The Powell Pop And Drop

2023-05-03 / Bruce Marshall

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In this video, we are going to analyze the volatile market activity that occurred today following the FED’s decision and commentary. As anticipated, the interest rate was increased by .25 bps, but the accompanying commentary left the market somewhat perplexed. Throughout the day, the market experienced significant fluctuations in both directions, ultimately ending with substantial selling. What are the implications of all this for the market? What happens next, and how can we approach trading in this scenario? Lastly, I will present a quick profit trade idea that I discussed in the main room shortly before the FED’s announcement.

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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.

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