🇺🇸Market Rally on FOMC Minutes, SGX🇸🇬 ASX🇦🇺 & HKEX🇭🇰 Should Follow📈📈📈

The 🇺🇸 market welcomed the minutes and rallied after its release despite a cautious sell-off just before the FOMC minutes were released. 🇺🇸 Market rally on slowing rate increase and higher terminal fund rate yesterday (23/11) ➡️ I expect SGX🇸🇬 ASX🇦🇺 & HKEX🇭🇰 to follow the uptrend today and tomorrow🐂🐂🐂 

$NASDAQ(.IXIC)$ $TQQQ(TQQQ)$ $S&P 500(.SPX)$ $Straits Times Index(STI.SI)$ $S&P/ASX 200(XJO.AU)$ 

1-2 Nov FOMC minutes showed that:

(1) Majority of Fed officials deemed a slowing in the pace of the fed funds rate increase would likely soon be appropriate, so as to meet the Committee’s goal of maximum employment and price stability🥳🥳🥳

(2) Policymakers also noted that with inflation showing little sign of abating, and with supply and demand imbalances in the economy persisting, the ultimate level of the federal funds rate that would be necessary to achieve the Committee's goals was somewhat higher than they had previously expected😕

(3) Fed raised the target range for the federal funds rate by 75bps to 3.75%-4% during its Nov 2022 meeting, marking a sixth consecutive rate hike and the 4th straight 75bps increase, pushing borrowing costs to a new high since 2008😨

🤔💭My Thoughts:

⭐️ Markets have priced in higher terminal fund rates but expect a 50bps increase in Dec and 🐂🐂🐂 are stepping in🥳 so a recovery might be building IF all things remain calm with no new macro threats.

⭐️ Chip and badly beaten Tech sectors are definitely worth investing💪💪💪

⭐️ VIX has come down a lot to almost 20. The last time it hovered at this value was the start of the Nasdaq and S&P 500 rallying🥳🥳🥳 so I expect the rally to continue on Friday.

Do share your thoughts in the comments section and please help to click on the “Like” and “Share/Repost” buttons, so that more 🐯🐯🐯 can access this information, many thanks🤗🥰

As usual-🤔💭 Consider POV & Actions of investors + 👩🏻‍💻👨🏻‍💻 Research + 🗑FOMO & Greed = Investing Wisely 🤓🤗 + Accumulating Wealth 💵💰

Source Websites: Trading Economics 

@TigerStars @CaptainTiger @MillionaireTiger @Tiger_chat 

# FOMC Minutes Coming: You Expect...?

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  • Ericdao
    ·11-24
    TOP
    Mkt actually price in 50 basis pt increase in Dec, not 75. There's still lots of uncertainty. The next cpi report is crucial on whether the fed will pivot. Slight bullish still exists but should approach major resistance middle of next week. Still need to stay caution as always [smile]
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    • melsonReplying toEricdao
      good strategy
      11-24
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    • LMSunshineReplying toEricdao
      Agree❣️ Thanks❣️
      11-24
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    • EricdaoReplying toLMSunshine
      Nobody can tell whether u will end up buying high or low. To enter b4 result is out is very much like gambling. I prefer to enter with certainty. 99% winning rather than 50% win or loss. Anyway, everyone hv their strategy, so just focus on what will allow u a high win rate. Good luck
      11-24
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  • We are now at the bottom of the NASDAQ time.
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    • LMSunshine
      Thanks for sharing your thoughts🥰 Which nasdaq stocks are best to buy now?
      11-27
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  • The VIX has indeed fallen quite a bit recently, which is good.
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  • DonnaMay
    ·11-27
    I believe the market has already priced in a rate hike.
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    • LMSunshine
      Agree unless Fed goes for another 75bps
      11-27
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  • Maria_yy
    ·11-27
    Hopefully the FOMC will stop raising rates sooner rather than later.
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    • LMSunshine
      Doubt so as inflation not at target 2-3%
      11-27
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  • It looks like the meeting was good news for the stock market.
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  • melson
    ·11-24
    concur 🥳🥳🥳🥳🥳🥳
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    • melsonReplying toLMSunshine
      friday usually close red, especially after holiday. very low volume because it is year end and soccer season, everybody on holiday and eyes on TV. but overall santa rally should continue.
      11-27
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    • LMSunshine
      But I was wrong😅 Nasdaq fell on Friday…quite a surprise to me🤔
      11-27
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  • Juliaaa11
    ·11-24
    I also feel that Friday has its rally posture!
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    • LMSunshine
      🥳🥳🥳 Thanks for sharing your thoughts🥰 Hope to hear more from you in my future posts🤓
      11-24
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  • Will chip sectors still good to buy after a rise since last week?
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    • LMSunshine
      I bought but DYODD. I wrote a few posts the last 2 weeks on chip stocks, check my posts in my homepage by clicking the Snoopy icon🤓
      11-24
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  • Looks like market are calm down and wish there will be bullish trend soon.
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    • LMSunshine
      Yes markets look calm unless Fed surprises with 75bps hike. I do hope for 1 final plunge before recovery though so I can buy 1 last round at the bottom😂
      11-24
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  • 75bps is really too high and may harmful to market.
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    • LMSunshine
      Agree, hope to hear more from you in my future posts🤓
      11-24
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  • Joel0712
    ·11-25
    哦哦
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  • Papa Bear
    ·11-25
    thanks
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  • Hulkie2017
    ·11-24
    Ho
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  • Desw
    ·11-24
    [微笑]
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  • Keat1996
    ·11-24
    D
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  • BenWong78
    ·11-24
    😀
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  • Jems90
    ·11-24
    Lates t
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  • Princexoxo
    ·11-24
    Gg
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  • JasonAngsh
    ·11-24
    👍
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