Fed cut rates by 50bps. Higher than expected. Why is are stocks down?

Trading FOMC increasingly seems to me like a bad idea. Anyone ever actually made money trading FOMC day?

Higher than expected rate cuts should make stocks go up.. right?

I think I’m done trying to trade macro news. Technical analysis & charts it is. Markets response to news is incredibly unpredictable, technical analysis is frowned upon but has proven a lot more reliable in my experience

Would love to know thoughts