A big day on the street during Tuesday’s session. Trump notified the world the US and China would meet at the upcoming G20 summit. Volume swelled as stocks rose. It was a great sign to see volume supporting solid price gains. All eyes will be focused on the Fed Wednesday afternoon when their statement is released. Expect the language to be scrutinized and market reaction to be volatile. Fed days typically provide at least a few fireworks and this time should be no different. We will continue to work our process and manage our risk. We aren’t going to get too fancy or cute.
Short and sweet this morning. Our members have been enjoying this market as we have been long this market since January. Individual stocks continue to act strong. This is the type of market we want.
Best of luck to your trading!
