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In May FED hike rates. Market had relief rally...for one day.
Next day market start selling off.
Yesterday market again had "relief rally". Dow went up 300pts.
It is obvious what will happen today.....
Same pattern. Same story. Same result.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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Dow returns all its gains from relief rally and more.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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dr.chan a sporean ex hk professor says market will drop till ard world cup ends ard nov
next yr fed reduce interest rate then market will rally.this is a periodical pattern
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The last time Fed hiked rates by a massive 75bp was 1994, on a rare occasion to slow down inflation
In 1994 Dow was at 3800
By 1995, Dow was 4500
By 1996, Dow was 5800
Stay positive
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(16-06-2022, 05:39 PM)simpleman Wrote: The last time Fed hiked rates by a massive 75bp was 1994, on a rare occasion to slow down inflation
In 1994 Dow was at 3800
By 1995, Dow was 4500
By 1996, Dow was 5800
Stay positive
History does not correlate in that manner.
I am just waiting for US stocks to fall to cheap levels before j buy.
Despite the falls US stocks rose so much in last 10yrs they still look expensive by all models.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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(16-06-2022, 04:49 PM)sgbuffett Wrote: Dow returns all its gains from relief rally and more.
![[Image: Howx29A.jpg]](https://i.imgur.com/Howx29A.jpg)
There is likely a relief bounce to erase a lot of loss from now.
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