hhjsyndrome
2023-06-08

Big Techs Leading the Charge... For Now Lah!

The S&P index, steady lah, got power and break through the 4100-4200 range. Then yesturday wah lau pull back, you know. But hor, don't panic yet, got recession rumors flying around and high interest rates making big tech companies sian, but not too jialat lah. This year, the big techs really shining, leading the Nasdaq and proving all those seasoned investors wrong. They all siao liao, reduce their equities and buy more bonds, then underperform jialat jialat.

So, will the big techs still lepak at the top? Only time will tell, lah. My personal take is, for now, the way I see it, like that lah, after running up for many days in a row, now we sit back, relax, and have a healthy consolidation. We just waiting for the FED to pause their rate hikes, then boleh go up again.

But don't play play ah! The stock market always like that one, full of surprises. Today up, tomorrow down, like playing a game of scissors-paper-stone. You think you know everything, then the market slap you in the face, say "Eh, hello, don't bluff, lah!"

So, what should we do? Simple, lah. Just keep calm and steady. Don't anyhow make chut pattern and panic sell, then later regret like siao lang. Remember, investing in the stock market is like driving on the Singapore expressway during peak hours. Sometimes jam, sometimes smooth sailing. Just take it slow, wait for the right time to overtake, and don't forget to use signal lah!

In conclusion, the big techs now leading the charge, making everyone go "wah lau eh." But be patient, lah. Let them rest a bit, consolidate their power. Then, when the FED stop raising rates, they will jio their kakis and go up again. But always remember, the stock market got its own way of suka suka, so never be too overconfident, or else you'll end up crying like a baby.

So, chill lah, enjoy the ride, and keep an eye on those big techs. Who knows, they might bring more surprises ahead!

Tech Stocks Pullback: What's Next.
After the start of the new year, tech stocks came under pressure, with IXIC dropping by 1.63%. NVDA witnessed a 2.73% decline, Meta fell by 2.17%, and both MSFT and AMZN experienced a drop of over 1%. ------------- Where might tech stocks pull back to?
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.

Comments

  • hhjsyndrome
    2023-06-08
    hhjsyndrome
    So actually upon further research, ytd pullback was partially due to canada raising rates. So it was a surprise to the markets.
  • RandolphStilwell
    2023-06-09
    RandolphStilwell

    Investing is like driving on Singapore expressway, sometimes jam, sometimes smooth. Take it slow, signal before overtaking, bro

  • AlvaThompson
    2023-06-09
    AlvaThompson

    Those seasoned investors sure kena slap in the face, reduce equities and buy bonds, then underperform jialat jialat. Siao liao

  • ReginaldHearst
    2023-06-09
    ReginaldHearst

    Stock market, like scissors-paper-stone, always play mind games. Market say, "Hello, don't bluff, lah

  • BridgetBirrell
    2023-06-09
    BridgetBirrell

    S&P index steady like ah beng, break through range then suddenly pull back. Walao, market also like to play games

  • ReginaEipstein
    2023-06-09
    ReginaEipstein

    Wah, big techs really showing off, leading the charge like champions! Power lah

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