4 days in a row. Now we get the best news possible and it's just hanging on? what the hell?
<Now we get the best news possible and it's just hanging on? what the hell?>It was expected by everyone. Ask yourself this. If you were looking to buy and you knew that the fed was going to cut, would you wait until the minute that he actually cut the rates?Expected moves are always priced in. The only way we were going to move big today is if he surprised us with something unexpected. He did what was expected and the market barely blipped.
and everyone was still buying eventually the FED caught up with the Market. Same scenario different direction. Hold on, relax the buying is coming.
I agree, turn the chart upside down and think about that post..!
OK things are really going green now.I just expected a 75 - 100 point rally on the naz. maybe latter.