Primarily based on the CME group’s fedwatch software evidently with an enormous uptrend after the FOMC assembly the market has priced in a 78.6% likelihood of a 75 foundation level hike in June. That is down from a 95.4% likelihood yesterday earlier than Powell mentioned the fed is “not actively contemplating” a 75 level hike in June however a 50 level hike is “on the desk”. So it looks like we nonetheless have a methods to go for the up to date odds to be mirrored out there, so I am anticipating a bullish pattern until the tip of the week, after which Putin will do one thing loopy on Monday and tank the markets. My play is QQQ and TSLA calls for five/6. Ideas?
