Its all about interest rate

The S&P 500 that soared 2.11% on Lunar New Year’s Eve kicked off the year of tiger aggressively. I am not sure if Wall Street confused the year of the Tiger with year of the Ox while SPX broke its three resistances (4436, 4453 and 4475) on a line consecutively...

Climbing the Wall of Worry

Believe it or not, the S&P500 has rallied 11% since it bottomed at 4161in only two weeks. the index broke at least five key resistances which we mentioned in our previous newsletter, against the backdrop of Russian invasion of Ukraine and uncertain path of...

Wild Swing Roil the Market

Is economy headed to a recession? We don’t know. Jay Powell and his top economists don’t know it either. That’s why the market moved like crazy as of SPX upped 3% after the Fed’s interest rate hike and then fell 3.12% next day. Predict the market trend is unrealistic,...

When Good News is Bad News

the market halted its rebound that started from May 20th as Friday’s strong job report suggests that the labor market — and in turn the US economy is as strong as we’ve seen in years. in other words, a report that’s better than merely good could prompt the...