Last week, the markets were pretty quiet, after the sharp rebound in the previous weeks.It seems like the rebound has run out of steam, and there is no major news to influence the direction of the market either way.The direction might…
https://synapsetrading.com/wp-content/uploads/2022/11/Cappadocia-Turkey.jpg8101080Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2022-11-25 02:59:302022-11-26 16:13:04Weekly Market Wrap: All Quiet on the Western Front…
While we saw some strong rebound in the markets due to lower inflation numbers (and hope of a pivot), I feel it is only a matter of time before the relief rally runs out of steam.The recent news headlines do not seem bullish:UK officially…
https://synapsetrading.com/wp-content/uploads/2022/11/Chong-Kemin-Valley-Kyrgyzstan.jpg15362048Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2022-11-18 03:28:102022-11-18 18:27:00Weekly Market Wrap: Is the Market Rebound Running out of Steam?
We had 2 major pieces of new last week, which was the FOMC and the NFP.The FOMC hiked rates by 0.75%, which was in line with expectations, but they also maintained the hardline stance of aggressively increasing rates till inflation is tamed,…
Recently, there has been a lot more volatility in the market, as seen even in the major stock indices, where fluctuations of 2-5% a day have become the norm.In the absence of major news, the market has been reacting strongly on any minor…
Although there was a short-term bullish rebound in the markets from the UK tax cut reversal, the impact was short-lived, and in fact it provided us a good shorting opportunity to enter at better prices on the rebound.The long-term trend…
