What the Fed’s Latest Announcement Means for Traders

Another Fed Day has come and gone. [Jeff Clark's Market Minute]( What the Fed’s Latest Announcement Means for Traders By Imre Gams, analyst, Market Minute Another Fed Day has come and gone. Last Wednesday, the central bank released an updated statement on its monetary policies and what it sees coming down the pike for the economy. Investors desperate for clarity were hanging on every word that Fed Chair Powell had to say. The entire event, however, ended up being a bit of a mixed bag in that regard. Recommended Link [“Amazon Loophole” could hand you $28,544 in “royalty” payouts]( [image]( Thanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” And the best part is, there are: - NO age or income requirements… (It’s available to anyone 18+ or older) - NO employment requirements… (You can be working part-time, full-time, or even be retired) - And you NEVER have to shop or sell a single product on Amazon… (It only takes 5 minutes to set up!) See how to collect the next payout before the strict cutoff deadline. [Watch short video now.]( -- The major headline was that the Fed didn’t raise interest rates again. If they had, it would have marked the 11 consecutive rate hike in a row. This part was welcome news to investors worried that the Fed was being too heavy-handed with its interest rate hikes. They feared that further rate hikes could send the economy spiralling into a recession. But despite pausing the current rate hiking cycle, the Fed has left the door open to future hikes if necessary. In fact, the expectation of the Fed is that their benchmark rate will end up being closer to 5.6% by the end of the year – up from 5-5.25% currently. Not only that, but Powell has stated the Fed won’t be looking to lower rates for a couple more years. That’s certainly tricky news for investors to navigate. The market has to figure out how much more upside can be priced in. For now, the answer seems to be quite a bit. The S&P 500 is trading at levels it hasn’t seen since April 2022. [And with the VIX trading where it was right before the Coronavirus Crash of 2020]( the conditions are certainly there for a disappointing surprise that sends the market lower. All this tells me is that we’re still in a trader’s market. There will be plenty of both bullish and bearish opportunities. Traders who that are nimble and can get in and out of short-term positions will likely have an advantage over buy-and-hold investors, at least for the time being. Free Trading Resources Have you checked out Jeff's free trading resources on his website? It contains a selection of special reports, training videos, and a full trading glossary to help kickstart your trading career – at zero cost to you. Just [click here]( to check it out. It’s crucial for market participants to understand the kind of market they’re dealing with. Not every strategy will work in every kind of market environment. I personally like to look for a combination of mean reversion and breakout trades. Over the last several weeks, readers have been alerted to opportunities in stocks such as [Tesla]( and Cathie Wood’s [ARKK ETF](. Those were great examples of breakouts. As the market is now reaching bullish extremes, it’s time to be on high alert for mean reversion opportunities as well as exit points on those breakout trades. It’s all about adapting to the market that’s in front of you right now. You can be sure that once I find another great trading opportunity, I’ll be discussing it right here in Market Minute. Happy trading, Imre Gams READER MAILBAG Are there any stocks you’ve been watching for a breakout? Let us know your thoughts – and any questions you have – at feedback@jeffclarktrader.com. IN CASE YOU MISSED IT… [Financial genius reveals unusual investment strategy that works in ANY market]( Once you see this strange financial maneuver - you’ll never look at the stock market the same way again... [Click here for LIVE footage.]( [image]( [Jeff Clark's Market Minute]( Jeff Clark Trader 55 NE 5th Avenue, Delray Beach, FL 33483 [www.jeffclarktrader.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Jeff Clark Trader welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-800-752-0820, Mon–Fri, 9am–7pm ET, or email us [here](mailto:contactus@jeffclarktrader.com). © 2023 Omnia Research, LLC. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Omnia Research, LLC. [Privacy Policy]( | [Terms of Use](