Fed Day & Elevated Distribution. What It Means For Stocks
1. Wall Street stocks fell amid Middle East tensions and Trump’s tariff hints. 2. QQQ experienced its seventh distribution day, indicating institutional selling. 3. S&P 500 and Nasdaq are only 2-3% below all-time highs. 4. Federal Reserve meeting tomorrow could influence market sentiment significantly. 5. Market cautious; balance between potential bullish breakout and further selling.