The Indexes Were Green, but Traders Can Expect Some Red Lights Ahead JAMES "REV SHARK" DEPORRE Aug 7, 2023 4:45 PM EDT
As Apple and some small caps struggled, we saw cash move out of higher-risk speculative names and into more conservative big caps, which could be a sign of tougher trading ahead.
The Fed Can’t Keep Everyone Happy Don’t look for lower inflation or interest-rate cuts anytime soon. Instead, higher bond yields probably are in the offing.
Dougie Out!
I am calling it a day.
JAMES "REV SHARK" DEPORRE
Aug 7, 2023 4:45 PM EDT
As Apple and some small caps struggled, we saw cash move out of higher-risk speculative names and into more conservative big caps, which could be a sign of tougher trading ahead.
Don’t look for lower inflation or interest-rate cuts anytime soon. Instead, higher bond yields probably are in the offing.