Morning Scoop
Futures are walking a tightrope right now, with yesterday’s afternoon dip hinting at further losses today. As for me, I’m swamped with a lot on my plate today, so I won’t be actively trading or glued to the markets. However, I’ll be checking in periodically to ensure I’m not missing any game-changing moves.
Markets
📰 News
COIN is down around 14% in premarket trading after receiving a warning from the SEC regarding potential securities charges.
📈📉 S&P 500 Futures Update
Bulls need to make a stand today amidst the ongoing market distractions. It’s a crucial day for them to push prices higher, as a failure to do so may result in bears regaining control.
🔮 Forecast
Today’s market is expected to be volatile, which doesn’t particularly excite my trading style. However, as I mentioned earlier, I’ll focus and try to get into the flow of the market.
Wrap-up
I don’t plan on being in front of screens for long today because I have too much to take care of. However, I’ll make an effort to find time and will be back in the afternoon to share the scoop!
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