Is the market rally coming or just another bear trap?
The following US data will make the stock price very volatile:
2 Nov FOMC announcement
4 Nov Unemployment rate
8 Nov Mid-term election result
10 Nov CPI (consumer price index) data
Rally (bear trap) or crash (bull trap)?
As FED will continue to raise interest rate, stock prices are expected to fall further. However defensive stocks (food, energy, medicine etc) may turn green which is immuned to inflation. I predict ...