QQQ and Semis sold off hard today — and big moves are coming tomorrow with FOMC. 🩸 [pBTGaOKecW8]
QQQ and Semis sold off hard today ahead of tomorrow’s FOMC meeting. 🔹 QQQ: -1.91% 🔹 SOXX (Semis): -6.01% 🚨 🔹 Market Bullies still ate Semis dropping 6% in a single day = institutional money de-risking before FOMC. The sector leader is selling into tomorrow’s event. Tomorrow at 2 PM EST = the first FOMC meeting in 8 years without Jerome Powell. 🔹 No more Powell pump 🔹 New Fed Chair: Kevin Warsh 🔹 First rate decision under new leadership What’s on his plate: 🔹 The dot plot 🔹 4.2% inflation (3-year high) 🔹 Rate decision (97% odds: hold at 3.50-3.75%) 2 PM = Fed decision + dot plot release 2:30 PM = Warsh’s first press conference Let’s hope Kevin Warsh doesn’t turn into Kevin Wash. Whether the market’s up or down — we see green. 🐶 We stay ready so you don’t have to get ready. Comment MARKET BULLY and I got you 🐶 📲 @rek.got.options #shorts #QQQ #SOXX #Semis #FOMC #FedChair #KevinWarsh #optionstrading #rgomarketbullies