It's a relief rally. Last few

2022-05-24

It's a relief rally. Last few rebounds are very short, only 1-3 days. Not sure how long this rebound can last. Powell will be due for a speech on Tuesday. FOMC minutes will be out on Wednesday. Depending on how the Wall Street media portray these 2 events, the rally may extend or might be just cut short and resume it's downtrend. Don't hope for a reversal. It has not come yet. Good luck everyone and stay strong.

US STOCKS-Wall Street Rallies on Back of Big Tech, Banks

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Comments

moliya
2022-05-24
moliya
the rally will rebound n will reverseal...soon ...
- LimLS:
  I really hope so too. Unfortunately the current macro environment don't really support this view. Hopefully you are right. It will be the best for everyone.
Jenny_Li
2022-05-24
Jenny_Li
Every rally is good chance to sell, bear market will last.
tamira
2022-05-24
tamira
Good luck to you too!
MK8888
2022-05-24
MK8888
Thanks for sharing.
LuckyPiggie
2022-05-24
LuckyPiggie
ya ... wed will be important
Pumpui
2022-05-24
Pumpui
Whatever goes up will goes down, vice versa

Leave a comment

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Don't hope for a reversal. It has not come yet. Good luck everyone and stay strong.</body></html>","htmlText":"<html><head></head><body>It's a relief rally. Last few rebounds are very short, only 1-3 days. Not sure how long this rebound can last. Powell will be due for a speech on Tuesday. FOMC minutes will be out on Wednesday. Depending on how the Wall Street media portray these 2 events, the rally may extend or might be just cut short and resume it's downtrend. Don't hope for a reversal. It has not come yet. Good luck everyone and stay strong.</body></html>","text":"It's a relief rally. Last few rebounds are very short, only 1-3 days. Not sure how long this rebound can last. Powell will be due for a speech on Tuesday. FOMC minutes will be out on Wednesday. Depending on how the Wall Street media portray these 2 events, the rally may extend or might be just cut short and resume it's downtrend. Don't hope for a reversal. It has not come yet. Good luck everyone and stay strong.","highlighted":2,"essential":1,"paper":1,"likeSize":58,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9026613066","repostId":2237261368,"repostType":4,"repost":{"id":"2237261368","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1653337878,"share":"https://www.laohu8.com/m/news/2237261368?lang=&edition=full","pubTime":"2022-05-24 04:31","market":"us","language":"en","title":"US STOCKS-Wall Street Rallies on Back of Big Tech, Banks","url":"https://stock-news.laohu8.com/highlight/detail?id=2237261368","media":"Reuters","summary":"JPMorgan Chase upbeat interest income outlook boosts banksBroadcom shares fall on potential VMware buyoutIndexes up: Dow 1.98%, S&P 1.86%, Nasdaq 1.59%U.S. stocks ended higher on Monday as gains from ","content":"<html><head></head><body><ul><li>JPMorgan Chase upbeat interest income outlook boosts banks</li><li>Broadcom shares fall on potential VMware buyout</li><li>Indexes up: Dow 1.98%, S&amp;P 1.86%, Nasdaq 1.59%</li></ul>U.S. stocks ended higher on Monday as gains from banks and a rebound in market-leading tech shares supported a broad-based rally following Wall Street&#39;s longest streak of weekly declines since the dotcom bust more than 20 years ago.All three major U.S. stock indexes advanced between 1.6% and 2.0%, with the heftiest boost coming from rebounding megacap tech stocks Apple Inc and Microsoft Corp.Interest rate-sensitive banks jumped 5.1% after the largest U.S. lender, JPMorgan Chase &amp; Co raised its current year interest income outlook.JPMorgan Chase&#39;s stock surged 6.2%.&#34;It feels like a relief rally more than a fundamental change in investor sentiments,&#34; said Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. &#34;Investors as a whole feel like there&#39;s another shoe to drop and they&#39;re probably right in the short term.&#34;On Friday, the S&amp;P 500 closed 18.7% below its record closing high reached on Jan. 3. If the benchmark index closes 20% or more below that record, it will confirm it has been in a bear market since then.Markets have been roiled in recent weeks by worries about persistently high inflation and aggressive attempts by the Federal Reserve to rein it in while the global economy copes with fallout from Russia&#39;s invasion of Ukraine.&#34;Today it would appear the market is less fearful over the inflation factor and the Fed being able to orchestrate a soft landing so to speak,&#34; said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana.But &#34;the bias is still to the downside,&#34; Carlson added.The Dow Jones Industrial Average rose 618.34 points, or 1.98%, to 31,880.24, the S&amp;P 500 gained 72.39 points, or 1.86%, to 3,973.75 and the Nasdaq Composite added 180.66 points, or 1.59%, to 11,535.28.The Fed will give investors a hint of its state of mind on Wednesday, when it releases minutes from its latest policy meeting.Economic indicators this week might lend further support to the notion that inflation peaked in March, and show whether high prices have hurt consumer spending power.All 11 major sectors of the S&amp;P 500 ended the session green, with financials enjoying the largest percentage gain, advancing 3.2%First-quarter reporting season is nearly a wrap, with 474 of companies in the S&amp;P 500 having posted results. Of those, 78% beat expectations, according to Refinitiv.Looking ahead, current quarter pre-announcements are generally pessimistic, with 59 negative projections and 32 positive, compared with the year-ago quarter&#39;s 37 negative and 52 positive, per Refinitiv.Shares of VMWare Inc surged 24.8% following reports over the weekend that chipmaker Broadcom Inc was in talks to acquire the cloud service provider. Broadcom dropped 3.1%.U.S.-listed shares of Chinese ride-hailing app Didi Global dropped 4.0% after shareholders voted in favor of de-listing from the New York Stock Exchange.Advancing issues outnumbered declining ones on the NYSE by a 2.43-to-1 ratio; on Nasdaq, a 1.44-to-1 ratio favored advancers.The S&amp;P 500 posted one new 52-week high and 31 new lows; the Nasdaq Composite recorded 27 new highs and 142 new lows.Volume on U.S. exchanges was 10.93 billion shares, compared with the 13.36 billion average over the last 20 trading days.</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Rallies on Back of Big Tech, Banks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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Co raised its current year interest income outlook.JPMorgan Chase&#39;s stock surged 6.2%.&#34;It feels like a relief rally more than a fundamental change in investor sentiments,&#34; said Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. &#34;Investors as a whole feel like there&#39;s another shoe to drop and they&#39;re probably right in the short term.&#34;On Friday, the S&amp;P 500 closed 18.7% below its record closing high reached on Jan. 3. If the benchmark index closes 20% or more below that record, it will confirm it has been in a bear market since then.Markets have been roiled in recent weeks by worries about persistently high inflation and aggressive attempts by the Federal Reserve to rein it in while the global economy copes with fallout from Russia&#39;s invasion of Ukraine.&#34;Today it would appear the market is less fearful over the inflation factor and the Fed being able to orchestrate a soft landing so to speak,&#34; said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana.But &#34;the bias is still to the downside,&#34; Carlson added.The Dow Jones Industrial Average rose 618.34 points, or 1.98%, to 31,880.24, the S&amp;P 500 gained 72.39 points, or 1.86%, to 3,973.75 and the Nasdaq Composite added 180.66 points, or 1.59%, to 11,535.28.The Fed will give investors a hint of its state of mind on Wednesday, when it releases minutes from its latest policy meeting.Economic indicators this week might lend further support to the notion that inflation peaked in March, and show whether high prices have hurt consumer spending power.All 11 major sectors of the S&amp;P 500 ended the session green, with financials enjoying the largest percentage gain, advancing 3.2%First-quarter reporting season is nearly a wrap, with 474 of companies in the S&amp;P 500 having posted results. Of those, 78% beat expectations, according to Refinitiv.Looking ahead, current quarter pre-announcements are generally pessimistic, with 59 negative projections and 32 positive, compared with the year-ago quarter&#39;s 37 negative and 52 positive, per Refinitiv.Shares of VMWare Inc surged 24.8% following reports over the weekend that chipmaker Broadcom Inc was in talks to acquire the cloud service provider. Broadcom dropped 3.1%.U.S.-listed shares of Chinese ride-hailing app Didi Global dropped 4.0% after shareholders voted in favor of de-listing from the New York Stock Exchange.Advancing issues outnumbered declining ones on the NYSE by a 2.43-to-1 ratio; on Nasdaq, a 1.44-to-1 ratio favored advancers.The S&amp;P 500 posted one new 52-week high and 31 new lows; the Nasdaq Composite recorded 27 new highs and 142 new lows.Volume on U.S. exchanges was 10.93 billion shares, compared with the 13.36 billion average over the last 20 trading days.</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","QLD":"纳指两倍做多ETF","BK4534":"瑞士信贷持仓","BK4575":"芯片概念","BK4566":"资本集团","BK4525":"远程办公概念","UDOW":"道指三倍做多ETF-ProShares","BK4535":"淡马锡持仓","BK4559":"巴菲特持仓","BK4577":"网络游戏","BK4527":"明星科技股","BK4501":"段永平概念","BK4538":"云计算","BK4550":"红杉资本持仓","BK4579":"人工智能","BK4141":"半导体产品","AAPL":"苹果","BK4503":"景林资产持仓","BK4207":"综合性银行","BK4551":"寇图资本持仓",".DJI":"道琼斯","BK4574":"无人驾驶","AVGO":"博通","BK4573":"虚拟现实","BK4505":"高瓴资本持仓","BK4581":"高盛持仓","DXD":"道指两倍做空ETF","PSQ":"纳指反向ETF","SDOW":"道指三倍做空ETF-ProShares","BK4548":"巴美列捷福持仓","BK4170":"电脑硬件、储存设备及电脑周边","QID":"纳指两倍做空ETF","BK4528":"SaaS概念","MSFT":"微软","DDM":"道指两倍做多ETF","BK4554":"元宇宙及AR概念","DJX":"1/100道琼斯","BK4576":"AR","BK4532":"文艺复兴科技持仓","BK4515":"5G概念","VMW":"威睿","BK4553":"喜马拉雅资本持仓","DOG":"道指反向ETF","BK4507":"流媒体概念","JPM":"摩根大通"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2237261368","content_text":"JPMorgan Chase upbeat interest income outlook boosts banksBroadcom shares fall on potential VMware buyoutIndexes up: Dow 1.98%, S&P 1.86%, Nasdaq 1.59%U.S. stocks ended higher on Monday as gains from banks and a rebound in market-leading tech shares supported a broad-based rally following Wall Street's longest streak of weekly declines since the dotcom bust more than 20 years ago.All three major U.S. stock indexes advanced between 1.6% and 2.0%, with the heftiest boost coming from rebounding megacap tech stocks Apple Inc and Microsoft Corp.Interest rate-sensitive banks jumped 5.1% after the largest U.S. lender, JPMorgan Chase & Co raised its current year interest income outlook.JPMorgan Chase's stock surged 6.2%.\"It feels like a relief rally more than a fundamental change in investor sentiments,\" said Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. \"Investors as a whole feel like there's another shoe to drop and they're probably right in the short term.\"On Friday, the S&P 500 closed 18.7% below its record closing high reached on Jan. 3. If the benchmark index closes 20% or more below that record, it will confirm it has been in a bear market since then.Markets have been roiled in recent weeks by worries about persistently high inflation and aggressive attempts by the Federal Reserve to rein it in while the global economy copes with fallout from Russia's invasion of Ukraine.\"Today it would appear the market is less fearful over the inflation factor and the Fed being able to orchestrate a soft landing so to speak,\" said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana.But \"the bias is still to the downside,\" Carlson added.The Dow Jones Industrial Average rose 618.34 points, or 1.98%, to 31,880.24, the S&P 500 gained 72.39 points, or 1.86%, to 3,973.75 and the Nasdaq Composite added 180.66 points, or 1.59%, to 11,535.28.The Fed will give investors a hint of its state of mind on Wednesday, when it releases minutes from its latest policy meeting.Economic indicators this week might lend further support to the notion that inflation peaked in March, and show whether high prices have hurt consumer spending power.All 11 major sectors of the S&P 500 ended the session green, with financials enjoying the largest percentage gain, advancing 3.2%First-quarter reporting season is nearly a wrap, with 474 of companies in the S&P 500 having posted results. Of those, 78% beat expectations, according to Refinitiv.Looking ahead, current quarter pre-announcements are generally pessimistic, with 59 negative projections and 32 positive, compared with the year-ago quarter's 37 negative and 52 positive, per Refinitiv.Shares of VMWare Inc surged 24.8% following reports over the weekend that chipmaker Broadcom Inc was in talks to acquire the cloud service provider. Broadcom dropped 3.1%.U.S.-listed shares of Chinese ride-hailing app Didi Global dropped 4.0% after shareholders voted in favor of de-listing from the New York Stock Exchange.Advancing issues outnumbered declining ones on the NYSE by a 2.43-to-1 ratio; on Nasdaq, a 1.44-to-1 ratio favored advancers.The S&P 500 posted one new 52-week high and 31 new lows; the Nasdaq Composite recorded 27 new highs and 142 new lows.Volume on U.S. exchanges was 10.93 billion shares, compared with the 13.36 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1401,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":338,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":101944461,"commentId":"101944461","gmtCreate":1653363792322,"gmtModify":1663250098530,"authorId":3552850525395609,"author":{"id":3552850525395609,"idStr":"3552850525395609","authorId":3552850525395609,"name":"moliya","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/7b75ce0c34afff716602792a5d0929dd","crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9026613066,"objectIdStr":"9026613066","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"the rally will rebound n will reverseal...soon ...","text":"the rally will rebound n will reverseal...soon ...","html":"the rally will rebound n will reverseal...soon ...","likeSize":0,"commentSize":1,"subComments":[{"id":101944772,"commentId":"101944772","gmtCreate":1653364906140,"gmtModify":1653364908790,"authorId":3572923586954779,"author":{"id":3572923586954779,"idStr":"3572923586954779","authorId":3572923586954779,"name":"LimLS","avatar":"https://static.tigerbbs.com/217b03b0c4808fb537070ba4e8f9d83f","vip":1,"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9026613066,"objectIdStr":"9026613066","type":1,"supId":101944461,"supIdStr":"101944461","prevId":0,"prevIdStr":"0","content":"I really hope so too. Unfortunately the current macro environment don't really support this view. Hopefully you are right. It will be the best for everyone.","text":"I really hope so too. Unfortunately the current macro environment don't really support this view. Hopefully you are right. It will be the best for everyone.","html":"I really hope so too. Unfortunately the current macro environment don't really support this view. Hopefully you are right. It will be the best for everyone."}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":101944665,"commentId":"101944665","gmtCreate":1653364471481,"gmtModify":1663250102456,"authorId":3581914698234933,"author":{"id":3581914698234933,"idStr":"3581914698234933","authorId":3581914698234933,"name":"Jenny_Li","avatar":"https://static.tigerbbs.com/e28f1908b7b9a39e74d6accc5910fe29","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9026613066,"objectIdStr":"9026613066","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Every rally is good chance to sell, bear market will last. ","text":"Every rally is good chance to sell, bear market will last. ","html":"Every rally is good chance to sell, bear market will last. ","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":101944717,"commentId":"101944717","gmtCreate":1653364568596,"gmtModify":1663250101351,"authorId":4099482994818600,"author":{"id":4099482994818600,"idStr":"4099482994818600","authorId":4099482994818600,"name":"tamira","avatar":"https://static.tigerbbs.com/5a5129ff027261b231f25ba9331d86d4","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.14","exceedPercentage":"93.13%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9026613066,"objectIdStr":"9026613066","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Good luck to you too!","text":"Good luck to you too!","html":"Good luck to you 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