To gain an edge, this is what you need to know now.
Hat Off To Powell
Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).
Note the following:
- Please start by reading yesterday’s Morning Capsule titled “MORNING CAPSULE: FED HAS A PROBLEM – MOMO GURUS READY TO RUN UP THE STOCK MARKET 10-15%.”
- Kudos to the Fed and our hat off to Powell for doing an excellent job at communicating what was obvious to any astute observer but momo gurus were wrongly twisting.