Consider My Predictions
The Federal Reserve will not cut the federal funds rate until the fourth quarter after they complete quantitative tightening at the end of September.
The trade war with China keeps downward pressure on stocks.
Government regulators continue to investigate the FAANG stocks.
The Iran situation is a wildcard, but higher oil prices are buoyed by the huge inventory build in the USA.
Here’s Today’s Scorecard
SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA)
Courtesy of Refinitiv XENITH
The Diamonds ETF is 20.5% above its 2018 low of $216.97 set on Dec.