Don’t Fight the Fed

Typically after the first rate cut the market tends to move higher.

PRE-OPEN MARKET COMMENTS TUESDAY - Last week the Fed cut interest rates by 25 basis points and that was largely expected. Their dovish rhetoric eased worries that they might have waited too long and there could be one or two more rate cuts this year. The market is addicted to easy money and this was music to its ears.

Daily Bulletin Continues...