What Happens To Stocks After The FED Announcement
Could stocks bounce? Maybe for five minutes if the algos seize on a word or phrase from the first headline. After that look for a tidal wave of selling. Keep an eye on TDG which is weak again so far this morning. A break of this month’s earlier low should see the rest of the market in freefall by Friday or Monday at the latest.
J Powell = Mr. Grinch and we all know he’s a mean one…LOL
Huh, looks likeJay was a closet Santa Claus