This is not 'back up the truck' time, but I am seeing some interesting valuations.
Aggressive traders could probe the long side of SONO at current levels.
One is an index ETF and the other is a Cathie Wood favorite.
We will need to wait until this afternoon for the real fireworks once the Fed announces its rate hike decision.
Let's review the charts and indicators.
The Chinese economy showed signs of recovery in May. But the world's second-largest economy is hostage to a new phenomenon: the 'Covid business cycle.'
Let's look at how government meddling made things worse and how astute trading can make things better (for you).
A one time a 75 basis point increase would be the largest single increase made at one time since 1994.
What could the market do if we get a three-quarter percentage point hike? And where are the indicators now? Also, let's look at gas futures.
All eyes are fixed on the looming interest-rate decision on Wednesday afternoon.