Indices outlook: Fewer stocks doing the heavy lifting

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 20, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    A strong decline in the number of stocks pushing indices to new highs, observes Ken Odeluga, Market Analyst, for City Index, as he joins today’s Tip TV Finance Show to discuss Fed rates, and the outlook for Nasdaq 100. Same drum beat from the Fed Odeluga maintains the view that the FOMC minutes saw the Fed utter the same thing as before. While the outlook for rates isn’t unchanged, the rise in EUR post the minutes release, hints at a dovish Fed. The indices have recovered and the market is now

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