Reward 1000 Tiger-coinsYesterday was the last trading day of February, and the major indexes all recorded losses in February.
All major assets lost in February
$DJIA(.DJI)$ closed down 4.19% in February and has accumulated a 1.48% decline so far this year. $S&P 500(.SPX)$ and $NASDAQ(.IXIC)$ fell about 2.61% and 1.11%, respectively, in February, but still have some gains so far this year.
Derivatives markets on Tuesday expected the fund rate to peak at 5.4% this year, well above the 5% of a month ago. At the same time, investors no longer see a Fed rate cut this year as a "certainty".
February's decline proves that in January investors bets on cooling inflation and interest rate cuts is likely to be wrong. Investors are increasingly convinced that the prospect of a "no-landing" US economy could keep the central bank's stance tough in the months ahead, and take-profit would be the best option.
Zachary Hill, head of portfolio management at investment firm Horizon Investments, said.
Consider where we started the year i.e. people were optimistic about the Fed'spivot. We think the pullback that occurred this month seems healthy for us.
Top 10 ETF Gainers in Feb.
Although US stocks fell again in February, these 10 best-performing ETFs gained over 20%. Short gold miners or Chinese stocks, and long Tesla are three strategies that can outperform the markets.
$MicroSectors Gold Miners -3x Inverse Leveraged ETN(GDXD)$ $FTSE China Bear 3X Shares(YANG)$ $Direxion Daily Gold Miners Index Bear 2X Shares(DUST)$ $Direxion Daily Junior Gold Miners Index Bear 2X Shares(JDST)$ $Direxion Daily TSLA Bull 1.5X Shares(TSLL)$
How will market go in March?
1) 3940 points for $S&P 500(.SPX)$ is key
The JPMorgan team warned of a huge sell-off in quant funds if the S&P 500 falls below its 200-day average.
However, as long as the S&P 500 correction holds this 200-day average, the upward momentum will remain and there is a possibility that the market will regroup and continue to rise in March.
The index was less than 1% off that threshold, which sits near 3,940, on Friday.
- What is 200-day moving average?
The 200-day moving average is a line that represents the average closing price over the past 200 days, a technical indicator that can analyze and identify long-term trends.
If the price is consistently above the 200-day moving average, the market can be considered to be in an uptrend, and vice versa for a downtrend
2) History data shows that investors can do reasonably well in March.
According to data from Yardeni Research, which looked into returns dating back to 1928, the S&P 500 on average rises 0.5% in the month.
Stocks have gone up 57 times in March during that time frame and have fallen 37 times.
How does your portfolio performs in Feb?
How do you expect stock market moves in March?
Leave your comments here to win tiger coins~
Comments
nothing in my US portfolio now, so i personally hope the market goes lower so that i can scoop up some ETFs
🌟🌟🌟After the euphoria and strong market rally in January, it is back to the doldrums as the markets wobble on worries of high inflation, rising interest rates amidst tight labour markets.
My defensive stocks like the Singapore Banks, Consumer Staples like Sheng Siong are resilient and doing well but my SReits like Ascendas are in the red zone.
I believe that March will continue to be volatile as the markets focus on nonfarm payrolls report, inflation data and the Feds highly anticipated policy meeting.
Nonetheless since my time horizon is long term, I will stay the course and look to the future with hope and optimism that my stocks will continue their growth trajectory.
@Tiger_chat