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Free TheoNight Report - Weekend Edition for Friday, May 7, 2021 by Don Kaufman - Jobs, Fed, and a Market of Denial?
Market Update--
--All-time high, what is the driving force?
--Feds message to the markets on equity valuations
--Jobs number - if you are going to miss, miss BIG!
--Bonds grapple with inflation or a slowing economic recovery?
Fractured markets-
--Tech
--Bonds
--Russell
--SP500
--Financials
--Energy
Bullish Gamma Squeeze ahead? --
--break lower early in the week or we explode higher!
-- hold your allocations and close shorts if need be..
--VIX hedges?
Crypto--
--Bitcoin moved on the jobs number, so much for autonomy
--CME fees wrecked traders hopes in Micro Bitcoin
SPX Expected Move
--last week-- 67.13 (expected move)
--next week-- 61.35
Click here to watch the video
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