Slow, steady trend of higher lows in the equity indices lately, rate-cut expectations, Harvey Pitts' resignation, and now Republican control of the Congress and the Senate.
OK, let me get this straight, market has been going up - so trend up and trend is our friend, rate-cut - good for the market, Pitt gone - we just hated his looks, Republicans in control- good for business. Buy the market on the opening , a can't miss, Oklahoma guarantee, no way to lose trade, nothing but good news, .......did I miss anything?. Boy I hope Alphie and Tampa see this....we are going to make money today.
correct me if im wrong but wouldnt a rate cut be bad??? (markets already factored in .25) wouldnt that imply that we're in worst shape than we initially thought???