By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know now.
Harsh Shock
Please click here for a chart of Nasdaq 100 ETF (QQQ).
Note the following:
- The chart shows when the Fed minutes were released.
- The Fed minutes have a harsh shock for momo investors.
- From the Fed minutes, there appears to be a consensus to reduce Fed’s massive $9 trillion balance sheet after the first rate hike in March.
- Momo gurus have been of the belief that the Fed will maintain its $9 trillion balance sheet for a long time.
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Please click here or the title below to read more.
