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MKT Call 7/19/22: Bear Market Rally, Yields Ready to Party and Novogratz on Bitcoin

RiskReversal Pod

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The S&P 500 Closed Below 39 28 to Day

The S&P 500 closed below its 50 day moving average for the first time since november of o eight. Any rallies toward four thousand forty 100 should be viewed as an opportunity to reduce risk ahead of a breakdown later this summer, i agree with that guy. And you'll probably see it with some of these other big techa names and i think that's going to be the next leg lower. An i've been pretty steadfast, i think, since june fourth, hat, that last fed meeting. Insomuch as i the market was due for rally, forty, 100, i would come right around the time that apple reports, which, by the way, is next

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