Back to 4,000 Thursday – Powell Plays Both Sides

There was something for everyone in yesterday’s Fed Conference – and nothing as well. The Fed’s hawkish stance on 2% Inflation was more than what the bulls had bargained for, resulting in a 2% sell-off that had the S&P 500 testing the 4,000 line once again – wiping out the entire week’s worth of gains. […] Source