Low for 2022 is in....

Stock indexes rally 90% of the time on FOMC announcement day.

 

"Let's get ready to ruuuuuuuuuumble".

 

Yep....big rally. Every FOMC meeting is a big rally.

 

I bought that dip, what did you do?

 

Sold the double top. (on the QQQs)

 

Whatever.

 

And the day after FOMC day (3 out 4 times so far this year) the market reverses.

Especially hard the last two times.