In this week’s edition of Moxie Indicator Minutes, TG dives into the charts after the Fed raised rates by more than 50 bps to 75 bps. While this means the Fed is being more aggressive about inflation, it also means they are playing catch up. The VIX and UVXY really look like they are setting up for some sort of big move, but we aren’t sure when that is. Other sectors are looking weak, such as energy, and that could be the last card holding the market up.
This video was originally broadcast on June 17, 2022. Click this link to watch on YouTube. You can also view new episodes – and be notified as soon as they’re published – using the StockCharts on demand website, StockChartsTV.com, or its corresponding apps on Roku, Fire TV, Chromecast, iOS, Android and more!
New episodes of Moxie Indicator Minutes air on Fridays at 12pm ET on StockCharts TV. Archived episodes of the show are available at this link.