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Fed Day: Stock Market Insights and Key Strategies for Navigating Volatility
- 2024/09/18
- 再生時間: 9 分
- ポッドキャスト
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サマリー
あらすじ・解説
Today is Fed day, and stock index futures are trading above fair value in the pre-market. Crude oil inventories will be released later this morning, which could influence energy stocks, while the main focus remains on the Federal Reserve's interest rate decision and subsequent press conference. Market sentiment has shifted from expecting a 25 basis point cut to a 50 basis point cut, but Fed days typically cause volatility, making it risky to bet on the market's immediate direction. The stock market is currently overbought, with the VIX elevated, indicating heightened market uncertainty. Major indices such as the S&P 500, Nasdaq, and Russell 2000 are approaching highs, while bond markets, especially junk bonds, continue to show bullishness. Canadian and U.S. financial stocks are performing well, with several sectors making new highs. However, this volatile period means caution is warranted, especially ahead of the Fed's announcements. Stephen Whiteside TheUpTrend.com Wednesday, September 18, 2024 https://theuptrend.com/morning-market-outlook-09182024/