This, so far, is what we were looking for today- a higher market and perhaps the start of a bounce now that options expiration was successfully concluded pinning the most amount of people as possible.
So fas there's good underlying support from various sectors including:Energy (despite USO being down), Healthcare, Financials, Technology, Transports, Consumer Discretionary is even holding up.
This is so far, what I was hoping to see last week after OPEX. We'll see if the market can keep its footing.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
No comments:
Post a Comment