$SPY is getting smoked in the early hours of PM trading. The FED’s Jerome Powell confirmed the Federal Fund Rate will remain near zero, but portrayed a dire outlook for the current and near future situation. Basically, the uncertainty is looming.
Market participants are feeling uneasy this morning as prices are fading early, but you know how that can go.
Currently, we’re looking at 6 securities in today’s session.
Sectors: Materials, Consumer Cyclical, Financial, Technology
As always- if this, then that.
Keep it simple.
Members, check the Video Library for our detailed plan.