DISQUS

Investor in the Wilderness: Mission Today, Compromise Long-term Down Trend

  • mousejockey · 1 year ago
    I think a Fed statement that they are done cutting will have a positive effect on the market and will be reinforced by either a 25 basis point cut or no cut at all. Last week we saw a shift into financials. A move like this from the Fed will strengthen the dollar and bolster that sector. I am very bullish about this week with V and MA expected to post positive earnings, setting the tone. Tech has been looking good, we just have to not get carried away with it as there will be strong pullbacks. The NAZ has some good momentum and I would like to see breakouts on the Dow and S&P as well.