Fed cuts rates by 50 basis points! I can't believe this rate cut absolutely insane. There is nothing left for further protection.
The only good is it should help prop up the floor as people have nowhere left to turn other than the market for a return.
Some pretty nasty gyrations in the market. Looks like this is going become the new norm up a thousand points down a thousand points!
I think the all time Highs we just saw a week ago in the market will be the highs for 2020. With being an election year along with the Corona Virus trading range will probably settle between 22-26,000? Just a WAG...
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