The anticipation is for a rate cut with a bullish reaction in trading to bring on the Christmas cheer [Miser]
V-Shaped Market Rebound: Is December Effect Kicking In?
Yesterday, the market opened lower but staged a strong V-shaped rebound.
Although Broadcom fell after earnings, the results beat expectations across the board, easing the AI panic triggered by Oracle.
Now that rate cuts have landed and earnings remain solid, could the Santa Rally begin next week?
Are you bullish on a continued rebound — or still leaning bearish?
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