Check in with the Fed. Watch now.

Did you miss the Strategic Trader webinar last night?

Jul 30, 2020 Dear Savio, Did you miss the Strategic Trader webinar last night? If so, be sure to check out the recording to hear our market overview and a brief discussion of yesterday's Federal Open Market Committee (FOMC) policy announcement. The S&P 500 has nearly recovered all its losses since the beginning of the pandemic and the subsequent panic selling. Despite the index's rocky performance today, it is still hovering around resistance in the 3,250-3,300 range, which is close to the bottom of the gap formed when the selling started in late February. Questions? You don't have to wait until next week's webinar to ask them. We'd love to hear from you, so feel free to send us an email at feedback@investorplace.com. Just under 200 of the 500 companies in the S&P 500 are reporting earnings this week, and with some strong announcements, the index could move above that resistance level and start filling that February gap. If you want to see our discussion of the performance of the other major indexes, including the Russell 2000 small-cap index, be sure to watch the full recording. Though the market's recovery to this point has been impressive, there are a lot of questions about the future. The Federal Reserve's future actions aren't in question though, and we went over yesterday's monetary policy release. We recommend reading it in full. The Fed raised the question of more stimulus from Congress for the economy, which we also covered in the Weekly Update. We went over the short-term possibilities last night. We concluded by reviewing our current trades and answering some great subscriber questions, including one about how other investors are protecting their portfolios. If you couldn't join us live, be sure to check out the recording. To see the control panel (pause, rewind, etc.), hover your mouse over the video screen. Click here now to register for our next live Strategic Trader webinar Even if you can't attend the live webinar, we'd love to see your questions or comments. Please send us an email at feedback@investorplace.com.  Sincerely, John Jagerson and Wade Hansen Editors, Strategic Trader   This message was sent to the following e-mail account: ootlesoliginya.blogpost@blogger.com at Jul 30, 2020 17:06:08.074 Executive Editors: John Jagerson and S. Wade Hansen Editor-in-Chief: Luis Hernandez Marketing Director: Mary Southard Senior Managing Editor: David Tony Managing Editor: David Bowman Customer Service You can reach us at Feedback@InvestorPlace.com or by calling us at 800-219-8592. If your email address has changed please email us at Feedback@InvestorPlace.com Member Website: http://strategic-trader.investorplace.com/ Copyright © 2020 InvestorPlace Media, LLC 1125 N. Charles St. Baltimore, MD 21201 All rights reserved. No portion of the above message may be republished, retransmitted or forwarded without express written consent from InvestorPlace Media. Violation of this copyright may result in service cancellation and/or collection of full or partial subscription charges from unauthorized users. Use and/or reliance on this service is strictly at the subscriber's own risk. InvestorPlace will not be liable for the acts or omissions of any third party with regards to delay or non-delivery of Strategic Trader. InvestorPlace shall not be liable for incidental, indirect, special or consequential damages or for lost profits, savings or revenues of any kind.