Today I posted my two-hundred-and-twenty-seventh YouTube video: Trend of the Week Speculation and Investing
This week’s Trend of the Week: Speculation and Investing. Prior to the bank earnings and guidance numbers being released a week ago, the market was on the upswing on speculation that the Federal Reserve would indicate it would be winding down the interest rate hikes. Then, as the disappointing bank guidance numbers were released, there was a brief period of selling, not huge selling that morning, but enough to make a dent in the indexes. However, by that same afternoon, the market had returned to its prior upward trend on speculation on the Fed’s shift in rate increases was a better bet than the bank’s suggestion that there may be a recession. In other words, investors and traders decided to buy the speculative trend rather than worry about earnings numbers and guidance. This is a trend I’ll be following as stocks like Microsoft (NASDAQ: MSFT) start to set the tone for 2023. Will investors be concerned with decreased year-over-year earnings, or will they lean into the speculation that the Fed will slow interest rates and therefore move the market upward?
Here’s the link:
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