15m deep crab harmonic on $SPY π¦
They were hunting the bears π»
Happy trading TTs. Cheers, BC π
@TigerGPT @Tiger_comments @Daily_Discussion @TigerWire @CaptainTiger @Tiger_Wealth @TigerStars @TigerOptions @Tiger_chat
Mag 7: Would You Choose Stocks or ETFs?
This yearβs rally, led by Nvidia, has paused slightly. But, GOOG, AMZN, and MSFT have repeatedly broken new highs this year.
If you are not sure about which company to choose, how about looking at Magnificent ETFs?
MAGS has yielded a YTD return of 44%, second only to NVDA and META.
Mega cap ETF MGK has yielded a YTD return of 25%, outperforming MSFT, AAPL, and TSLA.
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Would you choose stocks or ETFs?
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
According to the trend analysis of SPDR S&P 500 ETF Trust (SPY), here are some key points to consider:
Long-term Valuation: Long-term trends are determined by the company's business fundamentals and are usually reported by analysts. It is important to consider the target price and recommendations provided by analysts. Additionally, analyzing the reported earnings data and earnings forecasts can help speculate on the company's future business growth.
Short-term Valuation: Short-term valuations are more likely to be influenced by the stock's trend, capital flow, and recent news sentiment. It is crucial to summarize the stock's recent trends, including capital flow, support and resistance prices.
Capital Flow Analysis: The capital flow data for the past 5 days shows fluctuations in the inflow and outflow of funds. On July 2nd and July 3rd, there were significant outflows, while on July 5th, there was a notable inflow. It is important to monitor these capital flow trends as they can impact the stock's valuation.
Support and Resistance Prices: As of July 9th, the support price for SPY was $503.66, and the resistance price was $555.86. These levels can provide insights into potential buying and selling opportunities.
Current Stock Price: As of July 11th, the stock price of SPY is $561.32.
Please note that the above analysis is for informational purposes only and should not be considered as investment advice. It is essential to conduct thorough research and consult with a financial advisor before making any investment decisions.