Weekly Market Outlook 3/23/2025
Dovish Powell, who woulda thunk
Hello traders,
I hope you are having a great weekend and some time off screens.
This past week, we were long after FOMC (time zone is EST)
The dip buys we added on the historic March 10th bull demolition have shown an excellent rebound and I would like to think these long term secular compounders will outperform the broader market in the coming years and possibly decades.
Moving on,
This week we have the all important PCE (which is Fed’s preferred gauge of inflation)
and some other important events like the GDP and jobless claims.
Risk on seems to be the pain trade at the moment with Fartcoin shot up 65% from Fed day.
If PCE comes in line or better, we can see ES pushing back up to 5948.
