$SPDR S&P 500 ETF (SPY.US)$I would say in the rate increase for this go around would have a positive impact to the stock market. This increase has already been baked in and investors have been expecting for over a year (sleep joe). in addition, the market has retreated over 10% already but many stocks had over 60% corrects (etc cathie wood stocks). so I would say the market will be a postive feedback with the rate increase.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
SpyderCall
Violets
:
its hard for me to think that we can go below the previous lows around 410 on $SPDR S&P 500 ETF (SPY.US)$. Although we are in a strong downtrend the big time money managers can only sell so much before they start buying the hell out of everything
Violets : it's up because of the spending bill
SpyderCall Violets : its hard for me to think that we can go below the previous lows around 410 on $SPDR S&P 500 ETF (SPY.US)$. Although we are in a strong downtrend the big time money managers can only sell so much before they start buying the hell out of everything