Fresh news and strategies for traders. SPY Trader episode #1365.
This episode prepares investors for the Federal Reserve's FOMC meeting, where a 25basispoint interest rate cut is widely expected amidst mixed economic data—softening labor markets but persistent inflation. Midas Mike offers insights into market sentiment, the continued AI investment cycle, and historical September stock performance, advising listeners to expect a 'melt up' into the Fed announcement followed by potential volatility. Trading recommendations include maintaining exposure to Technology and Real Estate, considering SmallCap and Value stocks, and tactically allocating to Gold and Fixed Income for diversification and stability.
