Don’t fight the FED.
In this video, we talk about the reason for the gap higher today and what we should expect over the next couple weeks.
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.
Natty gas rallied sharply, not on inventory numbers, which remain massive, but on weather. Weather has been a consistent catalyst for trades in this market. Here’s the setup I am watching for tomorrow.
Bonds, Energies, and stay Long Equities. I also added XHB, which is a play on bonds, as well as Natty Gas on the watchlist today. Here’s what I see in the current market.