TigerHulk
03-19

With March FOMC meetings around the corner, I am currently holding bearish views on $NASDAQ 100(NDX)$$S&P 500(.SPX)$   as I strongly believe that the recently announced economic data and unemployment data, show that the US economy is very resilient and strong. With the rebound of inflation data from both CPI & PPI, it also further suggests that inflation is holding strong at approx 3% region and it might take a very long time for it to decline till the fed target rate of 2%. Hence I don't think the Fed will be cutting interest rates anytime soon unless they see that the economy is declining at an alarming speed or inflation has indeed subsided. The current valuations of stocks have reached an all-time high again and we might have a strong probability of downside risk vs upside potential unless there are new catalysts to boost the general market sentiments. I strongly encourage everyone to trade with care in this current stage of uncertainty, cash is king and it's not necessarily to go against the flow. Good Luck everyone. @TigerStars @TigerTrade @TigerCommunity @LMSunshine @TigerStars @TigerEvents @Tiger_Insights @koolgal 

# S&P 3-Day Decline: Hold Stocks or Cash for the Holiday?

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  • koolgal
    ·03-19
    You are absolutely right.  It is important to trade with caution during this time of volatility.
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  • koolgal
    ·03-19
    Thanks for sharing your valuable insights. 😍😍😍
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