Yes!
Until it isn’t.
I am watching Goldman Sachs right now. I bolted at $178 per market on the rate cut announcement. The stock now closed a few weeks later above the $178 at $180. It could preannounce and open at $150 tomorrow, but are we not expecting that? Is that not facored in?
I think so and as long as Goldman trades above the $178 I am feeling good from a trading perspective.
Long-term, we are all soil food. This was a big win for the bulls today.
it was evening all afternoon and all hell has broken loose… every time someone on cnbc says anything about september historically being the weakest month, we down a shot of bourbon!
;)