US Stock Market/ETF Discussion

[No guessing game]

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powell say no rate cuts planned right but market alr say they factor this in

i feel nowadays too much info compared to last time so market will anyhow react coz no single source of truth or authority

[GhostZM]

powell say no rate cuts planned right but market alr say they factor this in

i feel nowadays too much info compared to last time so market will anyhow react coz no single source of truth or authority

Key thing was he said no plans to hike rates..lol


CheerS!!!😉

[No guessing game]

powell say no rate cuts planned right but market alr say they factor this in

i feel nowadays too much info compared to last time so market will anyhow react coz no single source of truth or authority

Whatever he said now is of no guarantee can change according to the data

[No guessing game]

Think market is rebounding confirm with other indicators.
dead cat bounce or not not sure so be conservative

[Philipkee]

I am planning to buy more yieldmax and defiance ETF for the dividends

[Isibeihaolian]

@Nevereatrice and @GhostZM

Is iwda recommended? Tiagong it's the copy of real s&p500.

[No guessing game]

@Nevereatrice and @GhostZM

Is iwda recommended? Tiagong it's the copy of real s&p500.

 u need do your  homework about their fees there many etfs on the market

[GhostZM]

@Nevereatrice and @GhostZM

Is iwda recommended? Tiagong it's the copy of real s&p500.

Can't answer as I dun trade or monitor etfs..

My advice is just monitor the mkt for now..dun FOMO in


CheerS!!!😉

[Isibeihaolian]

Can't answer as I dun trade or monitor etfs..

My advice is just monitor the mkt for now..dun FOMO in


CheerS!!!😉

u need do your  homework about their fees there many etfs on the market

ok thank you!

[No guessing game]

ok thank you!

Aug best month to enter? Now lelong dyodd

[Shiori]

US Futures are plunging at this moment

Even gold and silver are dropping

[No guessing game]

Chicago Federal Reserve President Austan Goolsbee on Monday vowed that the central bank would react to signs of weakness in the economy and indicated that interest rates could be too restrictive now.

Asked whether weakening in the labor market and manufacturing sector could prompt a response from the Fed, Goolsbee did not commit to a specific course of action but said it doesn't make sense to keep a "restrictive" policy stance if the economy is weakening.

"The Fed's job is very straightforward, maximize employment, stabilize prices and maintain financial stability. That's what we're going to do," the central bank official said during an interview on CNBC's "Squawk Box" program. "We're forward-looking about it. So if the conditions collectively start coming in like that on the through line, there's deterioration on any of those parts, we're going to fix it."

The interview occurred with markets in turmoil.

Futures tied to the Dow Jones Industrial Average were off nearly 1,300 points, or close to 3%, as Treasury yields plummeted. The moves continued a downward trajectory that began Thursday, a day after the Fed opted not to lower interest rates, raising concerns that policymakers were behind the curve as inflation falls and the economy weakens.

Those fears were heightened Friday when the Labor Department said nonfarm payrolls increased by just 114,000 and the unemployment rate climbed to 4.3%, triggering a signal known as the Sahm Rule that the economy could be in recession.

However, Goolsbee said he doesn't believe that to be the case.

"Jobs numbers come in weaker than expected, but not looking yet like recession," he said. "I do think you want to be forward looking of where the economy is headed for making the decisions."

He also said, though, that Fed policy is restrictive now, a position it should only be in if the economy looks like it's overheating. The central bank has kept its benchmark rate in a range between 5.25%-5.5% since July 2023, the highest level in some 23 years.

"Should we reduce restrictiveness? I'm not going to bind our hands of what should happen going forward, because we're still going to get more information. But if we are not overheating, we should not be tightening or restrictive in real terms," he sad.

Policymakers have been focused on the "real" fed funds rate, which is the Fed's benchmark minus the inflation rate. As inflation declines, the real rate increases — unless the Fed chooses to cut. The real rate now is around 2.73%; Fed officials judge the long-term real rate to be closer to 0.5%.

Markets expect the Fed to head into an aggressive easing mode, starting in September with a 0.5 percentage point rate cut that is now fully priced in as measured by 30-day fed funds futures contracts. Traders expect the Fed to slice 1.25-1.5 percentage points off the funds rate by the end of the year, according to the CME Group's FedWatch Tool.









I already said way back in July August typically a month weak for stocks just nice coupled by index correction then also just nice weak unemployment data last month sparked the stupidity of ppl spreading rumors of recession based on weak ism/unemployment data last month.
It had been a mixed bag over the past few months
Anyway I played along in edmw hope the lan joao langs will cut loss 😂

[Isibeihaolian]

Aug best month to enter? Now lelong dyodd

Thank you NER

[Isibeihaolian]

Aug best month to enter? Now lelong dyodd

Cspx charges lesser tax, but less liquidity  if it were u which one will u pick