Stock market winning streak hits the 7th straight day! And this stock market winning streak comes after a 4 day sell-off, and just just a couple of weeks later, the market have finished off an 8 day winning streak. It kind of feels like this market is beholden to nothing but streaks these days and
Another low volume day for the market with anticipated 50bps rate cut from FOMC on Wednesday Even with the expectations now of a 50 basis point rate cut on Wednesday, the trading environment today was entirely boring and uneventful. It’s the quiet period for Fed speakers right now, so you’re not going to get any
The S&P 500 is back to testing all-time highs yet again! It was just two weeks ago the market was doing the same thing it did today – run it higher right into the close and testing all-time highs but not breaking through. The following shortened week, it sold off four straight days, but this
Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have moderated, and the unemployment rate has moved up but remains low. Inflation has eased over the past year but remains somewhat elevated. In recent months, there has been some further progress toward the Committee’s 2 percent inflation objective.
Understanding FOMC Day and Its Impact on Markets I honestly despise FOMC Days! Swing trading FOMC days is one of the hardest trading sessions of the year, and on average there are about eight of them. But what I want to discuss in this article is my approach and how I deal with my swing
Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have remained strong, and the unemployment rate has remained low. Inflation has eased over the past year but remains elevated. In recent months, there has been a lack of further progress toward the Committee’s 2 percent inflation objective.
Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained strong, and the unemployment rate has remained low. Inflation has eased over the past year but remains elevated.
FOMC Statement Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have moderated since early last year but remain strong, and the unemployment rate has remained low. Inflation has eased over the past year but remains elevated.
FOMC Statement Recent indicators suggest that growth of economic activity has slowed from its strong pace in the third quarter. Job gains have moderated since earlier in the year but remain strong, and the unemployment rate has remained low. Inflation has eased over the past year but remains elevated.
Episode Overview FOMC Statements come out every six weeks and helps to dictate the future direction of the stock market. Their forecasting and changes to interest rate policy can create extreme volatility intraday for the stock market. How does one trade these types of days, and how can one avoid the needless whipsaw price action