Good Morning!
At the start of the year, the market was pricing rate cuts, and we have now shifted to forecasting hikes. This reversal has put real strain on tech, as higher rates always hurt growth stocks. Fragile peace in the Middle East as each side strikes during the weekend.
Looking ahead, the calendar is very light, with Warsh speaking today and tomorrow, US unemployment expected to be steady, and non-farm payrolls expected to be softer than the last print, while next week we get FOMC minutes.

Important Dates


WE CALLED IT

XAU — Long
+1%
$3975 → $4010PEAR — Spot (Degen)
+50%
$12.5M → $19M
HYPE — Long
+8.4%
$59 → $64

OKTA
+49% from late June
Hit TP1 of $127.
LIF
+18%

WIZARD’S WEEKLY MUSING
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