Pitbull Lows and Powell.
As day two of testimony concludes, the market seemed to want to find the Pitbull low today, and as bonds sold off, plenty of opportunities arose from a lackluster 30-uear bond auction.
As day two of testimony concludes, the market seemed to want to find the Pitbull low today, and as bonds sold off, plenty of opportunities arose from a lackluster 30-uear bond auction.
In this video, we talk about the reason for the gap higher today and what we should expect over the next couple weeks.
I remain bullish equities. We took profits on NASDAQ and MSFT and now the conversation turns to what will the FOMC decide for September.
As the market digests Day 1 of Powell’s testimony and prices in a less enthusiastic Sept cut probability, we have weather and bonds, too, set up.
I want to set up the same trade on both of these, and here’s what I’m looking for.