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?

Preparing For Powell

Rate cuts are coming, but when? Tomorrow will be a good day to see just how much Powell wants to share. In the meantime, we can trade the volatility in gold, bonds, euro, financials, and more.