Looks like I was wrong in that they are not rallying today in advance of earnings – they did yesterday though. Imagine that me being wrong about something.
All in all though, we’re doing pretty good the last couple of days considering the dollar. Not sure if it’s good or bad to sort of be holding up into a Fed meeting.
They fiddled around with the eco numbers this am with consumer confidence above 100 when it was expected to be below. Doubt it’s anywhere near 100 to begin with.
Oil broke down below $75, Bitcoin looking to break below $66K. NVDA is getting close to the 20% correction level as the QQQ’s are weak again. The Fed better cut tomorrow.
From my vantage point the financial world looks pretty good for a change. 🙂
edit: oops, I probably just spoke too soon. They just came in and bitch slapped us.