It was all 'fun and games' when the long end of the yield curve was rising, but when the 5-year Treasury yield started to move higher, that caught the Fed's attention.
Stand aside for now.
Our latest analysis and trading strategy on NVCR.
All eyes will be on the Fed during their March FOMC meeting. It remains to be seen what they do next.
Putting cash to work on significant market pullbacks such as the one that occurred Thursday is a key element of the strategy.
The equity markets got bopped in the nose Thursday and were sent reeling.
NVDA has weakened despite great fundamental numbers.
Stocks were down sharply and across the board in Asia, but absent any region-specific factors.
The good news is that this action is what is needed for much better opportunities in the future.
It has become the market equivalent of the storming of the Capitol, and the viciousness must stop.