FUTURES dumped.

AAII Sentiment  Bulls 38.5 Bears 32.5 percent  Small increase in bulls . 

BIG snapback up in futures at 6pm. 

59.48

NAAIM Exposure Index Number is at a current level of 59.48, down from 62.98 last week and down from 78.26 one year ago. This is a change of -5.56% from last week and -24.00% from one year ago.

Change from Last Week: 11.44%

Region: United States

Value from Last Week: 93.22

Great trades in SQQQ buy and RIG short. HUGE fad in last 30minutes. Powell calmed nerves again but the market is the final arbiter.

NAAIM Exposure Index Number is at a current level of 59.48, down from 62.98 last week and down from 78.26 one year ago. This is a change of -5.56% from last week and -24.00% from one year ago.

Change from Last Week: 11.44%

Region: United States

Value from Last Week: 93.22        It dropped to 54 early in Jan then took off again to upside. 

Breaking this down even further, perhaps it’s best not to sell in May, because President Joe Biden is running for reelection. In the 11 presidential election years since 1948 in which there was an incumbent candidate, the SPX averaged a 7.57% return with an impressive 91% of the returns positive. from  Schaeffer's 

BITI  worked very well today. Good call glad I was on board. Looks like a back test of 60K happening now. 

Canadian GDP only up .2 percent in February   a MISS. 

That really took QQQ by surprise and bumped up SQQQ

Former FED member said Powell likely to be hawkish this week. Rodger Ferguson for Vice Chair. 

Took some nice gains selling SOXS 35.58 bought on Friday.  VIX  up 1.75 percent too.

Boy AAPL has an UGLY candle today. 

ACMR  reported  preliminary   revenue and shipments . Very volatile today. 

Matt   you may have to give NEM Kudos as it acted well yesterday before earnings and today blew away profits and again strong. 

AAII Sentiment bulls dropped   38 to 32 percent while bears   stayed the same at about 34 percent. Fear and greed index 40 while 33 percent last week.