E Is For Earnings

There were 3 megacap names set to report earnings today after the bell. I asked the room what kind of trades they wanted, and this was the answer. Let’s see if they make some money into tomorrow!

Bond Market Versus Regional Banks

For the NDX, the bond market wins. A surging bond market has lifted the NDX out of any sell-off, as low interest rates help with crazy speculation.

Fed Action And Re-Action

In this video, we discuss today’s FED action that sent a shockwave through the market. We had a fairly big flush today and the Bulls took some off the table and ran as the FED implied less chance of a rate cut. The overall market has been very Bullish, so a pullback should be expected, but are we starting to skate on thin ice here? The other concern is that the Mag 7 and big tech are not looking as strong as they were, so what might this mean for the market?