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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Archie Meeties who wrote (97689)4/24/2001 6:30:22 PM
From: NOW  Read Replies (1) of 436258
 
Comparing the Fed surprise rate cuts

Posted By: Baja Fish Taco
Date: Tuesday, 24 April 2001, at 4:45 p.m.

October 15, 1998
25 basis points
Cut came late in the day. Nasdaq closed at its high at 1611. The next day, the Nasdaq gapped up, and 1611 has NOT been seen since that day. At its all-time high of 5133, the Nasdaq gained 219% after that rate cut.

January 3, 2001
50 basis points
Cut came at 2292 on the Nasdaq. Rallied 15.4% before pulling back to 2300 (but that didn't go below the 2292 level). Rallied 26.18% (to 2892) before the Nasdaq fell below 2292.

April 18, 2001
50 basis points
Cut came at 2025 on the Nasdaq. Rallied 8.79% (to 2203) before the Nasdaq fell below 2025 today.
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