A.M. Look 8/5/24

Last night I watched NBC nightly news to see the Olympic highlights.

Lo and behold they had Steve Liesman explaining the days equity sell off.

He must still be on an acid trip from a Dead concert for his summation about unemployment and not speaking to the Yen carry trade was devoid of Financial Market Understanding.

Reason enough to never watch any Financial news network.

Indices will attempt to fill the Pit breakaway gaps left over the weekend.

Names will be doing the same. 30 Yr. Bonds will require a 123.00 print to rollover.

Tomorrow into Thursday will run the technical model.

Pick your spots wisely today and take your money.

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