๐ โโ๏ธ It could have happened but it was unlikely. They did walk back their talk a bit, saying a rate hike would "soon be appropriate" which is a ways of saying they will continue to evaluate the situation. All of this should be short term bullish for stocks, ideally into the end of the month. I'll give this a little time to see if there is anything else that makes sense to add here. I want to keep exposure modest.
๐งฉ SECTOR OVERVIEW As you can see from the MARKET SCREENER: โฌ๏ธ Outperforming sectors:
SEMIS ๐ฒ
TECH ๐ป
FINANCIALS ๐ฐ
ENERY โก๏ธ
โฌ๏ธ. Underperforming sectors:
CONSUMER DISC ๐
COMMUNICATION โ๏ธ
REAL ESTATE ๐ก
The MARKET SCREENER tell us who is leading and who is lagging. I personally always have it open while trading to get a feel of where money flows and observe sector rotations.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.