kel80
2022-12-13

ok

@Jo Tan$S&P 500(.SPX)$ is doing really well but caution, guys, as it is merely just investors anticipating what is to come. Any perceived bad news from Powell or any of the Fed officers would send the market spiralling. A 0.5% rate hike is widely expected and inflation isn't going to end anytime soon. Why do isay this? This is because we just came off the back of one of the longest "stops" ever, called COVID -19. People want to spend and grow their business! They want to succeed! Like a runner that's been caged for year, he wants to burst with great speed. This is why it's going to more and longer rate hikes but for investors, what's more important is to be vested long term. The S&P 500 looks like it may go over 4000 but as mentioned, it's all sentiments. I think positivity may flow until 4000 points but what happens next depends on the FOMC! While Dec is traditionally a sleeping month, investors have been starved of good things the entire year, nobody is going to sleep this month! So... What to expect? Either a big jump or drop followed by stability until next Jan when the Fed gathers again. For ultimate good news, it will still take a while. Stocks like $DBS GROUP HOLDINGS LTD(D05.SI)$ and $UNITED OVERSEAS BANK LIMITED(U11.SI)$ are good for riding the waves of volatility, I find as they will benefit during this period of rate hikes. I am currently holding more DBS than Grab and will review my portfolio again next earnings call (Mar-Apr period). @TigerStars @CaptainTiger @TigerEvents @MillionaireTiger
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