Intrinsic Value System

Intrinsic Value System

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Intrinsic Value System
Intrinsic Value System
9/16 Daily Plan: What would Jumbo Rate Cuts Mean?

9/16 Daily Plan: What would Jumbo Rate Cuts Mean?

Larry Cheung, CFA
Sep 16, 2024
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Intrinsic Value System
Intrinsic Value System
9/16 Daily Plan: What would Jumbo Rate Cuts Mean?
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Hey Folks,

On the back of CPI coming in-line and the Harris/Trump Debate not producing any large shockers last week, BOTH the S&P 500 and Nasdaq-100 completed the recovery sequence (ES 5650/NQ 19600) I was looking for at month-end.

The difference though is that the recovery sequence happened in one week, all before FOMC. Tricky.

This week won’t be as stra…

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