Jerome Powell spoke in front of congress today. He made it clear that they will bring down the housing sector through rates and selling MBS (Mortgage-backed securities). He also stated that the fed has no control over cryptocurrencies and very little control over oil prices and…
1
The Fed raised rates 75 basis points today in the largest hike since 1994. After the hike Jerome Powell fed Chairman answered questions for about 30…
2
Massive Economic data release looms over Friday morning. The CPI will be released at 8:30 am Friday Core CPI month over month is estimated at .5%. This…
1
The Fed began selling bonds on it $9 Trillion dollar balance sheet. While this has been telegraphed for months, the bond market still sold off. The 10…
4
Earnings after the close this evening led to weakness across the indexes and major sectors. The major indexes sold down after NVDA and SNOW released…
3
Stocks reverse on China GDP report from Goldman Sacs. Goldman Sachs analysts have cut their China GDP forecast to 4% from 4.5% after weak data in April…
1
1
Bitcoin and CPI data crack the indexes. All three major indexes broke previous major support levels today. Bitcoin has seen weakness for sometime but…
Jerome gave his best fed speech after the today’s 50 basis point rate hike. Usually known for being indirect , he was specific, detailed and to the…
1
See all

Arete Trading Newsletter