Market Report Sep 22 2022

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Market Report for Sep 22 2022

S&P 500 and Nasdaq Daily Charts

The FOMC voted unanimously to increase the target rate by 75 basis points. This was not a surprise for the market although the commentary that followed with the terminal rate estimate brought up to 4.60% from what was originally 3.80%.

Still another week remaining for September and we will look to buy more stocks after that period if the market sets up.

Let’s go trade!