The market is volatile right now, no doubt, but it could turn into an absolute mess over the next couple of trading sessions. What’s the difference between “volatile” and a “mess?” Well… The activity we’re seeing right now is disconnected, jumbled - too fast.
Every little data point, every offhand comment from a Fedhead, every announcement is being traded. We’re not just seeing small moves here, either; we’re seeing 20- and 30-handle moves in very short timeframes. It all comes down to what we’ll see tomorrow and Friday. As usual, the tech sector is going to play a key role in all this. Here’s how…
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