September Has Been Tough, But 2019 Was Different. Will 2024 Repeat the Pattern? 🤔 September has historically been a tough month for the stock market, with tech stocks often taking a hit. ETFs like $QQQ, which track major tech companies, frequently see declines during this time. But there’s more to the story… Amid the usual September gloom, 2019 stood out as a major exception. Thanks to the Federal Reserve’s aggressive rate cuts, $QQQ posted solid gains that month. It was a rare bright spot in a month that typically sees losses. But does this mean we should count on September being favorable? The Fed’s rate cuts in 2019 lowered borrowing costs and pushed tech valuations higher. Investors flocked to tech stocks, and $QQQ benefited from this surge of optimism. However, here’s the catch: this
If the trend continues,$Palantir Technologies Inc.(PLTR)$ could see a 20.60% increase by 11/28/2024, reaching $37.47 from its current price of $31.07. 📈 Are you on board? Check out https://oqliv.news/api/predict_stock?ticker=pltr to keep track of $PLTR estimates or find more profitable stocks. #PLTR #Investing #StockMarket