The Fed Won’t Slam on the Brakes

[Trading With Larry Benedict]( The Fed Won’t Slam on the Brakes By the Opportunistic Trader Editorial Team Whenever the Fed meets, we know it’s going to be an interesting week for traders… This week’s meeting was no exception. Despite the strong jobs market and inflation still stuck in the 3.1 – 3.2% range… the Fed reconfirmed that we could still see as many as three rate cuts this year. This may point to the Fed’s concerns about our country’s debt. After all, over $7 trillion of government debt is coming due soon. The Fed is showing a willingness to let inflation run hotter… because the consequences of slamming harder on the brakes are just too dire. So it’ll be worth watching how this impacts the markets in the coming months… For the time being, though, the market’s minimal reaction this week to potential rate cuts hints that the cuts are already well factored in. And buyers may be exhausted… So as you can see, there are several important dynamics to keep a close eye on. That makes Larry’s guidance more important than ever. To catch up on this week’s essays, be sure to check out the links below… --------------------------------------------------------------- [thumbnail]( [The “Magnificent 7” Is Dead – Long Live the “Fabulous Four”]( Three of these mega-cap leaders have been showing signs of weakness of late… --------------------------------------------------------------- [thumbnail]( [How the Fed’s Meeting Could Puncture the Nasdaq’s Rally]( The Fed’s next interest rate decision is due out tomorrow. So let’s see where QQQ is likely heading from here… --------------------------------------------------------------- [thumbnail]( [This Flatlining Financial Powerhouse Is Looking Vulnerable]( After making big gains at the end of last year, Goldman Sachs’ rally has fizzled. And it’s just broken a key level… --------------------------------------------------------------- [thumbnail]( [My Favorite Way to Trade Trending Markets]( Trends can let you know where a stock is headed next, when something isn’t right, and even when to buy and sell… --------------------------------------------------------------- [thumbnail]( [Can Gold’s Big Rally Finally Ignite This Languishing Gold Miner?]( Despite the gold price’s stellar run, gold miners have been left floundering… --------------------------------------------------------------- [The Opportunistic Trader]( The Opportunistic Trader 55 NE 5th Avenue, Delray Beach, FL 33483 [www.opportunistictrader.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. The Opportunistic Trader welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-888-208-6550, Mon–Fri, 9am–5pm ET, or email us [here](mailto:feedback@opportunistictrader.com). © 2024 Omnia Research, LLC. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Omnia Research, LLC. [Privacy Policy]( | [Terms of Use](