Ready For The Big Employment Numbers?
The bond market may be trying to give us a heads up right now…
The bond market may be trying to give us a heads up right now…
This is how I set this trade up last night, making a large index bet.
It’s volume and participation. It’s the lack of the same strength in transports, crude oil, and copper. It says a lot that volume remains low. That said, there are a number of places that the long position is one we have taken, I discuss those in this video.
Taking a broader look at the markets and today’s weakness, as well as opportunities in Relative Outperformers in individual stocks, and the Euro and Australian dollar shorts from overbought levels.
With all the talk about the trade war and phase one, what do beans have to say about the current status of the talks? And is this pullback a buy?
The S&P and NASDAQ punched up to new (low volume) highs as AAPL and FB earnings were set to be released after the bell. Does the the FOMC derail any of the current trades? Not one bit. The last time the FOMC cut rates at all time highs was 1996.