Rate Of ReturnThe good news today is the retreat of interest rate hike expectations.
Semiconductors are selling off on the back of the good news.
If there is no fundamental change in logic,
significant stock price fluctuations often follow earnings reports.
$Micron Tech(MU.US) has been volatile after its earnings report,
which indicates a lack of market momentum.
Instead of gambling on ultra-short-term trades against institutional quant funds,
it's better to think about which stocks have been excessively sold off due to rate hikes,
such as $Southern Copper(SCCO.US).
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