VRA Midday Stock Market Commentary - July 27, 2022
2 years ago
104
Here’s today's VRA VidCast:
- Did Team Biden leak the Fed info? Fed rate hike/presser beginning at 2PM EST.
- .75% hike with a hint of dovishness.
- Q2 earnings are beating estimates. Even the losers are moving higher.
- NO recession on tomorrow’s GDP report.
- $280 billion semi/tech bill is "America First" policy (with pork). Bullish!
- Be greedy when others are fearful. And fund managers are “really” fearful. Midterm rally, keying off of Semis.
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