Oil, Inflation, Geopolitical Risk have Markets Bottomed?
Fun with the FOMC–FED- we have liftoff, a .25 point and more to come-Treasury Yield Curve has issues-Who wants to fight the FED? Risks on the Horizon–Volatility contango is back but far from “normal”-Dollar still bid-Oil has a bid back-Inflation is out of control – retail negative implications-Quintessential Rip your face off rally Geopolitics—-Damage already inflicted-War ends sanctions will not dissipate Trade Setups–Gold-Risk reward SP500 following the rally-Premium selling SPX Expected Move —–last week — 144.35 (expected move)–next week– 106.19 (expected move)