Wednesday Market Calendar: 3/16/22
WEDNESDAY, MARCH 16TH 2022 8:30am Feb Import Price Index 2.0% Fed Import Price Index Excluding Fuels 1.4% 10am March NAHB Home Builder’s Index 82 January Business Inventories Revision 1.1% 2pm FOMC Announcement on Fed Funds Rate 2:30pm Fed Chair Powell News Conference
Hope You Didn’t Buy The Dip – $SPY $QQQ
Confused by This Price Action? You aren’t the only one! This is a tremendously difficult market to trade. So much uncertainty, so many risks, and so much left unknown every single day. It raises the blood pressure of the collective trading community every single day. Today felt like the markets were giving a little buffer […]
3/15/2022: Jay’s Top Five Headlines of The Trading Session
Boring, Neutral Trading Day Overall An overall boring day in which we traded a bit sideways before the big FOMC decision. Felt like the markets stood quietly all day long and did not want to commit either way before more guidance is released tomorrow. General fear seems to be gripping the market at this time. […]
Will Fed Shock World and Raise .50BP?
The main headline for investors this week will be the Fed’s interest rate decision this Wednesday afternoon. Most analysts believe that a rate hike of 0.25% is likely. This would be the first rate hike by the fed in over four years. The high inflation makes it almost certain that there will be some kind of […]
Is The Fun Over For $GME?
One of the undeniable headliners for this week’s earnings calendar is Gamestop. The company turned meme has become synonymous with Wall Street Bets and all that is wrong with retail trading. Anyone still holding this name is likely not completely in touch with reality at this point. According to David Trainer, of New Constructs: “Even […]