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Another Full Retrace
Issue #162
Good morning!
On the geopolitical front, Trump announced tariffs on imports from eight European nations (going from 10% to 25% by June) unless they support his bid to purchase Greenland. This has caused a sell-off across all equities and crypto and is the main current driver of markets. Gold and silver continue rallying and are the best performers.
Over the week, we got de-escalation in Iran with the likelihood of imminent US military involvement dropping, at least according to recent statements.
Looking ahead, we get US GDP and PCE tomorrow, both expected to support risk assets as they grow and soften, respectively. Personal income and spending are expected to grow at a weaker rate. On Friday, the BoJ is expected to keep rates unchanged as inflation is expected to tick down.
Trades on Our Radar This Week🔥
Equities: APLD, SIDU, NYSE, SGML, LIF, MSTR
Crypto: ETH, HYPE, BNB, SOL, FARTCOIN
Plan it. Alert it. Slam it.
✅ Read the trades
🔔 Set alerts
🎯 Time your entry
NXE: +7% for the month (+41% one month) on the back of continued upwards momentum in the Uranium price and market anticipation ahead of its CNSC hearing from Feb 7-13 and expectations for full environmental approvals in the subsequent 60 days following.
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