Donald Perkins
commented on
Since the beginning of June, Bitcoin seems to be stumbling. Bitcoin's price remains on a downward trajectory, having declined by 17% over the past month to reach its lowest level since February 2024. Although the cryptocurrency has experienced a modest rebound of 1.33% in the last five days, this slight recovery is insufficient to counterbalance the significant losses incurred in recent weeks.
Demand has peaked, leading to an overabundance, a...
Demand has peaked, leading to an overabundance, a...
![Bitcoin's Post-Halving Dip: Is Now a Good Time to Buy?](https://ussnsimg.moomoo.com/sns_client_feed/71445112/20240711/9b3fed62c2954a0f940c6cac13e3d026.jpg?area=100&is_public=true)
![Bitcoin's Post-Halving Dip: Is Now a Good Time to Buy?](https://ussnsimg.moomoo.com/sns_client_feed/71445112/20240711/627dff202cc64628b7c8cf6832b55061.png?area=100&is_public=true/thumb)
![Bitcoin's Post-Halving Dip: Is Now a Good Time to Buy?](https://ussnsimg.moomoo.com/sns_client_feed/71445112/20240711/1720696609608-e9fea23119.jpeg/thumb?area=100&is_public=true)
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When regular Americans are too broke to by the goods produced, then the stocks are overvalued.
@74142650:Everyone with their opinion. Fluctuation is a normal part of investing. No one can predict the market. If war breaks out tomorrow and the market crashes, no one would have known that a war would cause a market crash overnight.
![](https://pubimg-10000538.picsh.myqcloud.com/20220509000003007f564657fff.jpg)
I love the denial of the broke consumers. Stocks just keep pushing, and the dumb people will lose their azzes.
Donald Perkins
commented on
U.S. stocks have posted an impressive election-year rally so far in 2024. The $S&P 500 Index(.SPX.US$ is on pace for its best first-half performance during an election year since 1976, as well as the second-best performance in an election year in its history, according to Dow Jones Market Data.
But investors question whether that rally will continue in the second half of this year. Bank of America cautione...
But investors question whether that rally will continue in the second half of this year. Bank of America cautione...
![Stocks Are Having Their Best Election Year Since 1976: Can the Second-Half Rally Continue?](https://ussnsimg.moomoo.com/sns_client_feed/77777017/20240703/f872ee457e0249859dd8df50263ea4a3.png/thumb?area=100&is_public=true)
![Stocks Are Having Their Best Election Year Since 1976: Can the Second-Half Rally Continue?](https://ussnsimg.moomoo.com/sns_client_feed/77777017/20240703/026791cb09f14f5ebdfd14144ea317fd.png/thumb?area=100&is_public=true)
![Stocks Are Having Their Best Election Year Since 1976: Can the Second-Half Rally Continue?](https://ussnsimg.moomoo.com/sns_client_feed/77777017/20240703/ffa82cb89e3a47cda02ed9bc02543355.png/thumb?area=100&is_public=true)
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Who believes the numbers that this administration provides? They have revised the numbers down every month when no one is looking. There is a stark difference between reality and government numbers.
Donald Perkins
commented on
The aggregate $S&P 500 Index(.SPX.US$ has returned 15% since the start of the year, closing at 5487.03 on Tuesday. Supported by tech stocks, Wall Street Institutions have raised their S&P 500 year-end targets, with the highest reaching up to 6,000.
Goldman Sachs lifted its 2024 year-end target for the S&P 500 Index to 5,600 from 5,200, while Evercore ISI raised its forecast for the benchmark index to 6,000 from 4,750. Bo...
Goldman Sachs lifted its 2024 year-end target for the S&P 500 Index to 5,600 from 5,200, while Evercore ISI raised its forecast for the benchmark index to 6,000 from 4,750. Bo...
![US Stocks Surge, But Strategists Warn "Crack on the Ice" In the Tech Sector](https://ussnsimg.moomoo.com/sns_client_feed/77777017/20240620/ed13ff58065b45a1bc75e5289a9fafc6.png/thumb?area=100&is_public=true)
![US Stocks Surge, But Strategists Warn "Crack on the Ice" In the Tech Sector](https://ussnsimg.moomoo.com/sns_client_feed/77777017/20240620/b4e4c139cffe44f29c56e28a99c3c95d.png/thumb?area=100&is_public=true)
![US Stocks Surge, But Strategists Warn "Crack on the Ice" In the Tech Sector](https://ussnsimg.moomoo.com/sns_client_feed/77777017/20240620/24107b98d8c141f195d764c0c107bd3a.png/thumb?area=100&is_public=true)
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Donald Perkins
commented on
Wall Street is set for a volatile session as the Federal Reserve prepares to release interest rate decisions following the latest consumer price index (CPI) reading, a dual occurrence that could recalibrate expectations for interest rate cuts this year. Market participants are closely monitoring the May inflation figures, due Wednesday, understanding that these numbers will likely inform the Fed's so-called "dot plot," a chart d...
![CPI and Fed Rate Decision: Here's What the Experts Predict for Today](https://ussnsimg.moomoo.com/sns_client_feed/77777017/20240612/f18d6fe935e537955ea99eaeec5d5a7d.png/thumb?area=100&is_public=true)
![CPI and Fed Rate Decision: Here's What the Experts Predict for Today](https://ussnsimg.moomoo.com/sns_client_feed/77777017/20240612/cf9be1a9d05500fe183531dc872f74f9.png/thumb?area=100&is_public=true)
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They have lied every month. why would this month be any different.
Donald Perkins : This is a surprise to who? Bitcoin is usually down and at its lowest in August and September.