To The Moon

Microsoft hit a record high on Tuesday, and shares of AMD, Broadcom and Intel rose about 2 percent ahead of the Chip Act funding. The S&P posted its seventh straight day of gains for the first time since November 2021.On the political and economic front, Federal Reserve officials spoke on Tuesday. Minneapolis Fed President Neel Kashkari said on Tuesday that policymakers had not yet won the battle against inflation and would consider tightening policy further if needed. Federal Reserve Bank of Chicago President Austan Goolsbee said officials did not want to "pre-empt" the rate decision.Fed Governor Sheila Bowman said she still believes the central bank needs to raise rates to contain inflation, but added that a spike in Treasury rates since September has led to tighter financial conditi

The market reacted strongly after the FOMC meeting. Indeed, Powell's statement is the most "eagle" since taking the office. More importantly (giving bears the chance to fight back), It is FEDs' uncertain follow-up policy makes the market frightened. The market is not afraid of eagles or surprised(can be fixed in short time, such as "sell the fact"). But the most annoying thing is uncertainty. There is almost no update information at this meeting. The market has priced-in raising interest rates, balance sheet runoff, and adjusting the assets holding. Although the Fed is responsible for a large part of the current awkward situation as they neglected inflation and misjudged in the second half of last yea

Meme stocks tumbled in morning trading, AMC shares fell more than 6%.