Replies to post #13582 on Direxion Daily Gold Miners Bull 2X (NUGT)

[doglover1]

I wish the Fed would raise the rate the 25 basis points and be done with it.

When they do, I think we'll see the reverse of the old saying, "Buy on the rumor, sell on the news."

I think up to now it's been selling on the rumor of the hike and we'll see buying once it's finally announced and behind us.

Of course, I could be wrong - I am quite often.

[All Day]

"Bad earnings season" I can think of a few tickers that would disagree.