Expecting Fed Rates Hike To End Soon? 🧐
@ZEROHERO:
$Invesco QQQ Trust(QQQ)$ A quick 11.5%profit within an hour from open. The uptrend continues with positive tech earnings report right from the opening. ⚠️ Looking at puts under 319 and calls above 321.2 as price action could be overbought expecting AMZN to perform but the results shown otherwise. Just be cautious and scale down 😉 Taking a breather soon perhaps? Even as slower GDP growth reflected a drag from weak inventory investment, the Federal Reserve still is expected to raise interest rates by another 25 basis points next week. “Generally the economy looks like its decelerating. We think as the Fed continues with maybe one more rate hike next week we’ll start to see some more deceleration. Our ba