Next Week's Market Outlook: Explosive Moves Expected Amid Tech Earnings and Volatility

Next Week's Market Outlook: Explosive Moves Expected Amid Tech Earnings and Volatility

Next week is anticipated to bring significant market movements and essential events to keep an eye on, according to Merlin's analysis. The weekly crypto asset fund flows report will be released, giving insights into the current state of the crypto market. Presently, the market has experienced stagnancy with no major price fluctuations. Subscribers can access information about Merlin's buying and selling activities through the reopened Patreon tier. For Bitcoin and XRP, the crypto market is currently in a range. The ongoing Ripple case has affected asset flows from companies investing in altcoins. As a result, more funds may flow into Bitcoin and other smaller cryptocurrencies. The upcoming earnings announcements by major tech companies like Google, Microsoft, and Facebook are expected to include discussions about blockchain technology. Tech stocks may face volatility in the coming months as their revenues have not shown significant year-over-year growth. The stocks have already risen due to positive news, raising concerns about potential corrections. The next week's volatility is expected to be influenced by significant tech earnings, the Federal Reserve's meeting, and the possibility of an interest rate hike. The tech earnings reports and the Fed's meeting could contribute to market volatility. A 25 basis point interest rate hike is highly anticipated, with a focus on the Fed's language concerning the economy and inflation. PCE numbers set to release next Friday will provide further insights into inflation trends. Options expiry and stock movements are also contributing to market volatility, with a large options expiry of over 2.3 trillion, including 500 billion in single stock options. Stocks like Tesla and Netflix have seen notable volatility. Market dips may not be a significant concern for those not buying at the top. Tesla's potential licensing of its full self-driving (FSD) technology could potentially generate 1.6 billion dollars annually and significantly increase the company's cash flow and revenues. This move might have a significant impact on Tesla's valuation and could set a precedent for other companies to license out self-driving technology. Additionally, Tesla recently added Bitcoin payment code on its website, suggesting the company's bullish stance on Bitcoin. This move might attract more attention and potential customers during the next Bull Run. Another positive sign for the cryptocurrency market is a big brand company considering accepting Bitcoin as payment. Although it is unclear if the company will ultimately accept Bitcoin, this development is a positive signal amid recent SEC decisions and growing interest from large investors. The current market sentiment is stable, neither bullish nor bearish, and there is some time before the next Bitcoin halving event. Merlin concludes the video with a thank-you message for watching, with more videos to be posted over the weekend. Investors and traders should be prepared for the anticipated explosive moves in the market next week, especially with the various influential events taking place.
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