DATA OF THE MARKET - LIGHT DUMP
How are you guys?
The capital market is hesitant again
Just yesterday, it was fomoing between cutting 25 points or 50 points
Then after the PPI statistics went against the CPI, the plan has changed significantly.
The current plan is to cut 25 points or not cut at all.
Expecting a decrease, so MM conveniently takes profits, clearing out all the fomo leverage guys 😂
Taking profits right at ATH, what could be better, the liquidity is great.
The market will have a week to build hope before the FED gives guidance next week.
What if Powell hawkishly says he doesn't want to cut rates then ......🆒
Sell everything all in, catch the falling knife