Pre-Open Market Comments – Friday

April 29, 2022
Author: Peter Stolcers, Founder of OneOption

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...

Want Full Access?

Become a Member

Start Free Trial

No credit card required.


Previous Bulletin

April 28, 2022

Next Bulletin

May 2, 2022