Maybe The Fed Is Starting To Think About Thinking About Raising Rates

Mar 16, 2021 | Daily Note

  • The Fed meeting tomorrow has more traders focused on it because Powell might deviate from his current script
  • I'm taking off my remaining energy longs with nice gains and holding shorts as I expect a pullback either to start tomorrow or early next week
  • There are a lot of good charts on today's note 
  • Including the investment grade and high yield ETF's. ARKK, Tesla, a couple of custom indexes I created a year ago at the lows
  • Also the Goldman Sachs baskets - Reopening and Stay at Home both with some upside DeMark exhaustion signals