To The Moon

We have seen how U.S. indexes have performed before and after FOMC meeting where Fed announced rate shall remain unchanged but one more rate hike this year. This has sent the market into RED as investors are concerned of higher and longer interest rates following Fed’s comments. S&P 500 On Friday (22 September 2023) U.S. stocks was having some early gains but it gave up in the afternoon session with S&P 500 falling 0.23% on Friday because of concerns about higher interest rates after Fed Chair hawkish comments. 22 September Biggest Gains With the final rules set by Biden administration for companies to receive federal funding from the CHIPS and Science Act, we can see semiconductor stocks like ON Semiconductor and $Broadcom(AVGO)$ advanced more than 2%. 22 September Biggest Losses We have seen streaming stocks like $Warner Bros. Discovery(WBD)$ fell as there is no deal successfully discussed between Hollywood studios and writers. $Tesla Motors(TSLA)$ have also fell as their latest price cut campaign does not seem to help its share price. S&P 500 Performance To Be On 25 Sep 2023 With the potential U.S. government shutdown impending and we will be expecting the PCE (personal-consumption expenditures) price index for August on Friday. The core PCE, which excludes food and energy components is expected to be up 3.9% from a year ago. Do note that this is the Federal Reserve's preferred inflation gauge. Stock futures edged higher in overnight trading Sunday (24 Sep 23) as the market is set to enter the last week of trading in September with big losses. I would be expecting S&P 500 to have a small increase on 25 Sep 2023, investors should be also closely monitoring progress on a budget resolution in Washington. Lawmakers over the weekend expressed few signs of movement on a deal that would keep the U.S. government funded for the remainder of the fiscal year. Summary With some economic data (PCE) which is favored by Fed to make some decision on inflation, some corporate earnings. On top of these, what is important would be the challenge of a U.S. Government shutdown potentially hanging. These factors could contribute to how investors sentiment should but I expect there are some stocks which could still make a good run this week. Appreciate if you could share your thoughts in the comment section whether you think S&P 500 would end up in the RED or green on 25 Sep 2023? @TigerStars @Daily_Discussion @TigerWire appreciate if you could feature this article so that fellow tiger would benefit from my investing and trading thoughts. Disclaimer: The analysis and result presented does not recommend or suggest any investing in the said stock. This is purely for Analysis.