by admin | Dec 15, 2022 | Blog
The expectations continue for rate-hike slowdown is the main driver that moved the market all the way up from its Octobers low. The SPX broke out its 200MA that used to reject the index 2 times previously is a positive sign that the melt up is expected to carry on for...
by admin | Nov 7, 2022 | Blog
Stocks rallied after the Federal Reserve announced a rate hike of 75 basis points but sold off after Jerome Powell emphasized that it’s “premature” to discuss a pause in rate increases. Dow downed over 500 points and the Nasdaq Composite off 3.4%....
by admin | Oct 5, 2022 | Blog
The S&P 500’s drop on Friday marked its most downside volatility since 2009. September’s 9.3% decline for the S&P was its largest one-month percentage decline since March 2020. The market tried to rebound on Wednesday following emergency intervention by...