SPY PUSH PULL

Bank of Canada only raised 50bps today giving people hope that the fed is easing here, sending the market running. But Meta was strong enough to pull the market down, the feds can’t talk right now but I’m sure they would say we are still aggressive for now. There’s a interesting article out on SeekingAlpha the headline reads “Fed can live with S&P @ 4,500 with stage set for a strong rally” the article claims that inflation is easing and the feds have won “but this also means a 50% rally in equities would still leave stocks -15% on a real basis - in other words S&P 4,500 would still be consistent with the feds goals to tighten financial conditions”. To me that is some crazy talk what do you think have we hit bottom? I’d like to thank Futureofvegas for turning me to the article. The dollar is weakening but a pullback has been expected I don’t think we are out of the woods. Trade your plan tomorrow we have GDP coming out I believe it will be positive volatility will be all over the place so be careful or watch and learn sitting on your hands as they say is a safe move.
As always trade what’s in front of you good luck