Siegel and the others on CNBC screaming for emergency rate cuts yesterday look like idiots now.
If the Fed does that, then get ready for another selloff.Ag CPA said:
Siegel and the others on CNBC screaming for emergency rate cuts yesterday look like idiots now.
The supposedly historic amount of money on the sidelines and in money market funds would start rotating elsewhere, much of it into stocks.ProgN said:If the Fed does that, then get ready for another selloff.Ag CPA said:
Siegel and the others on CNBC screaming for emergency rate cuts yesterday look like idiots now.
An emergency rate cut would trigger algos to dump equities because the Fed would appear to being incompetent and trying to stave off a severe recession. The market hates uncertainty and equities would be crushed. Even worse is that it would make the Fed appear political and be criticized by half the country and have zero credibility.Brian Earl Spilner said:The supposedly historic amount of money on the sidelines and in money market funds would start rotating elsewhere, much of it into stocks.ProgN said:If the Fed does that, then get ready for another selloff.Ag CPA said:
Siegel and the others on CNBC screaming for emergency rate cuts yesterday look like idiots now.
In the short term, I would think the opposite would happen.
And then get trapped as liquidity for sellers.Brian Earl Spilner said:The supposedly historic amount of money on the sidelines and in money market funds would start rotating elsewhere, much of it into stocks.ProgN said:If the Fed does that, then get ready for another selloff.Ag CPA said:
Siegel and the others on CNBC screaming for emergency rate cuts yesterday look like idiots now.
In the short term, I would think the opposite would happen.
Bulls had lunchhedge said:
What caused the mid day drop
gougler08 said:Bulls had lunchhedge said:
What caused the mid day drop
first move may be the fake out, LFG!Heineken-Ashi said:
Still haven't decided if Im buying SMCI. Couple mins. Gut says up. Heart says be careful.
I'm a spectator. Rooting for everyone here in on it.Brewmaster said:first move may be the fake out, LFG!Heineken-Ashi said:
Still haven't decided if Im buying SMCI. Couple mins. Gut says up. Heart says be careful.
always stick with your gutHeineken-Ashi said:
Still haven't decided if Im buying SMCI. Couple mins. Gut says up. Heart says be careful.
Not over yet. $725 area acting as resistance as expected. Need it to blow through that.Brewmaster said:
Boom! take that shorts!
I couldn't do pull the trigger. Made a profit with SMCI in July but it scares me. My 2:59 PM decisions are rarely my best.EnronAg said:always stick with your gutHeineken-Ashi said:
Still haven't decided if Im buying SMCI. Couple mins. Gut says up. Heart says be careful.
My range was $1.50 - $7.50 for earnings. Too wide to play. But looks like its going to get the upper.EliteZags said:
LUMN mooning
El Chupacabra said:
Anyone adding ALB?
The name of the Company is Lumen Technologies, a cutting edge Tech and AI firm out of the Midwest. pic.twitter.com/S1ZsGn0Ca0
— High Yield Harry (@HighyieldHarry) August 6, 2024