Stock Market Today: Investors Ready for Federal Reserve Statement

The major US stock market indices are trading new multi month highs (or all-time highs) as investors prepare for the Federal Reserve statement on interest rates Wednesday.

Trading volume and volatility should be relatively quiet today before picking up tomorrow.

In today’s video we take a closer look at the core S&P sectors and with Sector ETFs are out-performing. We also take a look ahead at the Federal Reserve’s interest rate decision. Here are the highlights:

Monday put in another closing high for the S&P 500 ahead of the Fed tomorrow.

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The Financials sector is showing improving relative strength.

Monday saw a fresh relative breakdown for the Energy sector.

Stock Market Today Video – April 30, 2019

Twitter:  @DanRusso_CMT

Author may have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.