FOMC Summary | QQQ & SPY Analysis | KRE & PACW Bust | QCOM ER

- FOMC Summary: 0.25bps hike today, Powell saying no cuts this year may made the market a bit red but he said that last time too. I personally think it was because market participants this time wanting to hear a pause due to it being so price in but he didnt say any of that so market went down.

- QQQ bounce off of Key support yesterday but broke below today

- QQQ and SPY both below 12 EMA

- NASDAQ:PACW NEWS wanting to sell its entire bank AH, causing market to drop

- QCOM ER saying lower demand on phones made AAPL drop