Up, up and away!

2022-11-30 / Bruce Marshall

Loading the player...

In this video, we look at today’s crazy rally that came from Powell’s comments. We got an incredible 122 point rally in the SPX and the rally was across the board. What should we expect next? I have been saying that we need to wait until the next PPI, CPI, and FED meeting to see, and maybe this rally is a preemptive move to those events. For now, we have to look to the upside as I don’t see this pulling back without some bad data points and hawkish commentary from the FED.

For more information on how to sign up for Bruce’s “BIAS” trade alerts and live trading program, visit the link here: https://bit.ly/36Q0h5j

Bruce Marshall

Bruce began his career working for a Wall Street firm on a bond desk after the Crash of ’87. He spent several years trading bonds until he switched to the equity side which developed his love of trading equities and options early on. He traded IPO’s, secondaries, and preferred’s. In the early days, he actually had to hand write “tickets” to buy and sell securities.

That's as far as you can go!