Stock Market Slightly Pulls Back Ahead Of Fed Meeting
The stock market took a step back Monday ahead of the start of the two-day Federal Reserve meeting. But it wasn't such a bad session for the bulls because it was an orderly decline for the stock indexes, and volume wasn't overwhelming to the downside. Sentiment was negative in the stock market as the U.S. dollar strengthened.
The Fed on Wednesday is widely expected to raise the federal funds rate by 75 basis points again to a range of 3.75% to 4%. Until then, caution is advised as volatility is expected to be high.
If the confirmed uptrend has staying power, new leaders and setups will continue to emerge. Keep your eyes focused on our watchlists and look for opportunities to increase exposure.
Updated Watchlist All stocks on our watchlists meet the hard selection criteria according to Mark Minervini's Trend-Template and William o' Neil's CAN SLIM methodology. Hereis the link to the updated watchlist: tradingview.com/watchlists/75013711/
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.