USA rate cut will benefit big tech
Today's half point cut will likely benefit the big tech stocks which are hovering at multiple levels.. Some have peaked and some have more room to run like $NVIDIA (NVDA.US)$.. $Intel (INTC.US)$ and my all time favorite bullish friend $Apple (AAPL.US)$.
More cuts to come as the USA economy exhibits more signs of a slowdown.. Possibly leading to a mild recession in 2025.
Watch closely on levels.. Buy on weakness and sell when the tech indicators are bearish.
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