Rip and dip, or the other way?
|S&P 500 teased by Turnaround Tuesday intraday dip, and then steadily lifted up almost all the way till the closing bell. Institutions sold the daily highs, but aftermarket fresh push higher (earnings) means that S&P 500 and Nasdaq are perched high going into FOMC. Then, we have META, GOOGL, MSFT earnings after the close to name a few, and their donwtick into the close spells caution. My preferred game plan for today? I‘ll start with S&P 500 having run far and fast, and will discuss more in the clients‘ section.
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