After the Fed trimmed another 25BPS from interest rates and guided 50BPS in cuts for 2025, Danny Kirsch says the FOMC has reason to back its decision. He believes the U.S. economy is strong enough to warrant the Fed curbing its expectations from September. As for the state of the markets, he worries about long-positioning and market breadth getting too thin. Danny also dives into Tesla's (TSLA) gamma squeeze to offer a closer look at its parabolic stock spike.