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This Is What I Am Expecting After the FOMC This Week

Posted 10:30 AM ET - We are likely to see nervous jitters for a few more days and then I am Expecting a relief bounce after the Fomc Statement. Notice that I used the word bounce, not rally. There are still many unresolved issues that will weigh on the market this summer. The low for the SPY in 2022 was $410.60 and I believe we will test that before the FOMC statement Wednesday. There are many positive and negative influences and that is creating extreme market volatility. Buyers flex their muscles and buy programs kick in. The next day sellers take …



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This Is What I Am Expecting After the FOMC This Week

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