Breakout
Last week was a breakout week for a number of tech giants. We had Apple, Microsoft, Nvidia and Google hitting all time high. Their rallies have driven the overall market to all time high.
At this rate, we really don’t know how high will S&P500 hit by the end of the year.
At this rate, we really don’t know how high will S&P500 hit by the end of the year.
From YouTube
$Adobe(ADBE.US$ $USD(USDindex.FX$ $CBOE Volatility S&P 500 Index(.VIX.US$ $Sea(SE.US$ $Grab Holdings(GRAB.US$ $ARK 21Shares Bitcoin ETF(ARKB.US$ $Arm Holdings(ARM.US$ $JPMorgan(JPM.US$ $Morgan Stanley(MS.US$ $MasterCard(MA.US$ $Visa(V.US$ $Disney(DIS.US$ $SPDR Dow Jones Industrial Average Trust(DIA.US$ $Dow Jones Industrial Average(.DJI.US$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
AL 7319 : this the reason why I went from all-in tsla to all-in qqq in jan
Deep Value Kitty : Every year you have economists telling you the bubble will burst and we just getting more ATHs instead
Investing with Aaron : And somehow on Monday, Hedgies will start taking all their money away from their other companies in the S&p500, Dow Jones, Nasdaq and just dump it into only 3 companies MSFT, NVDA and AAPL. No surprise there! They are pushing real hard to short profit here to dump to over priced companies to float their egos. They are the one that create the bubbles 🫧🫧 not the retailers!
EZ_money Deep Value Kitty: when in history had it never eventually bursts? nothing continues to go up forever. every tech bubble comes to an end. A I fueled that will actually start take over more jobs the solution might end up being the problem..... like usual
Maniac Fool : I smell crash soon
71732910 EZ_money: then what happens when people can no longer afford goods and services these companies provide because they have no jobs behind this A.I. shyt? Just like Jeff Goldblum's character said in the movie Jarrasic Park "Just because you can doesn't mean that you should".
Scapey T Goat :
EZ_money 71732910: most good paying jobs are getting laid off. it's the cheap labor jobs that don't paid enough to survive on one job that's out there mostly.
EZ_money Scapey T Goat: i feel it in my bones
LightWhat : When you read or saying market will crash or burst, you got to look at the daily / weekly chart to see to confirm if is still hit ATH or trend already started bending downward. Must not lie from your own eyes :)