I was on CNBC’s Squawk Box today and host Brian Sullivan asked where I thought the market was going. The truth is, we are in a pocket of high volatility with little net price change from 1 year ago. Why? We are caught in a Fibonacci Timing Zone that ended the massive bull market.
Traders, there are few things I needed to get off my chest about trading, trading analysts, trading marketers, and this industry in general. Once the 10-minute rant is over, we jump into the markets to show you some interesting dynamics that could be indicating a rate hike is coming. We look at the sector analysis, the Yen, NASDAQ, and a few others.
Also, I save a few minutes at the end for Jake and Brody’s first hair cut (proud Dad, can you blame me) and their latest rock video in Dad’s studio.