TWO BIG data will soon be released this week,How much can NASDAQ go up?

With two big data coming out this week and a number of importantofficials‘ speak , it is hard to say that the market volatility will stop.

Two heavy data announcementsWednesday

21:30 US December CPI (market expectation: 6.80%; Previous value: 7.10%)

U.S. inflation will hit a staggering 7.1 pc in December, the fastest pace in 40 years, according to Wall Street economists, while another Wall Street report will show prices paid to producers have soared by nearly 10 pc in 2021.

At present, Wall Street has formed a consensus expectation-raising interest rates in March. However, if the inflation data exceeds market expectations, the market may raise the expectation that the Federal Reserve will raise interest rates four times next year from Wednesday.

Friday

21:30 US retail sales for December (market forecast: 0.30%; Previous value: 0.30%)

Although this data is known as "horror data", it is not horrible when compared with other events of the week. From the market expectation value, it is the same as the previous value, and the impact of this data on the market may be limited unless the actual data deviates greatly from the forecast.

Second, Fed officials speak

There has been a lot of talk from Fed officials this week

Let's sort it out together:

Tuesday

01:00 Bostic, FOMC Voting Committee and Atlanta Federal Reserve Chairman in 2024, delivered a speech on the economic prospects of the United States.

22:12 Meister, FOMC Voting Committee and Cleveland Fed Chairman in 2022, was interviewed by Bloomberg TV.

22:30 In 2022, FOMC Voting Committee and Kansas Fed Chairman George delivered a speech on US economic and monetary policy.

At 23:00, the Senate Banking Committee held a hearing on nominating Powell for re-election as chairman of the Federal Reserve.

Wednesday

05:00 In 2022, FOMC Voting Committee and St. Louis Fed Chairman Brad delivered a speech on US economic and monetary policy

Thursday

21:00 In 2023, FOMC Voting Committee and Philadelphia Fed Chairman Huck delivered a speech

Friday

01:00 In 2024, FOMC Voting Committee and Richmond Fed Chairman Baldin delivered a speech on the economic prospects of the United States.

02:00 Evans, FOMC Voting Committee and Chicago Fed Chairman in 2023, delivered a speech on US economic and monetary policy.

But Tuesday is the most crucial day, because the officials' remarks will come before the CPI data is released on Wednesday, and anything that has not been heard before will have a deep impact on the market.

What we need to pay most attention to is the speech of Federal Reserve Chairman Powell, when he will testify on the nomination for a second four-year term.

What kind of pressure will the voice of the Federal Reserve this week and the latest CPI data bring to the US stock market? On Thursday, we invited Kou Jian, a former fund manager with many years of trading experience, to give us a detailed explanation of the trend of US stocks and crude oil after the expected reduction.

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Offer a reward,

What do you see as the final weekly closing price of the Nasdaq contract this week? Give your reasons? Let's talk together?

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  • MT17
    ·2022-01-11
    Estimated it will be dropping about lower few percent due to uncertainty on US Fed's interest rate increase date.
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  • 达人物语系列
    ·2022-01-11
    对科技股暴跌敏感的纳斯达克指数今年实际上只是回到了去年12月初和下旬的支撑水平,自去年10月份以来一直处于一个相当明确的区间。指数也处于去年3月重新开始的上行趋势的底部,朝着14日相对强弱指数(RSI)的超卖区域前进。
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  • Khikho
    ·2022-01-11
    5% up
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  • JLC1982
    ·2022-01-11
    cant wait
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  • Brocco
    ·2022-01-11
    Likely to drop awhile with the current interest rate hike
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  • koolgal
    ·2022-01-12
    The tech stocks have jumped today & Nasdaq closed higher too. The trend is bullish. Even oil price also rose with opening of the borders.Nasdaq will close higher this week at 195 with other indexes up
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  • koolgal
    ·2022-01-12
    The US indexes closed higher today as tech stocks rebounded! Optimism is in the air. Nasdaq closed higher too up 1.4%.It should continue to rise to 195 by Friday. Energy prices also closed higher too.
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  • damienong
    ·2022-01-12
    bull again. market is irrational at this point in time. investors digested the interest rates and taper news and did their own discounting.
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  • takamasa1867
    ·2022-01-12
    In the end, NASDAQ would probably go bull again because people would wanna capitalise on the initial bear outcome
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  • KYHBKO
    ·2022-01-12
    the tapering and increase in interest rates should have been built in and thus, expecting the induced to be in green though it should be volatile
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  • IN76
    ·2022-01-12
    The market may react negatively at first but it is good for economy as it shows growth. So the stock market will rise after that. Let’s look at data.
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  • ToughCoyote
    ·2022-01-12
    The stock market will fall at first because of the shock and then i expect to see around 0.3 percentage rise of $NASDAQ(.IXIC)$
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  • Bek Smith
    ·2022-01-12
    This week all buyers much going better, it's so nice
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  • Snakewood
    ·2022-01-11
    priced in? will rebound when news out? 🤔🤔
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  • Wallstrtbets
    ·2022-01-12
    crazy bull mkt
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  • YHB50000
    ·2022-01-12
    买入,一直在支撑位来回徘徊
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  • LWKJKK
    ·2022-01-12
    should be going high
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  • Mabelicious
    ·2022-01-12
    Thanks for sharing!
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  • Falafulu
    ·2022-01-12
    It should close higher eventually
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  • DavidSG
    ·2022-01-12
    I am cautiously optimistic. Buy on correction for $NASDAQ-100 Index ETF(QQQ)$
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