Hey, it’s Ross Givens here with the Chart of the Day. Today’s chart shows how the S&P 500 has moved on “Fed days” since March 2022. Yesterday’s market movement was par for the course. The tech-heavy Nasdaq jumped nearly 3%, as expected. But even though the Fed’s message seems “clear,” most traders are forgetting one critical thing right now. I explain in the Insight of the Day.
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