$SPDR S&P 500 ETF (SPY.US)$ I think the current rebound is n...
$SPDR S&P 500 ETF(SPY.US$ I think the current rebound is not over. This time the market will continue for a long time, probably until Thanksgiving Day or even the beginning of December, because once it breaks through the 200-day moving average, this may stimulate some kind of “fighting spirit” in the market, attract more capital to enter the market, and push the rebound to 4,200-4,300 points.
As inflation peaks and the market expects the Fed to slow down interest rate hikes, Wilson believes this will ease the pressure on growth stocks and other assets and drive the stock market to rebound in the next round. He said:
With inflation peaking and interest rate hikes slowing, the Nasdaq index, which has been lagging behind in this rebound, can now catch up, as the rebound of the NASDAQ index is directly linked to changes in interest rates. Of course, just like the “exit path” Wilson left for himself in October, he still said that there are downside risks, and emphasized that this is just a bear market rebound, not supported by fundamentals. He said:
If this market doesn't hold up to the 200-week moving average, it's likely there won't be a rebound. Instead, it is possible to rush directly to 3400 or lower.
As interest rates fell, the price-earnings ratio began to rise. The current rebound in the stock market was driven by valuation, but be aware that this occurred assuming that the yield per share was correctly calculated and the price-earnings ratio was close to fair value. Obviously, they have not reached a reasonable price-earnings ratio. It's still a bear market, and it could tear you apart.
Furthermore, as to whether the collapse of FTX will have an impact on US stocks, Wilson believes that despite the sell-off of cryptocurrencies, the US stock market remains strong, indicating that there is no linkage between cryptocurrency and US stock markets. He said:
Cryptocurrency was sold off on a large scale, and FTX went bankrupt in just a few days. The whole thing sounded scary, yet US stocks continued to rise for 2 days. It can be seen that the two are not linked. $Netflix(NFLX.US$ $Microsoft(MSFT.US$
As inflation peaks and the market expects the Fed to slow down interest rate hikes, Wilson believes this will ease the pressure on growth stocks and other assets and drive the stock market to rebound in the next round. He said:
With inflation peaking and interest rate hikes slowing, the Nasdaq index, which has been lagging behind in this rebound, can now catch up, as the rebound of the NASDAQ index is directly linked to changes in interest rates. Of course, just like the “exit path” Wilson left for himself in October, he still said that there are downside risks, and emphasized that this is just a bear market rebound, not supported by fundamentals. He said:
If this market doesn't hold up to the 200-week moving average, it's likely there won't be a rebound. Instead, it is possible to rush directly to 3400 or lower.
As interest rates fell, the price-earnings ratio began to rise. The current rebound in the stock market was driven by valuation, but be aware that this occurred assuming that the yield per share was correctly calculated and the price-earnings ratio was close to fair value. Obviously, they have not reached a reasonable price-earnings ratio. It's still a bear market, and it could tear you apart.
Furthermore, as to whether the collapse of FTX will have an impact on US stocks, Wilson believes that despite the sell-off of cryptocurrencies, the US stock market remains strong, indicating that there is no linkage between cryptocurrency and US stock markets. He said:
Cryptocurrency was sold off on a large scale, and FTX went bankrupt in just a few days. The whole thing sounded scary, yet US stocks continued to rise for 2 days. It can be seen that the two are not linked. $Netflix(NFLX.US$ $Microsoft(MSFT.US$
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102869948 : It fell before the market today.