Current market expectations for the path of the Fed Funds Rate... -May 3, 2023: Pause. -June 14, 2023: 25 bps cut to 4.50-4.75%. -July 26, 2023; 25 bps cut to 4.25-4.50%. -Sep 20, 2023: 25 bps cut to 4.00-4.25%. -Nov 1, 2023: Pause. -Dec 13, 2023: 25 bps cut to 3.75-4.00%. https://t.co/4lD50MqEFL
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How many of the 150 million users of Tiktok vote? it doesn’t matter if they are “deprived.” They will just go to an improved Reels, still one more reason to own Club favorite $META
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GAME PLAN: Listen Up because I think this is a Friday we can all BANK ON! I see the market falling back into its old last weeks channel. This means $392.25 RES with Support down low at $383. I would expect a small pop back to $392+ this morning and then a drop after a rejection! https://t.co/thTWgLMEQd
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What's happening this morning? Well, markets are now pricing close to two 25 bps rate cuts by the July Fed meeting and a total of five 25 bps rate cuts by the January 2024 meeting... Which of those scenarios is more concerning? https://t.co/enYUCfpCdC
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There's still some concern about the banks, both in the U.S. as well as some of the larger ones in Europe. Deutsche Bank credit-default swaps are still blowing out: https://t.co/FaxNmSW5Pr
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Perfect timing as Deutsche Banks does some terrific and long-needed disclosure of how it is doing post CS. Obvious ploy to get German government to zero out equity and shotgun bank to low bidder..
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New Post: How to Think About Home Price Appreciation https://t.co/e55OIPmSzp https://t.co/hEPrd5r5iM
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Trading is not just a job; it's a lifestyle. Embrace it and make every day count!
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Now panicked flight to quality out of Europe and usual scares about our banks.... where were these sellers yesterday?
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“The TikTok battles are indicative of the end of an era. This era where U.S.-China business relations can continue absent considerations of geopolitics is over.” https://t.co/pXO0KVamSo
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$spx levels and thoughts as loose and wide action leads to “Distribution”. Take care. Especially if tech goes from a hiding spot, to a source of funds. Maybe #630club at 8:45 today https://t.co/ERpxFAbTca
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I am ready for this day to open up already! We have the game plan set and now it is just about patience! :100: No forcing or rushing into plays, we know our key areas so $392.50 Top RES with $383 bottom Support. I am doing PUTS up high and holding tight! $SPY https://t.co/6sgNITUIIb
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Good morning future millionaires ☕️☕️
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