Market Pulse Check

Mondays gains were short lived as we continue to move though times of high volatility, but our gameplan remains the same. Lets begin by taking a look at the heavy-weight division's movement yesterday with the Magnificent 7 (-2.5%) hitting its lowest level since September and has entered bear market territory (-20% form its peak). Alphabet (-2.2%) has agreed to acquire cybersecurity startup Wiz for $32 billion in cash. This move is to enhance Google Cloud's security offerings to compete with Microsoft (-1.3%) and Amazon (-1.5%).

---

On Fed-Watch

The Federal Open Market Committee (FOMC) has begun its two-day meeting, with widespread expectations that interest rates will remain unchanged between 4.25% and 4.5%. Investors are closely monitoring the Fed's statements for indications of future monetary policy, especially in light of recent economic data suggesting a potential slowdown.

---

Top Takeaways

Everlution will remain vigilant as we progress though this weeks fed meeting and continuing trade tensions. During this time, we believe in the portfolio we have constructed. We will remain to add to our current positions where we see fit, taking advantage of what we see as discounted opportunities.

---

---