AlexTeddySG
2022-07-26

How would Market react if Fed hikes the rate by 75bps? 

I m sure Market would love it and as july 75bps isalready priced in, Market will be very bullish. Even stocks with no fundamentals and no near term growth story would bounce along with the tide. So be cautious in choosing the stocks, just don't go by pooularity, do some checks on strong fundamentals and pick your list. I would stay away from Netflix, Tweeter, Paypal etc.

Will book profits in $Meta Platforms, Inc.(META)$$Micron Technology(MU)$and accumulate $JPMorgan Chase(JPM)$.

I will wait for $Yum(YUM)$earnings and sell it at126+ depending on the tide.

Any thoughts, suggestions.

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Comments

  • MortimerDodd
    2022-07-29
    MortimerDodd
    Do you think now is the time to invest in tech stocks?
    • AlexTeddySG
      Thanks. I cant advice but I do stay invested all the time. Regardless of tech or non-tech I normally do check fundamentals and chances fundamentals can change. Lot of uncertainity still for 2022.
  • Snakewood
    2022-07-27
    Snakewood
    👌🤞🤞🙏🙏
  • Siang3361
    2022-07-27
    Siang3361
    [微笑]
  • Nongren
    2022-07-27
    Nongren
    [微笑]
  • Tan79
    2022-07-27
    Tan79
    okay
  • Lienhua
    2022-07-26
    Lienhua
    ok
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