Expected the surge of inflation, alwaysThis is the excuses to dump the stocks for profiteering. Looking forward the index move up in few more days. Sell put when the price is right.
It means the economy is still hot snd it means the inflation is still not contained.The interest rate tends to have another big margin hike. Another 75 basis points.
Hello,tigers,Let's talk about FOMC first. The Fed raised interest rates by 75bp as scheduled, and the federal funds rate rose to 2.25 ~ 2.5%, equalling the highest level after the last round of interest rate hikes at the end of 2018.In Powell's press, there are the most important words as follow. He mentioned that it will come appropriate to slow the pace of increases, which is widely interpreted as doves.The next meeting will be in September, there are two months to verify whether inflation has eased.Since last week, the beta stocks saw in a large amount of capital inflow. and QQQ took the lead in making up for the higher gap. In the past two days, big technologies missed the expectations to rise instead. All signal to the