Should You Fight the Fed?

-mega market cap led market move

-A tale of two markets

-64% of 23% YTD gain in Nasdaq (3780 stocks) down to just 5 stocks Microsoft/Google/Apple/Nvidia/Tesla

-Risk/Reward in jeopardy

-Federal Reserve meets Untamed Inflation

-Bid Back or Fed Taper Smack – watch rates!

SPX Expected Move —

–last week — 157.12 (expected move)

–next week– 79.63

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