PVG Market In A Minute - January 31, 2023
January 31, 2023
This week is critical, as the market is at very important technical levels. Earnings last week were not good, better than feared for some and horrific for others. There will be a flood of earnings this week with AAPL, GOOG, and AMZN on Thursday, this is a significant percentage of the market. On Wednesday, the Fed will announce a .25% increase in interest rates, they will likely signal another .50% increase and to maintain that rate level of interest rates for an extended period...likely resulting in a recession.