FOMC meeting is coming this week and 25 bp rate cut is widely expected by the market.  After the CPI and PPI report this week meeting expectations showing inflation is slowing and jobless claim holding, the stock maket started to melt up again.  I would be very cautious here.  The market seems relaxed anticipating the start of the next bull run once Fed starts the rate cut.  However if the economy outlook is strong, would Fed really need to do a “series” of rate cut?
Currentl...

Hi, as we have seen corrections in the mega caps companies in the last week.  I expect we should see some bounces here and there but deeper corrections to continue as money rotation continues in the market.  Remember, nothing goes straight down and nothing goes straight up.  During corrections, buy the dippers will jump in at different stages. These are mostly retail investors.  Once these buy the dipper are exhausted, we will see the bigger crash until the institutions step back ...