Federal Reserve officials said a strengthening economy and higher inflation could lead to earlier and faster interest-rate increases than previously expected, with some policy makers also favoring starting to shrink the balance sheet soon after.
Stocks finished sharply lower Wednesday after the release of minutes of the Federal Reserve's last policy.
What did stock benchmarks do?
$Dow Jones Industrial Average(.DJI.US)$ , shed ...

Reference back to my earlier post ever since waited for 36 trading days for Oil price / XOP price to undergo correction. It was mentioned that Price recovery would be expected (since that day) - which indeed happen (largely due to Omicron coronavirus become non-event).
Now, I resume my view that the oil price rally is over optimistic (I am holding a downward bias view based on current price level).
Feel free to post your comment and discuss!
$SPDR S&P Oil & Gas Exploration & Production ETF(XOP.US)$

$SPDR S&P Oil & Gas Exploration & Production ETF(XOP.US)$ 
Since last comment that the price will experience a bounce back up (after the previous sell down), it indeed went as high as >US$100 (notable when Omicron virus is mentioned as a non-event or no prominent risk threat).
As at today, reverse is true as Omicron virus has spread quite extensively… expectation that the impact to tourism/travelling will be impacted… oil price dropped accordingly. This reversal has reached the last expectation of <$90 in 20/12 trading day.
I am still holding my bias view that it will reach below towards $80-85 range before the next review. Let’s see how things developed.
(Should Omicron virus become risk off again, it may give some support back to the $95 level as per my expectation)
Please share your comments and views.

$Futu Holdings Ltd(FUTU.US)$ last Friday I posted one comment for fun to recommend ppl cash out at 38.5-39 and run, quite some ppl said I was stupid. 😂 what an irony! you guys are bargaining with CCP, you think you could win CCP? the whole world doesn’t want to do business with CCP already.

$Grab Holdings(GRAB.US)$ Will be working on a grab analysis and publish on my youtube channel.

$Grab Holdings(GRAB.US)$ You were the best today