Looking Ahead

The QT for 3 months (from June till Aug) at half size 95b will be straining the market, interest rate hikes also will add to the burden of many enterprises borrowing from the bank or even in the bonds market.

June might not be such a bad month as it's a quarter end, but July and August will see great impact to the stock and bonds market.

Again Sept, after seeing substantial decline in the markets, will recover a bit towards quarter end.

This is my view of the market before any changes in parameters mentioned above.

Fed Meetings 2022

Fed Meetings

May 3-4

June 14-15

July 26-27

Sept 20-21

Nov 1-2

Knowing when meetings are held can give you an idea when to book your trading positions and their size.

Casino stocks not investable

Stay away from these stocks, they are no longer worth investing for the near future to medium term.

The Covid policy on the Mainland will no longer provide impetus for these stocks to grow.

Only if HK Macau opens border without affecting Macau Mainland border movements, ongoing restrictions can hardly give these stocks a thumbs up to invest.