Bootrade
2023-02-04

Huge surprise in payroll and unemployment rate which is uncalled of. We might see a downturn until CPI data on 14th Feb. Federal Reserve committee members speech next week. NFP data has shown federal reserve have more room for rate hike if inflation data still persist we may see same scenario in 2022. DXY raising due to strong job numbers and wages not pretty in the short run. Taken call option profit.


$SPDR S&P 500 ETF Trust(SPY)$ $Invesco DB US Dollar Index Bullish Fund(UUP)$ $Tesla Motors(TSLA)$ 

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Comments

  • Globalrisk.fund
    2023-02-04
    Globalrisk.fund
    Rally on the way before months end ?
    • BootradeReplyBootrade
      Federal Reserve has mention in every meeting they wants to hit 2% inflation rate overtime. Current inflation rate is at 5.7%, its quite a long way.
    • Bootrade
      Doubt rally at the moment as investors are awaiting for Fed Powell speech tomorrow to make the move. Based on NFP report federal reserve have to do more on rate hike as labour market is strong.
  • Kim Jeong 金熔
    2023-02-04
    Kim Jeong 金熔
    Thanks for sharing
  • blankblank
    2023-02-04
    blankblank
    K
  • Ais18castle
    2023-02-04
    Ais18castle
    surprise
  • PeterLim
    2023-02-04
    PeterLim
    Ok
  • ARG
    2023-02-04
    ARG
    👍👍👍
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