This week in markets Hey everyone! In today’s newsletter we’re highlighting the top posts from our community, which includes a deep dive into the important moves going on in the bond market (from two different angles!), a look at the new ‘short Bitcoin’ etf that’s launching, and a bullish call for Fantom, one of the biggest alt-chains. All that, plus: a wrap up from the recent Fed decision, a supply shock in the global cobalt supply, news in the budget airline hostile takeover arena, and so much more. Let’s jump in! Ideas from our Community 
Look at this unruly, inverted mess, the Fed has made “Here we have the Yield Curve: Treasuries are shown from lowest duration (US03MY) to highest duration (US30Y). Normally, the lowest duration treasuries yield the least (least) and the highest duration treasuries yield the most (riskiest). However, now the 3-Year Treasury yields more than the 5 year, 10 year and 30 year. The Fed has decided on a hard landing and is willing to cause a recession to combat high inflation. Let’s take a look at what that means for us!” nuggetrouble Open Idea
Proshares is launching a short Bitcoin ETF “Today we got news that ProShares is apparently listing their Short Bitcoin ETF on Tuesday, June 21. I would call this news a Bottom Signal. That said, what does it mean to the market? Let's examine.” BillCharison Open Idea Top Stories
Is Elongate upon us?
TSLA · Jun 21
A Synthetix surge
SNX · Jun 21
Pour some sugar on me
SAVE · Jun 21
Commodities crisis
COBALT · Jun 20
The “R” word runs rampant
NDX · Jun 17
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Earnings Roundup Earnings highlights from the previous week: Adobe & Oracle. Here’s who reports earnings this week:
Accenture Plc
EPS Estimate: 2.86
Fedex Corporation
EPS Estimate: 6.89
Carnival Corporation
EPS Estimate: -1.18
Jun 23 Economic calendar Eastern Time
Inflation Rate YoY
UK
Inflation Rate YoY
Canada
Inflation Rate YoY
Japan
New Home Sales
USA
Jun 24, 10:00
Fantom’s bullish divergence “Everyone is so focused on what Bitcoin is not doing that there’s a real risk the best opportunities are passing us by. Those opportunities are found in the alt tokens following massive sell offs. We find them by studying the BTC pairs. Check out this major divergence forming on Fantom…” 
without_worries Open Idea Jamie Dimon’s bond market hurricane “In 2021, as the US central bank and the Secretary of the Treasury continued to call rising inflation a “transitory” and pandemic-inspired event, the bond market declined. Bonds watched prices rise while the economists were pouring over stale data. Meanwhile, the Fed and government planted inflationary seeds that sprouted during the second half of 2020, bloomed in 2021, and grew into wild weeds in 2022. What’s going to happen next?” 
Andy_Hecht Open Idea Script of the Week Cumulative Volume Delta Candles “This indicator displays cumulative volume delta in candle form. It uses intrabar information to obtain more precise volume delta information than methods using only the chart's timeframe.
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