$AMC Entertainment(AMC)$Updates on FED FOMC:
- Bullish outlook in US market till march 2022
- Tapering starts in March 2022
- Covid 19 not an issue at the moment except for delta variant
- China and US taiwan issue
Overall personal opinion:
- so far i do not see any negative catalyst as Jerome Powell has addressed all the negative catalyst in a well spoken way.
- AMC short interest continues to pile up even more than in May 2021.
- Jerome Powell triple confirm that covid 19 though is an issue but US will overall overcome it and become stronger.
- Dip before the RIP embrace!
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