This Steak Chain is on my Watchlist

On TBUZ TV Today: 4500 Pivot. 4525 Resistance 4475 Support Opens: 2023 3895.00; 3rd Quarter 4485.50; Month 4516.25 Recording from Sunday: https://vimeo.com/865401016/5dfdcc862b Connect the Dots at 10:45am ET. FOMC Meeting begins today.

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Market Review:

Prior to the FOMC The market is still waiting for the FOMC meeting on Wednesday. This market is stuck between the open of the quarter 4485.50 and the open of the month at 4516.75. It is pivoting around 4500.00. Now we all expect the FOMC will make no changes to interest rates tomorrow. What we are all waiting for is the updated projection materials. They will be released at the time of the FOMC announcement. We are also waiting for the Chair Press conference. Will the market wait for the FOMC? That is the big question before us at this moment. Will the FOMC provide any real guidance? That question we do not get an answer to until maybe after the Press Conference. After the FOMC is done, our next major event is the end of the month and quarter. In which case, the numbers 4485.50 and 4516.75 will be important!

Over 70% of stocks track with the S&P 500 Futures

Current version of RoadMap 8-14-2023

Major Events: Sep 20 FOMC Announcement Sep 20 Press Conference Sep 22 FLASH Manufacturing PMI Sep 22 FLASH Services PMI Sep 26 Consumer Confidence Key Numbers Opens: Above or Below 4516.75 is the open of the Month 4503.25 is the open 4499.50 is the open of the Week 4485.50 is the open of the Quarter 3895.00 is the open of 2023

What's Hot and Not! General Mills, Inc. (GIS) GIS opened the year at 83.56. They opened the 3rd quarter at 76.30, and they opened the month at 67.87. In September GIS has a high of 67.99 and a low of 64.70. That 64.70 low is also the low of the year.

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