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Writer's pictureAda Tam Ying Ying

Date : 6 May 2024 : My view in May

With coming FOMC on June 11-12, Markets bets on US interest rate cut in June meeting. But stepping into the month of May, I think the market will have to correct as more and more companies done wit their Q1 earnings.




 

My positions:

I long some short ETF and derivation on indexes and will close the position by end of May, and will swithc back to long again


In the month of May, property and REIT play can be happening and some upside may be observed. But be careful of second half of May, as the property sector may pull back if there's any upside in first half in the same month.








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