Tomorrow, Powell report to the

2022-06-21

Tomorrow, Powell report to the Senate will reveal more info on Fed plans on how they are going to tackle inflation and their views on the economy. Expecting this week to be volatile with Wall St media interpreting this to fit and push their agenda. What Powell going to say is not important since Fed had already reveal their current plans during last week FOMC. There should be not much new info. What's important is how the media going to interpret it and push the market up or down. If pushing the market up, treat it as a relief rally that will not last more than a few days. Don't get tricked into chasing the rising prices. At this moment, it's still not time to be greedy. Good luck to all.

US Equity Futures Pointed Higher As Investor Sentiment Stabilized

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Comments

glitterstar9
2022-06-21
glitterstar9
Thank you for sharing. So far the market looks stable. Calm before the storm?
- LimLS:
  no idea. unable to guess short term movement. I have more fear for July when the earning season starts again. Current forecast don't look good. Maybe another round of decline in valuation.
KittyBruno
2022-06-21
KittyBruno
Agree with the author. I also think the stock market will continue to be volatile this week, for better or worse. I will choose to wait and see for the time being
MatthewWalter
2022-06-21
MatthewWalter
Thanks for sharing. As the world becomes increasingly connected, the Fed's every move will have a broader impact, including on the US stock market and even the global stock market.
FranklinMorley
2022-06-21
FranklinMorley
It is impossible to predict the impact of Powell's actions, but there is nothing wrong with being cautious
Barbarazhao
2022-06-21
Barbarazhao
Thanks for sharing this news. Hopefully the market will not so volatile.
BriBri
2022-06-21
BriBri
Hope JP says nice stuff

Leave a comment

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What Powell going to say is not important since Fed had already reveal&nbsp;their current plans during last week FOMC. There should be not much new info. What's&nbsp;important is how the media going to interpret it and push the market up or down. If pushing the market up, treat it as a relief rally that will not last more than a few days. Don't get tricked into chasing the rising prices. At this moment, it's still not time to be greedy. Good luck to all.</p></body></html>","htmlText":"<html><head></head><body><p>Tomorrow, Powell report to the Senate will reveal more info on Fed plans on how they are going to tackle inflation and their views on the economy. Expecting this week to be volatile with Wall St media interpreting this to fit and push their agenda. What Powell going to say is not important since Fed had already reveal&nbsp;their current plans during last week FOMC. There should be not much new info. What's&nbsp;important is how the media going to interpret it and push the market up or down. If pushing the market up, treat it as a relief rally that will not last more than a few days. Don't get tricked into chasing the rising prices. At this moment, it's still not time to be greedy. Good luck to all.</p></body></html>","text":"Tomorrow, Powell report to the Senate will reveal more info on Fed plans on how they are going to tackle inflation and their views on the economy. Expecting this week to be volatile with Wall St media interpreting this to fit and push their agenda. What Powell going to say is not important since Fed had already reveal their current plans during last week FOMC. There should be not much new info. What's important is how the media going to interpret it and push the market up or down. If pushing the market up, treat it as a relief rally that will not last more than a few days. Don't get tricked into chasing the rising prices. At this moment, it's still not time to be greedy. Good luck to all.","highlighted":2,"essential":1,"paper":1,"likeSize":57,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9049699942","repostId":1154256262,"repostType":4,"repost":{"id":"1154256262","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1655783543,"share":"https://www.laohu8.com/m/news/1154256262?lang=&edition=full","pubTime":"2022-06-21 11:52","market":"fut","language":"en","title":"US Equity Futures Pointed Higher As Investor Sentiment Stabilized","url":"https://stock-news.laohu8.com/highlight/detail?id=1154256262","media":"Tiger Newspress","summary":"US equity futures pointed higher on Tuesday as investor sentiment stabilized. Treasuries retreated a","content":"<html><head></head><body><p>US equity futures pointed higher on Tuesday as investor sentiment stabilized. Treasuries retreated after reopening from a holiday.</p><p>S&amp;P 500 futures rose 1.65%; Nasdaq 100 futures rose 1.74%; Dow futures rose 1.45%.</p><p><img src=\"https://static.tigerbbs.com/247ed33c5d089f46817a2c92e536b4bb\" tg-width=\"557\" tg-height=\"236\" referrerpolicy=\"no-referrer\"/></p><p>The drop in Treasuries took the benchmark 10-year yield to about 3.28%. Further volatility in bonds, under a Federal Reserve intent on sharp interest-rate hikes to tame inflation, could shake global markets anew.</p><p>Australian yields increased after central bank Governor Philip Lowe reiterated that further interest-rate hikes likely loom.</p><p>The yen remains around a 24-year low against the dollar, sapped by the contrast between a super-dovish Bank of Japan and hawkish Fed.</p><p>In commodities, oil gained, while prices for metals like copper are being buffeted by concerns about the demand outlook amid weakening global growth.</p><p>St. Louis Fed President James Bullard warned that US inflation expectations could “become unmoored without credible Fed action,” while former Treasury Secretary Lawrence Summers argued that the nation’s jobless rate would need to rise above 5% for a sustained period in order to curb price pressures. 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Treasuries retreated after reopening from a holiday.</p><p>S&amp;P 500 futures rose 1.65%; Nasdaq 100 futures rose 1.74%; Dow futures rose 1.45%.</p><p><img src=\"https://static.tigerbbs.com/247ed33c5d089f46817a2c92e536b4bb\" tg-width=\"557\" tg-height=\"236\" referrerpolicy=\"no-referrer\"/></p><p>The drop in Treasuries took the benchmark 10-year yield to about 3.28%. Further volatility in bonds, under a Federal Reserve intent on sharp interest-rate hikes to tame inflation, could shake global markets anew.</p><p>Australian yields increased after central bank Governor Philip Lowe reiterated that further interest-rate hikes likely loom.</p><p>The yen remains around a 24-year low against the dollar, sapped by the contrast between a super-dovish Bank of Japan and hawkish Fed.</p><p>In commodities, oil gained, while prices for metals like copper are being buffeted by concerns about the demand outlook amid weakening global growth.</p><p>St. Louis Fed President James Bullard warned that US inflation expectations could “become unmoored without credible Fed action,” while former Treasury Secretary Lawrence Summers argued that the nation’s jobless rate would need to rise above 5% for a sustained period in order to curb price pressures. Those comments underline the parlous backdrop investors face.</p><p>Earlier, European Central Bank President Christine Lagarde restated officials’ intention to raise interest rates in July and September, signaling that concerns over financial-market tensions aren’t derailing the fight against inflation.</p><p>Elsewhere, Bitcoin held above $20,000 after a turbulent period for cryptocurrencies.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154256262","content_text":"US equity futures pointed higher on Tuesday as investor sentiment stabilized. Treasuries retreated after reopening from a holiday.S&P 500 futures rose 1.65%; Nasdaq 100 futures rose 1.74%; Dow futures rose 1.45%.The drop in Treasuries took the benchmark 10-year yield to about 3.28%. Further volatility in bonds, under a Federal Reserve intent on sharp interest-rate hikes to tame inflation, could shake global markets anew.Australian yields increased after central bank Governor Philip Lowe reiterated that further interest-rate hikes likely loom.The yen remains around a 24-year low against the dollar, sapped by the contrast between a super-dovish Bank of Japan and hawkish Fed.In commodities, oil gained, while prices for metals like copper are being buffeted by concerns about the demand outlook amid weakening global growth.St. Louis Fed President James Bullard warned that US inflation expectations could “become unmoored without credible Fed action,” while former Treasury Secretary Lawrence Summers argued that the nation’s jobless rate would need to rise above 5% for a sustained period in order to curb price pressures. 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So far the market looks stable.&nbsp; Calm before the storm?","text":"Thank you for sharing. So far the market looks stable.&nbsp; Calm before the storm?","html":"Thank you for sharing. So far the market looks stable.&nbsp; Calm before the storm?","likeSize":0,"commentSize":1,"subComments":[{"id":102461795,"commentId":"102461795","gmtCreate":1655781879611,"gmtModify":1663252424942,"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":9049699942,"objectIdStr":"9049699942","type":1,"supId":102461410,"supIdStr":"102461410","prevId":0,"prevIdStr":"0","content":"no idea. unable to guess short term movement. I have more fear for July when the earning season starts again. Current forecast don't look good. Maybe another round of decline in valuation.","text":"no idea. unable to guess short term movement. I have more fear for July when the earning season starts again. Current forecast don't look good. Maybe another round of decline in valuation.","html":"no idea. unable to guess short term movement. I have more fear for July when the earning season starts again. Current forecast don't look good. Maybe another round of decline in valuation."}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102461361,"commentId":"102461361","gmtCreate":1655780688634,"gmtModify":1663252421644,"authorId":9000000000000521,"author":{"id":9000000000000521,"idStr":"9000000000000521","authorId":9000000000000521,"name":"KittyBruno","avatar":"https://static.tigerbbs.com/55e526bf56359c8153d15df97d3245b8","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9049699942,"objectIdStr":"9049699942","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Agree with the author. I also think the stock market will continue to be volatile this week, for better or worse. I will choose to wait and see for the time being","text":"Agree with the author. I also think the stock market will continue to be volatile this week, for better or worse. I will choose to wait and see for the time being","html":"Agree with the author. I also think the stock market will continue to be volatile this week, for better or worse. I will choose to wait and see for the time being","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102461303,"commentId":"102461303","gmtCreate":1655780573934,"gmtModify":1663252425426,"authorId":9000000000000488,"author":{"id":9000000000000488,"idStr":"9000000000000488","authorId":9000000000000488,"name":"MatthewWalter","avatar":"https://static.tigerbbs.com/673f24849e790c3aa318f19aa443d828","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9049699942,"objectIdStr":"9049699942","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Thanks for sharing. As the world becomes increasingly connected, the Fed's every move will have a broader impact, including on the US stock market and even the global stock market.","text":"Thanks for sharing. As the world becomes increasingly connected, the Fed's every move will have a broader impact, including on the US stock market and even the global stock market.","html":"Thanks for sharing. As the world becomes increasingly connected, the Fed's every move will have a broader impact, including on the US stock market and even the global stock market.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102461326,"commentId":"102461326","gmtCreate":1655780625632,"gmtModify":1663252422445,"authorId":9000000000000584,"author":{"id":9000000000000584,"idStr":"9000000000000584","authorId":9000000000000584,"name":"FranklinMorley","avatar":"https://static.tigerbbs.com/41438e43bc06f3d850c94c7d80eb56cf","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9049699942,"objectIdStr":"9049699942","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"It is impossible to predict the impact of Powell's actions, but there is nothing wrong with being cautious","text":"It is impossible to predict the impact of Powell's actions, but there is nothing wrong with being cautious","html":"It is impossible to predict the impact of Powell's actions, but there is nothing wrong with being cautious","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102461558,"commentId":"102461558","gmtCreate":1655781153309,"gmtModify":1663252426235,"authorId":3576888762442253,"author":{"id":3576888762442253,"idStr":"3576888762442253","authorId":3576888762442253,"name":"Barbarazhao","avatar":"https://static.tigerbbs.com/40f6fdeabe0e8cac300f1fd2a17eb3ac","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.02.01","exceedPercentage":"80.02%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":8,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9049699942,"objectIdStr":"9049699942","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Thanks for sharing this news. Hopefully the market will not so volatile.","text":"Thanks for sharing this news. Hopefully the market will not so volatile.","html":"Thanks for sharing this news. Hopefully the market will not so volatile.","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102461542,"commentId":"102461542","gmtCreate":1655781122209,"gmtModify":1663252423363,"authorId":3581814892991688,"author":{"id":3581814892991688,"idStr":"3581814892991688","authorId":3581814892991688,"name":"BriBri","avatar":"https://static.tigerbbs.com/a491a55c22a61b336ee95f092d522622","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-1","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Debut Tiger","description":"Join the tiger community for 500 days","bigImgUrl":"https://static.tigerbbs.com/0e4d0ca1da0456dc7894c946d44bf9ab","smallImgUrl":"https://static.tigerbbs.com/0f2f65e8ce4cfaae8db2bea9b127f58b","grayImgUrl":"https://static.tigerbbs.com/c5948a31b6edf154422335b265235809","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.09.01","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9049699942,"objectIdStr":"9049699942","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Hope JP says nice stuff","text":"Hope JP says nice stuff","html":"Hope JP says nice stuff","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9049699942"}