| | | | Fed fires the first shot in rate-cut cycle The third week of September started calm, but the spotlight was always on Wednesday’s Fed interest rate decision.
When Powell delivered the (mostly expected) quarter-point cut, stocks whipped, bonds rallied, and gold spiked back above $3,700.
Quadruple witching on Friday only added fuel — historically a weak day, but this time metals stole the show, with silver clearing $43 and gold pressing higher.
By the close, all three majors indexes were green for the week: QQQ notched fresh all-time highs above 600, SPY pushed near its own records, and even the Dow edged higher.
Powell suggested markets could see two more rate cuts this year, but traders are still debating whether to believe it or not. Still, one thing’s clear: the melt-up narrative isn’t going away quietly.
Our team stayed focused on process, not noise: fading index spikes for defined-risk wins, selling premium into fat volatility, and zeroing in on where insiders, institutions, and power-grid bottlenecks are moving the next big story.
Here’s everything you may have missed this week — and what our pros are tracking into October’s earnings season.
To your prosperity, — The ProsperityPub Team | | | | |
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