Right On Time

Want a little volatility? I come back from a meeting and am greeted by a huge move up at 2:15. Did all of the money dumped into the market at 2:15 have an epiphany? Jim Cramer is telling us the Fed is going to cut in May. I'll take the opposite side of that trade all day long. I see no precedence to remove a tight bias with the macro conditions we are witnessing. Frankly, the Fed would have to panic to cut in May.