US Downgrade, 3-5-10% Pullbacks But Still Bullish on S&P
Happy Sunday!!!
US Futures open lower after Friday's close and Moody's downgrade.
Last time this occurred in 2011, the S&P dropped around 10% from the "news."
This is all interesting timing but I'm still liking pullbacks for opportunities to position
bullish in the US indexes (S&P, Nasdaq, Dow)
Because the melt-up continues to run (US/China gap last week and drift higher), I'm trying to stay patient for a pause or pullback
Trump and Bessent are still chirping about Tariffs and a government "detox" so a round of trade war related news may help calm the market's red hot advance post April 7 lows
I'm selling calls on owned positions for income. I'm waiting for more favorable levels to add new positions, but within 3-4% of all time highs for the S&P and Nasdaq I don't think anybody will be surprised to see the all-time highs revisited in the near to medium-term
Let's have a great week - thanks for watching!!!
-Chris Pulver
US Futures open lower after Friday's close and Moody's downgrade.
Last time this occurred in 2011, the S&P dropped around 10% from the "news."
This is all interesting timing but I'm still liking pullbacks for opportunities to position
bullish in the US indexes (S&P, Nasdaq, Dow)
Because the melt-up continues to run (US/China gap last week and drift higher), I'm trying to stay patient for a pause or pullback
Trump and Bessent are still chirping about Tariffs and a government "detox" so a round of trade war related news may help calm the market's red hot advance post April 7 lows
I'm selling calls on owned positions for income. I'm waiting for more favorable levels to add new positions, but within 3-4% of all time highs for the S&P and Nasdaq I don't think anybody will be surprised to see the all-time highs revisited in the near to medium-term
Let's have a great week - thanks for watching!!!
-Chris Pulver
Chris Pulver
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Chris Pulver
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.