The market sustained further losses following an unanimous decision by the FOMC to further increase the fed fund rate by +0.25%. Comments made by Fed
Category: Market Updates
After rallying over last two sessions, market experienced a stall and closed mostly flat from its opening. $IWM index level performance was notable, showing a
Market broke its range as major indexes all got sold hard to close as banking pressure is back at forefront $KBE -4.2% $KRE -3.7%. $FRC
Index level performance remained fairly resilient even with intraday whipsaw action over the week. Both $RSP -0.55% & $IWM -0.52% have retraced back to their
$RSP -0.45% rejection of its declining 50-MA sent many stocks lower as new lows expanded from 104 to 162, while net NH/NL declined from -11
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