Trading Opportunities: How to Prep for the Fed’s Announcement
Did support on the SP 500 break? Yes… kind of. The market closed at 3,899 Monday and seems to be holding. The main question is how the Federal Open Market Committee’s announcement tomorrow will affect the market. We’re pretty sure we know that they’ll raise interest rates 0.75% as expected. In this week’s livestream, we can offer some reassurance as to why we don’t expect the Fed to raise rates any more than that. However, traders are in a little bit of limbo. But again, we are optimistic that the Fed will meet expectations on Wednesday and that stocks have a good chance of rallying into Friday. Until the announcement is out, aimless volatile trading is the most likely outcome. Tech, Tesla, and Social Media This week, we addressed the questions of some worried traders in light of the Fed announcement, plus we discussed some interesting viewer questions about specific stocks. If you have questions of your own, just drop a line in the comments section or email us at feedback@investorplace.com .
Trading Opportunities: How to Prep for the Fed’s Announcement
Did support on the SP 500 break? Yes… kind of. The market closed at 3,899 Monday and seems to be holding. The main question is how the Federal Open Market Committee’s announcement tomorrow will affect the market. We’re pretty sure we know that they’ll raise interest rates 0.75% as expected. In this week’s livestream, we can offer some reassurance as to why we don’t expect the Fed to raise rates any more than that. However, traders are in a little bit of limbo. But again, we are optimistic that the Fed will meet expectations on Wednesday and that stocks have a good chance of rallying into Friday. Until the announcement is out, aimless volatile trading is the most likely outcome. Tech, Tesla, and Social Media This week, we addressed the questions of some worried traders in light of the Fed announcement, plus we discussed some interesting viewer questions about specific stocks. If you have questions of your own, just drop a line in the comments section or email us at feedback@investorplace.com .