longelectric

longelectric

MARKET AWAITING PCE DATA AFTER VERY POSITIVE LABOR DATA!!! I. SPDR Fund: Sold 2.31 trillion on June 29th. II. Macro-level, economic news, intermarket connections: According to CME: On June 29th, 20.6% predicted unchanged interest rates and 79.4% predicted a 0.25% increase in the July meeting. On June 30th, 13.2% predicted unchanged interest rates and 86.8%...

longelectric

Powell continues to maintain a hawkish stance and reiterates the possibility of two interest rate hikes this year. This week, the market is waiting for the most important and preferred inflation indicator, the PCE index. I. SPDR Fund : Bought 1.15 trillion on June 28th. II. Macroeconomic and Intermarket News: According to CME, on June 27th, 25.6% predict no...

longelectric

SPDR CONTINUES SELLING, IMPORTANT ECONOMIC NEWS TO BE ANNOUNCED TONIGHT!!! I. SPDR Fund: Sold $1.44T on June 26th. II. Macro and Intermarket News: According to CME: On June 26th, a prediction of 28.1% for keeping interest rates unchanged and 71.9% for a 0.25% increase in the July meeting. On June 27th, a prediction of 25.6% for keeping interest rates...

longelectric

SPDR CONTINUES TO SELL OFF!!!! I. SPDR Fund: Sold 2.6 trillion on June 23rd. II. Macroeconomic and Intermarket News: According to CME: On June 23rd, there is a 24.4% prediction of keeping interest rates unchanged and a 75.6% prediction of a 0.25% increase in the July meeting. On June 26th, there is a 28.1% prediction of keeping interest rates unchanged and a...