It wasn't a crash. It wasn't a panic. It was more like the index tripping over its own shoelaces while walking confidently into earnings week.
Should the Fed FOMC & the Big 4 be safe from earnings week?
Kevin Warsh the new Fed Chair will probably say "We are data dependent. We are watching inflation closely. We are not saying anything that will make the market panic".
Cut interest rate? The market will roar. If not, the market will tank.
The Big 4: $Microsoft(MSFT)$ $Meta Platforms, Inc.(META)$ $Amazon.com(AMZN)$ $Apple(AAPL)$ They are seasoned performers. Watch their Capex closely & their numbers. If they overspend without monetising , analysts will roast them like satay.
Big week, big expectations, big hopes. It's Drama Week for the financial markets.
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- neo26000Β·07:17TOProast them like satay? I think some will chao ta this week [Glance] [Facepalm] [Happy]2Report