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S&P 500 declined following the premarket ascent Friday as called, but declined to remain again in the 6,360 – 6,330 range. Will this range be revisited again as we‘re getting a bit of repeat of daily ES candle spaced two days away as USD is searching for a bottom?
Be ready for much India headline sensitivity in the tariff war of choice. Certainly Thursday‘s spotlight on Waller as prospective next Fed Chair, made the dollar happy for a while – just as XLF returning up earlier Friday (crucial sectoral development when tech knows no fear off the open). Ready for opex volatility in stocks?
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Disclaimer: All essays, research and information represent analyses and opinions of Monica Kingsley that are based on available and latest data. Despite careful research and best efforts, it may prove wrong and be subject to change with or without notice. Monica Kingsley does not guarantee the accuracy or thoroughness of the data or information reported. Her content serves educational purposes and should not be relied upon as advice or construed as providing recommendations of any kind. Futures, stocks and options are financial instruments not suitable for every investor. Please be advised that you invest at your own risk. Monica Kingsley is not a Registered Securities Advisor. By reading her writings, you agree that she will not be held responsible or liable for any decisions you make. Investing, trading and speculating in financial markets may involve high risk of loss. Monica Kingsley may have a short or long position in any securities, including those mentioned in her writings, and may make additional purchases and/or sales of those securities without notice.
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