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2 min read 2023

Tesla -3.25%, Apple -0.91%, First Republic Bank -15.47%, Credit Suisse -5.48%, Dow Jones Industrial -530.49 pts, Bitcoin 27,446

In case you miss the event today, Fed Chair Jerome Powell announced the quarter point increase rate hike. What he didn't say is the word "ongoing". Instead he settled with the dovish message of they "may" address inflation based on the data later on.
Tesla -3.25%, Apple -0.91%, First Republic Bank -15.47%, Credit Suisse -5.48%, Dow Jones Industrial -530.49 pts, Bitcoin 27,446
Photo by Terry Vlisidis / Unsplash

Bellow Traders.

In case you miss the event today, Fed Chair Jerome Powell announced the quarter point increase rate hike.  What he didn't say is the word "ongoing".  Instead, he settled with the dovish message of they "may" address inflation based on the data later on.  Uncertainty.

As expected, this event put traders on edge as reflected by the high volatility in the market at the second half of trading day.

Tesla is down -3.25% amid Consumer Discretionary sector at -2.2% territory.

Banks such as First Republic Bank and Credit Suisse continued to reel in today's session.

Dow Jones Industrial down over 500 points.

Bitcoin is at 27,446 compared to yesterday's 28,359.

You only lose if you don't have a stop loss.  Cheers Traders.
— Rocketman

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Disclaimer

I am not a professional investment adviser and my opinions are based on my own technical analysis.  Please consult an investment professional before making investment decisions.

Do your due diligence if or when placing a trade. All ideas stated here are my own and do not represent trading or investment advice.

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P. Diddy Array

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