It is widely anticipated that on Wednesday the Fed will be announcing a rate cut for the first time since March 2020. A 25 basis point cut would suggest that the economy is overall doing well. But a 50 basis point cut would suggest that the Fed is not sure how good the economy really is.
Stocks did make a new, all-time high on Tuesday. Many are expecting a bullish breakout and continuation. However, there are certain things that I see developing on the weekly and yearly cycles suggest otherwise — which I discussed in the Weekend Report.
This week I am offering a special 6 week trial subscription for $15. Your 6 week trial subscription you will give you full access to the premium site which includes:
1) The Weekend Report, which is posted usually Saturday mornings. It discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles – Which includes the Likesmoney Cycle Tracker.
2) The Mid-Week Update. Posted on Wednesday's is a review of the daily charts for the above mentioned asset classes.
3) The Weekend Updates take a look of the daily & weekly charts of BTC, DAX, Copper, NATGAS & XLE.
4) Weekly Update of the Bullish Percentile Bingo
5) Frequent updates of my proprietary Buy/Sell Indicators for GDX & FAS & FBTC.
The goal of the Weekend Report is to develop a dynamic framework of expectations using cycle analysis. Click here for the trial subscription.
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