Market Shock THIS WEEK

2 years ago
243

The stock market is getting ready for a crazy week as the shock from Friday's CPI carrys over into the weekend. I go over the main events this week and my prediction out of Powell & how I think it will play out. Traders from all over the globe will be watching for what the fed chair might signal, but it looks like we may end up testing lows this week regardless. There is also a major options expiration on Friday and scheduled meetings from the BOJ, but Powell & his potential Volker moment will take center stage. After this brief market recap and stocks this week, I go over my portfolio and stocks to watch. The main trade to keep an eye for is the BITO options as they have been trading well below their volatility premiums, and with the crypto crash over the weekend, it could be a good one to watch. Besides that, bank stocks for the Fed & the Yen for the BOJ will be the other trades to watch. EITHER WAY ITS GOING TO BE EXCITING SO I HOPE YOU ARE READY! POST YOUR WATCHLIST BELOW AND SEE YOU IN THE MORNING!

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