Have the markets found a bottom?
My answer to that is:
I can't really explain why but it's just based on an illogical feeling. It just doesn't feel right .
From my logical reasoning, the markets seem to have found a bottom already based on the Technical Analyst .
$SPDR S&P 500 ETF (SPY.US)$
$SPDR S&P 500 ETF (SPY.US)$
It has passed the 50 MA & it seem like an uptrend .
It seem logical that it should be an uptrend as the past few days of the week has proved that the bear 🐻 is constantly being beaten by the bull 🐮 in the last few trading hours . However, it just doesn't feel right. I think I will wait for another week & see if there is a clearer picture 📸. Who knows, I can be right ✅️ or wrong ❌️.
It seem logical that it should be an uptrend as the past few days of the week has proved that the bear 🐻 is constantly being beaten by the bull 🐮 in the last few trading hours . However, it just doesn't feel right. I think I will wait for another week & see if there is a clearer picture 📸. Who knows, I can be right ✅️ or wrong ❌️.
How do u to place ur money 💰?
Firstly, for Singaporean, if ur CPF is low, I suggests u filled up the lifetime requirement sum 1st before making any high risk investment.
Unfortunately, that's compulsory, something like protection fees... especially ur MA account.
For investing, I think u can just DCA on the $SPDR S&P 500 ETF (SPY.US)$ index if u are a not so daring investor. I think it should perform better than funds over years, generally .
If u are already holding large positions on good company stocks in the 1H22 bear 🐻 market & u are those not so daring investors, I think DCA strategy is a better choice for u . (For me, I'm timing the market=❌️ DO NOT follow as I'm doing it at my own risk = I'm desperate for & I may loss some extra profits gain. It's based on ur torrent level .)
Firstly, for Singaporean, if ur CPF is low, I suggests u filled up the lifetime requirement sum 1st before making any high risk investment.
Unfortunately, that's compulsory, something like protection fees... especially ur MA account.
For investing, I think u can just DCA on the $SPDR S&P 500 ETF (SPY.US)$ index if u are a not so daring investor. I think it should perform better than funds over years, generally .
If u are already holding large positions on good company stocks in the 1H22 bear 🐻 market & u are those not so daring investors, I think DCA strategy is a better choice for u . (For me, I'm timing the market=❌️ DO NOT follow as I'm doing it at my own risk = I'm desperate for & I may loss some extra profits gain. It's based on ur torrent level .)
In an expected long period bearish market = hold strong stable company stocks
In an expected long period bullish market = hold growth company stocks
In an expected long period bullish market = hold growth company stocks
DYODD before investing
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whqqq : You always post very detailed and useful articles.Thanks!
Milk The Cow OP whqqq : np