Trade Findings and Adjustments 09-19-24
Keve Bybee – keve@hurleyinvestments.com
What’s going on in our market?
- FOMC rate decision came in with a .50 bp rate cut!
- Another 50bp cut on the horizon before end of year
- Market is responding positively as you would imagine
- Especially tech
Trades?
- MU still looks like the best opportunity for a bullish trade in a bullish market
- Other tech’s look nice but haven’t sold off as much as MU and not as much upside
- GOOGL might be the other best option as it can get up to 190 previous high.
