Adit on Wall Street

Daily Plan for 2/10/22

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Adit Dayal
Feb 10, 2023
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The market sold off today weighed down by tech and the Fed speakers.

Powell mentioned on Tuesday that the economic data between now and March will determine the stance the Fed will take on future rate hikes and in Biden’s speech he called for an increase on taxes on stock buybacks. Obviously, the market didn’t like this.

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