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Banks Sit Out the Market’s Rally, and Amazon Ups Its AI Game 6/22/23

CNBC's "Fast Money"

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The Fed's Pause in Rates

The VIX is trading at a very low level. We're sort of complacent as a whole in the market besides what we're seeing perhaps in the bond market, Paul Macaul says. The net bulls have been at 20 percent per long for the last two weeks. Once that starts to hit a four week average of 30 percent, you can see that reasonably happen within the next month or two. That typically gives you a pretty good sell signal for the broader market.

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