SPX moving higher The Federal Reserve on Wednesday moved a step closer to a much anticipated first rate hike since 2006 by removing “patient” from its language, although markets bet on a September hike after it downgraded the expected pace of growth and inflation.
We had a gap up this morning and later a prolonged sell off. We broke the lows of yesterday and buyer showed up to the from door. The volume in NYSE and Nasdaq is significant and we will start the Earning Season with Alcoa. During the next days we might see an increase of movements
Mario Randholm Blog. Mario is the founder of Randholm & Co. S.A.C., an investment management company dedicated to producing superior returns for its clients and employees by adhering to mathematical and statistical methods.