The Powell Hammer - 11/09/23

<p class="MsoNormal"><span style= "mso-ascii-font-family: Calibri; mso-fareast-font-family: Calibri; mso-hansi-font-family: Calibri; mso-bidi-font-family: Calibri;"> Today’s Barchart article mapped out today’s market perfectly! <a href= "https://www.barchart.com/story/news/21867259/overhead-supply-the-looming-shadow-over-stock-market-indexes"> https://www.barchart.com/story/news/21867259/overhead-supply-the-looming-shadow-over-stock-market-indexes</a></span></p> <p class="MsoNormal"><span style= "mso-ascii-font-family: Calibri; mso-fareast-font-family: Calibri; mso-hansi-font-family: Calibri; mso-bidi-font-family: Calibri;"> Jerome Powell was at it again with comments that made traders believe that rate hikes may still be in order. This fear caused a sharp selloff in broad market indexes. The 30-yr bond auction had terrible results, causing the yields to spike in the long end of the yield curve. We will look at this and any other questions live starting at 2pm PT today!!</span></p> <p class="MsoNormal"><span style= "mso-ascii-font-family: Calibri; mso-fareast-font-family: Calibri; mso-hansi-font-family: Calibri; mso-bidi-font-family: Calibri;">  </span></p> <p class="MsoNormal"><span style= "mso-ascii-font-family: Calibri; mso-fareast-font-family: Calibri; mso-hansi-font-family: Calibri; mso-bidi-font-family: Calibri;"> #trading #futures #cryptocurrency <span style= "mso-spacerun: yes;"> </span>#bitcoin #DXY #bonds #DIS</span></p> <p class="MsoNormal"><span style= "mso-ascii-font-family: Calibri; mso-fareast-font-family: Calibri; mso-hansi-font-family: Calibri; mso-bidi-font-family: Calibri;">  </span></p> <p class="MsoNormal"><span style= "font-size: 10.0pt; mso-bidi-font-size: 11.0pt; line-height: 107%; font-family: 'Helvetica',sans-serif; mso-fareast-font-family: Helvetica; color: #1d2228; background: white;"> Sign up for a free, 6 video course on Cryptocurrency here:</span> <a href="https://www.tradingacademy.com/crypto/"><span style= "font-size: 10.0pt; mso-bidi-font-size: 11.0pt; line-height: 107%; font-fam