The position of the major indices
The positions of the weighted stocks were sorted out last week, so let's take a look at the positions of the major indices today. The lowest point in this round of the bear market was 0%, and the highest point before the bear market was 100%. Taking the corresponding ETF as an example, how much has it rebounded so far?
S&P 85% $SPDR S&P 500 ETF (SPY.US)$
NASDAQ 85% $Invesco QQQ Trust (QQQ.US)$
Russell 2000 43% $iShares Russell 2000 ETF (IWM.US)$
Giant Fang+ 99% $Bank Montreal Que Microsectors Fang+Etns 08/01/2038 (FNGS.US)$
So currently only the Russell 2000 is seriously underestimated.
Looking at the weekly level, this section is all about the weekly line, not the daily line ha. IWM has lowered the MA200 several times, and they have all been pulled up, confirming that the support is effective. The MA200 continues to move upward, and the support position is getting higher and higher. The MA60, which was once above, is rapidly declining, has been stabilized, and has begun to turn upward, changing from pressure to support. The MA120 is still on the top and is constantly declining. Currently, they are attacking this position again. Once they break through, they will open up more upward space.
On the other side of the daily line, the moving average has already closed, forming an upward synergy, a classic bullish pattern. As long as it does not fall below the MA200 daily average, the current upward trend will not change.
Bought it last week $Lockheed Martin (LMT.US)$ It's a great start today. I added a few more positions in the morning. Currently, I have the largest position I hold. What is currently lacking between the US and China is trading volume, but after all, it's only been half a day to see how much we can reach when the market closes. If there is an obvious upward trend in volume, then it has stabilized. Even if it falls again after a few days, it is a rebound. If you don't have the amount, watch out for fake breakthroughs.
$Target (TGT.US)$ It was hard to see last Friday. It plummeted all the way this morning, so I decided to wait for an opportunity to stop losing. Then I pulled it up, and I quickly sold some around 130. Think of it as a failure to read the bottom. It seems that the retail industry is still really not working; it can't be helped. If retail doesn't work, the US economy's thunderstorm is still there; sooner or later, a recession will come.
After the blonde girl, there are three bears.
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高贵的阿德莱德 OP : If you buy LMT before reporting earnings, does that count as gambling on earnings reports? Actually, I can't understand it that way either. I've always had an opinion: data is data, interpretation is interpretation. It's hard to be frightened by financial reports for companies that protect revenue from droughts and floods, such as arms, so the right to interpret is the most important thing. Regardless of the financial data, stock prices can rise as long as they want to rise; they can fall if they want to fall. So since they came out of the prototype of the bullish pattern before the earnings were reported, let's ambush them and take a look. Maybe smart money has already ambushed financial reports. The worst result is that the agency boosts shipments before the earnings report; that is even a fake breakthrough. But look at this stock price, it's been almost a year since it's been trading sideways, and it's not that expensive; on the contrary, NVDA seems to be raising the shipment to cut chives. OK, stop loss is set to 459 for the time being. I wish myself the best of luck and make back the money I lost by TGT.
decisive Beaver_4398 高贵的阿德莱德 OP : No right or wrong . But war is still on. Weapons not enough . Lmt is one of the leader .unless lmt don’t hold any technology .
.@高贵的阿德莱德