Sectors and stocks to be in …. FED CUTS 50 basis points …
Financials, Mortgage, housing and Retail !!!
Our latest recos: TGIC (+5%), GES (+4%), M (+0.3%) , and LKQX (+12%) all rallying after the news that the FED cuts 50 basis points on both Fed Funds to 4.75% and Discount Rate to 5.25%.
TGIC our reco at : $16.50. It went a bit lower tooo for you to get on the train .
GES reco at : $46.50
M reco at $31 to pay upto $31.50
Macy’s went lower and lower and people even cursed us. It should be the play now tooooooo. Rumours in the market, don’t just go technical, base on the rumors and news and most off all the FED CUT. 😉
LKQX has been rallying since the reco four days back :
Reco at $29
Take profits at key levels.