The Bears Had Some Honey
How about that?! This week was fun wasn't it. We had surges of optimism leading up the Fed speaking on the 31st where it was 'alluded' that a rate cut will happen. I feel like this is a dangling carrot that has been dangling in front
UnCRWDed House
Well last week was fun wasn't it! For those that are paid members, you should be happy as Crowdstrike (CRWD). Did exactly as I thought. While the news hit the previous week, the drawdown continued as more news emerged. This resulted in 60 point drawdown from Monday thru
Week of July 22nd, 2024
SPX The other noteworthy news is that President Biden will not be seeking another term and VP Kamala Harris is stepping in to be the Presidential Nominee. The markets are already reacting positively to this. I expect that markets will continue to remain positive as she begins to show more