Why short-term trading into the US market beats the long-term investing in the year 2023? As much as the Fed wanted to dial down the interest hike for the rest of the coming meetings, but they have limited control. It all depends on the forthcoming data, especially the CPI and the employment numbers. If these data continue to have a higher number, the Fed may...
Instead of waiting for NBER to officially declare the confirmation of recession, an alternative way to identify is using the U.S. indices quarterly chart, especially the S&P. Typically, economists call a recession when GDP has declined for two consecutive quarters. A committee at the National Bureau of Economic Research (NBER) is responsible for officially...
Hello, Thanks for watching! I see some scalp opportunity for 2/4/2021 to go long take 8-12 points around 3825, 3775, and 3700. Have a great day!