$SPDR S&P 500 ETF (SPY.US)$ I believe the current rebound is not over yet. This market situation will continue for a long time, possibly until Thanksgiving or even early December, because once the 200-day moving average is broken, it may trigger some kind of 'fighting spirit' in the market, attracting more funds to enter and pushing the rebound to 4200-4300 points.
With inflation peaking and the market's expectation of the Fed slowing down rate hikes, Wilson believes that this will ease the pressure on growth stocks and other assets, driving the next round of stock market rebound. He said:
With inflation peaking and the slowing down of rate hikes, the Nasdaq index, which has been lagging behind in this rebound, can now catch up because the rebound of the Nasdaq is directly related to the change in interest rates. Of course, as Wilson left a 'retreat' for himself in October, he still believes there is downside risk, and emphasizes that this is just a bear market rebound without fundamental support. He said:
If this market cannot hold the 200-week moving average, then a rebound is unlikely to occur. Instead, it could head directly towards 3400 or lower.
With the decline in interest rates, the P/E ratio has started to rise. The rebound in the stock market this time is driven by valuation, but it is important to note that this is based on the assumption that the EPS calculation is correct and the P/E ratio approaches fair value. It is clear that they have not yet reached a reasonable P/E ratio. This is still a bear market, it may tear you apart.
In addition, regarding whether the collapse of FTX will have an impact on US stocks, Wilson believes that despite the cryptocurrency...

$Apple (AAPL.US)$ 1. Entering the wrong market means entering the stock market in the wrong direction, at the wrong time, and at the wrong point.
2. Failure to advance means adopting a conservative wait-and-see approach of not entering the market when it should have been entered.
3. To slip away is to leave the market in the wrong direction, at the wrong time, and at the wrong point.
4. Loss is the practice of holding on to positions for a long time when it is time to sneak out of the market.
5. Overcapitalization, that is, exceeding one's safe investment quota or exceeding one's safe leverage borrowing quota to trade stocks is also called a position that is too heavy. $Meta Platforms (META.US)$ $Tesla (TSLA.US)$

$Tesla (TSLA.US)$ Why is the market so fearful and expects such high growth?
On one hand, oil prices rebounded in October; on the other hand, the core project with the highest proportion, which is residences, has shown an accelerating trend from June to September.
However, in fact, the market has somewhat overestimated the impact of high-weighted projects.
From a month-on-month perspective, the energy prices in October were actually higher than in September, and they increased again after falling since July. Therefore, oil prices in October did have a 'worsening' effect on CPI growth.
However, although the price of food is higher than in September (month-on-month increase), the month-on-month growth rate is the lowest this year, which is indeed a positive sign. Because the proportion of food in the entire CPI is greater than energy, the non-core part of the October CPI should be "better than expected". Among the core items, the highest proportion is housing, with a month-on-month growth rate reaching 0.8% and a year-on-year growth rate of 6.9%, also the highest level in recent years, and the strongest factor supporting this quarter's CPI. What does lower-than-expected CPI mean?
First of all, the greater-than-expected decrease in CPI has to some extent reduced the Fed's firm belief in raising interest rates, which is also the market's view. Currently, according to the CME interest rate observation tool, the probability of a 50 basis points and 75 basis points rate hike in December before the CPI announcement is evenly split, but after the announcement, the probability of a 50 basis points rate hike has risen to over 80%. $Apple (AAPL.US)$ $Occidental Petroleum (OXY.US)$

$BABA-W (09988.HK)$ Hong Kong stocks continued to bounce back, despite the easing news that many expected over the weekend, but there was another more important factor supporting Hong Kong stocks: the appreciation of the RMB.
Sharing on other platforms, the RMB's move is highly correlated with Hong Kong stocks, and the RMB's fall to a near-year low last month was one of the factors behind Hong Kong stocks. The RMB rebounded over the weekend, which is believed to support the rebound in Hong Kong stocks.
There are two reasons for the RMB's rebound, with US interest rate hikes expected to weaken slightly and strong Chinese export data.
In addition, the weekend saw the discovery of a CTA ETF, a neutral strategy (buy and sell at the same time), buying and selling stocks, bonds, foreign exchange rates with smart money, with low volatility, up 30% this year. The Hang Seng crossed 15867 and is expected to bounce back for another day. $TRIP.COM-S (09961.HK)$ $MEITUAN-W (03690.HK)$

$Meta Platforms (META.US)$The S & P 500 experienced an impulsive decline after the FOMC rate hike, but it is still testing key areas, and the upcoming CPI could trigger more weakness.
Learn how to use a simple trading plan, using the Wykov method for multi-time frame analysis, to trade the reversal of the S & P 500 in key areas. Of course, the capital rotation from Nasdaq to Dow Jones is wise, which is a typical industry rotation from growth to value theme. There are many large-cap stocks from record highs, while some high-return risk trades enter the setting. These are still stocks that have performed well since the October lows, and when you look for successful stocks, they should be your focus on swinging trading stocks. $Meta Platforms (META.US)$ $Netflix (NFLX.US)$