Nasdaq 100 about to crush S&P 500
Hey Folks.
Interesting week. The Fed kept its rates high at 5.50%, but signalled cuts in 2024. And the stock markets liked it.
As some of you know, I love long/short stories, and we’ve got a Nasdaq-100 vs. S&P-500 position in the portfolio (long NDX, short SPX) that was initiated nearly one year ago at 2.83.
It seems the trend is not going to end anytime s…
Keep reading with a 7-day free trial
Subscribe to Trading & Investing to keep reading this post and get 7 days of free access to the full post archives.