Outlook 06/25: U.S. stock futures tick higher as the market seem to have absorbed Fed's Bowman comment and taken it in stride. Federal Reserve Governor Michelle Bowman said Tuesday the time is not right yet to start lowering interest rates, adding that she would be open to raising rates again if inflation doesn’t pull back. "We are not yet at the point where it is appropriate to cut rates. I'm still open to raising rates if inflation doesn't improve. I don't see any rate cuts for 2024, shifted cuts to 2025." Nvidia shares were up more than 3% in the premarket after the chipmaker suffered its worst daily decline since April.
/ESU24 (SEP 2024): YVAH 5547 YPOC 5529 YVAL 5524 GAP 5516.25
/ES Plan: Yesterday market closed bearish, but overnight bounce back, moving within previous value, so these're the opening and initial balance options for today:
