How much upside? I vote 5%
I didn't include the possibility of a selloff because that won't happen.
I didn't include the possibility of a selloff because that won't happen.
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How much upside after Ben cuts?
- Thread starter stock_trad3r
- Start date
Quote from IShopAtPublix:
So you have never seen a sell-off following a rate cut? The commentators always explain it like this:"the fed cut it by 0.25 but the market expected a 0.75 cut..."
That was many years ago when the market was much higher. For the past six or so fed meetings the fed as always cut as much as anticipated, and the market has always rallied, especially in the final 45 minutes.
Even if the rate cut is expected rate cuts ARE good news and a 50 basis point cut is a pretty substancial one.
Quote from stock_trad3r:
That was many years ago when the market was much higher. For the past six or so fed meetings the fed as always cut as much as anticipated, and the market has always rallied, especially in the final 45 minutes.
Look at the post immediately above you. EVERYONE expects a rate cut it is inevitable and the worst kept secret. Don't you think people buying yesterday thought about the impending rate cut before buying?
Up we go..ohh yeaaaaa