• 1,178 days Will The ECB Continue To Hike Rates?
  • 1,179 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,180 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,580 days Could Crypto Overtake Traditional Investment?
  • 1,585 days Americans Still Quitting Jobs At Record Pace
  • 1,587 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,590 days Is The Dollar Too Strong?
  • 1,590 days Big Tech Disappoints Investors on Earnings Calls
  • 1,591 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,593 days China Is Quietly Trying To Distance Itself From Russia
  • 1,593 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,597 days Crypto Investors Won Big In 2021
  • 1,597 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,598 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,600 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,601 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,604 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,605 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,605 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,607 days Are NFTs About To Take Over Gaming?
How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  1. Home
  2. Markets
  3. Other

One Last Shot For The Fed?

Friday was a scary down day for many and Market fear was in the air.

But the Fed may still have one shot to hold the market from a bad day today. That hope comes from the support line on the New York Stock Exchange Index (NYA).

Take a look at today's chart and you will see that the red support line is very close now. Even if the Fed has a win today, they will face an earnings gauntlet this week because ... This will be a Big earnings week with Apple today, and Amazon and Google on Thursday ... these earnings will be released after the close of those respective days.

NYA Index Daily Chart

 


We are now offering a FREE 10 Day Trial to our complete Advanced Investor Subscription with this and over 20 charts and analyses: Click Here for more information.

 

Back to homepage

Leave a comment

Leave a comment