People are too optimistic. Actually, I think it's difficult to break through historical highs without a rate cut.
I don't know how others determine it, but in my opinion, the US stock market is about to experience a big correction, with an overall decline of over 15%. Of course, this is not a bad thing, it is just preparing for a huge bull market after the rate cut.
The reason is simple. Currently, the US stock market is once again approaching historical highs. Let's assume that the US stock market easily reaches new highs. Then, when the actual rate cut arrives, will there be another huge momentum to reach an even higher peak? Subsequently, with continuous rate cuts, will the stock price continue to rise?
I think that is fundamentally impossible. The US stock market is not a perpetual motion machine, so a correction is the inevitable result. So if you think about it, is there a higher probability of a post-rate-cut correction, or is there a higher probability of a correction now?
So everyone should calm down a bit and reduce your positions in the next 2 months, only then will you have more room to maneuver after the rate cut.
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All in everyday : Bears don't die, bulls don't stop
小目标一年一倍 : You don't have the right way of thinking. Trading stocks is speculating on expectations. What is speculating now is the expectation of interest rate cuts. If interest rates are cut soon or interest rate cuts are determined, the market will speculate on expectations of a recession, otherwise why cut interest rates? Moreover, buying is divided and selling is consistent. The more people think they want a pullback, the more US stocks will continue to pull back. A pullback will only begin until everyone feels that they are stock goers and no one says there will be a pullback. This is the market
Huat2u : I disagree, market hasn't even start to price in yet. Each time rate cuts, market will rally