The FOMC will start their meeting on Tuesday and announce their decision on Wednesday. The market has priced in a 25 basis point cut, bullish for the stock market.
If the Fed should announce a 50 basis point cut instead of 25 basis point, the stock market is likely to explode higher.
The Fed is also expected to cut 2 more times before the end fof 2025 after the September meeting. The stage is now set for a parabolic rise in the stock market as short-sellers cover their short and reverse long for the year end rally,