BORING PUTS | May 18
Three names cleared the screener for tomorrow, all in tech and semis, but we are going in cautious. The calendar this week is loaded. FOMC meeting minutes land Wednesday afternoon and that is the main event. The market will be parsing every word for any shift in tone on rate timing, especially with Warsh now at the helm. Thursday stacks up with flash PMIs, Philly Fed, jobless claims, and housing starts. Friday closes the week with revised consumer sentiment and inflation expectations. That is a lot of potential volatility compressed into three days.
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