This Has Only Happened Twice...

The stock market whipsawed back an forth today to barely close red and leave the month of May virtually unchanged for markets. In the midst of all of this though, bond yields went crazy in anticipation for the historical event tomorrow: Quantitative Tightening. I go over QT and what happened last time in 2018, which is the only other time markets were exposed to this, and what it means for the market today. At the same time, there was still a lot to digest today from OPEC news down to Biden passing the puck to Jerome Powell in a rare oval office meeting. More economic data misses today didn't help but the rest of the news this week might change that, but whatever happens with QT will probably be the key. After this brief market recap, I go over my portfolio and stocks to watch for tomorrow. TLT stock & TBT will be in focus due QT but also bank stocks and China stocks if they can continue their trends from today. EITHER WAY ITS GOING TO BE EXCITING, SO I HOPE YOU ARE READY! POST YOUR WATCHLIST BELOW AND SEE YOU IN THE MORNING!

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