The FOMC Plot Thickens.
A slow down in the unwinding of the balance sheet, it’s looking like the market just priced that in today. Here’s my game plan for what will be a week unlike any other…
A slow down in the unwinding of the balance sheet, it’s looking like the market just priced that in today. Here’s my game plan for what will be a week unlike any other…
If you don’t ask the right question, you’ll never know the best answer.
This is what I’m seeing, setting up for tomorrow and into next week.
Long Semis was the battle-cry for much of the market, but if there is a bullish thesis on a name, it should be valid without a big rally or gap higher. There is a cost when traders chase. In this video I walk through how to avoid the chase entry and the warning signs.
That was the fist blow to the market but tech optimism led by XLNX kept the markets afloat despite yen, bond, and gold strength. ECB’s Draghi didn’t disappoint, and that was the big winner on the day.