đ¨ Key turning point may come for U.S. stocks tonight! After the rate hike is finalized, should contracts go long or short?
The Fed officially raised rates by 25 basis points last night, bringing the interest rate range to 3.75%ď˝4.00%. The latest rate projections also show there is still room for further rate hikes this year. This means the market is no longer focused on the question of âwhether the Fed will hike,â but instead onââhow many more times will the Fed raise rates?â (Federal Reserve System)
After the rate hike announcement last night, U.S. stocks were under pressure for a time: the Dow fell about 1.2% and the S&P 500 dropped about 0.45%. But pre-market sentiment tonight has clearly improved. Currently, Nasdaq and S&P 500 futures have both rebounded. In addition, oil prices have pulled back, and Treasury yields have cooled off from their highsâgiving risk assets a chance to catch their breath. (Reuters)
đ My trading plan for tonight: first look for the rebound, but donât chase it.
If after the open Nasdaq / S&P 500 can hold onto the pre-market gains, and Treasury yields continue to fall, then in the short term, it may be best to prioritize looking for pullback-long opportunities in tech stocks, semiconductors, and high-beta names.
However, keep in mind: the Fedâs stance this time is still somewhat hawkish, and the market has even started pricing in the possibility of the next rate hike. (Reuters)
So if tonight shows a high-open/low-close pattern along with yields rising again, be carefulâbulls may only be seeing a temporary rebound. In that case, the contract direction could shift to waiting for short opportunities after the rebound hits resistance levels.
đĽ Donât rush to guess the top or the bottom tonightâlet the direction after the open tell you the answer first.
After a rate hike, price action usually comes with high volatility. Controlling leverage and setting stop-losses is more important than simply guessing long versus short.
$SNDK $MUU $SPCX
đ If youâre preparing to trade tonightâs market, you can click below to enter the trading platform and capture the volatility opportunities after the rate hike!
The Fed officially raised rates by 25 basis points last night, bringing the interest rate range to 3.75%ď˝4.00%. The latest rate projections also show there is still room for further rate hikes this year. This means the market is no longer focused on the question of âwhether the Fed will hike,â but instead onââhow many more times will the Fed raise rates?â (Federal Reserve System)
After the rate hike announcement last night, U.S. stocks were under pressure for a time: the Dow fell about 1.2% and the S&P 500 dropped about 0.45%. But pre-market sentiment tonight has clearly improved. Currently, Nasdaq and S&P 500 futures have both rebounded. In addition, oil prices have pulled back, and Treasury yields have cooled off from their highsâgiving risk assets a chance to catch their breath. (Reuters)
đ My trading plan for tonight: first look for the rebound, but donât chase it.
If after the open Nasdaq / S&P 500 can hold onto the pre-market gains, and Treasury yields continue to fall, then in the short term, it may be best to prioritize looking for pullback-long opportunities in tech stocks, semiconductors, and high-beta names.
However, keep in mind: the Fedâs stance this time is still somewhat hawkish, and the market has even started pricing in the possibility of the next rate hike. (Reuters)
So if tonight shows a high-open/low-close pattern along with yields rising again, be carefulâbulls may only be seeing a temporary rebound. In that case, the contract direction could shift to waiting for short opportunities after the rebound hits resistance levels.
đĽ Donât rush to guess the top or the bottom tonightâlet the direction after the open tell you the answer first.
After a rate hike, price action usually comes with high volatility. Controlling leverage and setting stop-losses is more important than simply guessing long versus short.
$SNDK $MUU $SPCX
đ If youâre preparing to trade tonightâs market, you can click below to enter the trading platform and capture the volatility opportunities after the rate hike!