This Is the Biggest Market Threat Right Now!

Posted 9:30 AM Et – PRE-OPEN MARKET COMMENTS TUESDAY – Yesterday the S&P 500 tried to rally above the 200-day MA and it was smacked down. Hawkish comments from Fed Chairman Powell were a reminder that the tone is hawkish, but there was no new information. The market closed right where it opened Monday (doji) and the range was substantial. That is a sign of indecision. The issues plaguing the market (inflation, Fed tightening and the war in Ukraine) have not improved, but the initial shock of these events is starting to wane. The first rate hike by the Fed will …

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