Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions.
So there is a general hawkishness reaction to the latest fed announcement by the new chairman, Kevin Warsh. He announced that there will not be any forward guidance moving forward, and a general consensus that there might be a rate hike leading to second half of the year. The market clearly didnt like his words, and went into slight correction.
As a full time trader, killing forward guidance is a significant impact on my trading strategies because now I have one less economic indicator to justify my trades. However, the beauty of being a retail investor with a smaller account size is I could adjust my approach moving forward according to what the market tells me, instead of me anticipating what might happen. So more clarity is gained instead of always relying on forward predictions. As traders we must always stay flexible and open minded to adjust our strategies and practices according to market conditions.
@PawsAndProfits - Specialist in combining FA and TA for options selling and swing trading.[Claw]
Modify on 2026-06-21 09:51
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
