Powell was on the hill today with nothing new to say, his opening statement was the same as the FOMC statement straight cut and paste. Biggest thing is the swaps market is projecting a 67% chance for a rate hike July 26th yields are still inverted. After tomorrow things will find direction for a little bit so Friday should be fun. Unemployment claims and feds talking all day for Thursday. If you can learn to create a state of mind that is not affected by the market’s behavior, the struggle will cease to exist.
As always trade what’s in front of you good luck
As always trade what’s in front of you good luck