Newbies Blog: Are the signs here and way ahead

With China seemingly willing to ease on COVID -19 measures and the economy slowing down (which then translates to inflation possibly being tamed), there is a chance that stocks will rally in the new year. Of course, given the volatily of this year, I think it is best that we take nothing for granted.

I am beginning to see that while things look positive in the long run, each time I purchase stocks must be done with caution. This means waiting patiently for a good entry price and never just jumping in. We have seen several rallies recently, especially in $TENCENT(00700)$ $NIO Inc.(NIO)$ (in my watch list) and things look generally positive. However, this looks to me like a relief rally after apprehension and anticipation (waiting for fed minutes, CPI, etc). 

Are things really changing? I suppose the next few weeks can show something and may finally show a pivot. We should continue to remain vested although I have a feeling that the attractive bank rates out there have some investors moving their funds to banks instead of having to deal with the volatility of the stock market.

While I am generally bullish, I also wonder about the future (near future) of tech stocks. $Tesla Motors(TSLA)$ currently is at one of its lowest and so is $Alphabet(GOOG)$ /$Alphabet(GOOGL)$ . Tech stocks have lost their lustre because of the rising cost of resources and I think this may continue in the next year. But I shouldn't be surprised if there is suddenly a rally (there's my cautiousness speaking). Other than that, I think financials may continue to benefit and that's where most of my funds will lie.

How about yours?


@TigerStars  @CaptainTiger  @MillionaireTiger  

# 💰 Stocks to watch today?(22 Nov)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment75

  • Top
  • Latest
  • BellaFaraday
    ·2022-12-04
    Tencent's rebound gives me a lot of confidence.
    Reply
    Report
    Fold Replies
    • Home22
      💪🏼👍🏻
      2022-12-05
      Reply
      Report
  • MortimerDodd
    ·2022-12-04
    NIO is doing very well in Europe.
    Reply
    Report
    Fold Replies
    • BabySim
      Ok
      2022-12-05
      Reply
      Report
  • PandoraHaggai
    ·2022-12-04
    The FOMC's attitude is really something to watch.
    Reply
    Report
  • DonnaMay
    ·2022-12-04
    You're right that tech stocks have lost their luster lately.
    Reply
    Report
  • Maria_yy
    ·2022-12-04
    TSLA's current stock price is indeed attractive.
    Reply
    Report
    Fold Replies
    • JeremyKok
      is it a good price to buy?
      2022-12-05
      Reply
      Report
  • tx34
    ·2022-12-05
    Rally for the past week, let’s see this week
    Reply
    Report
  • 太好多多
    ·2022-12-05
    还好还好
    Reply
    Report
  • xnegate
    ·2022-12-05
    nice
    Reply
    Report
  • Mindthink
    ·2022-12-05
    Ok
    Reply
    Report
  • Darren77
    ·2022-12-05
    Nio is good
    Reply
    Report
  • Jujulim
    ·2022-12-05
    Thanks
    Reply
    Report
  • pinky557
    ·2022-12-05
    ok
    Reply
    Report
  • Mushroom88
    ·2022-12-05
    K
    Reply
    Report
  • usagiramen
    ·2022-12-05
    ok
    Reply
    Report
  • Qing Cai
    ·2022-12-05
    Ok
    Reply
    Report
  • RuJia
    ·2022-12-05
    Good
    Reply
    Report
  • vic78
    ·2022-12-05
    👍👍
    Reply
    Report
  • InvisibleP
    ·2022-12-05
    Ok
    Reply
    Report
  • Nlatykislove
    ·2022-12-05
    [Smile][Smile]
    Reply
    Report
  • OldCitron
    ·2022-12-05
    K
    Reply
    Report