SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Sharck Soup
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sharck who started this subject5/11/2001 1:20:42 PM
From: besttrader  Read Replies (1) of 37746
 
13:00 ET Dow -92, Nasdaq -17, S&P -8.38: [BRIEFING.COM] The great debate has been sparked over whether we'll see a 25 or 50 basis point rate cut on Tuesday. For our part, Briefing.com is sticking with its 50 basis point forecast though we acknowledge the probability of a 50 basis point move has indeed fallen. In a very real sense, the Fed faces a circular issue with regard to its approach on monetary policy. Prior rate cuts have lifted the equity markets which has helped to maintain a certain level of consumer spending. It's difficult to counter market expectations without reversing that cycle. Total volume traded is ridiculously light with the Nasdaq well under 1 billion shares with only three hours remaining to trade. DJTA -0.6%... DJUA +0.5%... SOX -0.4%... XOI +0.7%... BTK -0.4%... Nasdaq 100 -0.6%... S&P Midcap 400 -0.6%... Russell 2000 -0.6%... NYSE Adv/Dec 1207/1658... Nasdaq Adv/Dec 1446/2062.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News