Daily Report | 21 September 2022
S&P 500 failed to close above the Strong Support level of 3,900, in a row in three trading days. Investors began to
S&P 500 failed to close above the Strong Support level of 3,900, in a row in three trading days. Investors began to
Yield UST2Y nears 4%, investors anticipate Earnings Results 3Q22. Wait and see ahead of this week's FOMC results, making
Risk-Off stocks, Risk-On bonds, investors focus on economic recession. Wall Street stocks consistently move in the Red
US Retail Sales August grew +0.3% MoM, as energy costs fell for the period. Wall Street briefly rose before closing
Amid positive sentiment of producer-level deflation, Nasdaq rose 0.7% after falling more than 5% on Tuesday. US MoM
FFR Predicted to Rises +100Bps, Core Inflation approaches 7%. Dow Jones fell 1,200 points, a risk-off as technology
September 2022 seen as the peak of the Fed's Hawkish stance, Wall Street consistently moved in the Green at the
Technical rebound ahead of August CPI data. Nasdaq gained more than 2%, leading Wall Street's gains ahead of Aug. US CPI
Lowest jobless claims in three months put emphasis on the strength of the labor market, even after the Fed raised FFR by