Add to U.S. technology stocks and gold on pullbacks; U.S. Treasuries are relatively lower in the order of priority. Is the September FOMC meeting the key turning point?
Recent pullbacks may create opportunities to add positions on dips. The key is: when will the turnaround happen?
If the FOMC meeting on September 16 results in a rate hike, the market may not expect further hikes afterward. It could start pricing in that “bad news is already done,” causing stocks and gold to first fall and then rise after the meeting. If September brings no rate hike, near-term rate-hike risk is directly reduced. Since the Fed had previously been strongly hawkish but took no action, it may further weaken policy credibility—an outcome that is more favorable for gold.
Judging by the event timeline, after the September FOMC meeting could be a rebound window with relatively high risk-reward. It’s advisable to focus on capturing that period. At the same time, given uncertainty around the U.S.-Iran situation and economic data, the market may also start a rebound before the FOMC meeting (for example, if Trump quickly ends the conflict, or if U.S. CPI comes in significantly below expectations, or other major policy adjustments). Trading should therefore remain flexible. Since the bull-market trend for gold and U.S. technology stocks has not changed, there’s no need to mechanically wait for one specific time node. If the market shows a clear pullback over the next few weeks, you can also consider gradually increasing allocations to stocks and gold even before the Fed meeting.
(1) Gold is still the clearest overweight direction. Whether the Fed ultimately pivots toward easing to improve liquidity, or recent policy missteps damage the dollar’s credibility, the medium-term logic for gold has not changed. Pullbacks can instead provide opportunities to add.
U.S. stocks can also be added on dips, especially the tech sector. The AI industry trend has not reversed. Recent adjustments are more driven by pressure from capital and sentiment rather than a fundamental deterioration in earnings. If policy and liquidity pressures ease, high-valuation assets may actually have greater rebound resilience.
(3) Don’t rush to bottom-fish U.S. Treasuries. In September, AI financing needs and the risk of rate hikes may continue to disturb yields on the long end, and certainty for long-dated bonds is lower than for gold and stocks. Rather than betting on a rapid decline in long-end yields, the stance in this report on U.S. Treasuries is more neutral; it’s better to patiently wait for policy risk and supply pressure to ease.
Dollar-cost averaging on dips with investment targets such as $BNB , $BTC, $ETH, $SOL, $SPCX, $AAPL, $TSLA, $NVDA, etc., are all solid trading strategies.
$SPCX.US
$SKHY.US
Recent pullbacks may create opportunities to add positions on dips. The key is: when will the turnaround happen?
If the FOMC meeting on September 16 results in a rate hike, the market may not expect further hikes afterward. It could start pricing in that “bad news is already done,” causing stocks and gold to first fall and then rise after the meeting. If September brings no rate hike, near-term rate-hike risk is directly reduced. Since the Fed had previously been strongly hawkish but took no action, it may further weaken policy credibility—an outcome that is more favorable for gold.
Judging by the event timeline, after the September FOMC meeting could be a rebound window with relatively high risk-reward. It’s advisable to focus on capturing that period. At the same time, given uncertainty around the U.S.-Iran situation and economic data, the market may also start a rebound before the FOMC meeting (for example, if Trump quickly ends the conflict, or if U.S. CPI comes in significantly below expectations, or other major policy adjustments). Trading should therefore remain flexible. Since the bull-market trend for gold and U.S. technology stocks has not changed, there’s no need to mechanically wait for one specific time node. If the market shows a clear pullback over the next few weeks, you can also consider gradually increasing allocations to stocks and gold even before the Fed meeting.
(1) Gold is still the clearest overweight direction. Whether the Fed ultimately pivots toward easing to improve liquidity, or recent policy missteps damage the dollar’s credibility, the medium-term logic for gold has not changed. Pullbacks can instead provide opportunities to add.
U.S. stocks can also be added on dips, especially the tech sector. The AI industry trend has not reversed. Recent adjustments are more driven by pressure from capital and sentiment rather than a fundamental deterioration in earnings. If policy and liquidity pressures ease, high-valuation assets may actually have greater rebound resilience.
(3) Don’t rush to bottom-fish U.S. Treasuries. In September, AI financing needs and the risk of rate hikes may continue to disturb yields on the long end, and certainty for long-dated bonds is lower than for gold and stocks. Rather than betting on a rapid decline in long-end yields, the stance in this report on U.S. Treasuries is more neutral; it’s better to patiently wait for policy risk and supply pressure to ease.
Dollar-cost averaging on dips with investment targets such as $BNB , $BTC, $ETH, $SOL, $SPCX, $AAPL, $TSLA, $NVDA, etc., are all solid trading strategies.
$SPCX.US
$SKHY.US