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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
0
0
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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