Market On Open - Friday 22 March
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FOMC Runoff
by Alex King
Friday. The winding-down day after all the excitement of FOMC this week, and triple-witching opex last week. From Monday we get to see a direction for markets absent major external stimuli. Today we may see some profit-taking from the big upwards move in the wake of the Fed deciding inflation must be transitory this time around too.
Below we run through our usual charts - we cover the US 10-year yield, the S&P500 in three incarnations (SPY, ES, UPRO), Nasdaq, the Dow and the Russell ditto (unlevered ETF, futures and 3x leveraged ETFs in each case) - plus some sector-specific levered and unlevered ETFs. We do this daily for our paying members here, whether you are a member of the Inner Circle or our Market Insight membership tiers.
If you’ve yet to sign up for one of the paid tiers here? You can do so from the links below. The signup links below will give you the options, but if you have any difficulties signing up, you can reach us right here.