Market Review and Trends
10 Minutes Weekly Picture: Market Rebound Faces Key Inflation Test, Crude Oil Futures Pass $120/bbl mark, Trading Ideas: $EE, $AN, $FNKO (6th June 2022 – 10th June 2022)
By Jeff Sun Trading  •  June 6, 2022
The first week of June was a short one, but it ended up being long on disappointment as the major indices couldn’t build on the prior week’s strong gains. Instead, they fell victim to renewed selling interest that was a byproduct of concerns about the economic outlook, earnings outlook, and monetary policy outlook. This week brings CPI reports in the U.S., as inflation remains the biggest concern at the Fed and other central banks. And with oil prices closing higher last week and a bevy of corporate rumblings over storm clouds ahead, reminders abound that a soft economic landing may be difficult to realize, no matter how strong the consumer is. Here’s what to watch in the markets for the week ahead: 1. U.S. CPI Report Friday’s U.S. CPI report for May comes a few days before the next Federal Reserve meeting, and will act as a final input before the Fed...
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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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