It’s a big day for traders and investors as the Federal Reserve will make a decision on the key interest rate and provide a statement.
Active investors will be sure to parse the words in the statement from the FOMC. Look for a big move following the Fed.
In today’s video we discuss key news and themes of the day, while analyzing the financial markets and asset classes from a broader lens. Here’s a recap:
– Stocks are rising in front of today’s FOMC meeting.
– Crude oil retreats as Saudi production is expected to revive quickly.
– Momentum stocks have not broken down yet.
Stock Market Today Video – September 18, 2019
Twitter: @DanRusso_CMT
Author may have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
