Industrial Select Sector SPDR Fund (XLI)

The Dovish FOMC Trumps Geopolitical Risk and Recession Risk

Wall Street thrives on mastering business cycles, but with Financials and Industrials strong in 2024, we’re still in mid-cycle expansion. The Fed’s dovish stance and a strong labor market suggest more growth ahead. While October may bring some volatility, strong fundamentals and bullish earnings make dips a buying opportunity. At Punk Rock Traders, we’re ready for both short-term spikes and long-term gains.