Powel is speaking and as he does, he provides “hints to the FED’s rate hikes pause” then says the economy is still too strong and so he may raise the rates up and seesaw continues. And the stock market is on the FED’s swing. As long as the market stays flat overall (we Continue reading →
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Archive for October 19th, 2023
Posted by Martin
October 19, 2023
Posted by Martin
October 19, 2023
More weakness today
The market is experiencing more weakness on Thursday, October 19th, 2023. Futures were down significantly overnight but surprisingly recovered all losses prior to opening. Unfortunately, after opening the markets slipped lower ahead of J. P. speech today at noon ET. We can only speculate about how Wall Street will react to his speech. The market Continue reading →
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