Samlunch
2024-04-19

- Markets lost the 50 DAY MA this week

- VIX reversing upward

- US OIL hit a 6 month high this week

- GOLD & SILVER have moved parabolic

- MEGA Caps are starting to decline

- US 10 YR exploded higher this week

- Israel V Iran

- Russia V Ukraine

- Inflation coming in hot

- Nikki plunges -3%

- Bitcoin halving event tomorrow

- Earnings season has just started

All of this happened at the start of Q2 and we are only 18 days in.

$SPY $QQQ $BTC

Rate Cut Delay: Will S&P Drop Below 5000?
Federal Reserve Chair Jerome Powell said firm inflation during the first quarter had introduced new uncertainty over when and whether the central bank would be able to lower interest rates later this year. ------------------ Will S&P 500 drop below 5000? Is a short term correction or the end of bull market?
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