FED Taketh 0.5%

Do You NFLX?

BraVoCycles Newsletter
September 19, 2024

In partnership with

Hey Market Timer!

Do you Want to Feel Like a Smart Investor?

The Premium Newsletter provides key information about the stock market’s trends that you need to know.

Golden insights about the Stock Market, Commodities, Crypto, Bonds & Forex, several times a week.

Upgrade to Premium at a rock bottom promotional price of $29/month.

News Buzz

FED takes an aggressive interest-rate policy with a half-point cut.
FED says it will consider follow-on rate cuts carefully.
FED now considers a ‘neutral’ interest-rate to be 2.9%.

We’d like to take break in our “regularly scheduled programing” to say Thank You for your responsiveness to our sponsors’ and partner ads, it greatly helps us publish this newsletter for free.

Today we have a message from: Bullseye

These daily stock trade alerts shouldn’t be free!

The stock market can be a rewarding opportunity to grow your wealth, but who has the time??

Full time jobs, kids, other commitments…with a packed schedule, nearly 150,000 people turn to Bullseye Trades to get free trade alerts sent directly to their phone.

World renowned trader, Jeff Bishop, dials in on his top trades, detailing his thoughts and game plan.

Instantly sent directly to your phone and email. Your access is just a click away!

Subscribe for Free

NFLX – Daily Cycles

Daily cycles suggest some additional up bias into mid-October, then down into November.

NFLX – Weekly Cycles

NFLX also shows a significant cycle through in 2026, just like many important stocks and indexes.

Check out this #FREE #newsletter. Just click the link below.

Follow BraVoCycles on X

Consider following me on X (former Twitter) in addition to the newsletter, as I often post valuable information there in real time between the newsletters.
On Tuesday evening, I posted a chart intended for the premium content, showing SOX’s price evolution.
- A market leader until July turned out to be a significant laggard compared to SPX – Intermarket divergence yellow flag.
- But it still has a somewhat higher cycle target depicted by the green rectangle.
- My expectation is that SOX will significantly underperform SPX in the next bear market.

#SOX: 1) Inter-market divergence between #SPX (gray) and AI leader $SOX. 2) Orange peak repetition pattern. 3) Bounces in SOX since the August low stopped at 61.6% retraces. 4) H&S.
$SMH #SMH#semiconductors#NVDA $NVDA $SPX #SPY $SPY
— BraVoCycles Newsletter (@BraVoCycles)
2:32 AM • Sep 18, 2024

Gif by cranksy on Giphy

Market Summary

As of close on 18 September, 2024

What Has Been

Asia was mixed, Europe and the U.S. were primarily red.
The US market initially rallied after FED’s announcement about a 0.5% rate cut but ended lower in choppy trading.
Dow declined 103.08 points or -0.25% to 41,503.1.
S&P 500 declined 16.32 points or -0.29% to 5,618.26.
Nasdaq declined 54.76 points or -0.31% to 17,573.3.
Russell 2000 advanced 0.86% to 0.04% to 2,206.34.
Treasury yields were up – Buy the rumor sell the news.