
Fb Stock is Up 1% (and Not Just for the Holidays)
This is a must-read article.
The stock is up 1% in just one day.
The next day, the price is up 5% and now it is up 20%.
The next two days are all up 30% and 50%.
There is no sign that the stock will drop any time soon.
If you are a tech investor, this is a good sign.
The good news is that this is happening as the Federal Reserve is cutting interest rates and the stock market has gained momentum.
We have been following the stock for over a month now and I believe this is the first time that the price of FB stock has risen above the $500 level.
We know the stock has been trending up and now the momentum is back.
It looks like the market will not go down much more before the Federal Open Market Committee takes another cut at the Fed’s rate cuts.
You can follow all of the stock price action over the last month on the S&P 500.
This is going to be a great month.