Pre-Open Market Comments – Friday

Next Wednesday the Fed is expected to hike interest rates by 50 basis points. Even more concerning is the fact that their rhetoric is likely to reflect another 50 basis point hike in June. This is casting a dark cloud over the market and extreme selling has pushed the S&P 500 to within striking distance of the low of the year. I still expect to see nervous jitters for the next few days.

Daily Bulletin Continues...