Locator: 44935MKT.
At the open, we'll see where these go after the Fed decision is announced:
- $3-trillion club:
- AAPL: wow, wow, just turned positive; another all-time high (?); market cap at $2.892 trillion;
- tech:
- TSM: profit-taking, down 0.7%;
- AMD: pops; up 1.75%; up $2.18 / share;
- NVDA: can't stop a train; up 0.7%; up another $3.52 / share;
- EVs
- TSLA: profit-taking, flat to negative;
- RIVN: flat to negative;
- big cap, MAGA:
- UNP: up 1.6%
- DE: up 1.4%; up another $5.65 / share
- CAT: up 0.25%
- BRK-B: up 0.41%
- oil, gas:
- CVX: up 1%
- DVN: up 1.4%
- EPD: up 1%
- SRE: up 0.7%
- high dividend:
- T: up 0.5%
- missteps / one-offs / opportunities:
- BUD: up almost 2%
After the Fed decision:
- Fed pauses but says more hikes coming after this pause
- Dow drops 374 points
- S&P drops 23 points
- NASDAQ drops 70 points
Later, the next day, June 15, 2023:
- the market. -- all three major indices -- had an incredible rally;
- a rally seldom seen;
- no increase in the Fed rate, and though JPow was hawkish in his remarks, a lot "analysts" / writers suggested the Fed was "bluffing" about more hikes this year.
- if the Fed does hike it's unlikely they would do it during the summer unless inflation took a serious turn for the worse.
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site. Do not make any investment, financial, job, career, travel, or
relationship decisions based on what you read here or think you may have
read here.
All my posts are done quickly:
there will be content and typographical errors. If anything on any of
my posts is important to you, go to the source. If/when I find
typographical / content errors, I will correct them.
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