Hey There Shoppers,
OK, so Option Pit’s Bill Griffo may not have been at the Rolling Stones first concert, which took place July 12, 1962 – 60 years ago!
And they are still touring (though sadly without Charlie Watts).
But, I do know that Griff, Option Pit’s Head Income Trader, has been around the bond trading desk since the 1980s.
That is a ton of experience.
During those years he has been through all kinds of market events – including massive inflation and multiple recessions.
He will break it down into what the Fed is going to do and how to stay ahead of the central bank’s policies (and mistakes).
Griff is also great at explaining things in ways that are easy to understand and make sense.
Attendees will learn a ton in this hour-long, live and no-cost event
And it’s a great way to prepare for the next Fed meeting later this month.
OH! And once you sign up, you will receive Griff’s latest ebook Get Ready for the Fed Pivot.
After that …
Check out the chart in Southwestern Energy (Ticker: SWN).
SWN Song
I think SWN is going to make a decision.
It is coming to a point where it is going to make a decisive move up or down.
Check out the chart:
The green support line goes back to June of last year.
My short term downtrend line in red looks like it could soon be breached:
The support is $5.75 and the short term resistance is at $6.27.
Watch for SWN to make its move.
Thanks for Reading … See You Next Tuesday.
Licia Leslie