What Could Powell Be Thinking?
Plus, looking for clue about what's next Plus, looking for clue about what's next InvestorPlace Digest Will the 200-day moving average be a floor or ceiling? … checking in on the yield curve … how high will rates have to go to curb inflation? … what's Powell thinking? Investors have enjoyed a respectable bounce over the last two trading sessions. But whether “respectable” turns into “sustained” isn’t clear. Below, we look at a chart of the S&P 500 with an added overlay called the RSI, or...
