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The Unexpected Escalation
The stock market is heading into a fairly uneventful week, but 2 events may cause more volatility than investors are suspecting. The first event is the comments from Biden over the weekend that have lead to disagreements all across the globe and a walk back of the statements. The other event is the PCE on Thursday, which has most economists expecting a gain, but if the numbers surprise by a wide margin, the market could pick up in volatility. I also go over the bonds and the keys from the weekend and how it relates to oil & commodities and what to watch. Then I go over my portfolio and the trades I am holding. I will be watching for big tech stocks & safe havens this week, but given the lack of events I wouldn't be surprised to see that scope expand as more updates come in. EITHER WAY ITS GOING TO BE EXCITING SO I HOPE YOU ARE READY! POST YOUR WATCHLIST BELOW AND SEE YOU IN THE MORNING!
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