When the market is confused, it moves in a crazy fashion. One day it will rally as if there is no tomorrow and then the other day, it will collapse as if the world is coming to an end. It’s very hard to make any sense of what the market is trying to accomplish. The US stock market is extremely oversold but having said that the nervousness is keeping the bullish sentiment in check. There is no clear direction as of now.
S&P 500 at support zone + Fed policy decision ahead = Market Volatility
Here’s some stock-specific Observations
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