Vogi Stocks

In the lead‑up to Jerome Powell’s final speech as Fed Chair this morning, markets were uncertain and trending lower. However, his remarks signaled that the current cycle of rate cuts will continue, sparking sharp moves across assets closely tied to monetary policy decisions such as the 10 year rate, gold, the US dollar index, the S&P 500 and Bitcoin.

With the market at all time highs and tomorrow being July monthly Opex, we could see a dip start on Monday. Puts are cheaper than they’ve ever been and the global macro environment is uncertain.

Its earnings season now and companies have started reporting this week with PEP beating and stock rising +10$ a share. Consumer and other defensive sector stocks are on our radar as we navigate the next few weeks.