There will definitely be at least one “election season” rate cut before November…Biden needs it and Powell is a stooge that will play ball for the team…Remember last year when so called experts said that the feds would cut the rates up to 7 times this year and yet here we are with 0 cuts. The data does not support a rate cut.
That's been my strategy too. Just buy about 5 shares everytime it touches $20. I got 15 as my load the boat price.It’s a frustrating stock to own because too many retail investors…Crush earnings 5th time in a row and plunge because one whale sells and all the weak hands follow…
They should make the S&P the numbers are there but we still waiting…
I’m buying the dip if it hits $20
I highly doubt this will happen as the feds cant make any changes 6 months within an election, let alone 6 weeks when the 9/18 FOMC meeting is. The only way they will cut is if they can convince the country that the US economy is falling off a cliff. But hey who knows!There will definitely be at least one “election season” rate cut before November…Biden needs it and Powell is a stooge that will play ball for the team…
Don’t see it happening. People have been calling cuts for a while But he’s still not doing it. Powell is sold on higher for longer especially with inflation still bad. the only way we get a cut is if the economy implodes.There will definitely be at least one “election season” rate cut before November…Biden needs it and Powell is a stooge that will play ball for the team…
Just going to remain patient and hope in 5-7 years I am sitting nicely
O yeah!ALCC looks interesting if it can close above 15.50