Morning Ideas May 5, 2021
Interesting day yesterday as the market did not like Jannet Yellen's comments about raising rates to keep the market from 'overheating'.
Once again, the market was able to shake off that news and rally the second half of the day, which surprised me, although it probably shouldn't.
Gun to the head, I'd favor the longs after the sellers were unable to gain traction lower, but I expect to see some volatility again today.
Once again, the market was able to shake off that news and rally the second half of the day, which surprised me, although it probably shouldn't.
Gun to the head, I'd favor the longs after the sellers were unable to gain traction lower, but I expect to see some volatility again today.
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