FOMC And The SPY
Image Source: Unsplash
Since the eight-times-a-year FOMC is on Wednesday, I thought I’d use the Event Markers feature in SlopeCharts to see how the SPY has behaved following these days. Since the market has, more or less, been going up nonstop, the SPY tends to, more or less, go up after every FOMC (with the notable exceptions of last September and October, which were sort of the last gasp of any bearish hope).
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I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...
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