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)
