Davidzz
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$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ My guess is, a low has not yet been established and - after an initial bounce - we will likely see lower prices on the major indexes as institutions use the oversold rally for selling. Of course, I could be wrong. But there are two things I'm certain of: 1. Volatility is very elevated 2. There are no buyable setups according to my criteria. And that's all I need to know to keep me in the safety of cash until conditions im...
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Davidzz
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The key Q1 earnings season for U.S. stocks is coming to a close. Coinciding with the sticky inflation data, coupled with the background of hot employment data, this round of earnings had been highly expected by the market as a catalyst to boost U.S. stocks to continue to move upward under the weakening expectations of interest rate cuts.
Indeed, during the earnings release period, U.S. stocks exper...
Indeed, during the earnings release period, U.S. stocks exper...
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Davidzz
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$SPDR S&P 500 ETF (SPY.US)$
Intraday Market Crash
The major indices took a nose dive today. The day started off somewhat bullish but ended on a very bad note. Markets have been very over extended for quite a while now, and many investors have been anticipating a correction very soon. Is what we saw today the start of the correction everyone has been waiting for?
Bearish Technicals
The first warning sign that I see in the technical picture is the fact th...
Intraday Market Crash
The major indices took a nose dive today. The day started off somewhat bullish but ended on a very bad note. Markets have been very over extended for quite a while now, and many investors have been anticipating a correction very soon. Is what we saw today the start of the correction everyone has been waiting for?
Bearish Technicals
The first warning sign that I see in the technical picture is the fact th...
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Davidzz
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Davidzz
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$GigaCloud Technology (GCT.US)$ is it too late to jump into the rocket? i missed it today...busy
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