Will the fed lower rates by .25? Will they cut by .50? This online stock trader doesn’t care. I’ll be cash going into the announcement, and evaluate after.
GRMN traded in a tight range today. It’s on my radar for a move to the 20 dma.
Financials are edging up against resistance. I’m using the bullish Proshares ETF UYG to follow the sector. I’m watching that ETF and GS still to see if Goldie can get over 200 and stay there. It seems the Goldman Sachs daily chart is indicating an inverse head and shoulders pattern. A break of that and the trendline could light a fire under the sector.
