Something doesn’t pass the small test in the overnight lending markets. While the Fed considers it a technical matter – they are now liquefying these markets through Permanent Open Market Operations (POMO) – The first time the Fed has stepped in since 2008.
Heavily shorted stocks reverse. The Fed drops rates and oil spikes on Middle East tensions.
China talks then walks – an update on the trade talks.
More information on the TDI Managed Growth Strategy – HERE
Stocks mentioned in this episode: (EXPR), (CHS), (FRAN), (AMZN), (GPS), (FDX)