The VIX fear index started to creep up recently and then the Dow Jones Industrial Average (DJI - 26,864.27) explored a 562-point range, eventually closing down down 333.8 point on Wednesday.
Main reason, want to cut interest rate but not aggressive, wait and see attitude.
While the central bank issued a 25-basis-point rate cut and said it will
end quantitative tightening measures two months early, Fed Chair Jerome
Powell noted in a subsequent press conference today's move marked a
"mid-cycle adjustment" -- a comment Wall Street assumed to be hawkish.
CapLand China Tr - Chart wise, bullish mode. She may rise up to test 73
cents
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CapLand China Tr - Chart wise, bullish mode. She may rise up to test 73
cents!
A nice breakout smoothly plus good volume we may see her rising up fur...
57 seconds ago
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