TQQQ - Needs a cool-down!
-After the FED's tapering boost talks this week and the possible rate hike in the mids of next year, the market got into a confusing situation where the Nasdaq and SP500 tries to understand whether to keep it low-key or to continue rising.
-So far it looks like the market needs some time to process the financial consequences of inflation, printed stimulus money, and the COVID-19 as a whole.
-FED will do anything possible to bring the missing workers back into the labor force to keep the economy growing. To do so they might delay the inflation which will damage regular people's pockets even more. The point here is to drain the working class people's savings so that they will have to come back to work.
-The bleeding pockets of working-class will spit some blood on markets too. Let's wait and see how it goes but for now, we don't expect any rise on the Nasdaq side, maybe just tumbling around the current levels.
-So far it looks like the market needs some time to process the financial consequences of inflation, printed stimulus money, and the COVID-19 as a whole.
-FED will do anything possible to bring the missing workers back into the labor force to keep the economy growing. To do so they might delay the inflation which will damage regular people's pockets even more. The point here is to drain the working class people's savings so that they will have to come back to work.
-The bleeding pockets of working-class will spit some blood on markets too. Let's wait and see how it goes but for now, we don't expect any rise on the Nasdaq side, maybe just tumbling around the current levels.
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