THE GIST (“THE WHAT”) Financials and Energy stocks led the S&P 500 index lower for the fourth session in a row, closing a choppy session at 4061.23, down 29.51 points (-0.72%). Investors digested Fed’s 10th consecutive rate hike this cycle, alongside Powell’s comments that a pause in the hiking cycle might be too soon to (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan” will be posted around 9:00am EDT, every trading day. For the Outlook, Forecast, and Trading Plans published this morning, please click here For the last published Results of the Morning Trading Plans, please click here. THE GIST (“THE WHAT”) In an attempt to avert recession, the (more…)
