Coach Mark here.

My brother and Matt were talking last night after the Fed meeting and big day on the economic front. This is a typical occurrence as we talk through the data, theorize on different matters, and discuss what it all means in the bigger picture. We had a funny exchange at one point I thought I would share.

We were talking that it is setting up to be a trader’s market and joked “Yup, it is a trader’s market. So, who do you have, Apple or Nvidia.” For those who are not trading nerds out there, a trader’s market usually has a lot more to select from than two stocks!!!

Yes, we have more than two stocks rallying but the overall participation lately has been abysmal. The heat maps on Monday and Tuesday reinforced the joke. Today’s is not much better. My brother on the Trading Justice podcast last week said until Fed monetary policy becomes clear, the market will remain confused. We will discuss it on the Halftime Report today but not a lot of clarity came out of yesterday.

Be sure to listen to the podcast this weekend and we are just a little more than a day away from the world-class newsletter release so be sure to keep an eye out for that. Have a fantastic Thursday!

Chart of the Day: S&P 500 Heat Map

So, who do you got?  

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