US stocks are rebounding

The major US stock indices are moving back to the upside with the NASDAQ index back near up 2.0%. The Dow and S&P are also well off session lows.

Are markets applauding the more hawkish of Fed?

The reactions are just that reactions. There is a full story ahead which also includes Russia/Ukraine and its impact on economic growth/employment/consumer confidence/inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term. However, seven hikes in $2022 put the Fed and many "market analysts" on par with each other. The Fed will also look to shrink the balance sheet and all of which can impact sentiment and expectations.

A snapshot of the market currently shows:

• Dow industrial average up 97 points or 0.29% at 33641
• S&P up 32.6 points or 0.77% at 4294
• NASDAQ NASDAQ The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass Read this Term index up 231 points or 1.79% at 13182
• Russell 2000 up 32.31 points or 1.64% at 2001.28

Looking at the NASDAQ index, the price move back below its 100 hour moving average at 13244.00. A move back above that level would be more positive technically. Stay below is more bearish.