Market Update - 9/22/2024
• equities positive after rate cuts, but
•
TLT sold off and energy was the best performing sector this week, along with other commodities, might signal expectation of inflation picking back up and the FED having to keep rates higher
• the 50bp cut is also something that would be fueling inflation, as long as the economy doesn't go into recession
• changed my strategy and watchlist to only focusing on the best setups and nothing else, need to reduce effort and master just one strategy
• lots of missed opportunities this week, mainly
CEG and mistakes, like 
KINS, 
CORT
• even though I'm long, the sector strength of healthcare, utilities, energy are typically not the leading ones in good economic conditions, so we could see sector rotation and money going into defensive sectors, while cyclicals underperform.
• at the same time, some semiconductors are setting up well like
NVDA, 
AMSC and 
AIRG
•
TLT sold off and energy was the best performing sector this week, along with other commodities, might signal expectation of inflation picking back up and the FED having to keep rates higher• the 50bp cut is also something that would be fueling inflation, as long as the economy doesn't go into recession
• changed my strategy and watchlist to only focusing on the best setups and nothing else, need to reduce effort and master just one strategy
• lots of missed opportunities this week, mainly
CEG and mistakes, like KINS, CORT• even though I'm long, the sector strength of healthcare, utilities, energy are typically not the leading ones in good economic conditions, so we could see sector rotation and money going into defensive sectors, while cyclicals underperform.
• at the same time, some semiconductors are setting up well like
NVDA, AMSC and AIRG
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.