How to Trade The Fed's Interest Rate Announcement
The Fed will almost surely raise interest rates today.
Technical Edge
NYSE Breadth: 74% Upside Volume
NASDAQ Breadth: 77% Upside Volume
Bulls stepped up on Tuesday, delivering a solid rally ahead of the Fed event. While the narrative for rising rates is that it’s a negative for stocks, many people don’t seem to realize that stocks historically rise during a rising-rate environment.
We need three things to stop…
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