Going to be an exciting week with the big companies and big tech coming out with their earnings report. The earning and their future guidance will be able to give us hints on the growth or slowdown. Fed will be announcing their July hike, but more importantly, everyone will be focusing on Fed guidance for Sept and the rest of the 2022. July 75bps is almost a sure thing but the guidance for Sept and rest of 2022 will be a hint on how hawkish Fed will be. I believed this will be a crucial factor on the direction of the market for the rest of 2022. GDP for Q2 will also be announced on Thursday. If the earnings/guidance is not as bad as many predicted, and Fed start to show less hawkish stance with slower hike for rest of 2022, market sentiment will improve and we may see more rally in the market. Due to many variables this week, there might be big rise and fall in the market. For mid/long term investors, this week, just closed your eyes and ears and not make any rash decision due to emotions. A week of volatility is just a blip in our mid/long term investing timeline. After the market had absorbed and digest the various information, the market will stabilise and move accordingly based on the results.
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