IS THE WORST OVER? | MORE FED PROBLEMS

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Investors come off a strong week looking for more gains now that they have some clarity from the Fed
With the Federal Reserve’s first rate hike out of the way, market pros are now debating whether the market can continue the upswing it started in the past week.

A powerful rally in technology and growth stocks helped drive the stock market higher in its best week of the year. The S&P 500 was up about 6.2% for the week, ending at 4,463. The Nasdaq was up 8.2%, and the Dow gained 5.5%.

Consumer discretionary stocks gained more than 9% as the top performing sector, followed by technology, up about 7.8%. Energy was the only major sector to decline, falling 3.6%.

Some of the names that had been most punished like airlines, were among the biggest winners on the week. Airlines were up about 14.7% for the week. High growth names also bounced, with the ARK Innovation Fund, a poster child for growth, jumping about 17.4%. The fund is still down more than 46% over the last six months.

This video was created to help people learn more about trading stocks and or Investing in the stock market.
I suggest stocks weekly to day traders and investors to consider.

DISCLAIMER: I am not a financial advisor. These videos are for educational purposes only. Investing of any kind involves risk. Your investments are solely your responsibility and we do not provide personalized investment advice. It is crucial that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. Please consult your financial or tax professional prior to making an investment.

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