Macro Money Manoeuvers

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Read time 5 minutes

Welcome back to the end of another week with Renaissance, the newsletter equivalent of Pinky and the Brain - we’re all here for world domination and getting wealthy one issue at a time. 💪

Let’s get into it. 💥

Today at a Glance:

Trades To Boost Your Portfolio
Three Keys To Thriving In Business

The Renaissance Over-Under

Crypto Market & NFT News

Trades To Boost Your Portfolio With Meme-ability, Trust and Narrative Front-running

You’ll be able to turn up to the family Christmas dinner this year and tell them all that their ‘little tech investor’ made it 🙄

⚡ Macro manoeuvres (spelt this correctly first time while writing drunk, wow, I’m impressed)

  • DeGods bridging from Solana to Ethereum in April 2023 marked the bottom of the SOL dip.

  • So DeGods now bridging back to Solana means...?

  • We’re calling the Eth bottom here and calling a buy signal. They zig, we zag! 😂 And to prove our case:

  • The focus is on SOL right now with most recent memes being run there. This is before the decision of the Eth ETF (which we’ve marked up recently to more likely now). But this move of focus onto SOL means attention is bottomed out on Eth…that’s where we like to find the fair value - like a neighbourhood peeping tom, in the shadows. 😂

🐋 Whales are bullish and accumulating ETH! Here’s a list of whales going long Eth this week to the tune of over $100M! 💰https://twitter.com/lookonchain/status/1782613537166344427 

Eyes peeled on Eth between now and the run-up to ETF approval!

⚡ Narrative front-runs

- $MEW to ATH soon and the price is going upppp just like we said it would.

- We took on $MANEKI ,the Chinese cat version basically, and caught a winner this week. When $MEW runs up, $MANEKI will have a second leg as well! We’ve taught you all this lesson time and time again for narrative and 2.0 plays.

- We mostly took profits and will wait for the first 50%+ dump to buy back in.

1) The election is around 5 months away….a big narrative with big polarising figures, including big papa Trump!

All eyes will be on this event, and as always, it will filter into a select few tokens for massive legs up. But by the time you read about it in the Wall Street Journal it’s already too lateeee. 

You know what’s going to get the win? $CONAN, Trump’s dog. It’s a sleeping giant with over $20Mcap - the target is $200M in 5 months. We are innnnnnnnnnnn

2) The grand meme play positions of the cycle: We’re buying bags and DCAing into these on red days!

  • $BOBO on ETH

  • $PEPE on ETH

  • $REDO on TON

⚡ And finally, scalp fast trades in the short term we’re looking at:

1) Absolute insane volume for $ELON

I think this goes to $100M if the volume stays this high!

2) $LARRY $600k to $5.3mil and running

3) Based bunny energyyyyy - this one has a great content strategy!

LITTLE BITS 😎

Hahahaha I need to see a dev’s face after saying this……

Forbes 30under30 Europe - if you want to find some interesting reading from across the pond and feel bad about yourself, here we go!

Tesla - This is what happens when you can’t focus and run multiple things at once, mistakessss! Shares went up anyway despite revenue being down 55% YoY!

The interesting part is that Tesla didn’t sell any bitcoin on it’s balance sheet… this may be an interesting dip to get bitcoin exposure with a twist while it’s cheap…

I’ll take the opposite side of the bet to anyone involved in banking telling me what the S&P 500 will do. Keep close eyes on it in the next few weeks, but like a kid at camp talking about his made-up girlfriend - I’m calling bullshit.

  • Over the last 100 years, the S&P 500 has seen at least three 5% pullbacks on average each year.

  • In 2023, two pullbacks of at least 5% occurred, whereas in 2022, the index had 8!

  • In 2008 there was 12!

  • The S&P 500 just ended a 6-day losing streak and this pullback is overrrr, I don’t see a crash happening, just simply history repeating itself with another minor pullback in the year.

Zuck’s PR team and stylist have really done a job reinventing his image hahah

Real Estate 🏠 - A little real estate rummaging is looking promising here…you’re welcome Renaissance 👇

  • Effective interest rate on mortgages outstanding is still 3.8%, half the current rate of 7.5%! 20% of people people are still locked in on deals this low! 💥 💥 💥 

  • BUT BUT BUT new home prices are dropping below existing home prices for the first time since 2005 because there’s no supply! (probably off the back of Covid and material costs being sky high)

  • Add in the fact that the interest rates are probably going up again, and that the interest rate hike run has been one of the longest in history proving the country is not in good shape with inflation. This means it’s a buying spree for newly built real estate with an aim to refinance in 2025. As like a man chasing another man’s girl - they can’t last forever. 👀 Rates this high can’t last forever after 14 straight months of rises!

NVDA at $700 last month compared to NVDA at $700 now:

NOSTALGIA OF THE DAY

Business, Money Markets & Financial News

Three Keys To Thriving In Business 🔑🗝

Alright, let's cut to the chase: if there's one thing that can make or break your business, it's people. I'm talking about your leadership dream team, your cohesive squad, and your happy customers. Trust me, they're the secret to your success.

⚡ Creating Connections

In a world where AI and robots are creeping into every nook and cranny of our lives, human connections are more crucial than ever. Sure, technology can do a lot, but it can't replicate that special human touch.

That's where you come in. As a business leader, it's your job to foster those connections. When your team feels valued and heard, they'll stick around, and that's priceless. 💲

⚡ Getting Back to Basics

Sometimes, the best strategies are the simplest ones. Here are three tried-and-true principles that will work wonders for your company:

1. Adaptability

The world's been through the wringer lately, hasn't it? But instead of getting knocked down, learn to roll with the punches. That means staying flexible and adapting to change. Whether it's embracing remote work or fine-tuning our communication channels, you’ve got to always evolve.

2. Communication

Clear, honest communication is the lifeblood of any successful business. Make it a priority to keep the lines of communication open, both internally and externally. Listening to your team and your customers not only sparks new ideas but also fosters a sense of belonging.

3. Development

People want more than just a pay check – they want purpose. That's why you should be a big believer in investing in your team's growth and development. Whether it's mentorship programs or skill-building workshops, be all about helping your team reach their full potential.

⚡ Success Starts with People

At the end of the day, your people are your greatest asset. By building strong connections and investing in their growth, you're not just building a business – you're building a community. And in a world where relationships matter more than ever, that's a recipe for success.

Meme of the Day

That’s a wrap for this week! Meet us on Twitter to talk all about it. Where we’ll send you jokes, tips, and all important news from the world of money, business and crypto and more! (@RenaissanceDly)