@Optionspuppy:Hammer appeared for OCBC at 11.90 I feel it's the bottom one could buy and wait to sell before xd  $OVERSEA-CHINESE BANKING CORP(O39.SI)$  Ahoy matey! The price trend for Oversea-Chinese Banking Corporation Limited (OVCHY) has been quite bearish lately, causing the stock to lose 6.3% over the past four weeks. But avast! The formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon. It seems that the bulls might have gained significant control over the price to help it find support. The hammer pattern is a technical indication of nearing a bottom with likely subsiding of selling pressure. But there's more to this bullish case for the stock. On t

@CapitalZone: ITJEGAN's LIVE : EXPIRY TRADING ANALYSIS 12th Jan 2023 @4:00pm

@StickyRice:New York Fed's Williams expects inflation to fall 'significantly' next year As the Federal Reserve attempts to tamp down consumer prices through its aggressive monetary-tightening policy, inflation is set to come down substantially at some point in 2023 , New York Fed President John Williams said at the SUNY Buffalo State campus Friday. September's Summary of Economic projections showed the median prediction for core PCE inflation, the Fed's preferred inflation gauge, will be 4.5% in 2022, 3.1% in 2023 and 2.3% in 2024. That compares with 4.9% in August, which is well above the Fed's 2% objective. The central bank has already lifted the benchmark lending rate by 300 basis points for five straight meetings, though the Federal Open Market Committee sees further increases will be needed to ta