PCE Saves Market? How to Trade as Sentiment Turns to Extreme Fear?
@Tiger_comments:
Friday's data showed that US PCE and Core PCE figures came in below expectations across the board. PCE briefly halted the accelerating pre-market sell-off trend.Traders are continuing to bet that the Federal Reserve will pause rate cuts in January and are increasingly expecting another rate cut in March, with one more anticipated in October. In other words, the market's expectation of a hawkish rate-cut stance remains unchanged.Market shifts to fear?However, no one can predict whether the market will rise or fall tonight, as we’re facing the largest triple witching event ever.CNN's Fear & Greed Index shows sentiment has reached Extreme FearVIX volatility index has surged 72% this week.Would you buy the dip or go short?If a market plunge occurs, which stock do you think is the best cand