Home Stocks Markets Standing on Their Head

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The markets stood on its head once again as sentiment flipped like a light switch. Fed head Powell gave hawkish statements and suggested that additional hikes are on the table. That sent the markets lower and we didn’t stop until he closed near the lows of the session. The early response by the markets was to rally into the meeting but that sentiment changed quickly. While I expect a small rebound today, we could see more extended losses today of sentiment remains risk off. More than anything, we could see market uncertainty until the March FOMC meeting. That is where we can get more guidance regarding future hikes. The March meeting has been widely speculated as the first rate hike. Welcome to the markets Fed Powell. You just got a taste of how significant the weight of your words can be. Long Signal: DECK EW  Short Signal: Stocks to Watch: TWTR CTXS NTAP JBL HLF WFC  JPM MS NFLX WDC DIS SBUX STZ NKE LULU CREE VZ T HOG MON YUM LOW HD LEN TOL FEYE PANW FFIV


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