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On September 14th, Honor officially announced the release of its new generation Qinghai Lake Blade Battery, which achieves an energy density of 1000Wh/L and a silicon content of 40%, with a battery capacity of 11000mAh. It will debut in the Magic9 series.On September 14th, Goldman Sachs adopted a more hawkish stance towards the Bank of England, predicting a 25 basis point rate hike in November if inflation persists and economic growth remains stable. Previously, the bank had expected the Bank of England to keep rates unchanged throughout 2026. Goldman Sachs analysts stated in a report, "Wholesale energy prices have risen sharply in recent weeks, with overall inflation exceeding the central banks expectations, while economic data has been strong." Rising energy prices have further exacerbated market concerns about the UK inflation outlook. However, in line with market expectations, Goldman Sachs expects the Bank of England to maintain its benchmark interest rate at 3.75% at its meeting on September 17th. Furthermore, the institution stated that the Bank of England may keep rates unchanged after the November hike, as falling energy prices reduce the need for further tightening, followed by rate cuts at the end of 2027. LSEG data shows that traders expect the Bank of England to raise interest rates by 47 basis points by the end of this year.September 14th news: From September 7th to September 13th, the national logistics operation data is as follows: National railways transported 82.651 million tons of freight, a 6.1% increase compared to the previous period; 58.467 million trucks passed through national expressways, a 2.98% increase compared to the previous period; monitored ports handled 270.168 million tons of cargo, a 0.27% decrease compared to the previous period, and 7.15 million TEUs of containers, a 2.57% increase compared to the previous period; civil aviation handled 122,000 flights (including 5,193 cargo flights, comprising 3,170 international cargo flights and 2,023 domestic cargo flights), a 1.33% decrease compared to the previous period; postal and express delivery collection volume was approximately 4.065 billion pieces, a 0.47% decrease compared to the previous period; delivery volume was approximately 4.068 billion pieces, a 0.51% decrease compared to the previous period.ExxonMobil (XOM.N) executives: LNG infrastructure has boosted market confidence, and the market is expected to rebalance quickly.On September 14th, the International Electrotechnical Commission (IEC) released the international standard "Distributed Multi-Energy Systems Part 1: General Principles," led by my country. This standard, drafted by a working group convened by Chinese experts and jointly developed with experts from 10 countries including Switzerland, France, and South Korea, represents another significant achievement for my country in the internationalization of smart energy standards. This international standard systematically defines the connotation and typical architecture of distributed multi-energy systems for the first time, clarifies the standardization development path in the future field of multi-energy integration, and includes typical global engineering application cases, providing a unified reference for the construction of integrated energy projects worldwide.

S&P 500 Price Forecast – Stock Markets Give Up Early Gains

Cory Russell

Dec 29, 2022 14:37


Technical Analysis of the S&P 500

Initially attempting to rise during Wednesday's trading session, the S&P 500 eventually gave up gains and lost momentum due to the thin markets' lack of current interest. The 3800 level underneath should be sustained, but if we decline below that, it would be possible to slide considerably lower, maybe as low as the 3700 level.


At this point, rallies ought to be fading, therefore the 3900 level and the 50-Day EMA can serve as a ceiling from which to resume shorting. When signs of fatigue start to surface, they will be pounced on, and I won't think twice about shorting them. Because of this, I believe that the market will continue to be negative, although it's possible that unreliable money managers may attempt to pad their books towards the end of the year. This is a frequent occurrence since they must at least demonstrate to their customers that they possess the "proper stocks."


It appears like Wall Street will sometimes need a reminder that the Federal Reserve is dead serious, which is an issue that the Federal Reserve itself caused by coddling traders for 14 years, so I believe it's just a matter of time until we continue to go lower. In light of this, I am prepared to short this market gradually during rallies and when it begins to show symptoms of tiredness. However, at this time of year, I am not expecting for large swings, so you must see this through the lens of short-term trading.