The stock market indices had an interesting and volatile session, but at the end of the day after the FOMC announced they managed to stage a sharp rally.
Dr. Julie Peterson-Manz reviews the Around The Horn stock action for January 26, and presents trade ideas that still have the possibility of triggering for January 27.
The stock market indices had a topsy-turvy session with a very strong morning rally, a double top mid-day and then an equally sharp rollover, especially on S&P 500, as the indices gave back all of their gain and then some, closing negatively on the blue chips, slightly positive on the Nasdaq 100, but generally a very negative way to end the session.
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