
MOMO BUYS STOCKS ON HOPE OF RESCUE BY POWELL
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Hopes Of Rescue 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: The Federal Open Market Committee (FOMC) is meeting today. FOMC will announce its decision tomorrow at 2:00 pm ET followed by Powell press conference at 2:30 pm ET. The chart shows Arora’s sell signal for a short term trade using inverse ETF SQQQ or short-selling QQQ. The chart shows that the first target hit