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home / news releases / UWM - What The Fed Really Said


UWM - What The Fed Really Said

Market Review & Recap

The volatility in the markets continued this week with another big whipsaw for investors following the Fed meeting. On Thursday, the S&P soared after the Fed announced they would not be hiking rates this year and ending their balance sheet reduction by September. On Friday, the rally was reversed as the realization of what the Fed actually said sank into the markets.

In just the course of 4 weeks, the market has swung from overbought, to oversold, back to overbought and then began correcting back to oversold on Friday. I am

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Stock Information

Company Name: ProShares Ultra Russell2000
Stock Symbol: UWM
Market: NYSE

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