Got a feeling a bounce up imminent, all signs were there in my milkshake maker. (Don't know by how much)
didn't get to 3105 yesterday but we got the move started then. Yep ---- drop was certainly over. Staying long.
I don't think the full speed higher will occur for quite a while. https://www.bloomberg.com/news/arti...ns-to-markets-if-dec-15-china-tariffs-kick-in
Don't forget to celebrate the full speed ahead prediction (when it happens), in the meantime, you can celebrate today: 5 December is World Soil Day. Dec is also 'eat a red apple month'. Happy celebrations... particularly if it is your birthday, you are sharing this auspicious Sagittarius zodiac day with Walt Disney, Little Richard, Frankie Muniz. So now you got all the important stuff you need to know to trade successfully.
That is a darned hardy question right there. My instinct says no cut, they will hold. I think this based on Powell's testimony and the general consensus of the Fed since the last Powell pow wow. Hold rates steady where they are. I feel the market has this priced in. But that trade war thingy is always tingling the uvula of investors. Drop this trade war shit, and the markets will soar.
Won't happen....Trump's legacy is actually coming down to this issue. He can't back down now....he would look so stupid. Best you can hope for is a democratic victory next year.
If I had to guess... I'd say his legacy will all come down to what happens with N. Korea and Kim. Jmho though.