Market Weekly Recap & What's Ahead
After a week off, we will come back with a 2022 update to one of our favorite topics
Dear Sunday Investors:
Welcome to this week’s edition of the Sunday Investor! To our new members, the format of this weekly newsletter will be a deep-dive into one investment-topic. This week, we will be doing a weekly market recap followed by what’s to come in our next exciting article which will be an updated version of “How To Make Passive Income In The Crypto Market”, a topic we have written extensively about in Fall 2021. The crypto market moves fast, and we move faster as we go through new opportunities that will be outlined in this next article.
Read, enjoy and share with any friends. Let’s build wealth together.
Weekly Market Recap
Let’s dig into some of the most important events that happened in the markets in the last week:
Rollercoaster Week for Stocks/Crypto: Even with the volatility this last week, stocks ended up closing up last Friday. Apple’s strong earnings report helped boost the market and gave a sign that all is not dire for every tech company.
Despite this pump last Friday, the Nasdaq posts its worst January since 2008 S&P 500 recession, and the Dow Jones see worst month since March 2020 Covid volatility
White House Says It Wants Crypto Rules as a Matter of National Security so they’re releasing a memo in the next couple of weeks. More to come...
Fed Reserve Chairman Jerome Powell shook the market during the FOMC (Federal Open Markets Committee), promising interest rate hikes this coming March—the country’s first since 2018.
NFT’s have their best month ever: NFT volume breaks all-time-highs as the industry sees new users join and projects like Bored Ape Yacht Club floor prices break 115 ETH or $300k.
Taking the week off for vacation this upcoming Sunday, I will be putting work into a very valuable article which is an update on two previous articles I have written about in this newsletter on different ways of building passive income in the crypto market. If you have not read them, feel free to catch up through the links below:
Part 1: Decentralized Finance
Part 2: Decentralized Finance
Week’s Ahead
February 12th we will go back into a full-fledged article on DeFi, CeFi, Mining, and more ways to build passive income in crypto.
If you want to see anything specific, comment below and I will add it into a future newsletter!
Not financial or tax advice. The content in this newsletter is for informational purposes only. Every investment and trading move involves risk. Do your own research when making a decision.
It would be cool to see Kraken included as a staking opportunity for passive income!
Also, some of the delegating opportunities with Cardano would be cool to hear about. The ISPO concept may be a little confusing, but I think you could grasp and explain it! I participated in the MELD ISPO and was able to get in at a very low valuation.