The Financial Pulse
mcbeard.bsky.social
The Financial Pulse
@mcbeard.bsky.social
Monitoring the financial pulse of the U.S. economy. Evidence-based analysis of markets, policy, and economic trends to keep you informed. #Finance #Economy #MarketInsights
What are your thoughts on oil’s price action? Are we headed for a reversal or a deeper breakdown? 📉🛢️

Drop your opinions below ⬇️
#EnergyMarkets #WTI #Traders
December 17, 2024 at 6:57 PM
Scenarios to Watch:
1️⃣ Bullish: Hold support, break $68.08 → target $71.41 resistance.
2️⃣ Bearish: Lose $66.93 → test $66 or lower.

Oil at a critical inflection point. Watch for confirmation in price action. 🛢️
#WTI #TradingSignals #OilMarkets
December 17, 2024 at 6:57 PM
Rejected Breakdown:

Long wick candle signals buyers stepped in to defend support.

RSI neutral at 50.23 → no clear momentum yet.

Descending channel still intact = caution ⚠️

Short-term: Range-bound movement. Close above or below key levels will decide direction.
#OilTrading #Charting
December 17, 2024 at 6:57 PM
Key Levels to Watch:

Support: $66.93–66.36 (neckline defended)

Resistance: $68.08, and further up $71.41.
A close above $68.08 could see oil testing higher levels, while losing support could signal a drop to $66 or lower.
#CrudeOil #WTI #Markets
December 17, 2024 at 6:57 PM
Oh, for sure. I'm a big fan of Dave Ramsey and Caleb Hammers shows. You definitely get perspective on how dire the need for a base financial education is.
December 13, 2024 at 1:54 PM
Rising PPI = higher production costs, likely to pass to consumers. Signals persistent inflation → Fed may hold rates higher for longer. Watch equities, bonds, and USD for volatility. 📈💼 #Inflation #Economy #MarketUpdate
December 12, 2024 at 10:09 PM
🌟 Takeaway:
Markets are mixed, the Fed hints at relief, and inflation continues its slow retreat. Keep an eye on next week's CPI for direction! 📅

What’s your money move this week? Let’s discuss! 💬👇
#ThisWeekInMoney #BlueSkyEconomy
December 7, 2024 at 5:51 PM
💳 Personal Finance Spotlight

#Inflation easing, but grocery prices still up 5% YoY.

#HolidaySpending: Americans expected to average $980, up 4%.

Tip: Plan budgets now to avoid January regrets!
#Budgeting #FinanceTips
December 7, 2024 at 5:51 PM
📈 Economic Indicators

Nov #JobsReport: +180K jobs, unemployment steady at 3.8%.

#PMI: Manufacturing contracts again, hitting 48.2.

#Oil: WTI drops 2.5%, settling at $71/barrel.
#Economy #Macro
December 7, 2024 at 5:51 PM
🏦 Fed Watch

Powell signaled potential rate cuts in Q1 2025.

Bond yields fell, with 10Y Treasury dropping to 3.89%.

Futures now pricing in 60% chance of a March cut.
#FederalReserve #InterestRates
December 7, 2024 at 5:51 PM
📊 Markets Round-Up

#DJI dipped 0.8%, snapping its 3-week rally.

#NASDAQ up 1.2%, tech is still strong post-earnings.

#S&P500 flat; all eyes on upcoming CPI data!
#StockMarket #Investing
December 7, 2024 at 5:51 PM
Our Perspective

The economy shows resilience amid challenges. Positive consumer sentiment and job growth bolster confidence. While vigilance is necessary, current data supports an optimistic outlook.

What are your thoughts on these trends?

#EconomicOutlook #Discussion
December 6, 2024 at 7:41 PM
Interpreting the Data

The rise in consumer sentiment suggests increased spending potential. Job additions reflect labor market recovery post-October disruptions. An uptick in unemployment may indicate more individuals seeking employment, a positive labor force sign.

#EconomicInsights #LaborMarket
December 6, 2024 at 7:41 PM
🚨 Market implications of today’s PMI data:

1️⃣ Bonds: Could support lower yields as growth slows.
2️⃣ Equities: Markets might price in slower Fed hikes or rate cuts.
3️⃣ USD: Watch for potential weakness if growth concerns grow.

How are you navigating this?

#Investing #ISMData
December 4, 2024 at 5:40 PM
💡 Why does the ISM Services PMI matter?

The services sector drives a massive portion of the U.S. economy. A drop like this hints at cooling demand, which could influence Fed policy decisions.

What’s your take – sign of a slowdown or temporary blip?

#Finance #Macro
December 4, 2024 at 5:40 PM
🚨 Keep an eye on this:

Altcoin rallies often depend on BTC stability. If Bitcoin breaks support, funds could flow back to safety. For now, the alt season trend is gaining traction.

Are you rotating into alts or holding BTC?

#CryptoMarket #Altseason
December 4, 2024 at 2:32 PM
💡 What happens when BTC dominance drops?

That liquidity flows into altcoins, as traders seek better ROI while Bitcoin consolidates. This creates a surge in alt prices and volume – a classic rotation during stable BTC periods.

#Altcoins #CryptoTrading
December 4, 2024 at 2:32 PM