Posted by DigiNomad on 18th of Aug 2023 at 02:52 pm
The wrong sectors are leading today, from Powell's perspective.
If DBC takes another leg higher (looks probable), he's going to be
stuck with a hawkish message for the markets.
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Nice! Sometimes convictions pays off....and
Do we get the Friday dump like the last few ...
Posted by DigiNomad on 18th of Aug 2023 at 02:23 pm
Nice! Sometimes convictions pays off....and math
It really feels like lots
Posted by rbreese on 18th of Aug 2023 at 02:50 pm
It really feels like lots of short covering in the last hour or so to protect the shorts before Powell and NVDA both report next week.
The wrong sectors are leading
Posted by DigiNomad on 18th of Aug 2023 at 02:52 pm
The wrong sectors are leading today, from Powell's perspective. If DBC takes another leg higher (looks probable), he's going to be stuck with a hawkish message for the markets.