Bill Baruch, President of Blue Line Futures joins TD Ameritrade!
-Bill is cautiously bullish Equity Markets, as there is less hawkish fed speak, china re-opening, and an inverse Head & Shoulders in the $QQQ and $SPY.
-Fed President Jim Bullard & Board Member Christopher J. Waller's comments should be paid attention to for hawkish/dovish tones.
-USD/CNH has come off recent highs (US Dollar has weakened against the Chinese Yuan)
-Crude Oil higher (Contract high in July of ~$120) will put pressure on Rates & Equities.
-Jobless Claims are released tomorrow, Wage growth numbers on Friday. The Fed will be paying attention to these, as well as Inflation data in June & July for their next move.
-Where is $Bitcoin headed next??
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