10 Minutes Weekly Picture: A Relief Rally In The Bear Market Narrative As Inflation Slowed, Treasuries Recorded Third Week of Gains Reviving Optimism, Trading Ideas: $AN, $FNKO (31st May 2022 – 3rd June 2022)
By Jeff Sun Trading  •  May 30, 2022
US markets is closed on Monday in observance of Memorial Day. As the turbulent month in equity markets is drawing to a close, investors will be looking ahead to Friday’s nonfarm payrolls report which could help set the market tone for June. There has been a shift in the sentiment of the market but it remains unclear if it is a temporary or more permanent shift. Various points of interest have new bearings that have the stock market in a better place at the end of last week than it has been in some time. Recent encouraging economic data has fueled hopes that the Federal Reserve will be able to tighten monetary policy without tipping the economy into recession. Here’s what you need to know to start your week.   1. Stocks to extend recovery? U.S. equity markets rallied on Friday, with all three major indexes snapping their...
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By Jeff Sun Trading
Jeff Sun is a independent trader, an accredited investor (Securities and Futures Act, Singapore), and an avid private/public equity real estate, and specialist builder engineering firms investor, with Certified Financial Technician (CFTe) accreditation by the International Federation of Technical Analyst; and graduand of (with distinction) Institute of Trading and Portfolio Management.

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