Market update
Couple of good reports from the big tech firms are giving investors and the stock market confidence again. Stocks like Microsoft and Meta are ripping. Some other smaller tech stocks are popping too.
The recently re-ignited banking fear seems to have been brushed aside
Next week’s FOMC meeting is expected to see 25 basis points rate hike
If you’re still a bear hoping for a huge plunge in the market, good luck to you. That said, of course nothing is impossible. Market may still tank for reasons like inflation ticks up again, something cracks again, or another black swan event happens again. Only question is, what are the odds? Why not trade the current uptrend?
The recently re-ignited banking fear seems to have been brushed aside
Next week’s FOMC meeting is expected to see 25 basis points rate hike
If you’re still a bear hoping for a huge plunge in the market, good luck to you. That said, of course nothing is impossible. Market may still tank for reasons like inflation ticks up again, something cracks again, or another black swan event happens again. Only question is, what are the odds? Why not trade the current uptrend?
$SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ $Invesco QQQ Trust (QQQ.US)$ $ProShares UltraPro QQQ ETF (TQQQ.US)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ $Tesla (TSLA.US)$ $Microsoft (MSFT.US)$ $Meta Platforms (META.US)$ $Amazon (AMZN.US)$ $Apple (AAPL.US)$ $Advanced Micro Devices (AMD.US)$ $Snap Inc (SNAP.US)$ $Spotify Technology (SPOT.US)$ $Taiwan Semiconductor (TSM.US)$ $First Republic Bank (FRC.US)$ $Netflix (NFLX.US)$ $NVIDIA (NVDA.US)$ $Crude Oil Futures(SEP4) (CLmain.US)$ $E-mini S&P 500 Futures(SEP4) (ESmain.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ $E-mini Dow Futures(SEP4) (YMmain.US)$ $ARK Innovation ETF (ARKK.US)$ $Salesforce (CRM.US)$ $Oracle (ORCL.US)$ $SAP SE (SAP.US)$ $Coca-Cola (KO.US)$ $Visa (V.US)$ $PayPal (PYPL.US)$ $Snowflake (SNOW.US)$ $Sea (SE.US)$
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102254163 : All these are what is making the market so unpredictable. So many variables that could affect the market. V tricky for traders to navigate. For long term investors, just continue to dca
Cow Moo-ney OP 102254163 : Indeed. Tricky market for traders, but good opportunity for long term investors to DCA
文杰 102254163 : Do you have a lot of them?