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WGRXTesla doesn't rely on good news to survive, it's all about the charm of its stock! Such a carefree rise and fall—just a few days ago, the bulls were suppressing it, but it still surged to over 340! Today's CPI has nothing to do with it. After five consecutive rises, it's time for a downhill stroll.
After the release of US CPI data, the probability of a Fed rate cut in September rose to 90.1%.
According to CME "FedWatch": The probability of the Fed keeping rates unchanged in September is 9.9%, while the probability of a 25 basis point cut is 90.1%. The probability of the Fed keeping rates unchanged in October is 3.0%, with a cumulative probability of a 25 basis point cut at 33.6% and a cumulative probability of a 50 basis point cut at 63.5%.
$Invesco QQQ Trust(QQQ.US)$SPDR S&P 500(SPY.US)$Apple(AAPL.US)$NVIDIA(NVDA.US)$Tesla(TSLA.US)
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