Financial News vs. Noise
We are going to start doing a live podcast with Jeremy Vreeland at Bullish/Bears every Thursday at 11:30AM EST. We will be talking markets and stocks. Feel free to shoot over questions or names you want us to cover. Will have details on how to access the stream next week.
Not much going on yesterday ahead of a slew of data this week. The bulls and bears both fought to gain traction, but the S&P closed flat. Only notable move was small caps (IWM) down over 1%. SPY continues to hang above it’s 50 day, which is bullish.
As far as individual names, TSLA bounced after having a rough time last week. You could use the 20 day EMA as a long or short indicator if you were so inclined.
Ton of data to come this week so wouldn’t try to be a hero either way. Speaking of data, Nickileaks still expecting a September rate cut, Investors on Alert for Fed Signals of September Rate Cut-WSJ
Officials are expected to revise their postmeeting statement in ways that hint that a rate cut in September is more likely than not. The policy statement is heavily debated by the 12 voting members of the Fed’s rate-setting committee.
Maybe. Any of the Mag 7 could produce a NVDA like moment. Microsoft Results Could Pull Tech out of it's Funk-Barron's
Would be watching the 433 area and then the 10 day.
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