ytsb
10-27 21:10
gold price down, good time to buy?
Fed Decides Early Thursday: Can the Tech Rally Hold?
QQQ gained 1.27% and SPY 0.56% Tuesday ahead of the Fed decision, with rates expected to hold at 3.75%–4.00%. Gains favored high-beta chips and custom compute: AMD jumped 5.45%, Broadcom 4.00%, while Nvidia rose 0.90%. Bulls cite strong earnings and AI orders; bears warn a hawkish December signal could lift yields and pressure rich valuations. After the decision, which offers both earnings and rate support: QQQ, SPY, or chip leaders?
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