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- Daily Technical Strategy
- Market Update
Technicals Suggest Another Leg Higher in BTC Dominance, ConsenSys Sues the SEC
Major equity indices are rallying on the back of solid earnings, with both the $SPX and $QQQ up over 1%. Meanwhile, crypto markets are churning lower, which is understandable as we should not expect crypto to rally alongside equities during an earnings-driven market. Crypto remains an apparently undecided market ahead...
- US Policy
Blinken to China, Ukraine votes implications
Last week the Congress demonstrated that it isn’t always dysfunctional when it passed the military supplemental aid package for Ukraine, Israel, and Taiwan. For good measure, Congress also threw in the mandate that TikTok get a new owner or be banned from the US. The TikTok ban likely came up...
- Funding Fridays
Series A Funding Continues to Shine
WEEKLY RECAP Crypto funding was relatively unchanged week-over-week, with a 4% decrease to $138 million, while deal count saw a larger decrease, falling 29% to 25 deals. Infrastructure deals comprised 73% of total funding and Web3 and Gaming combined for 26%, with remaining categories making up the last 1%. As...
- First to Market
The More Things Change
A daily market update from FS Insight — what you need to know ahead of opening bell “Plus ça change, plus c'est la même chose.” — Jean-Baptiste Alphonse Karr OVERNIGHT Musk’s xAI is close to raising $6 billion from Sequoia, others (TI) Foreign aid package comes with new sanctions risks...
- First Word
Two steps forward, one step back, yet equities still up 1% for the week. Friday's March PCE important.
VIDEO: This has been a challenging week for markets, but the overall message to us is companies are delivering strong earnings and investors are still wary that inflation might be accelerating. We get a better answer with April CPI in a few weeks. Please click below to view our Macro Minute (duration:...
- Comments
- Crypto Research
Buyers On Strike, But Leaning Bullish into Next Week
BUYERS ON STRIKE Last week, we discussed our immediate-term cautious approach to the crypto market, highlighting recent geopolitical tensions, tax-related selling, negative fiscal flows, and the persistent rise in real yields as reasons for a more risk-averse positioning (albeit relative, as holding 7.5% in cash and the rest in crypto...
- Daily Technical Strategy
Technology looks to be turning higher, despite higher rates
THE RALLY WHICH STARTED MONDAY LIKELY SHOULD CARRY SPX BACK TO 5400. A FIVE-WAVE ADVANCE HIGHER REPRESENTED THE FIRST REAL POSITIVE STRUCTURAL EFFORT OFF THE LOWS, AND BOTH US DOLLAR AND TREASURY YIELDS LOOK CLOSE TO TURNING BACK LOWER. AS I INDICATED IN RECENT DAYS, TECHNOLOGY AS A SECTOR IS...
- Macro Minute Video
Video: Macro Minute: Two steps forward, one step back, yet equities still up 1% for the week. Friday's March PCE important.
VIDEO: This has been a challenging week for markets, but the overall message to us is companies are delivering strong earnings and investors are still wary that inflation might be accelerating. We get a better answer with April CPI in a few weeks. Please click below to view our Macro Minute (duration:...