To The Moon

Powell's dovish pivot at Jackson Hole lit a fire under risk assets. Traders now price a 90% chance of a September Fed cut, and U.S. equities + crypto both bounced hard. The question: does this rebound have legs into next week?

🔎 Macro Set-Up

Fed & Yields: Dovish tone fuels “risk-on,” but upcoming jobs data + CPI could test optimism.

Seasonality: Late August is choppy, but September often brings volatility before Q4 rallies.

Geopolitics: Ukraine/Russia talks and U.S. election headlines remain wildcards.

📊 Index Predictions (Next Week)

S&P 500 (SPY $645.31)

Range: $635–655.

Bullish scenario: Break $655 → upside toward $662.

Bearish scenario: Lose $635 → retest $625.

Nasdaq 100 (QQQ $571.97)

Range: $562–580.

Bullish case: If NVDA/AI megacaps keep momentum, test $585 possible.

Bearish case: Below $562 → slip toward $555.

Dow Jones (DIA $456.64)

Range: $450–463.

Fed dovishness lifts industrials; momentum above $463 opens $468.

🔍 Stock Focus

🔵 Circle Internet ($CRCL $135.04)

Outlook: Stabilizing after insider-driven secondary selling. Tracks crypto sentiment closely.

Prediction: Range $130–142.

Bullish case: Break above $142 → retest $150.

Bearish case: Slip below $130 → slide to $125 support.

Catalyst: USDC circulation updates or crypto bill/regulatory progress.

🟢 BitMine Immersion ($BMNR ~$53.5)

Outlook: Pure crypto-beta play; tracks BTC/ETH swings tightly.

Prediction: Range $50–60.

Bullish: If BTC holds >$115K & ETH >$4.7K, BMNR spikes to $58–60.

Bearish: BTC < $112K → BMNR likely dumps to $48–50.

Catalyst: Ethereum mining metrics, immersion cooling efficiency news.

🟠 CoreWeave ($CRWV $93.99)

Outlook: Strong AI positioning, but insider selling weighs. Volatility remains high.

Prediction: Range $90–100.

Bullish: Break $100 → surge toward $105.

Bearish: Fail $90 → pullback to $85.

Catalyst: AI cloud contract headlines, institutional flows.

⚡ Side Quest: Wolfspeed ($WOLF $1.41)

Outlook: Distressed but trading with speculative interest.

Prediction: Range $1.30–1.70.

Bullish: Break $1.50 → squeeze to $1.70.

Bearish: Fall under $1.30 → panic toward $1.10.

Catalyst: Any restructuring update or institutional accumulation.

🎯 Takeaway

Indexes: Expect choppy upward grind unless Powell's dovishness is challenged by data.

Crypto: Bitcoin ($116,723) needs to hold above $112K for the risk-on mood to continue.

Stocks:

$CRCL → watching $142/$130 as break levels.

$BMNR → pure crypto beta: $50–60 band.

$CRWV → volatility in $90–100.

$WOLF → lotto play, range $1.30–1.70.

I'm not a financial advisor. Trade wisely, Comrades!