Cow Moo-ney commented on a stock · Jan 25, 2023 23:06

Are you chasing this rally?

How many of you are chasing this rally?

Gentle reminder: bear market rallies can be very convincing. It can convince the bulls that we are at the start of a bull run. It can also convince the bears that the bear market is over and it is time for them to go long.

I am still a lil reserved for the current rally by the various tech stocks, or even S&P500. That said, charts do not show much bearishness, yet..

Don’t get me wrong. I am a long term investor and I am enjoying this mini bull run. But I thought it is good to keep things in check at times.

Big Tech Earnings - Extended Tech-Stock Rally?

From YouTube

$SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ $Invesco QQQ Trust (QQQ.US)$ $ProShares UltraPro QQQ ETF (TQQQ.US)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ $Tesla (TSLA.US)$ $Microsoft (MSFT.US)$ $Apple (AAPL.US)$ $NVIDIA (NVDA.US)$ $Advanced Micro Devices (AMD.US)$

Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more

Translate

Report

101K Views

Comment

151668307 : Wonder if the current oil price will bring inflation back?

Report
Reply

Cancel Reply

Cow Moo-ney

Successful investing is about managing risk, not avoiding it. DYODD Support my YouTube channel: Jay el

5660Followers

42Following

27KVisitors