Market Recap 3/6/24

minnie mouse
He quit his tanker job in the Red Sea last week.

1. S&P 500 is trading like are in a new bull market 2. Regional bank stocks are crashing like the crisis never ended 3. Bonds are rising like the Fed is cutting interest rates 4. Inflation data is rising like rate cuts are canceled 5. #Bitcoin is rising like there’s no recession coming 6. Gold is rising like a recession is on the way Nothing adds up here.

I’m OK with it all. Just follow the action.

Anyway, this is the market we trade now.

See you in the morning on Premium 😉

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