🙅♀️ It could have happened but it was unlikely. They did walk back their talk a bit, saying a rate hike would "soon be appropriate" which is a ways of saying they will continue to evaluate the situation. All of this should be short term bullish for stocks, ideally into the end of the month. I'll give this a little time to see if there is anything else that makes sense to add here. I want to keep exposure modest.
🧩 SECTOR OVERVIEW As you can see from the MARKET SCREENER: ⬆️ Outperforming sectors:
SEMIS 📲
TECH 💻
FINANCIALS 💰
ENERY ⚡️
⬇️. Underperforming sectors:
CONSUMER DISC 💍
COMMUNICATION ☎️
REAL ESTATE 🏡
The MARKET SCREENER tell us who is leading and who is lagging. I personally always have it open while trading to get a feel of where money flows and observe sector rotations.
If you like the MARKET SCREENER, it is free to our community - links in bio or signature. Join for instructions.