Here’s Your Early Birthday Present 🎁
Good morning, and welcome to another week of making the market work for you!
I hope you had a restful weekend because it's time to dive back in and seize those opportunities.
Speaking of opportunities, did you know that Berkshire Hathaway just hit a $1 trillion valuation? And guess who’s got this early birthday present? 🎂
Their CEO and top investor, Warren Buffett! More cash in the bank.
And while we’re on the subject of big wins, the crypto market is minting millionaires at an unprecedented rate—up by 95% in just the last year. But that’s not all.
Gold, the classic hedge against uncertainty, is defying the odds and soaring in value, even as inflation fears loom large.
We’ve got a lot to unpack today, so grab your coffee and let’s get into what’s driving the markets this week.
🎢 Nvidia's Stock Falls While Dow Records New Highs
While the Dow is reaching unprecedented record highs, Nvidia's stock is plummeting. What's causing this market anomaly?
📄 US Data Release Triggers Asian and European Stock Rally
The Dow's recent surge has created a ripple effect that's been felt around the world, including in Asian markets. Discover how this global trend is impacting investors and the broader economy.
🎉 Berkshire Hathaway Reach a $1 Trillion Valuation
Warren Buffett, the CEO and largest shareholder of Berkshire Hathaway, will be grinning from ear to ear as the latest company earnings report reveals a record-breaking performance.
👑 FTSE 100 Breaks New Records While Other Markets Struggle
The US stock market celebrated a fresh record high for the Dow Jones Industrial Average, fueled by optimism surrounding a potential soft landing for the economy.
🎯 Number of Crypto Millionaires Reach The 95% Mark as Market Booms
The number of individuals holding over $1 million in crypto assets has skyrocketed in the past year, driven by the soaring prices of digital currencies like Bitcoin and Ethereum.
🪙 Gold Prices Soar Despite Inflation Fears
The precious metal has seen a significant surge in recent months, driven by economic uncertainty and geopolitical tensions. Discover how key U.S. inflation data are impacting the gold market.
🦅 US Dollar Shows Strength Amidst Softer Fed Rate Cut Outlook
The US dollar has rebounded, benefiting from a moderation in expectations for aggressive interest rate cuts by the Federal Reserve.
Ascending Triangle
The ascending triangle is a bullish continuation pattern, suggesting that buyers are gaining momentum and the uptrend is likely to persist. It's like the market is gathering strength for a powerful upward move, with each higher low representing a failed attempt by sellers to push the price down.
What to Look For:
- Ascending Lower Trendline: The lower trendline slopes upwards, connecting a series of higher lows. This indicates increasing buying pressure.
- Horizontal Upper Trendline: The upper trendline is horizontal, connecting a series of highs at roughly the same level. This indicates a strong resistance level that sellers are defending.
- Breakout: The pattern is confirmed when the price breaks above the upper trendline, often with increased volume. This signals a potential acceleration of the uptrend.
Ever have that moment where you’re staring at your trading screen, and you just know you’re capable of more?
Maybe you’ve caught glimpses of the trader you could be—the one who nails the market moves, the one who doesn’t second-guess every decision.
But then reality hits, and it feels like you’re stuck on repeat, making the same mistakes over and over again.
We’ve all been there—promising ourselves we’ll stick to a trading plan, only to slip back into old habits.
I learned this the hard way. After a particularly tough trading loss, the fear of losing more hit me hard.
That fear became my motivator, driving me to trade smarter and stay disciplined.
It wasn’t just about wanting to do better; it was about avoiding the pain of failure.
Here’s a tip: when setting trading goals, add an “or else” scenario.
Vividly imagine the consequences of not following through. Let the fear of past failures push you to stay on track.
Sometimes, it’s not just about the promise of success—it’s about the fear of failure that keeps us disciplined and focused.