Stay Bullish
In this update, I share where and how I will stay on the long side of the indices, bonds, and more in February.
In this update, I share where and how I will stay on the long side of the indices, bonds, and more in February.
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!
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.
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?