What Does Powell’s Purple Tie Mean?

January 30, 2025/Comments Off on What Does Powell’s Purple Tie Mean?

Yesterday was FOMC Day, and we saw some weakness going into the market the more Jerome Powell spoke.

Eventually, the market tested the lows it was looking for and managed to end the day with some strength. The nuclear names are coming back, and we went shopping for more positions.

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TG Watkins

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