For the 4th consecutive trading day stocks ended slightly lower or unchanged. After the March 1st break out day the major indexes are near the low of that day. Since then there has been Fed comments that took the probability of a March interest rate hike to 84%. Here's what to expect the higher Fed Funds rate will mean for stocks, bonds and interest rates. The indexes being 1-2% off all time highs is not a sign of selling... yet
For the 4th consecutive trading day stocks ended slightly lower or unchanged. After the March 1st break out day the major indexes are near the low of that day. Since then there has been Fed comments that took the probability of a March interest rate hike to 84%. Here's what to expect the higher Fed Funds rate will mean for stocks, bonds and interest rates. The indexes being 1-2% off all time highs is not a sign of selling... yet
1 Comment
Maritn budz
March 10, 2017Hi Doc:
What is the indicator you use that shows you volume histogram on the side of the chart?