U.S. stock futures are flat following Tuesday’s reversal that saw the major indices end the day in the green — and more in Tuesday’s stock market recap.
While many investors believe us to be in a bear market, market internals indicate otherwise.
In a bear market, stocks become listless. But as we can see in the average true range on the Dow, which is over 600 points a day, we still have heightened volatility. The wild swings don’t indicate a bear market but rather a market that’s in play.
Investors are awaiting the Federal Reserve’s key decision on interest rates coming on Wednesday as we contend with high inflation, fears of a coming recession and the ongoing Russia-Ukraine war.
In this morning’s stock market recap video, you’ll discover the No. 1 sector right now… how to gauge market action with the insane volatility… the biggest earnings reports and what to expect… major Fed data and what it means for tech stocks… key internals pointing to a major event in the markets… plus my top ETF.
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