Fed Action And Re-Action

2024-01-31 / Bruce Marshall

Loading the player...

In this video, we discuss today’s FED action that sent a shockwave through the market. We had a fairly big flush today and the Bulls took some off the table and ran as the FED implied less chance of a rate cut. The overall market has been very Bullish, so a pullback should be expected, but are we starting to skate on thin ice here? The other concern is that the Mag 7 and big tech are not looking as strong as they were, so what might this mean for the market?

Bruce Marshall

Bruce began his career working for a Wall Street firm on a bond desk after the Crash of ’87. He spent several years trading bonds until he switched to the equity side which developed his love of trading equities and options early on. He traded IPO’s, secondaries, and preferred’s. In the early days, he actually had to hand write “tickets” to buy and sell securities.

That's as far as you can go!