Will the rally continue in Nov?
Is the market rally coming or just another bear trap? What's your investment plan?
The following data will make the stock price very volatile:
2 Nov FOMC announcement
4 Nov US Unemployment rate
8 Nov US Mid-term election result
10 Nov US CPI (consumer price index) data
Rally (bear trap) or crash (bull trap)?
The following data will make the stock price very volatile:
2 Nov FOMC announcement
4 Nov US Unemployment rate
8 Nov US Mid-term election result
10 Nov US CPI (consumer price index) data
Rally (bear trap) or crash (bull trap)?
As FED will continue to raise interest rate, stock prices are expected to fall further in Nov. However defensive stocks (food, energy, medicine etc) may turn green which is immuned to inflation. I predict that inflation may fall further (but slowly) in Nov and global economy will enter into stagflation - economy contraction with falling inflation.
My investment plan:
1. Increase in emergency fund
2. Put cash in stable and no lock-up cash fund or government bond $Fullerton SGD Cash Fund (SG9999005961.MF)$ $CSOP USD Money Market Fund (SGXZ96797238.MF)$
3. Diversify portfolio to more defensive stocks (will update this in next posting).
4. Hold or buy more big tech or value stocks with sound fundamental and moat such as $Tesla (TSLA.US)$, $Apple (AAPL.US)$, $Alphabet-C (GOOG.US)$, $Microsoft (MSFT.US)$ as these stock price is cheaper now. Such investment is long term and will do it slowly, safely and selectively (3S) using DCA.
5. May do options when short term price rally or pull-back happens (will update this in next posting).
1. Increase in emergency fund
2. Put cash in stable and no lock-up cash fund or government bond $Fullerton SGD Cash Fund (SG9999005961.MF)$ $CSOP USD Money Market Fund (SGXZ96797238.MF)$
3. Diversify portfolio to more defensive stocks (will update this in next posting).
4. Hold or buy more big tech or value stocks with sound fundamental and moat such as $Tesla (TSLA.US)$, $Apple (AAPL.US)$, $Alphabet-C (GOOG.US)$, $Microsoft (MSFT.US)$ as these stock price is cheaper now. Such investment is long term and will do it slowly, safely and selectively (3S) using DCA.
5. May do options when short term price rally or pull-back happens (will update this in next posting).
Bottom line
Don't lose hope. Based on the Economical Cycle Clock, the economy will definitely recover (when we enter the Reflation stage). When? This is a million dollar question. 😎
Don't lose hope. Based on the Economical Cycle Clock, the economy will definitely recover (when we enter the Reflation stage). When? This is a million dollar question. 😎
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I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.
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70617193 : Will cut interest rates immediately, to take off
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