A.M. Look 4/09/20

Claims #’s are expected to be big.

It’s all about how and where the Spoo’s stabilize after the #.

Powell webinar is @ 9 A.M. CDT.; would expect a bounce.

Both parties in both houses fight over a new spending bill, while both groups
try and figure out how they can personally benefit from all the money sloshing around.

Utterly disgusting!

I’m paying close to attention to this right shoulder in the Risk spreads for new direction.

It will take a while to get a lemming effect trade to set up again today.

Be patient.

Shorter time-frame traders should be relieved they did not buy mid-week strength going home.

Oil has ripped into the Opec + negotiations.

Keep your track shoes on to see if this is another set the news event.

This entry was posted in Archive and tagged , . Bookmark the permalink.