The release of FED Nov meeting minutes might be the best news that bulls want to get. By signaling the end of rate hike is near, FED effectively gives stock market green light.
In the wake of market breaking out all technical barries and seasonal strong period, this news could not come out at better time.
On top of that, we see better projection of holiday retail sales, stable oil price, and funds buying big techs (like INTC, CSCO and MSFT). And per CNBC, a big mutual fund is ready or is buying INTC and techs.
When the train of stock market is moving, the best you can do is ride on it and enjoy the ride.
FED is giving green light to market?
所有跟帖:
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big techs all had big volume today
-ntrader-
♂
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11/22/2005 postreply
13:57:40
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They are safest to go
-xyz2001-
♂
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11/22/2005 postreply
14:06:59