Markets reacted mutedly negative to the FOMC minutes this afternoon, but finished even on the day. We’re in a new daily cycle as the Nasdaq closed below the 21EMA yesterday and remained there today, so caution and patience is required here. More economic news is due out tomorrow morning with Q4 GDP and Initial Jobless Claims.
The Next Market Leaders - 2/22
The Next Market Leaders - 2/22
The Next Market Leaders - 2/22
Markets reacted mutedly negative to the FOMC minutes this afternoon, but finished even on the day. We’re in a new daily cycle as the Nasdaq closed below the 21EMA yesterday and remained there today, so caution and patience is required here. More economic news is due out tomorrow morning with Q4 GDP and Initial Jobless Claims.