Year end rally?
So it seems that the fed pivot looks real, with inflation coming down recently and our dear Powell is keen to slow down rate hike.
I am not saying that Fed will not change its mind. Anything is possible. Even the black swan event of possible war escalation for Russia Ukraine war could bring the inflation story back.
With China opening up, inflation may just well be going up further in 2023. Inflation or recession... It's really a difficult call...
I remain optimistic of general market outlook till mid Jan 2023. As always, anything is possible. This should not be construed as any investment or trading advice.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Btan : Shorts really die this time
HopelessChi Btan: I think, they are covering their position but the outlook with Chinese market is still weak. when it sell off? it sell off massive and erased gain perfectly fine. lol
Btan HopelessChi: Whether we like it or not, China is going ahead to reopen. So Chinese stocks will sure fly
HopelessChi Btan: what if the reopening had already been factored it and the outlook is still weak for investor implying that the rally is not sustainable and need another reason? from charting, short covering is sending the index to dive down. lol
Btan HopelessChi: Have to view long term. Nothing is absolute at a point in time
BruceLin8 Btan: Gg
SpineeOP Btan:
HopelessChi Btan: I am in HST since IPO, survived the 0.4 series to today and holding for more than 500 days. lol. long term what is long term? cheap but what is cheap? hais. inflation is exported from China. today we fighting it. so well
whqqq HopelessChi: Are you going to keep it or sell it?
Always Hungryy : and yet KWEB still flat.
View more comments...