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Can the 8-Day Winning Streak of US Stocks Continue?
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On the last trading day of this week, the market once again launched a brutal short squeeze (caused by the sharp increase in short selling on Friday), some short sellers' 'anger' and 'fear' controlled the release of individual behavior (such as revenge trading caused by anger, despair closing after fear, etc.).... The market is doing what it has always been doing, starting 100 years ago, endlessly repeating...
$S&P 500 Index (.SPX.US)$ Filled the upper gap (far beyond my expectations), and there is no intention of a retracement at all. After a tight range consolidation for 4 days, it directly broke through the gap. Currently, it has encountered the downtrend trendlines, specific content will be shared on Sunday.
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Wishing a speedy recovery to those who adhere to the 'prophets' of QQQ 310-330, 265, 165... (I always say don't try to prove yourself right, because the market is always right...)
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Wishing you a happy weekend~
Large cap review preview👇
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  • iamiam :

  • sTone83 OP iamiam : Before anyone panics about a ratings company downgrading the outlook on the U.S., just step back and take a look at their record.

    It has been meaningless for any major market. S&P’s 2011 downgrade nearly nailed the bottom in stocks.

    When it comes to individual stocks, ratings downgrades have been proof that their analysts are no better than hindsight-looking, emotion-driven investors.

    This is from an April 2020 research note

  • Buffalo : Cheers 🍻 brothers.  

交易基础原理:历史最高价100美元的股票想要涨到200美元,那么它必须先涨到101美元🚴🏻
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