Meeting Summary (youtube.com/live/0RmF6Ei-VaM)
1. Analysed economic data and market trends ahead of the FOMC meeting.
2. Presented data showing inflation expectations have often been lower than actual inflation over the past year, indicating persistent inflation.
3. Expecting Jerome Powell’s hawkish commentary could negatively impact markets.
4. Provided technical analysis on major stock indices and upcoming earnings, recommending caution on most stocks except Microsoft and IBM, which showed some positive signals.
Next Steps
1. Monitor the FOMC meeting and Jerome Powell’s commentary for potential market impact.
2. Consider booking profits on long positions before the FOMC conference.
3. Watch $MSFT Microsoft stock for a potential long position if it clears $452.
4. Monitor $Meta stock for potential downside, given recent option activity.
5. Exercise caution with $TSLA Tesla stock, as current analysis suggests a bearish outlook.
6.Consider long positions on $IBM if the market dips due to FOMC commentary.
7. Keep an eye on Bitcoin for possible reactions to FOMC discussions about crypto.
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