FED to the rescue
So we got the 50bp rate cut everyone was hoping for from the FED on September 18th. AAPL sat pretty still along with the rest of the market waiting for the announcement from the FED. As soon as the cut was announced, the market rallied hard and AAPL took a +2 point jump into the low 140’s. Im curious as to how the market will react over the next few weeks as the hype dies down. Today AAPL is up slightly, hovering around 140 /share. AAPL to the moon.