Recent Blogs Posts

Did the Fed pivot? The market did the Fed Flip yesterday. Stocks were lower most of the morning and once the Fed delivered their policy statement, the 0.25% rate hike, and began the press conference, the Dow was down over 500-points and the S&P was down 40+. Fast forward 15 - 30 minutes later and everything turned around. The indices did sell off in late trading to take them off their highs - perhaps profit taking as the S&P, up about 75-points at its highs, ended the day up 43, and ...