The stock market had one of its worst days in months as stocks went down on continued fear from the Fed and global tensions rising. In the midst of all of this though, traders around the world commented on trades becoming increasingly more difficult as CFTC data remains halted over the last month. I go over this "hack" and what it means for the stock market, especially since we have the Fed minutes tomorrow and the movement in bonds is tied directly into this. Regardless though, the minutes tomorrow has the potential to drive stocks even lower or allow markets to calm down as we now enter a key support level of 4,000 on the SPX. I wouldn't doubt the bulls just yet, but over the weekend, big banks sang a chorus of a new market bottom right around the corner. After this brief market recap and stock analysis, I go over my portfolio and 3 stocks for tomorrow. I will be focusing on China stocks as global tensions and reopening bring an interesting straddle opportunity over the next few months. Then I go over BA stock and how a potential short is reemerging, especially in comparison to other defensive stocks like LMT. Finally, I go over NVDA stocks and what I expect out of the earnings run tomorrow.
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DISCLAIMER: These videos are for educational purposes only. Nothing in this video should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial advisor before making any financial decisions.
