FighterFan

US100 still very bullish, time to buy the dip

Panjang
CAPITALCOM:US100   US 100
After Fridays bear market, US100 is set for another bull run.
Fridays little retracement was mostly led by NVDA loosing ground.
But at the moment, theres no reason for stocks to continue its bearish movement.

FED signals interest cuts are near
FED officials signal, that they may cut intrest rates soon. This is additional buying power to stocks.
Why?
If theres less interest rates, big players can not make risk free money with intrest. They need to invest again in risky assets like stocks.
Penafian

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