What 阳光财经 Sunny said in this video:
- SPYbullishlong-termA day of rest after yesterday's sharp rally is acceptable; if the rest of the week climbs a bit, the index can hit a record high. If things go smoothly this year, the S&P 500 could reach 8,000 points.Source
- QQQbullishmid-termThe Nasdaq hit a record high today, led by tech stocks, making the broader uptrend more reliable; after the new high, the Nasdaq can continue to aim higher.Source
- DIAneutralThe Dow fell 0.36% today and looks weak; in a pattern of strong Nasdaq, following S&P, and weak Dow, the Dow will be the weakest of the three major indexes.Source
- GeopoliticsneutralThere are new developments in US-Iran relations with the Iranian president visiting the US; although partially denied by officials, the news has already had a positive impact on markets and pushed oil prices lower.Source
- Oil & Energynegative for stocksmid-termBrent crude fell to $98 today; if it can stay below the key $110 level, oil prices are likely to gradually decline, but if it breaks out to $130 or above, financial markets will become quite tense.Source
- InflationneutralIf oil prices stay high, inflation will remain the Fed officials' biggest headache; current inflation is similar to a year ago under Powell and may stay above 2%, which officials find intolerable.Source
- Fed Policyneutralmid-termCentral bank officials have been hawkish recently, and the Fed may gradually hike further from the 3.75%-4% range; however, the magnitude and duration of this round of hikes are expected to be limited.Source