The village chief said 11.09 market analysis, what to watch this week and what to watch today
Preface
Bond markets are betting on a dovish policy turn for the seventh time since the Federal Reserve and other major central banks began a tightening cycle. Federal Reserve Director Jerome Powell hinted that the current rate hike cycle may be nearing its end. Signs of weakness in the U.S. job market have further enhanced market optimism. The market currently expects the Federal Reserve to cut interest rates by 92 basis points next year. The time for the first interest rate cut has also been advanced to May from the previous June.
Market review
Now whether the market trend depends on the morning, who is buying big cakes early in the morning? It is worth pondering. (The time difference between Central Asia and ours is 4 hours) The local tycoons are making efforts and the big cakes have reached new highs. Encryption The overall market value of the market has reached 1.43 trillion US dollars, which is close to half of the market value of the last bull market. If someone had told me half a month earlier that it would reach 1.43 trillion US dollars in November, I would have thought that it had not woken up. The fact is that it happened , a bit magical, is a big bull market really coming?
The editor's personal opinion: No, it may be the last round of outbreak, but its end point is 36880, whether it is 38000 or 40000, it depends on market sentiment. Now the editor is not sure. At this stage, the editor dares to go short but dare not go long. The reason is: very simple, it is still the end of the bear, not the beginning of the bull, or lack of liquidity, and the market is not busy (the group the editor is in, There are still not many people chatting, I haven’t heard too many myths about getting rich, and there aren’t many myths coming out.) The editor is very afraid that the market will stop suddenly. Be cautious when going long, we are still in the interest rate hike cycle, balance sheet reduction has not stopped, the external financial environment is not good, and the real economy is average.
It’s better to wait and see. The classic way to survive is the end of bears and the beginning of bulls. Fixed investment and average price is the way to go.
The two cakes reached a maximum of around 1930, and then... . . . Some new and old altcoins began to take turns, but more of them were rotating, rising slightly, and there was no general rising market. This shows that there are still not many leeks in the market, and there are not many people buying altcoins. It is worth saying that the contract market has exploded again. US$120 million can be regarded as the banker's standing income.
Today’s highlights and this week’s views: This week’s views surged higher and fell sharply.
Let’s see if the market can rise above 37,000 and reach 38,000 or even higher. Let’s look at 33,600-32,800 for a pullback.
Erbing today looks at 1800-1880. The article is a personal opinion and does not constitute investment advice.