Cow Moo-ney commented on a stock · Jul 31, 2023 19:07

Quick thoughts to wrap up July

I would say it has been a good month for the stock market as both S&P500 and Nasdaq are on its way to 5th consecutive positive months.

Additionally, we have seen stocks and industries out of the magnificent 7 joining the rally - that’s good news for the bulls.

If bears still have something to fight for, it’s Aug and Sep that they are looking at as we are about to enter a seasonal bearish period.

But will you want to fight this uptrend? I wouldn’t though, till it’s proven that the trend is reversing.

US Stock Market Outlook - Aug 2023 + FREE Options Trading Spreadsheet

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Cow Moo-ney

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

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