https://money.usnews.com/investing/...-private-outlays-near-two-and-a-half-year-low U.S. Construction Spending
Nice! I was a little late to the party on this one. Hopefully I can make enough for a nice dinner at least!
based on tradingview's data the ES1! missed closing the gap by .25 today 2955.25 (high Friday) vs 2955.50 (low Today)
This is now the longest US economic expansion in history https://www.cnbc.com/2019/07/02/this-is-now-the-longest-us-economic-expansion-in-history.html
HUUUUGEEEEE money is flowing into CHK $2.5 11/15 CALLS. I spotted a single 159,000 contract buy and the volume on the call is @ 320,839 right now vs O/I which was 320,839. The 159,000 was purchased @ .14 ~ 11AM today.
I only put my mad money on these tailcoat buys since I have no real strategy for them - I just have mental % stops. I might pick up a couple contracts and see how they do. But this is a $4.5M in total bet. I don't play PUT buys since they can easily be a hedge bet, but normally calls aren't a hedge, but they could be.
If the rate cuts really are coming then these sectors that you talked about should continue to do pretty well