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Trading FOMC increasingly seems to me like a bad idea. Anyone ever actually made money trading FOMC day?
Higher than expected rate cuts should make stocks go up.. right?
I think I’m done trying to trade macro news. Technical analysis & charts it is. Markets response to news is incredibly unpredictable, technical analysis is frowned upon but has proven a lot more reliable in my experience
Would love to know thoughts
$S&P 500 Index (.SPX.US)$
Higher than expected rate cuts should make stocks go up.. right?
I think I’m done trying to trade macro news. Technical analysis & charts it is. Markets response to news is incredibly unpredictable, technical analysis is frowned upon but has proven a lot more reliable in my experience
Would love to know thoughts
$S&P 500 Index (.SPX.US)$
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Is it really lying if they don't really know? I'm assuming you're speculating about the significance of the upcoming presidential election.
The problem with that theory is that markets must keep going, and there isn't really a "wait and see" approach on the table. Whilst things have been volatile, you've only been hurt if you bought high, then panicked and sold low. on the whole, most things have averaged out.
The YEN carry trade kinda sucks if you were hit with it, but you knew what you were ge...
The problem with that theory is that markets must keep going, and there isn't really a "wait and see" approach on the table. Whilst things have been volatile, you've only been hurt if you bought high, then panicked and sold low. on the whole, most things have averaged out.
The YEN carry trade kinda sucks if you were hit with it, but you knew what you were ge...
@Space Dust:lying about the REASON for the drop is the BIGGEST RED FLAG IMAGINABLE.
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Hello Mooers?
Even though over 90% of respondents in my recent quick poll for cost of living (August 2024) said that living expenditures had not decreased , many believe that there will be a rate cut of at least 25% in September 2024. The cost of living (August 2024) can be found in the link below.
Quick Poll for Cost of Living (August 2024)
https://www.moomoo.com/community/feed/112955360870410
So, will there be a rate cut in...
Even though over 90% of respondents in my recent quick poll for cost of living (August 2024) said that living expenditures had not decreased , many believe that there will be a rate cut of at least 25% in September 2024. The cost of living (August 2024) can be found in the link below.
Quick Poll for Cost of Living (August 2024)
https://www.moomoo.com/community/feed/112955360870410
So, will there be a rate cut in...
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$Bitcoin (BTC.CC)$ tomorrow Jerome Powell will dictate the direction of the market at the Jackson Hole meeting.
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There's a saying of "calm before the storm"
Money is constantly being created.
inflation is an unseen loss that many people take for granted.
most people will be willing to spend on meaningless things and rather let their value decay overtime sitting in a "savings" account.
The worst part is most people take on debt at the peak of the economic cycle.
When you think about it, people often neglect when they take on debt and never ask how secure their income is.
High deb...
Money is constantly being created.
inflation is an unseen loss that many people take for granted.
most people will be willing to spend on meaningless things and rather let their value decay overtime sitting in a "savings" account.
The worst part is most people take on debt at the peak of the economic cycle.
When you think about it, people often neglect when they take on debt and never ask how secure their income is.
High deb...
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The recent financial meltdown triggered by the Bank of Japan's Yen rate hike has sent shockwaves across markets, from Bursa and CME to the Crypto Market. As prices tumbled, panic selling became the norm, further driving down valuations. But as I've consistently emphasized in my moomoo column, these moments of fear often present the best opportunities to scoop up undervalued assets,whether stocks or coins.
While many traders scrambled to liquidate ...
While many traders scrambled to liquidate ...
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Hello Mooers!
Do you know that you can now trade cryptocurrencies such as $Bitcoin (BTC.CC)$ , $Ethereum (ETH.CC)$ , $Solana (SOL.CC)$ , $Binance Coin (BNB.CC)$ , and $Dogecoin (DOGE.CC)$ on the $Futu Holdings Ltd (FUTU.US)$ MooMoo platform?
From now to September 30, 2024, the first 5,000 mooers will get to trade cryptocurrencies with ZERO commission.
So what are you waiting for? Sign up now and be the first 5,000 mooers today! (*t&c applies.)
...
Do you know that you can now trade cryptocurrencies such as $Bitcoin (BTC.CC)$ , $Ethereum (ETH.CC)$ , $Solana (SOL.CC)$ , $Binance Coin (BNB.CC)$ , and $Dogecoin (DOGE.CC)$ on the $Futu Holdings Ltd (FUTU.US)$ MooMoo platform?
From now to September 30, 2024, the first 5,000 mooers will get to trade cryptocurrencies with ZERO commission.
So what are you waiting for? Sign up now and be the first 5,000 mooers today! (*t&c applies.)
...
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