The “Prattling Powell” Opportunity
Hey, Ross here: As expected, the Fed held interest rates steady yesterday. But in the post-meeting press conference, the more Powell spoke, the more indexes slid. Par for the course for a lot of the
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Hey, Ross here: As expected, the Fed held interest rates steady yesterday. But in the post-meeting press conference, the more Powell spoke, the more indexes slid. Par for the course for a lot of the
Hey, Ross here: It’s the day everyone’s been waiting for. We’ll find out later whether Powell’s going to screw it up for everybody – but I’m actually kind of positive (you’ll see why later). With
Hey, Ross here: As expected, it was a quiet session in the markets yesterday with most investors on a “wait and see” mode ahead of the Fed’s meeting, which starts today. And today’s chart –
Hey, Ross here: Welcome to a new trading week. Whatever Powell decides on Wednesday will have a huge impact on where the market moves next. In the meantime, the chop fest continues – but there
Hey, Ross here: As you know, markets have been range-bound for quite some time now. But as the Chart of the Day shows – it could all be resolved very soon. Chart of the Day
Hey, Ross here: Inflation may have come in slightly hotter than expected – but it did not have any significant negative effect on the market so far. So let’s start the day with an actionable
Hey, Ross here: Let’s kick off the middle of the trading week with yet another actionable trading idea. Chart of the Day This is Cardlytics (CDLX) carving out a bottom over a period of 6-12
Hey, Ross here: Let’s start the day with an actionable trading idea. Chart of the Day Kyndryl Holdings (KD) is a stock pushing up against a big resistance level. The enterprise software company went public
Hey, Ross here: Let’s look at a chart that perfectly encapsulates the kind of market we’re in right now. Chart of the Day The 2023 bull market has been powered by the artificial intelligence theme.
Hey, Ross here: Let’s look at a chart that perfectly encapsulates the kind of market we’re in right now. Chart of the Day This is the DXY – the U.S. Dollar Index. And as you
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