Morning Ideas January 19, 2022
Good morning traders,
First of all, my apologies for not putting ideas out the last few days. Back at the screens now and good to go.
We are left with more volatility, and I don't expect that to change until after Friday, if it even subsides then. We were seeing talks of tapering and rate hikes maybe in March, now it seems that the rate hikes are more certain.
With a lot of shaky earnings results, fear of tech stocks (NQ) falling, coupled with inflation worries, you've got yourself a perfect storm for high volatility.
If you're trading in this environment, better to be light and wide!
First of all, my apologies for not putting ideas out the last few days. Back at the screens now and good to go.
We are left with more volatility, and I don't expect that to change until after Friday, if it even subsides then. We were seeing talks of tapering and rate hikes maybe in March, now it seems that the rate hikes are more certain.
With a lot of shaky earnings results, fear of tech stocks (NQ) falling, coupled with inflation worries, you've got yourself a perfect storm for high volatility.
If you're trading in this environment, better to be light and wide!