Band of Traders - Together We Trade 10-23-2022: Battle of the Billionaire Bears
This week in the China Shop, the top stories are the potential slowing down of Fed rate hikes, claims that the Meme Era is over and similarities between the silver and copper markets. In Stock News, Bezos and Musk fight over the title of richest bear and NFLX announces new fees to crack down on password sharing. Over in the Crypto Corner, BTC is less volatile than the Nasdaq and SPY for the first time since 2020 while the bear market claims another crypto casualty. With only one week left in October's Bet, the Bulls hold a sizable lead and do their best not to screw it up.
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Links:
Fed Rate Debate Shifts to How and When to Slow Down
US Budget Deficit Cut in Half for Biggest Decrease Ever
'Strikingly Tight' Copper Market Belies Price Drop
The Era of Meme Stocks is Over?
AMZN Hires Hawaiian Air to Fly Rented Airbus Cargo Jets
NFLX to Begin Charging Extra User Fees Early Next Year
BTC Volatility Falls Below QQQ and SPY for First Time Since 2020
Sims Pioneer Will Wright is Making a Blockchain Game
Bear Market Claims Another Crypto Casualty
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