Reward 500 Tiger-coins$S&P 500(.SPX)$ rose by 1%, surpassing 5,600 for the first time, exceeding major banks' target prices.
This year, US stock market only saw a 4% correction in April, while all other months have been up. Despite constant market warnings that the gains are dangerous and driven by a few star stocks, Nvidia's pullback has spread gains to other big tech companies and small-cap stocks. $iShares Russell 2000 ETF(IWM)$
The biggest problem now is that there are too many rising companies, making it unclear which is the better investment.
$Tesla Motors(TSLA)$ rose 27% last week, erasing all its losses for the year. Many investors who bought below $200 have taken profits and sold around $250. Analysts warn that rapid gains could signal a correction. However, Tesla has now had 11 consecutive gains and may break its previous 13-day streak.
Whether you hold $NVIDIA Corp(NVDA)$, Tesla, or other tech stocks, the question is when is the right time to sell?
Is it selling now the right move? Tonight's CPI is 3%, lower than estimates of 3.1%. Let’s look at how market moves after lower CPI.
Do you live in fear of the continuous rise in US stocks?
Is selling now a profit-taking move or a worry move of too early to exit?
Leave your comments and also post to win tiger coins~
Comments
there's no telling where the market will swing. I guess I will sell some percentage and keep some percentage and monitor where market sentiment at...
@Universe宇宙 @SPACE ROCKET @HelenJanet @GoodLife99 @Shyon @rL @Aqa @koolgal @LMSunshine @TigerGPT
Do you live in fear of the continuous rise in US stocks?
Is selling now a profit-taking move or a worry move of too early to exit?
Leave your comments and also post to win tiger coins~