The November 2024 FOMC meeting cut rates by 25 basis points as the market expected, with the target range adjusted to 4.5%-4.75%.The Fed adopted a more flexible monetary policy in response to the current economic situation.Powell emphasized the complexity of the current job market and inflation situationIn the meeting statement, the Federal Reserve's description of the job market from "slowdown" to "general easing", and at the same time the statement on inflation was also fine-tuned to remove the expectation that inflation will continue to declineThese changes reflect the Fed's assessment of the economic situation has been adjusted, but overall did not deviate from its objectives.Future monetary policy will depend on changes in economic data rather than a predetermined path.This open-ended
$Taiwan Semiconductor Manufacturing(TSM)$, the crown jewel of Taiwan’s tech industry, is at the forefront of the global semiconductor supply chain. Recently, Taiwan’s Ministry of Economic Affairs (MOEA) made headlines by announcing that TSMC is prohibited from producing its cutting-edge 2-nanometer (nm) chips outside of Taiwan. On the surface, this may seem like a restrictive move that limits TSMC’s international expansion. However, I believe it’s a calculated and strategic decision that reflects the intricate balance of power in global geopolitics, technology, and national security. Here’s why this move is not only smart but also pivotal for Taiwan's defense.Minister of Economic Affairs J.W. Kuo speaks at a meeting of the legislature’s Economics C
$Taiwan Semiconductor Manufacturing(TSM)$, the crown jewel of Taiwan’s tech industry, is at the forefront of the global semiconductor supply chain. Recently, Taiwan’s Ministry of Economic Affairs (MOEA) made headlines by announcing that TSMC is prohibited from producing its cutting-edge 2-nanometer (nm) chips outside of Taiwan. On the surface, this may seem like a restrictive move that limits TSMC’s international expansion. However, I believe it’s a calculated and strategic decision that reflects the intricate balance of power in global geopolitics, technology, and national security. Here’s why this move is not only smart but also pivotal for Taiwan's defense.Minister of Economic Affairs J.W. Kuo speaks at a meeting of the legislature’s Economics C
$GameStop(GME)$ $GME highest open interest & net gamma at $25 strike. Next level $27-28 if it pushes through resistance. I'll probably regret selling at top for the day May trade again. @Shernice軒嬣 2000
$.SPX(.SPX)$ : Price action shows signs of consolidation considering the candle that presents an intra day retrace from the highs. Since this is the second day in a row above the higher Bollinger band, and the oscillator entered in overbought zone, the prospects of a visit to the 20DMA are higher. The gap is in the 20DMA zone.Did you miss the rally today? No worries the rally was only +0.38%Image $iShares Russell 2000 ETF(IWM)$ - Also in the club of Bollinger rebelsAs presented before for $.SPX(.SPX)$ and $NASDAQ 100(NDX)$ , price action is above the higher band, and Small Caps have the biggest gap of all the indexes. Will