Comments on: Stock Index Futures 6-1-21 https://rightsideofthechart.com/stock-index-futures-6-1-21/ Stock Trading, Investing & Market Analysis Tue, 01 Jun 2021 14:35:36 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/stock-index-futures-6-1-21/#comment-22103 Tue, 01 Jun 2021 14:35:36 +0000 https://rightsideofthechart.com/?p=204422#comment-22103 In reply to becky.

Tapering, or even just the increasing talk of it, would likely put pressure on commodities as a whole but there are no guarantees as once the cat is out of the bag, it is hard to put it back in. Definitely want to let the charts be our guide on managing commodities positions as the buzz of the taper-talk increases.

]]> By: rsotc https://rightsideofthechart.com/stock-index-futures-6-1-21/#comment-22102 Tue, 01 Jun 2021 14:12:16 +0000 https://rightsideofthechart.com/?p=204422#comment-22102 In reply to rsotc.

PMI & ISM Manufacturing #’s also came in hot today… further adding to the case for the Fed to start tapping the brakes.

]]> By: rsotc https://rightsideofthechart.com/stock-index-futures-6-1-21/#comment-22101 Tue, 01 Jun 2021 14:07:33 +0000 https://rightsideofthechart.com/?p=204422#comment-22101 … and the brake tapping continues: https://www.reuters.com/article/us-usa-fed-quarles-idUSKCN2D72MG This article has some of Quarles’s comments from last week & he is speaking again today.

]]> By: becky https://rightsideofthechart.com/stock-index-futures-6-1-21/#comment-22100 Tue, 01 Jun 2021 13:06:04 +0000 https://rightsideofthechart.com/?p=204422#comment-22100 Do you expect that tapering could reverse the bullish developments in commodities (aka inflation trade)?

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