What Does Today's Interest Rate Hike Mean for Your Stock Portfolio? | Midday Market Minute | 6.15.22

Posted: June 15, 2022, 4:36 p.m.

Largest Fed hike in 28 Years! (75bps). This was almost certain after Friday's CPI number. Will we see easing on rates in 2024? What will CPI be in July & Aug leading up to Jackson Hole?

There are closing gaps in the Nasdaq and the S&P 500 going back to last Friday that must be closed to reverse higher (~3900 which is the 0.382 Fib Retracement for the S&P 500)

Check out our Morning Express Daily Research for Support & Resistance Levels!

There is an IMPORTANT Four Star Support Level in Aug Crude Oil that our clients received, which will also be included in tomorrow's Morning Express! 

US Dollar traded higher, which underpinned Gold & Silver, but Gold was able to trade through resistance during the session. Where does Silver have to hold to continue higher? What is an inverted Yield Curve?

Sign up for a 14-day, no-obligation free trial of our proprietary research with actionable ideas!
Free Trial Start Trading with Blue Line Futures Subscribe to our YouTube Channel
Email [email protected] or call 312-278-0500 with any questions -- our trade desk is here to help with anything on the board!

Futures trading involves substantial risk of loss and may not be suitable for all investors. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.

Blue Line Futures is a member of NFA and is subject to NFA’s regulatory oversight and examinations. However, you should be aware that the NFA does not have regulatory oversight authority over underlying or spot virtual currency products or transactions or virtual currency exchanges, custodians or markets. Therefore, carefully consider whether such trading is suitable for you considering your financial condition.

With Cyber-attacks on the rise, attacking firms in the healthcare, financial, energy and other state and global sectors, Blue Line Futures wants you to be safe! Blue Line Futures will never contact you via a third party application. Blue Line Futures employees use only firm authorized email addresses and phone numbers. If you are contacted by any person and want to confirm identity please reach out to us at [email protected] or call us at 312- 278-0500

Gold Silver Bonds MiddayMarketMinute Nasdaq Oil Sp500

Like this post? Share it below:

Back to Insights