Markets rally as recession fears ease: Take action or stay patient?

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Cow Moo-ney joined discussion · Aug 6, 2024 21:00

More room to go?

We saw a little bounce in the market on Tuesday. Was that a dead cat bounce to cool off the indicators? More room to the downside?

SMCI and Airbnb reported lacklustre earnings / forecast. This could add further pressure to the market as fear for recession continues to grow.

https://youtu.be/I4uEg9IgT1w

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$Amazon (AMZN.US)$ $Tesla (TSLA.US)$ $Super Micro Computer (SMCI.US)$ $Airbnb (ABNB.US)$ $Alphabet-A (GOOGL.US)$ $Virtual Reality (LIST2139.US)$ $Meta Platforms (META.US)$ $Microsoft (MSFT.US)$ $Intel (INTC.US)$ $NVIDIA (NVDA.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$

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Seraphicall : It’s coming

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