• Narrow screen resolution
  • Wide screen resolution
  • Auto width resolution
  • Increase font size
  • Decrease font size
  • Default font size
  • default color
  • red color
  • green color

Let's Gain - The Professional Signals Provider - Signals, Trading Systems, Technical Analysis

Thursday
Aug 21st
Home arrow Archive arrow How did the market react to the FED's decision?

How did the market react to the FED's decision?

PDF Print E-mail
Wednesday, 30 January 2008

Investors collected profits after nearly three sessions of big gains, unwilling to leave money on the table amid ongoing economic uncertainty.

The chart below shows how the market reacted to the FED's rate cut.

It is interesting to note that immediately after the FED's decision, the Dow Jones Industrial index was pushed up by speculative movements. In one hour it had gained 220 points, passing from 12,461 points to 12,681.

Then it firmly pulled back, with traders awaiting key reports on the job market and manufacturing set to arrive on Friday. The Dow, which had been up more than 200 points after the Fed's decision, closed down 0.30%, at 12,442.83.

Investors' concerns about the state of the economy have not let up yet. 

 

dowjones_fed.jpg

 
Is the rise over?

Monday, 07 April 2008

article thumbnail S&P500 future touched again today the upper part of the red horizontal channel and bounced back towards below the opening level. Technically this situation is very interesting. Can...
+ Full Story

Market overview

Monday, 31 March 2008

article thumbnai Making an accurate forecast on where the market will move in the next days is not an easy task. Last week we have assisted to a low volume trading, with undefined movements and uncertainty. We...
+ Full Story

Other Articles
  • English
  • Italiano
  • Español
  • Français

Login Form






Lost Password?
No account yet? Register

VisaMastercardAmexPaypal
  
 
Trading in Foreign Exchange, CFDs, Options, Futures and Commodities carries a high degree of risk to your capital and it is possible to lose more than your initial investment. You should only speculate with money that you can afford to lose. These products may not be suitable for all investors, therefore please ensure that you fully understand the risks involved and seek independent advice if necessary. Please read our full Disclaimer.