"We Did it Joe!"

Hi There! As I find myself in December, it's the opportune time for me to embark on a journey of reflection and forward-thinking. This month grants me the invaluable chance to look back on the entirety of 2023, celebrating the triumphs of achieved goals and dissecting the lessons from those that fell short. It's a moment to appreciate the manifestations that have taken shape throughout the year, gaining clarity on the paths I’ve paved. December invites me to dream bigger, to set ambitious goals for the coming year, and to craft strategic plans to turn those aspirations into reality. I take this time to, not only acknowledge my accomplishments, but to chart a course for an even more fulfilling and successful 2024. The canvas is blank, and the possibilities are endless – envisioning a vibrant picture of my future achievements.

Alright, let’s dig in!

Last week was a real celebration for stock market enthusiasts, as the S&P 500 experienced its best day of the entire year last Friday. The positive momentum from November carried right into December. The S&P 500 rose by 0.77%, the Dow surged by an impressive 2.4%, and the Nasdaq made a solid gain of 0.38%. This marked the fifth straight week of gains for these major indexes. Investors were feeling optimistic due in part to a Personal Consumption Expenditures (PCE) Price Index reading that aligned with expectations.  This suggests the Fed might keep interest rates steady. Some investors were speculating about potential rate cuts, but there's a catch: it might happen if the economy slows down faster than anticipated. Lower rates will also cause some stir in the housing market. For now, stocks seem poised to finish 2023 at or near their yearly highs, but upcoming economic data might introduce some twists and turns.  We shall see! 

Here are other key highlights from last week:

• Oil prices fell more than 2% on investor skepticism about OPEC+ cuts

• Bitcoin broke $42K resistance in latest bullish swing

• Bored Ape Band takes over Roblox with “Kingship Islands”

• Casio to unwind another exclusive collection of G-SHOCK NFTs on Dec 15

• Polygon zkEVM now supports the Bridged USDC Standard

We are in the first full week of December:

The first week of December started with a burst of excitement then quickly hit a snag along the way. Initially, the U.S. ISM Non-Manufacturing PMI and Prices for November brought positive news, surpassing expectations. Unfortunately, the U.S. JOLTs Job Openings and ADP Nonfarm Employment Change in November fell well below expectations. These disappointing reports signal a slowdown in the labour market, adding weight to the possibility of rate cuts in March 2024.

As the week unfolds, it's important to keep a close watch on the Average Hourly Earnings for November, the Nonfarm Payroll (NFP) report, and the Unemployment Rate. These indicators will offer more insights into the job market and overall economic health, shaping speculations on Federal Reserve Interest Rates in the new year.

Earnings season continues to dwindle. The most anticipated earnings releases this week are shown in the chart below.

This Week’s High-Impact Global Economic Data Highlights:

• Japan Q3 Gross Domestic Product (GDP) Report

• Reserve Bank of Australia (RBA) Interest Rate Decision

• Bank of Canada Interest Rate

• China Trade Balance

• China Consumer Price Index (CPI) and Producer Price Index (PPI)

• Germany CPI and Factory Orders

This week's anticipated bias (not financial or investment advice):

• Monday (12/04/23) - Protect your profits

• Tuesday (12/05/23) - Trade after the news

• Wednesday (12/06/23) - Bullish

• Thursday (12/07/23) - Market expected to trend

• Friday (12/08/23) - Pay yourselves

Trading Tip: U.S. Stock Market Performance average returns up to +1.4%!

Week 11/26/23 - 12/02/23 Recap

Special Tools and Strategies

In the ever-active Crypto Market, where things are always changing, fresh tools are emerging to make tracking investments a breeze, discover new opportunities, and provide users with a clearer understanding of the information that's presented. One such tool that's user-friendly, especially for beginners, is the DEX Screener.

DEX Screener is a user-friendly platform designed for traders and investors in the crypto space. With this tool, tracking and analyzing real-time data from different decentralized exchanges (DEXs) and chains becomes straightforward. Users can keep tabs on token prices, trading volumes, and on-chain trades effortlessly, with insights to make well-informed investment choices.

DEX Screener also lets you explore newer coins not yet listed on platforms like CoinMarketCap or CoinGecko. Further, it can be customize by adjusting the site's appearance and charts to one's liking for a smoother user experience. Users can enjoy the flexibility of a mobile app available on both iOS and Android for on-the-go access.

Key Features that makes the screener popular:

Search Option:

• Utilize the "Search" bar on the left side of the main page to find a desired token or pair by typing the name or token contract address.

• This feature also provides a list of tokens with "Recently Updated Token Info".

Chart:

• Once the chart is displayed, any technical analysis tool can be used for a detailed analysis.

• Refer to the screenshot of the platform below:

  • On the right side, there is information about token price, liquidity, fully diluted valuation, market cap, the DEX the coin is traded on, and more.

    • Price alerts can be set by clicking the specific button on the right. Any alerts set will also appear in the left menu.

  • At the bottom, there are various filters to explore for more in-depth analysis. For instance, set filters under "Type" to view only buy information or track token whales.

Multicharts:

• Create a personalized dashboard for comparing price movements and identifying patterns.

• Add up to 16 dynamic charts provided by TradingView.

Trends:

• Explore trending pairs/tokens in the last hour.

  • View trend types like price change, current listings, volume increases.

  • Check the platform/blockchain for the token's listing (Ethereum, Polygon, Solana, etc.).

  • Explore trends over different timeframes.

New Pairs:

• Discover the newest pair listings across exchanges.

• Review information based on pair name, current price, listing time, traded volume, market liquidity, etc.

Gainers & Losers:

• Identify the movers and shakers in the world of tokens on a specific network/blockchain.

Keep Track of Your Trades:

• Monitor trading activities, track profits and losses, and adjust your strategy as needed.

• Save chart settings and watchlists for quick access.

Disclaimer: This newsletter is strictly educational. The information this report provides does not constitute investment, financial, trading, or any other advice. You should not treat any of the report’s content as such. Please be careful and do your research.