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Weekly Market Recap Jun 16, 2019

FYI: Modest gains this past week after the massive reversal in markets upward the week prior. This coming week will all be about the Federal Reserve and the word “patience”. That simple word alone drove the market up well over 20% since the December lows. After a selloff, the Fed came to the rescue again a fortnight ago and now expectations are for a rate cut soon – most believe in July. So the removal of the word “patience” from the Federal Reserve statement this coming week will confirm rate cuts coming very soon to a theater near you!
Regards,
Ted
https://www.stocktrader.com/2019/06/17/weekly-market-recap-jun-16-2019/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+Stocktrading101+(StockTradingToGo)
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