What has the market taught pcwSg? (Week 2/4)

The past week

Mostly sideways action, with a gap up on Friday. [Bless] [Bless] 

Lesson

Sideways movement confirmed but not as many gaps as expected.

The calm before the storm... [Blush] [Blush] 

Such a period can be seen as "consolidating", building upeven more momentum for next week's potential crazy moves. [Allin] [Allin] 

Looking at individual stocks

Looking at 5 days % change

Special mention to $Tesla Motors(TSLA)$ , gapping up from all the positive news. [Call] [Call] 

While other mega caps experienced slight money rotating out to other stocks.

Looking forward

Expect a week with high volatility and uncertain direction. [Thinking] [Thinking] 

13th June (Tuesday):

Economic reports release pre-market.

14th June (Wednesday):

PPI report release pre-market.

[pass midnight]

Fed decision at 2am SGT.

Fed Chairperson speech at 2:30am SGT.

15th June (Thursday):

More economic report release pre-market.

16th June (Friday):

More Fed speeches pre-market.

Michigan consumer sentiment at 10pm SGT.


Tons of events to induce movement in the markets. [Wow] [Wow] 

Expect it to be a crazy week.[Miser] [Miser] 

# What Has the Market Taught You?

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.

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  • Trader69420
    ·2023-06-12
    TOP

    Great ariticle, would you like to share it?

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    • pcwSg
      [Like]
      2023-06-12
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  • wenbin6618
    ·2023-06-13
    这篇文章不错,转发给大家看看
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    • pcwSg
      [Like]
      2023-06-13
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  • Laughingtong
    ·2023-06-12

    这篇文章不错,转发给大家看看

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    • pcwSg
      [Like]
      2023-06-13
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  • Nggimseng
    ·2023-06-12
    Nice
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    • pcwSg
      [Salute] [Salute]
      2023-06-12
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  • Newnew
    ·2023-06-11
    hi
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    • pcwSg
      [Claw]
      2023-06-11
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  • Bel8680
    ·2023-06-11
    ok
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    • pcwSg
      [OK]
      2023-06-11
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  • Bel8680
    ·2023-06-11
    ok
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    • pcwSg
      [OK]
      2023-06-13
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