Splunk (SPLK) is due to report its latest quarterly numbers after the close of trading Wednesday. We reviewed the charts of SPLK on March 12 and wrote that "There has been some slowing in the decline of the price of SPLK but overall the charts of SPLK look bearish. Continue to avoid the long side."
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What's going on inside the head of the Fed Chair or anyone sitting on the committee (FOMC) as they roll into Wednesday afternoon's block party?
Stay patient, and we will see how things develop when the news hits this afternoon.
Growth and speculative names were hit but big caps held up relatively well. Now everyone's waiting on Wednesday's meeting.
Some are saying that this is the most important Fed meeting in ages.