
FED ANNOUNCES DOVISH HIKE – WALL STREET POSITIONING CORRECT – SMART MONEY SELLS INTO THE STRENGTH
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Dovish Interest Rate Hike 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: In the Morning Capsule, we shared with you that Wall Street was positioned for two potential outcomes from the FOMC meeting. Regarding one of the two potential options, we wrote: A dovish hike of 25 basis points is being given an 80% probability by Wall Street. On the surface, the combination of dovish and raising