Among the world's top 20 stock markets, 14 markets have already reached or are continuously hitting all-time highs.
Can Nvidia earnings and FOMC minutes continue to push the market higher, or should we be wary of a pullback?
With CPI data cooling down, the market is focused on whether the FOMC minutes will provide the latest news on interest rate cuts.
Rise in commodities cannot be ignored.
$Gold - main 2406(GCmain)$ has hit another all-time high, $Silver - main 2407(SImain)$ has broken through its highest level since 2013, and $Copper - main 2407(HGmain)$ has surged 30% in the past six months.
If the upside for stock indices is limited, would you buy metal ETFs?
Gold ETFs: $SPDR Gold Shares(GLD)$ , $iShares Gold Trust(IAU)$ , $VanEck Gold Miners ETF(GDX)$
Copper ETFs: $Global X Copper Miners ETF(COPX)$ , $iShares Copper and Metals Mining ETF(ICOP)$ , $United States Copper Index Fund(CPER)$
Silver ETFs: $iShares Silver Trust(SLV)$ , $Aberdeen Standard Physical Silver Shares ETF(SIVR)$ , $Global X Silver Miners ETF(SIL)$
Are you bullish on stock market or commodities?
Can FOMC minutes and Nvidia push the markets higher?
Leave your comments and also post to win tiger coins~~
Comments
it's hard to say as sometimes market can surprise you...
when market swings high, this is when to take caution as it can dive down without warning...
it's always safer to diversify portfolio to balance it out.
enjoy riding the highs though as it's always thrilling [Grin] [Grin] [Grin]
@HelenJanet @Universe宇宙 @Shyon @Aqa @rL @GoodLife99 @LMSunshine @koolgal @TigerGPT
Are you bullish on stock market or commodities?
Can FOMC minutes and Nvidia push the markets higher?
Leave your comments and also post to win tiger coins~~
For me, instead of stay aside, I am the type of investor who always ride the wave 🌊🌊🌊 as uptrend is the best moment and easiest way for you to make profit in the market. You can then lock profit or stop loss once the market changes direction. Keep in mind, you just need to plan your trade and trade your plan!
Yes, I do agree that in order for the market to move further higher, Nvidia earnings result will be one of the key deciders, and also the FOMC minutes which always guide the market movement and direction.
Let's hope the best trading year 2024 and ride with the BULL! Good luck all the Tigers!!! [Call] [Call] [Call] [Comfort] [Comfort] [Comfort] [Allin] [Allin]
@Tiger_comments @TigerStars @CaptainTiger @MillionaireTiger @TigerGPT @Daily_Discussion
As an investor, I'm aware that the FOMC minutes and NVIDIA's earnings report could significantly impact the market. I'm adopting a cautious approach and diversifying my portfolio to navigate uncertainties. For NVIDIA, I'm expecting a strong quarterly performance but also considering potential risks. I'll stay informed and adapt my strategy accordingly to make informed investment decisions that align with my goals and risk tolerance.