What to read today???
Regarding the current short-term view, I still expect it to increase further. We will prioritize going Long from now until Thursday because there aren't many significant macroeconomic news during these days (excluding GDP as this is just a revision - explained in the Weekly Important News article)
During the weekends, we should sit out, here's why:
👉 Firstly, on Friday there is PCE inflation data; if the data deviates, it will cause investors to panic, and they will gradually take profits since it is the last trading session of the week (the market may decline).
👉 The second important thing to note is that during the weekends, it is very close to the day Trump announces the counter tariffs (April 2); the market will be affected by two sentiments: some still expect an increase and the market will ignore the tariffs, while others expect a decline because Trump's tariff policy is very stringent.
Therefore, it will be difficult for us to grasp the general sentiment of investors during that time => It is best to sit out and wait to see the results of the tariff policy.