๐ โโ๏ธ It could have happened but it was unlikely. They did walk back their talk a bit, saying a rate hike would "soon be appropriate" which is a ways of saying they will continue to evaluate the situation. All of this should be short term bullish for stocks, ideally into the end of the month. I'll give this a little time to see if there is anything else that makes sense to add here. I want to keep exposure modest.
๐งฉ SECTOR OVERVIEW As you can see from the MARKET SCREENER: โฌ๏ธ Outperforming sectors:
SEMIS ๐ฒ
TECH ๐ป
FINANCIALS ๐ฐ
ENERY โก๏ธ
โฌ๏ธ. Underperforming sectors:
CONSUMER DISC ๐
COMMUNICATION โ๏ธ
REAL ESTATE ๐ก
The MARKET SCREENER tell us who is leading and who is lagging. I personally always have it open while trading to get a feel of where money flows and observe sector rotations.
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