Markets
@nabeelahmadkh7204
Noob
Joined August 2024
Performance
1
# Trades
100.0%
Win Rate
3.3%
Avg Gain
3.3%
Total Gains
-3.4%
S&P Beat
Nabeel vs S&P 500
Nabeel
@nabeelah...
Bought VNQ
Shares
up 3.33%
At 92.44, Exited 95.52
Fed funds rate expected to drop in the next meeting(Sep 17-18) as the inflation is dropping, unemployment rate is rising, new jobs added to economy is...
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Thesis
Fed funds rate expected to drop in the next meeting(Sep 17-18) as the inflation is dropping, unemployment rate is rising, new jobs added to economy is slowing down. nThis sets up environment for lowering down interest rate, REIT sector desperately needs the rate since the sector is highly leveraged. nnThe idea is that, fed dropping rate will bring some momentum to the REIT ETF(VNQ)
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