Climate Tech Model Pulled Short Hedges on GDP Rout…

This seems like a risky reaction to a negative GDP report, NDQ was at 19025, but it seems like the data does support a market mentality that sees bad data as a reason to look at the speculative aspects of possible interest rate cuts. I think the FED is smarter than that but we are in a volatile market that provides time before the next FED meeting.

update at 10:30 AM CDT

Don’t let the action fool you. This is a a whore’s rally, Nasdaq leading, dragging the Russell. So, a lot to digest before a bull move can start.