Trading Justice

podcast   To say the market's been acting a bit strangely this year would be an understatement. Surging bulls on bad economic data, bears on improving economic data... it's a bit crazy. Looking past the surface action, though, reveals that this year's movements indicate a standoff of sorts between the markets and the Fed. With interest rates at zero, the market has been able to continue its run unimpeded. Any possible mention of interest rate hikes have been challenged by Wall Street with surges after said possible hikes haven't happened. With a robust jobs report last Friday, and non-farm payrolls up as well, there's stronger talk for actually raising interest rates in December, after all. In this episode, Tim and Matt discuss the S&P's recent run since Black Monday and what's been fueling it. They also cover why there wasn't a breakout and how to spot when the market may fadeout instead of breakout. The Fed's talk of raising interest rates, what impact that may have, and its likelihood are also covered today. Lastly, Tim and Matt take a look at how their NFL picks are doing so far this year, and one of the Justice brothers is doing rather well... applogoapple logo_0034_stitcher tunein-logo  
Direct download: TJ118FadingMarketsandNFL.mp3
Category:Podcasts -- posted at: 1:51pm MDT