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Dow 50,000! Why the Market is Long and Wrong at the Highs
Season 3
Episode 10
Published 5Β months ago
Description
The Friday session closed Green for the Dow and S&P. Here is why: Record-breaking volume met a Thin Ice rally as investors front-ran next week's inflation data.
π THE SCOREBOARD: π Top Performer: Utilities. Traders sought safety in a stagnant tape. π The Laggard: Technology. Yield resistance triggered light profit-taking. π The Reversal: Bitcoin. V-bottomed back above 70k after a liquidity grab. π THE LOOK AHEAD: The #1 thing to watch is Monday's January inflation print. Prepare for high volatility as the Friday bid unwinds.