Piper Academy Newsletter 02 December - 09 December 2024
Knowledge is Profit #KIP - Volume 36
ATTEN….TION!!!
Hello #alumni and welcome to the thirty-sixth official Piper Academy Newsletter! Once a week, on Monday, these will be published in our Discord server’s #member-chat channel for our members to access. None of this is financial advice. Always do your own research and we hope you find this entertaining and educational. Before reading the contents, please Subscribe so you can stay updated on all the weekly news.
Campus Bulletin
Academy Analytics & Alerts: Piper Academy growth and updates
Live Stream Guests: Current guest schedule
Psychology 101: Fear & Greed index and how it plays into the week ahead
Finance 101: Fundamental news for the week ahead
Gemology 101: Low-Mid cap gem opportunity
Charting the Week Ahead: Economic events in the coming week
Academic Advantages: Ongoing promotions and sponsorship opportunities
Academy Analytics & Alerts
The Discord has been a great place to be if you are part of the #alumni. Over 5 hours a week between Founders Q&A, TA101 and Discord allows for a personal relationship between us and our followers after the stream.
Crypto Night Cap and Markets After Dark with TradeFly, F.D. White and Lunar Beaches Crypto in the evenings. Army Piper, TradeFly, OC Guy & B.C. PortCorp in the morning. Tons of alpha throughout the day!
Live Stream Guests
Follow Billy Goat Tales on YouTube as they transition into their next chapter of content creation.
Psychology 101
These are the factors that play into the Crypto Fear and Greed Index: current volatility, momentum/volume of the market, social media posts, surveys, Bitcoin dominance, and Google trends.
Since Trump won the Presidential election, crypto and trad-fi markets have been going up. Last week we were in an extreme greed after recovering from an 8% retracement. Currently, we’re still in an Extreme Greed state which is typically a great time to take some profits. The best buying periods are fearful, and the best-selling periods are extreme greed. Think… opposite of your emotions.
Finance 101
Earning calls are typically some of the most volatile times within a stock’s price action. Oftentimes, stocks with a high market cap like Google, Amazon or Meta, can manipulate the prices of other stocks and other markets so pay special attention to those!
Not many crypto related stocks report this week. Expect continued volatility across all sectors.
Gemology 101 - NOT FINANCIAL ADVICE
$VIRTUAL Protocol is building the co-ownership layer for AI agents in gaming and entertainment. We believe AI agents are the revenue-generating assets of the future. These agents can operate across a wide range of applications and games, significantly expanding their revenue surface area. Like any other productive asset, we enable these AI agents to be tokenized and co-owned via blockchain.
This technology has given VIRTUAL AI Agents unique capabilities: they are autonomous in their planning and goal achievement, multimodal (able to communicate via text, speech, and 3D animation), and capable of interacting with their environments—whether it’s picking up a sword in Roblox or collecting gifts in TikTok, and even using on-chain wallets! Imagine a fully-AI influencer who also functions as a gaming NPC, seamlessly existing across multiple platforms like Roblox, Telegram games, and more. These agents maintain memory across applications, allowing users to form deeper, lasting connections—ultimately increasing ARPU (Average Revenue Per User).
CoinGecko: https://www.coingecko.com/en/coins/virtual-protocol
Website: https://www.virtuals.io/
All-Time BTC Monthly Performance
November just finished at what the average was going into November: 36.1%! Right on the mark. December is typically a fairly bullish month, sitting as the 6th most bullish month in crypto. It’s important to note that multiple Decembers AFTER bull market peaks have dropped this percentage down significantly, so we should expect higher than 11.25%.
Charting the Week Ahead
1. November ISM Manufacturing PMI data - Monday
2. October JOLTS Job Openings data - Tuesday
3. November ADP Nonfarm Employment data - Wednesday
4. Fed Chair Powell Speaks - Wednesday
5. Initial Jobless Claims data - Thursday
6. November Jobs Report - Friday
On Monday, United States will release November ISM Manufacturing PMI data. In October 2024, the ISM Manufacturing PMI declined to 46.5 from 47.2 in September, below forecasts of 47.6, signaling a deeper contraction in the manufacturing sector—the worst since July 2023. Weak demand, declining output, and accommodative inputs drove the contraction. Production (46.2), inventories (42.6), and order backlogs (42.3) fell more sharply, while price pressures increased (54.8). New orders (47.1) and employment (44.4) continued to shrink but at slower rates. Businesses are adjusting workforce levels to align with reduced demand forecasts. Supplier deliveries slightly improved (52).
On Tuesday, United States will release October JOLTS Job Openings data. In September 2024, U.S. job openings fell by 418,000 to 7.443 million, the lowest since January 2021, highlighting a cooling labor market. Declines were notable in health care and social assistance (-178,000) and government roles, while finance and insurance saw increases (+85,000). Regionally, openings dropped across all areas, with the South experiencing the largest decline (-325,000). Hires (5.6 million) and separations (5.2 million) remained steady, with quits at 3.1 million and layoffs at 1.8 million.
On Wednesday, United States will release November ADP Nonfarm Employment data. In October 2024, U.S. private businesses added 233,000 jobs, the largest increase since July 2023, surpassing expectations of 115,000. Gains were driven by the service sector (+211K), particularly in education/health services (+53K), trade/transportation/utilities (+51K), and leisure/hospitality (+37K). The goods-producing sector added 22,000 jobs, led by construction (+37K), despite manufacturing losses (-19K). Annual pay growth slowed, with job-stayers seeing a 4.6% increase and job-changers at 6.2%, reflecting continued wage moderation. The labor market remains resilient despite challenges, according to ADP Chief Economist Nela Richardson.
Also, on Wednesday, Federal Chair Jerome Powell speaks. Federal Reserve officials expressed optimism that inflation is easing while the labor market remains resilient, according to minutes from the November 6-7 meeting. They signaled a cautious approach to further rate cuts, emphasizing data dependency and acknowledging uncertainties around the neutral rate's effects on economic activity. While some officials advocated keeping rates restrictive if inflation pressures linger, others favored faster cuts if labor markets faltered. The meeting avoided speculation on economic impacts of Donald Trump’s election, underscoring a need for flexibility.
On Thursday, United States will release Initial Jobless Claims data. US initial jobless claims remained unchanged at 213,000 for the week ending November 23rd, below market expectations of 216,000. The steady figures underscore the labor market's strength, despite recent Federal Reserve tightening, potentially supporting a slower pace of rate cuts if inflation proves persistent. The four-week moving average dipped by 1,250 to 217,000. Meanwhile, non-seasonally adjusted claims rose sharply to 243,389, with notable increases in California, Illinois, and Pennsylvania. Continuing claims climbed to 1.907 million, the highest since November 2021.
On Friday, United States will release Unemployment Rate data. The unemployment rate in the United States remained at 4.1% in October 2024, unchanged from September’s three-month low and matching market expectations. The number of unemployed individuals held steady at 7 million. Permanent job losers rose slightly to 1.8 million, while temporary layoffs stayed flat at 846 thousand. Long-term unemployment also remained unchanged at 1.6 million. Meanwhile, the labor force participation rate dipped slightly to 62.6% (-0.1 pp).
Academic Advantages
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Check our Discord for deals with our partners to include In-N-Out Crypto, BloFin and more!
