Post by
1234bmth on Dec 12, 2023 1:25pm
Tomorrow will be wild trading
Tomorrow BTE could go $4.50 to $4.60 on the upside or $3.65 to $3.75 on the downside depending on Fed decision on the interest rate.
Comment by
bonjovi501 on Dec 12, 2023 1:31pm
Buying today under $4.20 and will add tomorrow if it drops under $4.00 as there will be a Santa Rally by years end I hope.
Comment by
1234bmth on Dec 12, 2023 1:38pm
I am not planning to buy at above $4 because I hold more than I should, but if it falls in the $3.65 to $3.75 range I'll sell my Intel shares with a 60% profit and buy more BTE or maybe CJ.
Comment by
Cobalt on Dec 12, 2023 2:24pm
Another person not following close enough to run money if you think the decision is still open
Comment by
masfortuna on Dec 12, 2023 2:49pm
Tomorrow it will be a "bag of doughnuts" knd of day. Everybody knows the FED will keep rates here.
Comment by
1234bmth on Dec 12, 2023 3:12pm
The expectation was to start cutting rate in early 2024, but today's inflation data may change the narrative, ai think the market now expects not raising the rate, but doesn't expect cutting in early 2024, that's why the commodity stocks are down today, su if Fed gives a hint of cutting rate sooner the stocks will go higher tomorrow, let's see what will happen.