$NASDAQ(.IXIC)$It was a wild ride this morning.We all expected a 0.75 hike, but not many expected such a hawkish press conference. Inflation needs to be brought under control. But if we end up with a recession instead, that's not good either. I prefer too see this moment as a chance to buy into the tech markets with discounts. Like a Xmas sale if you like. I made a little profit going short, but it's a dangerous game. Time to go long for the long haul. What tech stock is the most undervalued right now ?
Focus on Fed Meeting
Fed hikes again by 75 basis points, hints at entering end phase.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments