This 13th is All About The Interest Rates, Trader! The much awaited North Korea summit has come and gone with not much to show or move the markets! There is not decisive dominance by either the bulls or the bears! Everybody seems to be waiting for the FOMC decision on the interest rates tomorrow – (more…)
TODAY IN THE MARKETS – TUE 06/12
Note: Our nightly “S&P 500 Outlook,Forecast, and Trading plan for tomorrow” – (usually published between 8:30pm EDT and 10:30pm EDT). S&P 500 TODAY THE GIST (“THE WHAT”) The S&P 500 index traded within a very tight range for most part of the Tuesday’s session, registering the day’s high at 2789.80 as investors shifted their (more…)
INTRADAY COMMENTARY – Tight Range
The much hyped North Korea summit came and gone with not much “real news” to move the markets. The markets just yawned at it and are now focused on the next big news event – tomorrow’s FOMC Rate Decision and Chair Powell’s press conference, which is sure to bring some fireworks. S&P 500 Index is (more…)