Whipsaw!

Whipsaw!  Traders were whipsawed by the Fed yesterday as Chairman Powell pulled the plug on the rate-cut dance party.  The Fed took center stage yesterday keeping rates unchanged but dashing hopes of a rate cut causing stocks and bonds to sell off late in the session. WHAT YOU NEED TO KNOW: 1)  Fed Chairman Powell…

Signal or Noise

Signal or noise.  Amidst a noisy day of varied information stocks closed mixed in yesterday’s session. Extreme beats and misses combined with mixed global economic news helped the Dow and S&P rally into the close after spending the day in red. WHAT YOU NEED TO KNOW: 1)  Earnings still matter… really.  In a period with…