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ratchet-mint

SPY surges higher hearing priced in rate hike

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
ratchet-mint  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Beyond Technical Analysis ratehike pricedin
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beyondta ratehike pricedin

  • Market got the .25 rate hike they wanted
  • Everyone stated the lower rate hike was priced in.
  • Market still rallied even higher upon getting the news they long expected

Conclusion: expected future events are not priced in.
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