Gunah MK
reacted to
The FAANG stocks $Facebook Inc(FB.US$, $Amazon(AMZN.US$, $Apple(AAPL.US$, $Netflix(NFLX.US$, $Alphabet-A(GOOGL.US$ seem to have reached historical highs. These are without doubt the strongest and most stable companies in the stock universe. Should they be capable of increasing earning growth, they can still have further potential to enjoy higher price appreciation. For the ardent supporters of the FAANG companies, buying on dip would still be a potential and viable strategy. Even those who have sold FAANG stocks like $Apple(AAPL.US$ during its recent 52-week high can still buy the dip along the way during price pullback or correction so long as there is firm conviction in the long term growth prospects and valuation of $Apple(AAPL.US$ . Otherwise, it would be wise to wait on the sidelines for clearer indicators before taking further action. After all, the market does appear to be somewhat overheated currently and its continued upward momentum is not assured. It pays to be more prudent during this time. There could possibly be greater market volatility in the weeks ahead.
$S&P 500 Index(.SPX.US$
$S&P 500 Index(.SPX.US$
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Gunah MK
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Columns What is blockchain?
To understand cryptocurrency, there is one concept that you couldn’t avoid ---blockchain
The simplest way of explanation, blockchain is a specific type of database.
A traditional database runs in a centralized organizing way that requires an administrator to manage and maintain all of the info. Blockchain orient its data in a decentralized way that requires no individual to manage. It simply structures all data into blocks that are all chained together in chronological order. When a block is filled, it would become immutable and formed as a part of its timeline. Each block would be given an auto-generated hash code as it becomes chained.
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The simplest way of explanation, blockchain is a specific type of database.
A traditional database runs in a centralized organizing way that requires an administrator to manage and maintain all of the info. Blockchain orient its data in a decentralized way that requires no individual to manage. It simply structures all data into blocks that are all chained together in chronological order. When a block is filled, it would become immutable and formed as a part of its timeline. Each block would be given an auto-generated hash code as it becomes chained.
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Gunah MK
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Hi mooer,
Huat lah! Welcome to moomoo community!
Here in moomoo, traders from all over the world share personal investing experiences and concepts with new and old friends.
You can see in-depth investment reviews, daily profit & loss, trading disciplines, the processes for building a personal trading system and more!
Many interesting things are happening now, let me show you around!
Wanna see how everyone else is doing?
People are sharing their Daily Profit & Loss in moomoo community:...
Huat lah! Welcome to moomoo community!
Here in moomoo, traders from all over the world share personal investing experiences and concepts with new and old friends.
You can see in-depth investment reviews, daily profit & loss, trading disciplines, the processes for building a personal trading system and more!
Many interesting things are happening now, let me show you around!
Wanna see how everyone else is doing?
People are sharing their Daily Profit & Loss in moomoo community:...
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