September FOMC did not surpirse us. Even if the Fed showed a hawkish attitude rarely seen since the outbreak, it failed to intimidate the stock marketplace.
Although the details and speed of each narrative development are different, the cycle is never absent. It is known that taper will happen in the future, followed by increasing interest rates; the stock market can not avoid a correction. Historical experience shows that in the next stage, the index will fluctuate or fall by 15 to 20 percentage points. High-cap, high-quality stocks significantly outperformed small-cap stocks in the last several months as a support for the broader market, which enhances our view that there won't be overall opportunities in the stock market. Still, structural chances are in the coming stage. Therefore, investment tends to become more complicated and more dependent on the screening of individual stocks.
Of course, the above situation may not happen. What if massive economies like the United States and China start substantial fiscal stimulus again to maintain various economic indicators?
In addition to the stocks recommended in the "October Bullish Stocks", such as $UBER and $FCEL, which have risen more than 10%, we also recommend $CCL and $V.
Although the details and speed of each narrative development are different, the cycle is never absent. It is known that taper will happen in the future, followed by increasing interest rates; the stock market can not avoid a correction. Historical experience shows that in the next stage, the index will fluctuate or fall by 15 to 20 percentage points. High-cap, high-quality stocks significantly outperformed small-cap stocks in the last several months as a support for the broader market, which enhances our view that there won't be overall opportunities in the stock market. Still, structural chances are in the coming stage. Therefore, investment tends to become more complicated and more dependent on the screening of individual stocks.
Of course, the above situation may not happen. What if massive economies like the United States and China start substantial fiscal stimulus again to maintain various economic indicators?
In addition to the stocks recommended in the "October Bullish Stocks", such as $UBER and $FCEL, which have risen more than 10%, we also recommend $CCL and $V.