Quick Post
21d · 1 min read
Fed days have become a complete free-for-all.
The S&P 500 has now seen THREE swings totaling ~$2.9 TRILLION in market cap during today's session.
Between 9:30 AM ET and 12:15 PM ET, the S&P 500 fell -85 points, losing -$770 billion.
Between 12:15 PM ET and 2:55 PM ET, the S&P 500 rallied +110 points, adding +$1 trillion.
Between 2:55 PM ET and 3:45 PM ET, the S&P 500 fell 120 points, losing -$1.1 trillion.
The era of Fed guidance is over and the market is not liking it.
No position disclosed.
This is not financial advice. For informational purposes only.
Based on publicly available information and contributor analysis.
This content is for informational purposes only and should not be considered financial advice.
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