Another 25bp Rate Cut! What's next for the market?
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WolfRun
joined discussion · Sep 19 19:06
Rate Cut in Great September
Historically the month of September has been the worst month of the year for the stock market. The
$S&P 500 Index (.SPX.US)$ has generated an average monthly decline of 1.2% and finished higher only 44.3% of the time dating back to 1928.
However, this September has been great to me so far. We are now at the 3rd week of the September and I only have 3 red days out of the 15 days which is fantastic.
Touch wood that we will continue the momentum and gain to end the month with a big bull. I believe that the year of election is always different and not to discount the fact that the rate cut helps in a big way as well.
Huge gain pre market after the 0.5 bps cut. We should see the
$S&P 500 Index (.SPX.US)$ close around 6000 point by the end of the year.
Pre market gain below. To the moon!
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Ming1314 : how much do you put in to make that kind of profit ?
9333 : help me
Woonsc : One day 20k omg
莫伊卡 Ming1314 : The underlying stock is approximately 0.25 million.
xiaoniumama : woa 1000 shares? (usd200k)
9333 72467081 : how to make this much
Saamil98 Ming1314 : mostly read news and the predictions of the event, but mostly you'll need more money of course
I Am 102927471 :
I Am 102927471 9333 : To make this much you need to risk so much.