Community MemberSpiderbite
Community Member
NurseJohn93 joined the group
2 years ago
OP Lite 2 years ago
NurseJohn93 posted an update 2 years ago
Good morning OP…I hope everyone is doing well this week and has kept the risk to a minimum and stacked gains. A bit of excitement already this week. I do not see any true positive out of the fed meeting for the near term. The market has been pricing in .50 and i expect the markets to sell the news either after the announcement or later…
NurseJohn93 posted an update 2 years ago
2 years ago (edited)
Two things im looking at this week will be the bond yields and dxy…both indicate that bounces in both areas may be ahead. Which means bearish activity for equities, crypto, and commodities. We might not see too much weigh in on the oil markets considering they are oversold imo. But i expect metals specifically silver and gold to take hits…
NurseJohn93 posted an update 2 years ago
NurseJohn93 posted an update 2 years ago
With the market shaping up this week i expect possible pull backs in equities, commodities and possible a final leg down for crypto heading into the fomc and cpi number next week. Each week we get closer to a larger and better move upward for the asset classes. The dollar is trading a bit below where i would like it to be before the meeting…
Keith and Dwood2 Comments-
Good stuff, I saw earlier that the Vix made its biggest one day move today since mid September. Could be a sign the next leg down is close.
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Good info as always John. Appreciate you taking the time to share
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