Mr Top Step - The Opening Print

Mr Top Step - The Opening Print

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Mr Top Step - The Opening Print
Mr Top Step - The Opening Print
$1.9 Trillion In Options Expired on Friday and the Bulls Were “Saved”
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$1.9 Trillion In Options Expired on Friday and the Bulls Were “Saved”

How far can we rally, if at all?

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Mr Top Step
May 23, 2022
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Mr Top Step - The Opening Print
Mr Top Step - The Opening Print
$1.9 Trillion In Options Expired on Friday and the Bulls Were “Saved”
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Our View

While the markets can run, they cannot hide from last week's brutal retail earnings by Walmart and Target. This week we have Macy's, Costco and Dollar General reporting earnings. 

Lets face it, the big retail firms are trying to figure out how to adjust to the rise in inflation, lower sales and how to cut back on their workforce. I think this is …

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