Cow Moo-ney
commented on a stock · Mar 19, 2023 04:18
Huge FOMC Meeting
Technology stocks rallied like nothing has happened in the past 1 week. But in actual fact, we had 3 US banks collapsing and Credit Suisse in deep trouble. To make things more complicated, CPI at 6% is still 3 times more than what the Federal Reserve wants to achieve.
So what exactly is driving this tech rally? Let’s discuss more in this video. Also, I will be sharing the option trades that I have made last week, so do watch on if you are interested.
Stocks covered in the video (technical analysis) – SPY, Apple, Tesla, Google, Meta + Option trades on TSLA, GOOGL, BAC
dwarrior : Today likely more people TP before FOMC
Cow Moo-ney OP dwarrior : TP?
Seraphicall : When’s the upcoming FOMC?
Cow Moo-ney OP Seraphicall : 21-22 Mar. Check out my video - it’s stated inside
Seraphicall Cow Moo-ney OP : Sorry.. I meant the time..
dwarrior : Take profit
Cow Moo-ney OP Seraphicall : Powell speaking on Wed, at 2am SG time (thurs morning)