I’m looking for pullback buys after the Fed
One that caught my eye is MDLZ. Let’s check out the pattern, squeeze, and trade parameters.
One that caught my eye is MDLZ. Let’s check out the pattern, squeeze, and trade parameters.
For me, I’m not finding the announcement bearish, though I can see why the market reacted with an initial selloff. A rate cut is bullish for the market, and the knee jerk reaction for me, is an opportunity to buy. Let’s look at key opportunity spots in MSFT, ADBE, WMT, MDLZ, MCD and more.
Don’t forget to keep an eye on Europe as well as these 4 stocks…
And guess who is nearly a trillion-dollar company again…
25 basis point cut. That’s the expectation. I continue to play the long bond/long equities combo. I also discuss XLV and PFE in this video as well as where I will buy dips in the YM, ES, and NQ.
The market is waiting on the 0.25% cut from the FOMC (forget the 0.50% nonsense) and a statement that rolls out the red carpet for another 0.25% cut in September. Long bonds, long equities, and even long dollar can work… here’s what is on my radar.