finished today's session higher. US September New Home Sales came -10.9% lower at 603k...

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DXYUSD daily guidance is cautiously bearish. Recommended ratio: 15% DXY, 85% Cash. * BOUNCE WATCH . DXY, US Treasuries and VIX are down while EURUSD, GBPUSD, JPYUSD, CNYUSD, Cryptos, Equities, Equity Futures and Commodities are up. US October Consumer Confidence dropped to 102.5 from 107.8 in September as consumers are beginning to expect economic decline...

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BTCUSD daily guidance is neutral with a bullish bias. Recommended ratio: 60% BTC, 40% Cash. * BULL TRAP WATCH . S&P October US Manufacturing PMI came in at a 28 month low of 49.9 compared to September's index of 52 , and Composite came in at 47.3 compared to September's 49.5. The rate of decrease in this month's Composite PMI is the third fastest since 2009....

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SPXUSD daily guidance is cautiously bullish. Recommended ratio: 70% SPX, 30% Cash. *Equity Futures are up to start the week and Cryptos are currently seeing some Sunday Scaries, this particular combination typically bodes well for the Equity bulls in Monday's trading session. DXY is up and US Treasuries are down. Today Russia accused Ukraine of planning to...

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ETHUSD daily guidance is neutral with a *bullshit* bias. Recommended ratio: 60% ETH, 40% Cash. * SUNDAY SCARIES WATCH . Russia has been notifying all Russian citizens in Kherson (Ukraine) to evacuate immediately due to the threat of impending "terrorist attacks" by Ukrainians . A few weeks ago, Putin announced that Russia officially recognizes Kherson and...

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DXYUSD daily guidance is cautiously bearish. Recommended ratio: 30% DXY, 70% Cash. *DXY, 10 Year US Treasury Bonds and VIX are taking a hit as JPYUSD, GBPUSD, EURUSD, 30 Year US Treasury Bonds, Cryptos, Equities, Equity Futures and Commodities are all up. This is after speculation that Japan's government had intervened in currency markets by selling USD for...

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BTCUSD daily guidance is neutral bearish. Recommended ratio: 35% BTC, 65% Cash. *BULL TRAP WATCH. Bitcoin is at a critical resistance and is currently testing a one year descending trendline. Cryptos, Equities, Equity Futures, Energy, Gold, GBPUSD and JPYUSD are all down while DXY, US Treasuries, VIX, Agriculture, EURUSD and CNYUSD are up. UK Prime Minister...

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SPXUSD daily guidance is cautiously bearish. Recommended ratio: 35% SPX, 65% Cash. * BOUNCE WATCH . US September Building Permits came in 1.4% higher than in August while Housing Starts registered 8.1% lower , following a recent trend of builders making more plans to build but being unable to start. Several factors contributing to this include average 30yr...

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ETHUSD daily guidance is neutral with a bullish bias. Recommended ratio: 60% ETH, 40% Cash. *Cryptos are mixed with certain altcoins like ANKR ( hot off of APTOS integration news ), ATOM and MATIC up while the broader market is mostly flat. Equities, Equity Futures, Gold, EURUSD and 30yr US Treasury bonds are up while VIX, Energy, Agriculture, 10yr US...