Will The Stock Market Swing As It Adjusts To The Fed Rate Hike?

Published: June 15, 2022, 11:06 p.m.

b'The stock market today closed higher following the Fed\'s 75 basis point rate hike. "I continue to look at the VIX as it\'s near the 30 level. The stock market is likely to swing up and down as it adjusts to the Federal Reserve interest rate hike," says Kevin Green. "The stock market is oversold in the near term. We are seeing lower highs and lower lows from a technical analysis perspective.'