Wall Street came back from the long weekend in a decent mood, at least in the early going, with stocks pushing slightly higher despite plenty of uncertainty still hanging in the air.
After Monday’s break for Presidents Day, investors are trying to figure out what’s next, especially when it comes to interest rates and Donald Trump’s latest policy moves.
Over the weekend, Fed officials made it clear they’re in no rush to cut rates. Inflation is still a concern, and they seem pretty set on keeping things tight for now.
That puts all eyes on Wednesday’s latest FOMC minutes dump. Traders will be digging through every word to see if there are any hints of a shift in the committee’s thinking.
Meanwhile, the ongoing U.S.-Russia talks over Ukraine are adding another layer of drama. Trump’s team met with Putin’s representatives in Saudi Arabia on Monday, and while details are scarce, the market is watching closely.
Over in Europe, stocks are sitting near record highs, with traders betting on more defense spending.
A Stock to Watch: META Platforms (META)
META Platforms (META) is a stock to keep on your watchlist this week, as it historically tends to be bullish in the middle of February.
This seasonal trend makes it a potentially good opportunity — there are no guarantees in trading, of course. But seasonality is a major part of my trading strategy for a reason!
Buying META on Feb. 18 and holding for 25 days has delivered an average return of 3.9% over the past several years. As I said, past performance isn’t a guarantee, but it’s definitely worth considering as we move into March.
If you want to learn more about how I trade seasonality, check this out.
It’s another week where news headlines are calling the shots. And there will be plenty of them to come…
Stay tuned!
Graham Lindman
Graham Lindman Trading
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*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
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