Stocks rally this week, Fed rate cut messaging: Market Domination Overtime
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It's starting to feel like fall, but everything is all green for equity markets (^DJI, ^IXIC, ^GSPC) as stocks close out the trading session with weekly gains. Market Domination Overtime hosts Julie Hyman and Josh Lipton recap the day's market action as they look ahead to the Federal Reserve's policy meeting next week.
Sound Income Strategies Co-CIO Eric Beyrich comments on the messaging behind any rate cuts from the Fed next week, stating that a 50-basis-point reduction may come off as "a little desperate."
Simpler Trading VP of Options Danielle Shay also joins the program to discuss how short-sellers are analyzing the put-call ration to gain a sense of where markets could be headed next.
This post was written by Luke Carberry Mogan.
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