Some quick thoughts about the current rate cut expectations and what I expect for the market reaction to Powell's speech. I think for the most part it should be avoided until things are more clear, but once we finally get the first cut I think the market will begin to pick the real direction we're going to see for the next 3-6 months.
I think it'll be a sell the news event, but maybe it'll be like June and we'll just melt up for weeks. Remember it starts after open on Friday and we also have some jobs and PMI data in the morning tomorrow.
I think it'll be a sell the news event, but maybe it'll be like June and we'll just melt up for weeks. Remember it starts after open on Friday and we also have some jobs and PMI data in the morning tomorrow.
You reap what you sow.
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Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
VIP Lifetime Access Program:
ko-fi.com/c/0cb5bf9514
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
You reap what you sow.
VIP Lifetime Access Program:
ko-fi.com/c/0cb5bf9514
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
VIP Lifetime Access Program:
ko-fi.com/c/0cb5bf9514
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.