$RSP +0.9% & $EQAL 1.1% closed +ve and it comes with significance as they outperformed their respective capitalization weighted indexes $SPY +0.7% & $IWM +0.9%.
Category: Market Updates
Major indexes reacted +ve to FOMC Summary of Economic Projections, reflecting a possibility of a pause in rate hikes sooner than later. The +ve sentiment
A brokered move by Swiss National Bank for $UBS rescue of $CS only provide a brief respite for the market as resillient opening in $XLF,
The pressure in banking sector remains as headliner with financial sector $XLF -3.22% and banking groups $KBE -5.6% $KRE -6% gave up previous day gain
Roller coaster actions are witnessed in bank group $KBE $KRE, along with $XLF as improved breath today is of minimal significance. Short term bear structure
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