US100 still very bullish, time to buy the dip
After Fridays bear market, US100 is set for another bull run.
Fridays little retracement was mostly led by NVDA loosing ground.
But at the moment, theres no reason for stocks to continue its bearish movement.
FED signals interest cuts are near
FED officials signal, that they may cut intrest rates soon. This is additional buying power to stocks.
Why?
If theres less interest rates, big players can not make risk free money with intrest. They need to invest again in risky assets like stocks.
Fridays little retracement was mostly led by NVDA loosing ground.
But at the moment, theres no reason for stocks to continue its bearish movement.
FED signals interest cuts are near
FED officials signal, that they may cut intrest rates soon. This is additional buying power to stocks.
Why?
If theres less interest rates, big players can not make risk free money with intrest. They need to invest again in risky assets like stocks.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.