Defying Powell Makes S&P 500 Slide

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S&P 500 did that shalow correction yesterday, and continued higher. It wasn‘t about sectors yesterday, but about bonds. Going from strength to strength (doubting Powell), they made the daily correction prospects unlikely also for today premarket, which drove me to keep the profitable long intraday call of yesterday intact. That‘s the advantage of combining swing trading (where one waits for whether the rebound fizzling out on tech thesis gets validated, and hence tightens stop-loss to protect existing gains) with intraday one – diversification while the daily stock market outlook leans gently …

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