From Skid To Bid As FOMC Meeting Looms

Cutout paper illustration representing scheme and Stocks inscription

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The market felt the pressure today as the odds of a Fed rate hike have been moving higher in recent weeks and are set to announce on Wednesday. The initial weakness turned to strength today as ARKK began to turn the corner during the day. Is this the bottom? The early UOA pointed to bullish setups (SABR, UAL, DAL, CTXS, XLI, BITO, MARA)…

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