Australia ASX is 12 hours ahead of the US S&P500 so when you bought on Fiday, you are buying 12 hours before the event. We may not see a dramatic rise on Monday, because the market is looking forward and try to determine what will happen in the US 12 hours later. Short term trading is risky, but if you have a longer term view, short term movements don't concern you. The FED has no choice but to fight inflation, they do this by raising rates to reduce demand. The FED's objective is to try to deflate the market without crashing it, this is a virtual guarantee that BBUS will rise over the long term. You can compare BBUS to a gold mining stock, for years it has been promising to find gold, but has not been able to do so, but now (as the S&P starts to deflate) it's starting to find a few viens, this would be the time take a position as the prospects have improved. If the FED manages to deflated the stock market at a steady rate then the worse scenario is a 20% rise in your holdings over the next year or two. It is possible for the market to go higher, but if that happens so does inflation. In theory BBUS has the FED working for them.
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