STOCK SURGE DAILY
with Ross Givens

December 19, 2024

Did the Market Surprise You Yesterday?

Hey, Ross here! This is how the market reacted as soon as Powell started talking. His cautious tone about future rate adjustments—after already cutting rates by 1%—wasn’t what investors wanted to hear. The result? The worst selloff since August 5 and a major spike in the VIX. But let’s not forget what happened after that August panic: a swift V-shaped recovery. Is a repeat guaranteed? Of course not—but the odds still look favorable. The key takeaway from this volatility? I break it all down today.

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December 19, 2024 No Comments
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