MarketWatch.com Hopes of end to rate hikes lift stocks
by ShepWave.com
Posted: 1/3/2006 14:46 EST
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NEW YORK (MarketWatch) -- U.S. stocks traded higher Tuesday afternoon after minutes of the Federal Open Market Committee's December meeting on interest rates showed a majority of its members believe the central bank will only need to engineer a few more rate hikes to keep inflation in check. | |||||||
Go to http://www.shepwave.com/ for Objective Techcnical Elliott Wave Theory analysis covering the Major U.S. equity indexes.
Does the possibiility of only a limited number of rate increases worry you? IT could me. Keep in mind that the fed would be saying this if they see some potential weakness in our economy. Feel Free to post your opintion or thoughts in the comment section below.
| Reference: Shepwave.com is a technical analysis site for the Major U.S. stock indexes. We use Elliott Wave theory along with our proprietary indicators to give analysis for the Dow Industrials, Nadaq 100 and S&P 500 indexes. We specialize in trading the QQQ and DIA. |
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