Weedkly Update - Feb 17, 2024
Last week, The US stock market continues its upward trend, centered on the AI and Semiconductor sectors. Increased additional shares of Microsoft and Apple. - If Microsoft admits that the recent Bloomberg news is true, expect its stock to soar. - Apple opens up the world of XR with Vision Pro. Althogh the market may have doubts about Apple's vision, I believe thy can move forward with its strong customer loyalty into the next chapter of devices Next week, Investors are considering two expects after the US Consumer index began to weaken late last week. One is that the economy could fall into a recession, and the other is that the Fed will soon have no choice but to start cutting interest rates to prevent a recession. The former can cause stock prices to fall, while the the latter can do the opposite. Every investors are prepared to accept two senarios. Stock prices plummet due to signs of an economic recesion, and stock prices soar due to interest rate cuts. Need to keep an eye on the maket with trading strategies.