Stocks Didn't Really Rally Because Of The Rate Hike; SMH And Robinhood Markets Are Ready To Run

The FOMC rate hike was viewed as bullish primarily because it provided investors with greater policy clarity. Crude oil remains the key driver of near-term market volatility, but the article suggests oil may be nearing a peak and flags a technical inflection point that could precede a correction. The outlook is cautiously constructive for equities, conditional on energy prices easing rather than extending higher.