Ep 163: Chris Gessel: Looking At Winning Stocks From Past Corrections
Investing With IBD
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The Bifurcated Market and the Fedhike Interest Rates
The S&P 500 is on track for more than 2.25% gain on a day that the Fedhike interest rates. That's only happened one other time in 40 years. The market was just looking for a reason to go up because we were so oversold, and maybe that is kind of similar. Do you feel like we still need more time again to let those channel lines catch up? We're not seeing the type of stocks that typically lead bull markets right now.
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