Sweet. Retracement 5%?
EGO.
It´s called "preemptive" rate cuts for a REASON.
JPMorgan joins the 50 basis point cut call JPMorgan joins Citi in calling for back-to-back 50 bps cuts
https://www.forexlive.com/centralbank/goldman-sachs-now-sees-three-consecutive-fed-rate-cuts-this-year-20240802/
https://www.forexlive.com/news/jpmorgan-joins-the-50-basis-point-cut-call-20240802/
https://www.forexlive.com/centralbank/citigroup-forecasts-50-basis-point-cuts-in-september-and-november-20240802/
[ATTACH] Amazon getting properly downsized today....
Buy 5340, we have MOST PROBABLY seen the low of the day.
Goldman Sachs now sees three consecutive Fed rate cuts this year...
That´s s going to be a fun day.
Short covering below 5380. Now long into the opening bell. No specific target.
https://www.cnbc.com/2024/08/02/intel-share-plunge-drags-down-global-chip-stocks-from-tsmc-to-samsung.html Holy Moly. Intel being destroyed being...
PS: don´t even think to cover your shorts before 5400, in my humble opinion. But be prepared for V shape action today. NFP release will be the...
Sell side people only now finding out that some stocks are "overvalued". Sell side analysts have been fired en masse because they are not...
[ATTACH] US 10 yr now at 3,947%. There is more room for lower yields.
[ATTACH] Proper bloodbath yesterday. Usually, these gyrations come at the tops/bottoms of long-term market moves.
Academic research Research by Griffin and Shams found that Bitcoin prices increased after Tether minted new USD₮ during market downturns. They...
The weighting of the M7 is the only reason why you see these crazy S&P 500 Futures moves. This opens the door for easy manipulative vola-spikes...
Trailing stop reset to 5541. Is that a 70 + point gap opening? Ouch.
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