Federal Reserve News Sparks Market Rally

Hello traders everywhere. The Wall Street Journal reported that the Federal Reserve is closer than expected to ending its balance sheet unwind. The Fed's decision is a key consideration for investors as they gauge the extent to which the central bank will tighten its monetary policy moving forward.

Federal Reserve News

That news has spurred the stock market higher with all three major indexes up over one percent on the day. This week ending push higher could help all three indexes finish with weekly gains. As it stands right now the DOW is in positive territory with a weekly gain of +.50% marking it's fifth straight weeks of gains, but the S&P 500 and NASDAQ are just barely sitting in negative territory.

Key Levels To Watch Next Week:

Every Success,
Jeremy Lutz
INO.com and MarketClub.com

One thought on “Federal Reserve News Sparks Market Rally

  1. Normally, Gold Stocks and Crude are having opposite Trend of each other, but surprisingly, on 25th January 2019, Stocks, Gold and Crude gained simultaneously, which is quite strange.

    I have observed that there are many such incidents occurred when irrational or unjustifiable behavior taken place in multiple markets all together, however most of them proven as unsustainable or just appeared as a sparkle, and failed to deliver any long lasting effects.

    So now on wards, it will be interesting to observe short term movements, and to point-out up to which extend, market continue this up-trend, and whether this could be able to sustain or not?

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