Market Deadlocked on December Cuts as SPY Targets $700+

Michael Esther
11-14

Market is split in middle for December rate cut.

πŸ“‰ 51.6% think we drop to 350–375 bps

πŸ“ˆ 48.4% think we stay at 375–400 bps

This is maximum uncertainty and pain right now. But, I still think $SPDR S&P 500 ETF Trust(SPY)$ hits $700+ in Nov.

The pain of holding is the price of freedom. The pain of selling early is the cost of staying stuck.

You MUST focus on holding longer and overcoming the fear of uncertainty and when it comes to taking a loss be confident

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