Ed Egilinsky, managing director and head of sales and distribution and alternative with Direxion, joined Cheddar News to discuss how short-term traders are preparing for any forward-looking guidance from the Federal Reserve about any potential rate hikes. Egilinsky also discussed how traders are looking at the overall banking sector for the short-term.
Share:
More In Business
Is This the Worst Formula One Team Name Ever?
We'll give you two hints on the Red Bull junior team's name: 1. It's super corporate. 2. It mentions Red Bull.
Billionaires, Give Your Money Away! (Says the Gates Foundation)
The CEO of the Bill & Melinda Gates Foundation has a message: Hey billionaires, give away more of your money to address inequality and do it soon.
Why It's Important to Turn On Apple's New Stolen Device Protection
Apple has rolled out an update to its operating system this week with a feature called Stolen Device Protection. It makes it a lot harder for phone thieves to access key functions and settings, and users are being urged to turn it on immediately.
The Nasdaq IPO Pulse Index Will Keep You Updated on the IPO Market
Karen Snow, Global Head of Listings at Nasdaq breaks down the new leading indicator for IPO market activity.
The Economy Grew Again — With Recession in the Rearview
The U.S. economy grew at an unexpectedly brisk 3.3% annual pace from October through December as Americans showed a continued willingness to spend freely despite high interest rates and frustrating price levels.
Why Investors Should 'Stay the Course' in Today's Market
Alan Becker, CEO and Investment Adviser Representative at Retirement Solutions Group and RSG Investments, shares his thoughts on the latest GDP data plus why he's not sold cryptocurrency as a long-term asset.
Biden Regulators Propose Ban on Transaction Declined Fees
The Biden administration wants to ban another type of bank “junk fee," targeting fees that are typically charged by banks when a transaction is declined in real time.
What to Expect From Tesla’s Earnings Report
Al Root, senior writer at Barron’s, breaks down everything expected from Tesla’s earnings report, from Elon Musk’s demands from the board to why the market has been looking for affordable EV options.
Netflix Unwraps Biggest Holiday Season Subscriber Growth Ever
Netflix boosted their viewer count by 13 million this quarter — even with higher subscription prices.
