DiscoverCompounding LifestyleS2 E34: Fed Talks, Jerome Powell and the State of the Stock Market
S2 E34: Fed Talks, Jerome Powell and the State of the Stock Market

S2 E34: Fed Talks, Jerome Powell and the State of the Stock Market

Update: 2021-06-16
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In today's episode of compounding lifestyle,$AMC #AMCARMY #AMC100k Cit joined in unison in buying shares and bullish call options in AMC stock. They did the same in a band of other companies that had been heavily sold short and struggling. If you were watching or trading GameStop (GME), you likely were also keeping close 




S&P and Nasdaq futures hovered just below record highs on Wednesday with investors on edge before potential comments from the Federal Reserve on when it would taper its massive monetary stimulus.


The Fed has previously tried to assuage concerns that rising inflation would prompt it to tighten its ultra loose monetary policy, but data on Tuesday showing a jump in producer prices has again raised expectations the central bank could begin debating closing the taps at its meeting this week.The central bank’s latest policy statement is expected to be released with fresh economic projections at 2 p.m. ET (1800 GMT).


At 6:56 a.m. ET, Dow e-minis were down 34 points, or 0.1%, S&P 500 e-minis were down 0.75 points, or 0.02%, and Nasdaq 100 e-minis were up 15.25 points, or 0.11%In corporate news, Oracle Corp dropped 4.7% in premarket trading as the business software maker forecast current-quarter profit below Wall Street estimates.


Banks including JPM$ , $BAC and $GS tracked a dip in the benchmark 10-year Treasury yield. [/US]


Energy stocks $XOM and $CVX were subdued even as oil prices climbed toward $75 a barrel to their highest since April 2019. 


$ARKX $XOM $AC $X $NUE $TSLA $AAL $BNGO $MARA $O $CRWD $FB $AAPL $FCEL $MGM $GOOGL $EZGO $SHOP $MTCH $DIS $PDD $ $TWTR $AMZN $ZM $PLTR $BFLY $ENZC $GM $ABNB $BUZZ $PTON $TDOC $DDD $U Bitcoin Ethereum, Stellar 




Control the Cash balance today and position yourself accordingly. Let's GO!!!!! 




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DISCLAIMER: These Podcasts are for educational purposes only. Nothing in this podcast should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial advisor before making any financial decisions. Do your research and due diligence.

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S2 E34: Fed Talks, Jerome Powell and the State of the Stock Market

S2 E34: Fed Talks, Jerome Powell and the State of the Stock Market

Arriston Worthy