PCE Saves Market? How to Trade as Sentiment Turns to Extreme Fear?
@Tiger_comments：
Friday's data showed that US PCE and Core PCE figures came in below expectations across the board. PCE briefly halted the accelerating pre-market sell-off trend. Traders are continuing to bet that the Federal Reserve will pause rate cuts in January and are increasingly expecting another rate cut in March, with one more anticipated in October. In other words, the market's expectation of a hawkish rate-cut stance remains unchanged. Market shifts to fear? However, no one can predict whether the market will rise or fall tonight, as we’re facing the largest triple witching event ever. CNN's Fear & Greed Index shows sentiment has reached Extreme Fear VIX volatility index has surged 72% this week. Would you buy the dip or go short? If a market plunge occurs, which stock do you think is the best candidate for a dip buy tonight? Previously surging stocks like $Tesla Motors(TSLA)$ have fallen to around $400, $MicroStrategy(MSTR)$ is at $300, $Coinbase Global, Inc.(COIN)$ has dropped to $250, and $NVIDIA(NVDA)$ is still consolidating near $130. Several major banks predict the stock market could adjust in Q1 or Q2 next year. Currently, the S&P 500's Shiller PE ratio has reached historical highs, with the mean value being 17.19. Before Wednesday’s sell-off, the ratio was second only to the 2000 dot-com bubble. If tonight’s adjustment ends up being brief, would you choose to short next year’s performance? Are you bullish or bearish on US stock performance? Would you take advantage of triple witching to find some trading opportunities? Leave your comments and also post to win tiger coins~
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.
8
Report
Login to post
- unrivalled investing·12-23what is triple bitching?LikeReport