US Nonfarm Payrolls reported an increase in job creation from 150K in October to 199K in November.The Federal Reserve is expected to keep the interest rates stable at 5.25% to 5.50% during the next meeting on December 13.Bitcoin price, along with the rest of the crypto market, observed a slight decline in the past hour, as expected.The United States Bureau of Labor Statistics (BLS), in its Nonfarm Payrolls (NFP) data, reported the creation of 199K jobs in the month of November, wildly surpassing the expectations of 180K jobs. This data, while expected to have a significant impact on the market, ended up being a low-impact event on Bitcoin price and other crypto assets.US NFP data surpasses expectationsThe creation of 199K jobs, as per the Nonfarm Payrolls report, is a sign of the US job market remaining strong despite the tightening in financial conditions. This also suggests that the likelihood of earlier rate cuts might decrease.With the jobs report coming in higher than the market’s forecast of 180K, the unemployment rate also declined. The unemployment rate was expected to remain steady at 3.9% but instead dropped to 3.7%.The impact of the strong jobs report can be seen in the market, wherein the probability of a rate cut has decreased considerably. Amidst cooling inflation in the US, market expectations the Federal Reserve is done with its tightening cycle are increasing, foreseing rate cuts going forward. The CME FedWatch Tool is also noting a 97.5% chance of the Fed keeping the target rate unchanged at 5.25% to 5.50% during the next Federal Open Market Committee (FOMC) meeting.CME FedWatch ToolBitcoin price remains steadyBitcoin price, along with the rest of the market, did not observe much change in the price. Trading at $43,559 at the time of writing, BTC staged a minor decline of 0.45% in the past hour. BTC/USD 1-day chartSimilarly, the total crypto market capitalization in the 24-hour timeframe remained positive, observing a 1% increase. Crucial altcoins such as Ethereum, Cardano, Ripple, Solana and Avalanche reported positive numbers in the past hour as well.Generally, job increases tend to strengthen the US Dollar, which has a negative impact on stocks, commodities, etc. Since crypto tends to share a positive correlation with the stock market, BTC, particularly a bearish move, is the most likely outcome.Thus, as the FOMC makes its decision regarding the interest rates in the next meeting, Bitcoin could see some potential decrease to $42,000.

S&P 500 defended my key 4,555 level, the plan presented yesterday worked, and stocks even managed to get to 4,590. As optimistic as that result is, it‘s still within the long and tight range ruling since second half of Nov. While positive in general, the rotations and market breadth leave much to be desired following yesterday – advance-decline line at only 960 is relatively weak, and indicative of still consolidation before FOMC.As regards individual stocks, the yesterday publicly discussed NVDA, AAPL and MSFT (and the NFLX with TSLA talked in premium analytics) worked well, and also AMD confirmed the turn in semiconductors (before NVDA did).What was though most valuable about yesterday, was that sticking to a robust plan brought victory.I‘ve already published today‘s NFPs plan for intraday traders – and when it comes to swing trading positions, there is no immediate need to react either way.Keep enjoying the lively Twitter feed via keeping my tab open at all times (notifications on aren't enough) – combine with subscribing to my Youtube channel, and of course Telegram that always delivers my extra calls (head off to Twitter to talk to me there), but getting the key daily analytics right into your mailbox is the bedrock.So, make sure you‘re signed up for the free newsletter and make use of both Twitter and Telegram - benefit and find out why I'm the most blocked market analyst and trader on Twitter. Let‘s move right into the charts (all courtesy of www.stockcharts.com) – today‘s full scale article contains 3 of them, featuring S&P 500, precious metals and oil.Tired of seeing those red boxes instead of way more valuable information? Try the premium services based on what and how you trade.S&P 500 and Nasdaq OutlookThe developments inside tech sectors were positive yesterday, but breaking first 4,590 and then 4,615 needs continued tech leadership – and objectively speaking, the air is thin out up there these days. The strong advance off late Oct lows is still being worked off – and I‘m looking for further juicy move to take time to develop. Most in the market place are still of the buy the dip sentiment, but experiencing a quick flush instead of lengthier sideways consolidation, isn‘t unimaginable.How to approach the current setup in terms of trading and investing, I'm leaving reserved for clients.Thank you for having read today‘s free analysis, which is a small part of my site‘s daily premium Monica's Trading Signals covering all the markets you're used to (stocks, bonds, gold, silver, miners, oil, copper, cryptos), and of the daily premium Monica's Stock Signals presenting stocks and bonds only. Both publications feature real-time trade calls and intraday updates. This is how you can join.Go beyond the free Monica‘s Insider Club serving instant publishing notifications and other content useful for making your own trade moves. Turn notifications on, and have my Twitter profile (tweets only) opened in a fresh tab so as not to miss a thing – such as extra intraday opportunities. Thanks for all your support that makes this great ride possible!

S&P 500 disappointed the bulls on a daily basis, and the overall performance esp. NDX, XLC, XLF, XLI and XLU casts short-term doubts over the island continuation theme – i.e. over the tight range sideways move that keeps above 4,555 key support. The key three stocks to watch for signs of leadership, are NVDA, AAPL and MSFT – the upswing (strength rebuilding within a rotation that is led higher by tech – by the way, see how things turned out after I took aim at the momentary Russell 2000 over Nasdaq outperformance?) or at least sideways to gently up move still above the key 4,555 support seeing more advance-decline line improvement.I also hope you didn’t miss the timely warning and didn’t rush into oil...To give you a relevant preview – incl. chart commentary – as to what counts as proper intraday ES analytics within our channel (swing traders needn‘t to act right now as the views held for 1-2 weeks ahead, haven‘t changed)…Keep enjoying the lively Twitter feed via keeping my tab open at all times (notifications on aren't enough) – combine with subscribing to my Youtube channel, and of course Telegram that always delivers my extra calls (head off to Twitter to talk to me there), but getting the key daily analytics right into your mailbox is the bedrock.So, make sure you‘re signed up for the free newsletter and make use of both Twitter and Telegram - benefit and find out why I'm the most blocked market analyst and trader on Twitter. Let‘s move right into the charts (all courtesy of www.stockcharts.com) – today‘s full scale article contains 5 of them, featuring S&P 500, credit markets, precious metals and oil.Tired of seeing those red boxes instead of way more valuable information? Try the premium services based on what and how you trade.Credit MarketsBonds dialed back their daily optimism, and confirm the very short-term caution regarding stocks. Alarm bells aren’t ringing, but the color that’s flashing is yellow.Thank you for having read today‘s free analysis, which is a small part of my site‘s daily premium Monica's Trading Signals covering all the markets you're used to (stocks, bonds, gold, silver, miners, oil, copper, cryptos), and of the daily premium Monica's Stock Signals presenting stocks and bonds only. Both publications feature real-time trade calls and intraday updates. This is how you can join.Go beyond the free Monica‘s Insider Club serving instant publishing notifications and other content useful for making your own trade moves. Turn notifications on, and have my Twitter profile (tweets only) opened in a fresh tab so as not to miss a thing – such as extra intraday opportunities. Thanks for all your support that makes this great ride possible!

S&P 500 rebounded on underwhelming JOLTS data just as I looked for the index to go up, overcame the key 4,575 support turned resistance, but got rejected at more crucial 4,585 level. The rally was driven by the Magnificent 7, resp. Nasdaq again – and there are signs Russell 2000 is starting to struggle. The pullback in cyclicals – where it matters most (KRE, XLF, XLI, XLRE) had been still orderly, which paints a bit confusing picture for quite a few days before the nonfarm payrolls and especially the nearest FOMC. Nimble traders have an advantage in the remaining days – unless you want to stick with the big picture assessment of mine – therefore, I‘ll present those views below as for clients as it would be impossible to capitalize on the moves thanks to daily articles only..Keep enjoying the lively Twitter feed via keeping my tab open at all times (notifications on aren't enough) – combine with subscribing to my Youtube channel, and of course Telegram that always delivers my extra calls (head off to Twitter to talk to me there), but getting the key daily analytics right into your mailbox is the bedrock.So, make sure you‘re signed up for the free newsletter and make use of both Twitter and Telegram - benefit and find out why I'm the most blocked market analyst and trader on Twitter. Let‘s move right into the charts (all courtesy of www.stockcharts.com) – today‘s full scale article contains 5 of them, featuring S&P 500, credit markets, precious metals and oil.Tired of seeing those red boxes instead of way more valuable information? Try the premium services based on what and how you trade.Credit MarketsBonds are strengthening, and risk taking is still getting rewarded. When the dollar start sputtering – that could be first close to EURUSD 1.0730 – I‘d be looking for yields to rise a bit for a short while again. The trend is though clear – yields are to be retreating.Talking about rewarding risk taking still, junk bonds are to outperform quality (Treasury) ones – and now, we‘re on the doorstep of slowdown in these trades – one that wouldn‘t disrupt the upswing if you‘re patient (this year bonds are going up still).Thank you for having read today‘s free analysis, which is a small part of my site‘s daily premium Monica's Trading Signals covering all the markets you're used to (stocks, bonds, gold, silver, miners, oil, copper, cryptos), and of the daily premium Monica's Stock Signals presenting stocks and bonds only. Both publications feature real-time trade calls and intraday updates. This is how you can join.Go beyond the free Monica‘s Insider Club serving instant publishing notifications and other content useful for making your own trade moves. Turn notifications on, and have my Twitter profile (tweets only) opened in a fresh tab so as not to miss a thing – such as extra intraday opportunities. Thanks for all your support that makes this great ride possible!

In the fast-paced world of cryptocurrencies, simplicity and profitability are key. For beginners seeking an attractive option for generating stable income with minimal effort, cloud mining provides an appealing choice. In this article, we will explore the concept of cloud mining, with a special focus on SUNminer as the leading platform to kickstart your journey towards earning $200 or more per day. The Allure of Cloud Mining Cloud mining has long been a favorite among cryptocurrency enthusiasts for its ease of use and accessibility. Unlike traditional mining, it requires no expensive hardware, technical expertise, or constant monitoring. Cloud mining simplifies the process, allowing anyone, regardless of experience, to participate in the cryptocurrency revolution. Instead of investing in expensive mining equipment and managing intricate setups, users can lease mining power from remote data centers and receive a share of the profits generated. SUN miner: Where Laziness Meets Profitability SUN miner takes the simplicity of cloud mining to the next level, making it an ideal choice for beginners. The platform’s user-friendly interface ensures that even those new to cryptocurrency can navigate with ease. With SUN miner, laziness isn’t a drawback; it’s a pathway to success. As a pioneer in providing cloud mining services, SUN miner boasts multiple mining facilities worldwide and has earned the trust of over 9550000 users globally through its stable returns and secure guarantees. SUN miner relies on renewable energy sources like solar and wind power to fuel its cloud mining operations, significantly reducing mining costs and integrating surplus electricity into the grid. This means you can access substantial mining power without the need for expensive hardware or the hassle of dealing with noise and heat at home. All that’s required is your computer or mobile phone to sign a mining contract and start reaping rewards. Earning Potential Beyond Imagination What sets SUN miner apart is its potential for extraordinary daily earnings. With the opportunity to make $200 or more per day, SUNminer empowers users to turn their dreams of online wealth into a reality. Imagine waking up to substantial earnings without the need for constant effort or complex setups – that’s the promise SUN miner delivers on. Security and Reliability In the world of cryptocurrency, trust and security are paramount.  SUN mine understands this and places user safety at the forefront. With a commitment to transparency and legitimacy, SUN miner ensures that your investments are protected, allowing you to focus on reaping the rewards.   How to Get Started: Initiating your cloud mining journey with SUN miner is a straightforward process. Follow these simple steps to begin earning a passive income: Sign Up: Create an account on the SUN miner platform. Choose a Plan: Select a mining plan that aligns with your goals. SUN miner: Begin mining immediately, and let SUN miner powerful hardware work for you. Receive Daily Payouts: Enjoy the convenience of daily payouts, providing a consistent income stream. Additional bonuses: Sign-up Bonus: Get an instant bonus of $10.00 when you sign up to start mining earnings. Invitation income: Increase mining income by inviting friends. Get an ongoing reward of 3% of your mining activity. SUN miner contract   Contract of SUN miner  SUNmine offers contracts that are not only straightforward but also highly diverse, providing you with a range of options to suit your investment needs. They offer stable and no-risk fixed returns. Join the Laziest Way to Wealth As the cryptocurrency market continues to evolve, SUN miner remains a pioneer in the field, offering an effortless path to profitability. Whether you’re a seasoned crypto enthusiast or a complete novice,SUN miner welcomes you to join the ranks of those enjoying passive income with ease. In conclusion, SUN miner is a testament to the power of simplicity in the world of cryptocurrency. With its emphasis on user-friendliness, security, and the potential for extraordinary daily earnings, it provides a unique opportunity for beginners and experts alike. Join SUNmine rtoday and embark on the laziest, yet most rewarding, journey to online wealth. If you want to know more about SUNminer, please visit its official Website: http://www.sunminer.com/  Sun Miner can be searched and downloaded by entering “SUNminer” in the Apple Store.

Services PMIs expected to remain soft, as RBA leaves rates unchanged By Michael Hewson (Chief Market Analyst at CMC Markets UK)   European markets got off to a rather lacklustre start to the week, weighed down by a rebound in the US dollar as well as weakness in basic resources and energy prices, as investors took a pause after the gains of the past couple of weeks.  US markets fared little better, sliding back in the face of a modest rebound in yields as investors hit the pause button ahead of this week's jobs data, which is due at the end of the week, with markets in Europe set to open slightly weaker this morning.   Earlier this morning the RBA left rates on hold at 4.35% after last month's decision to raise rates by another 25bps. Despite last month's surprise decision to raise rates today's decision acknowledged that inflation was now starting to moderate in goods even as concerns remained about services inflation. Nonetheless, despite this acknowledgement that inflation appears to be slowing there was little indication that the central bank was considering another rate move in the near term. Last month's decision to raise rates was driven by concern about domestic price pressures and while today's decision to hold was a relief there was little sign that a policy change in either direction was being considered with Governor Bullock acknowledging significant uncertainties around the outlook.   Nonetheless today's decision to hold came against a backdrop of a month which has seen 2-year yields decline almost 40bps from their 4.52% peaks on the 1st November, as markets surmised the central bank is now done, with the Australian dollar falling sharply.   The recovery in US yields yesterday appeared to be because of the possibility that the declines seen over the past few days may have been a little too much too quickly, given Powell's comments on Friday last week when he pushed back on the idea that rate cuts were on the cards for the first half of 2024.   There is certainly an element of the market getting ahead of itself when you look at a US economy that grew at 5.1% in Q3 and still has an unemployment rate of 3.9%. The same sadly cannot be said for Europe where the French and German economies could well already be in recession.   While recent manufacturing PMI data in Europe suggests that economic activity might be bottoming out, the same can't be said for the services sector which on the basis of recent inflation data is experiencing sticky levels of inflation. This in turn is prompting a continued hawkish narrative from the ECB despite rising evidence that the bloc is already in contraction and possible recession as well. Recent data from the French economy showed economic activity contracted in Q3 and there has been little evidence of an improvement in Q4.   The recent flash PMIs showed that services activity remained stuck in the low 45's, although economic activity does appear to be improving, edging higher to 48.7. The main concern is that the resilience shown by the likes of Spain and Italy as their tourism season winds down appears to have declined after Italy fell sharply in October to 47.7, while Spain was steady at 51.1, although both are expected to show slight improvements in today's November numbers with a rise to 48.3 and 51.6 respectively.   The UK economy also appears to be showing slightly more resilience where there was saw a recovery into expansion territory in the recent flash numbers to 50.5, while earlier this morning the latest British Retail Consortium retail sales numbers for November, which showed that consumers remained cautious despite the increasing number of Black Friday deals ahead of the Christmas period as retailers looked to tempt shoppers into opening their wallets. Like for like sales in November rose 2.6%, the same as the previous month, with sales of high value goods remaining soft, with consumers preferring to go with lower ticket and essential items spend of food and drink, health and personal care.      In the US we also have the latest October JOLTS job opening numbers which are expected to show vacancies slow from 9.5m to 9.3m, while the latest ISM services survey forecast to show a resilient economy.   The headline is expected to show an improvement to 52.3, with prices paid at 58 and employment improving to 51.4 from 50.2 due to additional holiday period hiring. Gold prices are also in focus after yesterday's new record high saw a sharp reversal with prices closing lower in what looks like a bull trap and could see prices pause for a period of time and retest the $2,000 an ounce in the absence of a rebound.     EUR/USD – continues to look soft dropping below the 200-day SMA at 1.0825, with a break of the 1.0800 having the potential to retest the 1.0670 area. Resistance now at the 1.0940 area, and behind that at last week's highs at 1.1015/20.   GBP/USD – the failure to move above the 1.2720/30 area has seen the pound slip back with support at the 1.2590 area currently holding. A break below 1.2570 signals a deeper pullback towards the 1.2460 area and 200-day SMA. A move through the 1.2740 area signals a move towards 1.2820.    EUR/GBP – found support at the 0.8555 area for the moment, but while below the 0.8615/20 area, the risk remains for a move towards the September lows at 0.8520, and potentially further towards the August lows at 0.8490.   USD/JPY – found some support at the 146.20 area in the short term, with resistance now at the 148.10 area. Looks vulnerable to further losses while below this cloud resistance with the next support at the 144.50 area.   FTSE100 is expected to open 15 points lower at 7,498   DAX is expected to open 9 points higher at 16,413   CAC40 is expected to open 3 points lower at 7,329

In the intricate tapestry of personal finance, there are moments when securing a loan becomes not just a financial transaction but a strategic move. While the idea of borrowing money may raise eyebrows for some, there are situations where a loan can be your best ally, offering a lifeline during challenging times. Let's delve into these scenarios and explore the ways loans can be a prudent financial choice. 1. Emergency Expenses and the Need for Quick Funds The course of life is uncertain, and unforeseen emergencies are expected. Whether facing an abrupt medical bill, a car breakdown, or home repairs, the urgency for immediate funds becomes paramount. In such cases, loans in minutes take center stage. Modern lending platforms and financial institutions have streamlined processes, allowing individuals to secure loans swiftly. This can make a significant difference in addressing urgent financial needs. 2. Capitalizing on Investment Opportunities In the realm of investments, timing is often key to success. There are instances when a promising investment opportunity arises, but the window for capitalizing on it is limited. In these situations, obtaining a loan to seize the moment can be a strategic move. Whether it's a real estate deal, a business venture, or a stock market opportunity, having access to quick financing can open doors that might otherwise remain closed. 3. Consolidating High-Interest Debt Managing multiple debts with varying interest rates can be challenging and financially draining. If you find yourself juggling credit card bills, personal loans, and other high-interest debts, consolidating them into a single, lower-interest loan can provide relief. This can simplify your financial obligations and reduce the overall interest burden, making it easier to regain control of your financial situation. 4. Bridging the Income Gap During Unemployment Unforeseen circumstances, such as job loss or career transitions, can lead to temporary income gaps. During these challenging periods, a well-considered loan can act as a bridge, helping you cover essential expenses until you secure a new source of income. It serves as a short-term solution to prevent financial strain and maintain stability during times of uncertainty. 5. Pursuing Educational Aspirations Investing in education is an investment in oneself. Whether you're considering further studies, professional certifications, or skill development courses, the cost of education can be a barrier. Taking out a loan to fund your educational aspirations can be wise, especially if it enhances your skills, opens new career opportunities, or increases your earning potential in the long run. 6. Home Renovation Projects Owning a home comes with the need for periodic maintenance and renovations. These projects enhance the quality of living and contribute to the property's value. When you’re low on cash, securing a loan for home renovations can be a strategic choice, as it allows you to make improvements that will pay off in the long term, both in terms of comfort and potential resale value. In conclusion, while the idea of loans may be associated with caution, there are circumstances where they become invaluable tools for navigating life's financial challenges. Whether it's responding to emergencies, seizing investment opportunities, or pursuing personal development, a well-managed loan can be a reliable ally. Remember, the key lies in thoughtful consideration, responsible borrowing, and aligning your financial decisions with your long-term goals. 

Market pictureThe crypto market made another leap forward on Tuesday afternoon after spending less than 24 hours in consolidation mode. In the last day, the total crypto cap reached $1.6 trillion, up 3.9% in a day, 11% in a week and 20% in 30 days. The acceleration in recent days is evident, which may reflect both speculators hastily closing short positions and increasing FOMO.Bitcoin is adding over 5% in 24 hours, trading near $43.7K at the time of writing and touching $44.5K at the start of the day. Previously, we have repeatedly noted "thin air territory" in the $40-46K range. The market did not linger here in previous times, and we should look for hints of turning points not earlier than the $46-47K area, where there was a reversal in March last year and temporary support in 2021.Ethereum tested $2300 but has so far quickly retreated to $2260. In the dynamics of ETH since the middle of last year, a broad upward channel can be identified, the upper boundary of which now passes through $2430. It is worth being prepared for the bulls to pull the price closer to these levels before deciding to take profits.News backgroundAccording to unconfirmed rumours, Qatar's sovereign wealth fund is preparing to enter the crypto market with huge investments and invest up to $500 billion in VTS, said Max Kaiser, advisor to the president of El Salvador. In his opinion, VTS may soon overcome the $150K mark and go further.Bloomberg Intelligence strategist Mike McGlone believes Bitcoin is now showing much more strength than gold, which hit record highs earlier in the week but then collapsed 5%.Brazil's largest bank, Itau Unibanco, has launched a Bitcoin and Ethereum trading service for clients of its investment platform, confirming its willingness to become a full participant in the country's growing cryptocurrency market.Tether's unrealised profits from Bitcoin investments reached $1.1 billion. According to EmberCN, Tether holds 57,576 BTC with a purchase price of $22,480 per coin.Cryptocurrencies have spent a record $19 million on lobbying in the US this year. The leader in spending on defending its interests was cryptocurrency exchange Coinbase, which this year allocated $2.16 million for lobbying.