To The Moon

My outlook for this week is more optimistic. In general, inflation looks like it is coming down, although the Fed needs more confirmation. Recession also looks certain and that's a good thing, because there will be less spending (I mean this from a point of view as an investor only), causing inflation to fall further. I expect that although this may cause earnings to fall, in general, I think the $S&P 500(.SPX)$ will do better. This is because of a few months of being bearish, the market is ready to pounce. However, as investors, one should be careful not to jump when the stock is peaking or rising. Look out for the right prices to jump in and avoid FOMO (even for myself).

For the STI

I expect banks to rally a bit this week (as opposed to being flat). DBS may go over $35 and I believe it's a good time to go in. $SINGAPORE AIRLINES LTD(C6L.SI)$ and $SIA ENGINEERING CO LTD(S59.SI)$  will benefit from the influx of visitors from China, I suppose, as well as the tourism and services sector.

For the S&P500 

I remain bullish on $Grab Holdings(GRAB)$ because I sense a lot of optimism from the U.S. markets. I also think that it will benefit from more tourists and generally because it is doing well. I would caution against buying in large lots, simply because of recession coming and there may be lower prices to be had (maybe).

In general, the markets seem to be looking up and it seems good for one to be vested in the market. However, as always, only invest in what you know (as you can see, my basket of stocks are always limited because I only analyse a few stocks).

@TigerStars  @Tiger_chat