Big Market News Tonight

February 1, 2024
Author: Peter Stolcers, Founder of OneOption

We've seen some profit taking after earnings and the FOMC. Here are the possible outcomes overnight that would be good and bad for the market in the next 24 hours.

PRE-OPEN MARKET COMMENTS THURSDAY – We saw some profit taking after mega cap tech earnings and the FOMC. That was expected and we have another huge round of news pending in the next 24 hours. This will set the tone for February and we will be able to gauge the selling pressure after this round of news.  

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