Omega88
2023-06-13

$Nasdaq100 Bull 3X ETF(TQQQ)$ 

"Disinflationary process" is taking place in the US economy right now. Although there are reports that Fed might pause its interest hike, inflation is still coming down very slowly. History has shown that softening stance from Fed may lead to higher inflation. The central bank was now aggressively increasing interest rates to bring inflation back to around 2 percent, its long-established target. If the Fed failed to get inflation lower, it would damage its credibility and sow doubts about its ability to guide the economy.

On the other hand, the economy and job market are still going strong and the next million dollars question in everyone's mind is what action is Fed going to take next?? Furthermore, we are observing extreme greed in the stock market right now.

Although it's always good to invest regularly as no one can accurately predict the market, but it may not be a good time to buy when prices are near 52-weeks high and the market is in extreme greed! I'll keep my spare ammo in my Tiger Vault for the time being. What do you think? Do let me know your thoughts!!

$Nasdaq100 Bear 3X ETF(SQQQ)$ $SPDR S&P 500 ETF Trust(SPY)$ 

@Daily_Discussion @TigerStars @CaptainTiger @MillionaireTiger     

Share Your June Expectation!
Looking at historical data, June tends to have a relatively subdued performance. However, the month presents an opportunity for new investors to make strategic investments and potentially reap significant profits in the future. ------------------- How do you expect stock market in June? Share your expectations and trading plans to win tiger coins~
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Comments

  • pjekn
    2023-06-13
    pjekn

    Should we wait for a dip in the market before buying?

    • Omega88
      I'll wait and buy more when there's extreme fear. anyway 5% returns on your Tiger Vault USD is quite decent while u wait for better opportunities
  • ReginaldHearst
    2023-06-14
    ReginaldHearst

    Inflation, interest rates, and doubts about the economy? Sounds like a comedy show! Pass the popcorn, please

  • BridgetBirrell
    2023-06-14
    BridgetBirrell

    Ah, the age-old question: What will the Fed do next? Let's grab some popcorn and watch the drama unfold

  • AlvaThompson
    2023-06-14
    AlvaThompson

    Hold your horses, my fellow stockholder! The market's like a roller coaster, but we're in it for the thrill

  • BrianWashington
    2023-06-13
    BrianWashington

    Is it worth risking it with the current extreme greed in the market?

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