To The Moon

$Invesco QQQ Trust(QQQ)$ 40% gain from taking calls on QQQ. The new pivot stands at 350 at present. ⚠️ Looking at calls above 351.2 and puts below 348.5 on Wednesday. Trade safe and stay nimble! Investors are facing the potential that the central bank pivot narrative will again be reset to a later date, as their focus turns toward Friday’s payrolls report. No pause in sight? Traders are seeing strong odds for a Federal Reserve interest-rate hike next month, and they are certain one will come in July if the central bank ends up standing pat this time round. That also makes the still-strong bets on rate cuts vulnerable to the same grim fate as similar previous wagers — like those that saw three rate reductions by the end of 2022 as of June 30 last year. The continued mismatch between expectations and reality could be due to a key blind spot in the way economists and strategists are looking at the contradictory impact of the Fed’s policy settings. Yes, it has raised its benchmark for borrowing costs to match the 2007 peak in an epic tightening shift. But at the same time its balance sheet has been trimmed only modestly and remains enormous. That helps to explain why bond yields have remained low compared to the cash rate in a way that is at odds with previous cycles. The potential is that the Fed is going to need to hike further yet to counter the impact of its own balance sheet, as signaled by the extreme gap between the Fed funds target and the Taylor Rule that estimates where the rate needs to be. Trade #1 Trade #2 Please click Like 👍, Comment 💬 & Repost 🔄 this article found at the bottom of your screen. Follow me for the latest news, trading ideas & strategies to ride the market daily with profits! 🤑 @CaptainTiger @MillionaireTiger @TigerStars @Daily_Discussion