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- 1 Hour Before Rate Cuts?
Afternoon gang
We are just 1 hour before the Fed will potentially cut rates and all eyes are watching the markets.
Before I get into where I think we will go after the rate cut news, let me tell you how my morning has gone so far.
Currently I positioned myself into a SPY options trade for my Market Navigator service, matter of fact I am in TWO trades right now on SPY.
For my Mission 2 Million service which focuses on large and small cap swing trades, I sold out of my last portion of PLTR calls on a big morning spike and I also sold my overnight swing on LUNR calls for about 34%.
34% is exactly what I love to take on the winning trades for Mission 2 Million. If I can get that level within 1-3 days I usually take it with no questions asked. I bought LUNR calls by the way based on recent rumors of mergers and plus it had a great "Ascending Triangle” chart pattern with possible range to $12.50 area.
Did you know Market Navigator AND Mission 2 Million are all a part of my “Titanium” premium service which right now is selling for just $399 dollars where most of my service retail at $1,297 per year. That’s a very nice price point if you ask me. Take a look here or click on the button below for more details.
Here is my LUNR chart showing you the move today, pretty awesome right!?
(*Note: Trading is hard and takes skill to do well. These results demonstrate Jeff's expert-level execution and market knowledge. They should not be expected to be replicated typically—but they show exactly why you should learn from this trader to improve your ability to execute.)
So, where do I see markets going from here into the 2pm hour? Well, I think we get a rate cut at 2pm with a bump UP in markets. Then I think we simmer down and prepare for the even more important 2:30pm press conference which I’ll be LIVE streaming in the Market Navigator chat room.
If the Fed dangles a carrot for us and suggests more rate cuts coming, then I think SPY could test $690 area but if he’s bearish then I think $672 is coming.
I know it’s a WIDE range but that’s what I think we will see before 4pm. I am positioned already for what I think will happen.
If you want ALL my real money, real time live trade alerts then click here to check me out. I think you’ll love the options available to you!
DON’T WAIT! These deals will expire soon and the savings could disappear. Don’t let that happen to you.
See you on the inside!
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