ES Journal - 2025/2026

That was probably it for the LOD. Rally back to 08-10 is possible, but maybe too late.

 

Consumer spending, the bedrock of the U.S. economy, grew at a 1.4 percent annual rate in the second quarter. That was an acceleration from the 0.5 percent rate in the beginning of the year, but well below the 2.8 percent growth in spending in 2024.

 

subtracting trade and inventory from last quarter swings, gdp is down.

 

it is a reasonable trade to short oil above 70, just saying…

 

I'm trying to buy the multi-month low in NG for a long hold, but it keeps coming back to my BE stop

 

No change in the FED rate, as expected.

Press conference in 30 minutes, I doubt there's any actual *new* news.

 

Christopher J. Waller, a governor, and Michelle W. Bowman, vice chair for supervision — both of whom were appointed by President Trump — supported the Fed lowering interest rates by a quarter of a percentage point.

 

No fooling lol

 

Suck ups trying to see who can brown nose better to get FED chair.

 

If they force Powell to resign, I'd be surprised if they don't appoint, I don't know, Eric or Jared or some guy with a YouTube channel