Stock Curry

Stock Market Preparation for Monday – Nvidia Earnings, FOMC Meeting Minutes, and PCE Inflation Data

Expect a very volatile week this week with strong technical resistance, the May FOMC meeting minutes being released, PCE inflation data coming out, and the debt ceiling limit looming on June 1. If last week taught us anything, it’s that the market can move up or down 2% on the slightest news of debt limit […]

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Debt Limit Talks Made Little Progress – Debt Ceiling Deadline Looms

Debt limit talks on Tuesday at the White House between President Joe Biden and Congressional leaders made little progress on Tuesday. McCarthy said they remain far apart and that an agreement might not happen. This was the last chance for a deal before President Biden leaves for an international trip. And as the debt ceiling

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Stock Market Preparation for Monday – Short Selling Ban, Inflation Data, PacWest Collapse, and More

We could see the first ban on short selling since 2008 as the US government panics over more banks collapsing. And if the banking crisis wasn’t enough, a strong labor market and stubbornly high inflation is causing bond and futures traders to increase their bets that Federal Reserve will continue to raise interest rates.  On

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