
AGGRESSIVE BUYING ON DOVISH POWELL BUT BLINKEN WARNS
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Dovish Powell Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark for the stock market index (SPX). Note the following: In the Morning Capsule, we shared with you that there was buying in stocks on Biden wanting to spend more and not addressing the demand side. Bulls got further encouragement from Powell being dovish in his testimony before Congress. Powell favors only a 25 basis point interest rate increase in March. The chart shows aggressive buying on a dovish






