The market’s focus this week will be on economic news and any fresh developments on tariffs, the next Fed Chair, and Greenland. On Wednesday, Dec pending home sales are expected to fall -0.5% m/m. On Thursday, initial weekly unemployment claims are expected to climb by +12,000 to 210,000. Also, Q3 GDP is expected to be unrevised at +4.3% (q/q annualized). In addition, Nov personal spending is expected to be up +0.5% m/m, and Nov personal income is expected to rise +0.4% m/m. Finally, the Nov core PCE price ...

Market Trends - BTC surged past $125 thousand without institutional or ETF support [1] - Rally fueled by strong retail demand and safe-haven buying amid the US government shutdown [1] Investment Opportunities and Potential Risks - Signs of overheating exist in the market [1] - Sustaining the rally depends on institutional flows and leveraged positions [1]

Core Insights - Jim Wyckoff has over 25 years of experience in stock, financial, and commodity markets, including roles as a financial journalist and market analyst [1][2] - He has covered all futures markets traded in the U.S. during his career [1] - Wyckoff operates an analytical and trading advisory service called "Jim Wyckoff on the Markets" [2] Group 1 - Jim Wyckoff has a background in journalism and economics, having studied at Iowa State University [2] - He has worked with various financial news and advisory services, including Dow Jones Newswires and TraderPlanet.com [2] - Wyckoff provides daily market roundups and technical analysis on Kitco.com [3]